Stock Program Sample Clauses

Stock Program. (a) Disney shall recommend to the Compensation Committee (“Committee”) of its Board of Directors that you be granted: (i) non-qualified stock options pursuant to a stock incentive plan of Disney to purchase 185,000 shares of common stock of Disney, it being understood that such options shall have an exercise price of 100% of fair market value of the common stock of Disney at the date of grant by the Committee (the “Grant Date”) and that such options shall vest at the rate of 50% on the second anniversary of the Grant Date and 25% on each of the third and fourth anniversaries of the Grant Date (subject to your continued employment by Disney and to the other provisions of the applicable stock incentive plan); and (ii) 40,000 restricted stock units pursuant to a Disney stock incentive plan, it being understood that such restricted stock units shall be scheduled to vest at the rate of 50% on the second anniversary of the Grant Date and 50% on the fourth anniversary of the Grant Date (subject to your continued employment by Disney and to the other provisions of the applicable Disney stock incentive plan and of the restricted stock unit award). (b) Commencing with Disney’s 2008 fiscal year (i.e., commencing with respect to awards currently anticipated to be made in January 2008), you shall be eligible to participate in Disney’s annual long-term incentive program for so long as the program remains in effect. However, there is no assurance that any future award will be made or, if made, that it will be of any particular magnitude, and the grant of any such award would in any event be at the sole discretion of Disney and may be subject to such terms and conditions (including performance-based vesting conditions) as the Committee in its sole discretion deems appropriate.

Stock Program. The parties hereto will use reasonable best efforts to agree upon a program whereby certain agents will have the opportunity to earn bonuses in the form of stock of American Independence Corp., a Delaware corporation and the parent of IAIC, subject to customary terms and conditions of such a program, including, without limitation, a cap on both (i) the number of such shares any agent may earn during a specified period and (ii) the aggregate number of such shares available under such program.

Stock Program. Mr. Wild will be participating in our Stock Program. You will be granted a stock option for 100,000 shares at the fair market value on the date of grant. Our standard stock option vesting schedule vests 20 % after the first 12 months and then monthly over a five-year period from date of hire. The options will be subject to the terms and conditions of the Stock Option Plan. You will also be granted 50,000 restricted stock units. This common stock grant represents your right to common shares of stock in the future. The stock restrictions are removed over a four-year period with 25% of the shares becoming unrestricted on the first-year anniversary date of the award. The remaining share restrictions are removed annually over the next three years thereafter. Further more detailed information regarding the common stock award and stock option grant will be provided when they are issued to you. Additional vesting cases apply to this position, as described below.

Stock Program. The following stock option and stock grants shall be made to ▇▇. ▇▇▇▇▇▇.