Supplemental Sign-on Grant Sample Clauses

Supplemental Sign-on Grant. Promptly following the Company’s stockholders’ approval of a new equity plan in accordance with the requirements of the New York Stock Exchange (the “Stockholder Approval”), Executive shall be granted a supplemental award of PSUs (“Supplemental PSUs”), on the terms and conditions set forth on Exhibit B to this Agreement (the “Supplemental PSU Agreement”), unless Executive’s employment is terminated by the Company for Cause or Executive resigns his employment without Good Reason prior to such date. The Company shall use its commercially reasonable efforts to obtain the Stockholder Approval at its 2016 annual stockholder meeting. Notwithstanding anything herein to the contrary, the treatment of the Supplemental PSUs upon Executive’s termination of employment shall be the treatment provided in the Supplemental PSU Agreement. Unless otherwise expressly provided in this Agreement, references in this Agreement to “PSUs” shall not refer to the Supplemental PSUs. For the avoidance of doubt, the Supplemental PSUs are in addition to, and not in lieu of any of, the equity awards to be granted under Section 3(c)(i), and the value of the Supplemental PSUs shall not be taken into account in determining any equity awards to be granted under Section 3(c)(i) above.
Sample 1
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Supplemental Sign-on Grant. On or within ninety (90) days following the date Executive signs and returns this Agreement to the Company, Executive shall be granted a supplemental award (the “Supplemental RSUs”) of RSUs having an aggregate fair value as of the date of grant equal to $600,000 in the aggregate. The Supplemental RSUs shall all vest on Initial Term Expiration Date (i.e., December 31, 2020), subject to Executive’s continued employment through that date; provided that all of the Supplemental RSUs shall vest in the event that Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason or due to Executive’s death or Disability prior to the Initial Term Expiration Date. The Supplemental RSUs shall be subject to such other terms as set forth in the applicable grant agreement and in the Tribune Media Company 2016 Incentive Compensation Plan or any successor equity plan adopted by the Company. Unless otherwise expressly provided in this Agreement, references in this Agreement to “RSUs” shall not refer to the Supplemental RSUs.
Sample 1
Supplemental Sign-on Grant. On the Effective Date, Executive shall be granted a supplemental award of 27,300 restricted stock units (the “Supplemental RSUs”), on the terms and conditions set forth in the restricted stock unit agreement attached as Exhibit B hereto (the “Supplemental RSU Agreement”). Unless otherwise expressly provided in this Agreement, references in this Agreement to “RSUs” shall not refer to the Supplemental RSUs. For the avoidance of doubt, the Supplemental RSUs are in addition to, and not in lieu of any of, the equity awards to be granted under Section 3(c)(i), and the value of the Supplemental RSUs shall not be taken into account in determining any equity awards to be granted under Section 3(c)(i) above.
Sample 1
Supplemental Sign-on Grant. Promptly following the Company’s stockholders’ approval of a new equity plan in accordance with the requirements of the New York Stock Exchange (the “Stockholder Approval”), Executive shall be granted a supplemental award of PSUs (“Supplemental PSUs”), on the terms and conditions set forth on Exhibit C to this Agreement (the “Supplemental PSU Agreement”), unless Executive’s employment is terminated by the Company for Cause or Executive resigns without Good Reason prior to such date. The Company shall use its commercially reasonable efforts to obtain the Stockholder Approval at its 2016 annual stockholder meeting. Notwithstanding anything herein to the contrary, the treatment of the Supplemental PSUs upon Executive’s termination of employment shall be the treatment provided in the Supplemental PSU Agreement. Unless otherwise expressly provided in this Agreement, references in this Agreement to “PSUs” shall not refer to the Supplemental
Sample 1
Supplemental Sign-on Grant. Promptly following the Effective Date, Executive shall be granted a supplemental award of 100,000 Options (the “Supplemental Options”). The exercise price for each Supplemental Option shall be $44.00. The Supplemental Options shall all vest on Initial Term Expiration Date (i.e., December 31, 2018), subject to Executive’s continued employment through that date; provided that all of the Supplemental Options shall vest in the event that Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason prior to the Initial Term Expiration Date. The Supplemental Options shall be subject to such other terms as set forth in the Company’s standard Option grant agreement and in the Tribune Media Company 2016 Incentive Compensation Plan; provided, however, that, in the event Executive’s employment is terminated prior to the Initial Term Expiration Date by the Company without Cause, by Executive for Good Reason or due to Executive’s death or Disability, any unexercised vested Supplemental Options will remain outstanding until the later of (x) ninety (90) days following Executive’s termination of employment and (x) the Initial Term Expiration Date. Unless otherwise expressly provided in this Agreement, references in this Agreement to “Options” shall not refer to the Supplemental Options. For the avoidance of doubt, the Supplemental Options are in addition to, and not in lieu of any of, the equity awards to be granted under Section 3(c)(i), and the value of the Supplemental Options shall not be taken into account in determining any equity awards to be granted under Section 3(c)(i) above.
Sample 1
Supplemental Sign-on Grant. On or within ninety (90) days following the date Executive signs and returns this Agreement to the Company, Executive shall be granted a supplemental award of PSUs having an aggregate fair value equal to $1,200,000 (based on the fair market value of the Company’s Class A common stock on the date of this Agreement) (the“Supplemental PSUs”), on the terms and conditions set forth on Exhibit B hereto (the “Supplemental PSU Agreement”). The Supplemental PSUs shall immediately vest if, during the Term, the closing price of the Company’s Class A common stock on the New York Stock Exchange equals or is greater than $45.00 on each day during any period of fifteen (15) consecutive trading days ending on the Term Expiration Date, subject to the Executive’s continuous employment through such period. Unless otherwise expressly provided in this Agreement, references in this Agreement to “PSUs” shall not refer to the Supplemental PSUs. For the avoidance of doubt, the Supplemental PSUs are in addition to, and not in lieu of any of, the equity awards to be granted under Section 3(c)(i), and the value of the Supplemental PSUs shall not be taken into account in determining any equity awards to be granted under Section 3(c)(i) above.
Sample 1

Related to Supplemental Sign-on Grant

  • Effect of Amendment; Ratification Except as specifically amended hereby, the Agreement is hereby ratified and confirmed in all respects, and all of its provisions shall remain in full force and effect. After this Amendment becomes effective, all references in the Agreement (or in any other Transaction Document) to “the Receivables Purchase Agreement”, “this Agreement”, “hereof”, “herein”, or words of similar effect, in each case referring to the Agreement, shall be deemed to be references to the Agreement as amended hereby. This Amendment shall not be deemed to expressly or impliedly waive, amend, or supplement any provision of the Agreement other than as specifically set forth herein.

  • Waiver, Amendments, Etc The Trust shall not waive, modify, amend, supplement or consent to any waiver, modification, amendment of or supplement to, any of the provisions of the Certificate of Trust, the Trust Agreement or any of the other Transaction Documents unless, if no Insurer Default shall have occurred and be continuing, Financial Security shall have consented thereto in writing.

  • Amendment, Etc No amendment, modification or waiver of any provision of this Indenture relating to any Guarantor or consent to any departure by any Guarantor or any other Person from any such provision will in any event be effective unless it is signed by such Guarantor and the Trustee.

  • Amendment of Agreement This Agreement may be amended only by written agreement of the Adviser and the Sub-Adviser and only in accordance with the provisions of the 1940 Act and the rules and regulations promulgated thereunder.

  • Modification, Extension and Renewal of Options The Board or a duly appointed committee thereof, may modify, extend or renew this Option or accept the surrender thereof (to the extent not theretofore exercised) and authorize the granting of a new option in substitution therefore (to the extent not theretofore exercised), subject at all times to the Code and applicable securities laws. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the Recipient, alter to the Recipient’s detriment or impair any rights of Recipient hereunder.

  • Adoption, Ratification and Confirmation The Original Indenture, as supplemented and amended by this Supplemental Indenture, is in all respects hereby adopted, ratified and confirmed.

  • Ratification of Agreement As supplemented by this Supplement, the Agreement is in all respects ratified and confirmed and the Agreement as so supplemented by this Supplement shall be read, taken and construed as one and the same instrument.

  • Effect of Amendment and Restatement It is the intent of the parties hereto that this Agreement shall, as of the date hereof, replace in its entirety the Original Trust Agreement; provided, however, that with respect to the period of time from January 20, 2021 through the date hereof, the rights and obligations of the parties shall be governed by the Original Trust Agreement; and provided further, that the amendment and restatement of the Original Trust Agreement shall not affect any of the grants, conveyances or transfers contemplated by the Original Trust Agreement to have occurred prior to the date hereof.

  • Amendments to Purchase Agreement The parties agree that the Purchase Agreement shall be amended, solely with respect to the Mortgage Loans, as follows:

  • Amendment of Option This Agreement and the terms of the Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.

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