Annual Equity Grants definition

Annual Equity Grants. You will receive an additional restricted stock award for 2019 under the 2017 WideOpenWest, Inc. Omnibus Incentive Plan, or such other equity incentive plan as may be in effect from time to time, pro-rated for the period commencing September 1, 2019 through the end of February, 2020, with an aggregate award date target fair market value (before pro-ration and based upon the closing price of the restricted stock on the last trading day of September, 2019) of not less than $330,000 (being equivalent to 1.0 times your Base Salary) (the “2019 Supplemental RSA”). The 2019 Supplemental RSA shall time-vest twenty five percent (25%) on each of the first, second, third, and fourth anniversaries of the 2019 Supplemental RSA award date. You will be eligible for subsequent annual RSA awards (which will be documented in corresponding award agreements between the Company and you), with the specific terms and conditions of such RSAs subject to the discretion of the Compensation Committee.
Annual Equity Grants. You will receive a restricted stock award for 2018 under the 2017 WideOpenWest, Inc. Omnibus Incentive Plan, or such other equity incentive plan as may be in effect from time to time, pro-rated for the period commencing on the 1st day of the month in which your employment commences through the end of February, on the same basis as the Company’s senior management group with an aggregate award date target fair market value (before pro-ration and based upon the closing price of the restricted stock on the last trading day of the month in which your employment commences) of not less than $637,500 (being equivalent to 1.7 times your Base Salary) (the “2018 RSA”). Xxx 0000 XXX shall time-vest twenty five percent (25%) on each of the first, second, third, and fourth anniversaries of the 2018 RSA award date. You will be eligible for subsequent annual RSA awards (which will be documented in corresponding award agreements between the Company and you), with the specific terms and conditions of such RSAs comparable to those grants for the same time period made to the Company’s senior management group, subject to the discretion of the Compensation Committee.
Annual Equity Grants. As soon as practicable following the Commencement Date, the Company shall grant you an annual equity award for FY 2014 in the form of stock options and/or performance shares, with the grant date fair value, allocation between stock options and performance shares, performance metrics and other terms and conditions to be determined by the Board or the Compensation Committee (as constituted following the Commencement Date). For any fiscal years of the Company following FY 2014, the Company will grant you annual equity awards in the form of stock options and/or performance shares at the same time as annual equity awards are granted to similarly situated executives of the Company if you remain employed with the Company on such grant date, with the grant date fair value, allocation between stock options and performance shares, performance metrics and other terms and conditions to be determined by the Board or the Compensation Committee.

Examples of Annual Equity Grants in a sentence

  • All Annual Equity Grants to Employee shall be subject to the terms of the grant agreement between Employer and Employee.

  • The Annual Equity Grants will be based upon meeting Company and individual performance metrics to be mutually agreed upon in writing annually.

  • All shares received under the Annual Equity Grants shall immediately become fully vested and exercisable immediately prior to (and contingent upon) a Change In Control as defined in the 2017 Equity Incentive Plan.

  • The Annual Equity Grants (i) will be subject to a 4-year vesting period, with 25% vesting at year one (1) and quarterly vesting thereafter for twelve (12) quarters, as well as any other terms and conditions contained in the grant agreements; and (ii) will expire and cease to be exercisable on the ten (10) year anniversary of the grant date.

  • If Employee fails to cure the breach of the Equity Ownership Requirement within such 30-day period, the vesting of all previously granted but unvested equity grants, as set forth in Item 1 (Annual Equity Grants) of Exhibit A hereto (Other Benefits) shall terminate, and Employee shall not qualify for any new equity grants thereafter.

  • The Annual Equity Grants will be based upon meeting Company performance metrics to be mutually agreed upon in writing annually.

  • The foregoing Annual Equity Grants shall commence with the 2018 Annual Meeting of Stockholders.

  • The first Annual Equity Grant shall be granted on February 1, 2023 and subsequent Annual Equity Grants on each anniversary of the first Annual Equity Grant (“Grant Date”).

  • Subsequent Annual Equity Grants will vest in equal quarterly installments over three years.

  • Annual Equity Grants are discretionary and not guaranteed and they are based on TTEC Parent's and Executive's performance against targets, as set by the Board.


More Definitions of Annual Equity Grants

Annual Equity Grants. You will receive a restricted stock award for 2018 under the 2017 WideOpenWest, Inc. Omnibus Incentive Plan (or such other equity incentive plan as may be in effect from time to time) on the same basis as the Company’s senior management group with an aggregate grant date target fair market value of not less than $637,500 (being equivalent to 1.7 times your Base Salary) (the “2018 RSA”). Xxx 0000 XXX shall time-vest twenty five percent (25%) on each of the first, second, third, and fourth anniversaries of the 2018 RSA grant date. You will be eligible for subsequent annual RSA awards (which will be documented in corresponding award agreements between the Company and you), with the specific terms and conditions of such RSAs comparable to those grants for the same time period made to the Company’s senior management group, subject to the discretion of the Compensation Committee.
Annual Equity Grants. The Restricted Shares or Shares awarded annually pursuant to Section 3.1.

Related to Annual Equity Grants

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • non-equity incentive plan means an incentive plan or portion of an incentive plan that is not an equity incentive plan;

  • Company Equity Awards means the Company RSU Awards and the Company PSU Awards.

  • Parent Equity Awards means Parent Options, Parent DSU Awards and Parent PSU Awards.

  • Annual Grant means an Option granted annually to all Non-Employee Directors who meet the criteria specified in subsection 6(b) of the Plan.

  • Incentive Compensation Awards means awards granted under Incentive Compensation Plans providing the Executive with the opportunity to earn, on a year‑by‑year basis, annual and long‑term incentive compensation.

  • Company Equity Incentive Plan means the Company’s omnibus equity plan, last approved by Company Shareholders on November 6, 2018 and as proposed to be amended at the Company’s May 7, 2019 shareholders’ meeting.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Equity Incentive Plans means any equity incentive plans for officers, employees or Directors of the Company.

  • Equity Award means all incentive stock options, non-statutory stock options, shares of restricted stock, restricted stock units or other incentive equity awards in respect of shares of the Company’s equity securities that have been or will be granted to you by the Company.

  • Incentive Payments means any and all federal or state governmental subsidies, payments, transfers or other benefits, whether now or hereafter established, received by the Borrower in any fiscal year aged less than 120 days.

  • Company Equity Award means a Company Stock Option or a Company Restricted Share granted under one of the Company Stock Plans, as the case may be.

  • Equity Compensation means any stock option, stock appreciation, stock purchase, restricted stock, restricted stock unit, long term incentive cash bonus award or any other kind of equity-based plan, program, arrangement or grant regardless of whether the form of distribution is in stock or cash.

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Cash Bonus means an award of a bonus payable in cash pursuant to Section 10 hereof.

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • DSUs means the outstanding deferred share units issued under the DSU Plan.

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • Incentive Distribution Rights has the meaning assigned to such term in the Partnership Agreement.

  • Equity Incentive Plan means an incentive plan, or portion of an incentive plan, under which awards are granted and that falls within the scope of IFRS 2 Share-based Payment;

  • Compensation Options has the meaning ascribed in Section 8.1.