Annual Equity Grants definition

Annual Equity Grants. You will receive a restricted stock award for 2020 on June 30, 2020 (the “2020 RSA Award”) 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 to the Commencement Date, 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 June, 2020) of not less than $990,000 (being equivalent to 2.20 times your Base Salary). The 2020 RSA Award shall time-vest twenty five percent (25%) on each of the first, second, third, and fourth anniversaries of the 2020 RSA award date of June 30, 2020. 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.

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Annual Equity Grants. The Restricted Shares or Shares awarded annually pursuant to Section 3.1.

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.

• 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.

• 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.

• 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.

• 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.

• In addition, the Company shall accelerate the vesting of each of Executive’s then-outstanding, Annual Equity Grants (including RSUs and options) that would have vested over the six (6) months following the Termination Date but for the Executive’s Termination; provided, however, that there shall be no accelerated vesting of any Performance Equity Grants, i.e., Annual Performance Equity Grant, Annual Performance Equity ESG Grant, Annual Performance Equity TSR Grant, and 2019 Annual Performance Equity Grant.

• 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”).

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

• The terms and conditions of Annual Equity Grants (other than exercisability and forfeiture, which are described below) will be established by the Committee at the time of grant and set forth in separate award agreements; in the event of any discrepancy between this Agreement and the provisions of the applicable award agreements, the provisions of the applicable award agreements will control.

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, 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”). ▇▇▇ ▇▇▇▇ ▇▇▇ 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. 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”). ▇▇▇ ▇▇▇▇ ▇▇▇ 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.