Examples of Employee Equity Agreement in a sentence
Without limiting any other rights of the Company, the Company may, subject to the approval of the Board, issue Units to existing or new employees, officers, directors, consultants or other service providers of the Company or any of its Subsidiaries, or a designee of any such employee or service provider approved by the Company, pursuant to an Employee Equity Agreement approved by the Board, which agreement shall contain such provisions as the Board shall determine.
On the date of each grant of Capital Incentive Units to a Management Unitholder who is, or as a result of such grant becomes, a holder of Capital Incentive Units pursuant to a grant made under an Employee Equity Agreement, the Board shall establish an initial "Participation Threshold" amount with respect to each Capital Incentive Unit granted on such date.
In the event that restrictions on transfer or change in beneficial ownership of Units set forth herein or in any applicable Employee Equity Agreement have been breached, the Company may withhold distributions in respect of the affected Units until such breach has been cured.
USAID Laos CTIP informed participants of the project’s MOU amendment and expansion into two northern provinces, which MLSW will include in their five-year development plan.
The Parent shall deliver each of the cash Employee Equity Agreement Amounts and instruct the Parent's transfer agent to issue the shares of Parent Common Stock constituting a portion of each of the Employee Equity Agreement Amounts.
Further, for purposes of such Employee Equity Agreement, “management control acquisition” is defined as a sale of CII with respect to which (i) immediately prior to such sale of CII, Dan Caruso is serving CII as chief executive officer and (ii) after giving effect to the consummation of the sale of CII, Dan Caruso is the chief executive officer of the combined company resulting from such sale of CII.
The Company may make the Residual Units issued to Management Unitholders and any issuance thereof and any applicable Employee Equity Agreement subject to the terms and conditions of any other equity incentive plan consistent with the terms of this Agreement, as may have been adopted by the Company.
Set fort on Exhibit 4.8 is a list of the aggregate amount needed to satisfy in full all of Commercial Air's obligations pursuant to each of the Employee Equity Agreements listed on Exhibit 4.8 (each of such agreements shall be referred to individually herein as an "Employee Equity Agreement", and the total amount necessary to satisfy in full all obligations pursuant to an Employee Equity Agreement shall be referred to as the "Employee Equity Agreement Amount").