Examples of Employee Equity Awards in a sentence
In the event of such a termination, the Employee Equity Awards shall be treated as provided in the relevant award documentation applicable to such a termination.
The Company shall vest and settle Company Subsidiary Employee Equity Awards in accordance with the terms of the applicable Company Subsidiary Employee Equity Plan as of the date hereof no later than immediately prior to the Effective Time.
Modification of Outstanding Employee Equity Awards The accompanying unaudited pro forma condensed consolidated financial statements do not include the impact of additional stock-based compensation expense related to the modification of outstanding employee equity awards, which include stock options, restricted stock units and restricted stock awards, in connection with the Spin-Off.
Subject to Board approval, and upon the Supplemental Release Effective Date, as defined in the Supplemental Release attached hereto as Exhibit A, You will be entitled to Fifty Percent (50%) fully accelerated vesting with respect to the number of shares subject to Your outstanding, unvested time-based Employee Equity Awards as of April 30, 2022, in accordance with the terms and conditions of the Company’s Stock Agreements.
The Company shall have the option to repurchase, at cost, any and all Common Stock still subject to the Company’s repurchase rights as well as any portion of unvested shares held by any and all holders of Employee Equity Awards in the event that such holder’s service relationship with the Company is terminated for any reason, unless otherwise specified in an applicable employment or consulting agreement.
Subject to Board approval, and upon the Supplemental Release Effective Date, as defined in the Supplemental Release attached hereto as Exhibit A, the Company will extend the exercise period of Your Employee Equity Awards through June 30, 2023.
Notwithstanding any other provision of the Plan to the contrary, the terms of any Employee Equity Awards and Director Equity Awards deferred under the Plan shall be subject to the terms and conditions of the Equity Plan (including provisions relating to administration and adjustment thereof).
Participants who elect to defer Employee Equity Awards will have no rights as stockholders of the Company with respect to allocations made to their Employee Equity Account other than the right to receive Dividend Equivalent Unit allocations as described in subsection 4.7.
In the event your employment is terminated prior to vesting of the PSUs for any reason other than a as provided in paragraph 3 with regard to certain terminations following a Change in Control of the Company, all PSUs granted hereunder shall immediately be forfeited by you and canceled, except as otherwise provided in the Company’s “Retirement Policy Applicable to Employee Equity Awards: or otherwise provided in any employment agreement between you and the Company in effect at the date of your termination.
Subject to the terms and conditions set forth herein and such terms and conditions as the Administrator may determine, for any Plan Year an eligible Participant may elect to defer Base Salary, Bonus, Non-Employee Directors’ Fees, Director Equity Awards and Employee Equity Awards, as applicable, by timely making a Deferral Election that is accepted by the Administrator.