Employee Stock Plan definition
Employee Stock Plan means the arrangements, terms and procedures that the Corporation may establish from time to time for the issuance of up to 180,000 shares of Common Stock (or such larger number of shares of Common Stock as may be approved by (i) the "Compensation Committee" of the Board of Directors, or if no such committee exists, by the Board of Directors and (ii) the holders of at least 70% of the shares of PIK Preferred Stock) to employees or independent contractors of the Corporation or any Subsidiary at prices equal to the market value thereof as of the date of issuance and pursuant to such terms and conditions (including vesting) as the Board of Directors shall determine.
Employee Stock Plan means the 2003 Equity Incentive Plan and/or any other stock incentive agreements and/or plans which the Companies expect and intend to enter into with the employees, officers, directors or consultants of the Companies or their subsidiaries and/or adopt, as the case may be, to be effective on or after the Effective Date, pursuant to which employees, officers, directors or consultants are expected to be afforded stock, stock options, stock rights or other equity benefits. The shares of New PSI Common Stock which could result from the grant or exercise of these equity benefits or in connection with the Designated Stock Options, in aggregate, may constitute up to 2,650,000 shares of the New PSI Common Stock and which would permit, starting January 1, 2005, annual additions to an Employee Stock Plan in an amount not to exceed 4% of the fully diluted New PSI Common Stock on the date of each annual addition.
Employee Stock Plan means, collectively, the Sportsman’s Warehouse Holdings, Inc. Amended and Restated Employee Stock Purchase Plan and Sportsman’s Warehouse Holdings, Inc. Amended and Restated 2019 Performance Incentive Plan annexed hereto as Exhibit J (as in effect on the FirstSecond Amendment Effective Date and as subsequently amended in accordance with the terms hereof), pursuant to which certain Eligible Persons (as defined therein) may purchase restricted Equity Interests in the Parent.
Examples of Employee Stock Plan in a sentence
The purposes of this 2012 Employee Stock Plan are to attract and retain the best available personnel for positions of substantial responsibility, to provide additional incentive to Employees, and to promote the success of the Company’s business.
Once the E*Trade VeriSign Employee Stock Plan account has been activated, the exercise(s) can be executed on-line with E*Trade (the “Online Exercise Agreement”) or by following such other procedures as may be approved by the Company from time to time.
Employee shall be entitled to participate in any Internal Revenue Service qualified Profit-Sharing Plan, Employee Stock Plan, Stock Bonus Plan and Pension Plan adopted and/or implemented by the Company.
This Plan shall be known as the 2009 Key Employee Stock Plan (the "Plan").
Spinco shall settle, and satisfy any dividend obligations with respect to, such Spinco RSUs in accordance with the terms of the Spinco 2015 Employee Stock Plan.
More Definitions of Employee Stock Plan
Employee Stock Plan means that certain Sportsman’s Warehouse Holdings, Inc. 2010 Equity Incentive Plan annexed hereto as Exhibit J (as in effect on the First Amendment Effective Date and as subsequently amended in accordance with the terms hereof), pursuant to which certain Eligible Persons (as defined therein) may purchase restricted Equity Interests in the Parent.
Employee Stock Plan means each of (a) that certain SCCI National Holdings, Inc. 2021 Stock Plan (incorporated by reference to Exhibit 10.2 of Holding’s Registration Statement on Form S-1 (No. 333-274870) filed on October 5, 2023) and (b) Shimmick Corporation 2023 Equity Incentive Plan (incorporated by reference to Exhibit 10.3 of Holding’s Registration Statement on Form S-1 (No. 333-274870) filed on October 24, 2023).
Employee Stock Plan means the employee stock plan, or such other similar plan as may be agreed to by UNITE, to be adopted on the Consummation Date by (a) Reorganized BIUSA or an Affiliate thereof acceptable to Vestar and UNITE if the Vestar Transaction is consummated, or (b) New ARROW if the Institutional Holders' Conversion Transaction is consummated, in either case containing the provisions described in that certain Memorandum of Understanding between BIC and UNITE, dated May 3, 1996, together with such other provisions as may be agreed between the Debtors or Reorganized Debtors, as applicable, and UNITE.
Employee Stock Plan shall have the meaning set forth in Article 2.
Employee Stock Plan shall have the meaning set forth in Section 6.2(a).
Employee Stock Plan means any employee benefit plan of any Subsidiary of the Borrower providing employees of such Subsidiary options to purchase common stock not exceeding in the aggregate 10% of the aggregate outstanding Stock of such Subsidiary.