Equity Grants definition

Equity Grants is hereby deleted in its entirety.

Equity Grants means cash, Common Shares or equity-based awards granted under Article IX of this Plan.

Equity Grants has the meaning set forth in Section 3.15(c).

Examples of Equity Grants in a sentence

• In the event of a conflict between the terms and conditions herein and those in any other agreement or contract between the Company and the Executive with respect to any Equity Grants granted to Executive, the terms and conditions of such other agreement or contract shall control.

• In the event that the Term is not renewed by either Party pursuant to the provisions of Section 1(a), any unvested portion of any Equity Grants shall immediately be forfeited as of the expiration of the Term without any further action of the Parties.

• In the event that a Change of Control occurs during the Term, any unvested portion of any Equity Grants shall, to the extent not already vested, be deemed automatically vested immediately without any further action of the Parties.

• In addition, in the event of a Change in Control, the Equity Grants held by the Executive shall be treated in a manner consistent with the Company’s Equity Incentive Plan, the Executive’s Stock Option Agreement and this Agreement.

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

More Definitions of Equity Grants

Equity Grants shall have the meaning set forth in Section 4(c).

Equity Grants means all previous grants to the Employee of (i) shares of Restricted Stock and (ii) grants of stock options (the “Options”) to purchase common stock of the Company, par value $0.001 per share ("Common Stock"), in each case which are subject to time-based vesting as set forth in the applicable Restricted Stock or Option agreement(s).

Equity Grants means cash, Common Shares or equity-based awards granted under Article 9 of this Plan.

Equity Grants means the following equity grants you currently hold (on a post-SPAC conversion basis):

Equity Grants means the grants of Common Shares, share options (both incentive and non-qualified), SARs, restricted stock awards, RSUs and stock-based awards in accordance to the Equity Incentive Plan.

Equity Grants. At the next regularly scheduled meeting of the Compensation Committee following your Start Date, the Compensation Committee will consider a grant to you of an equity award in the form of (1) restricted stock units ("RSUs") for 50,000 shares, and (2) a stock option for the purchase of 15,000 shares of common stock. The value of the RSUs will be based on the market price of the Company's common stock on the date of grant. The value of the stock options will be based on a grant date fair value generally estimated using a Black-Scholes or similar model; the exercise price of the options will be based on the market price of the Company's common stock on the date of grant. The initial equity award above shall vest in equal amounts of twenty-five percent (25%) each on the first, second, third and fourth anniversaries of the date of grant of such award. In addition, for each full fiscal year of employment, you will be eligible to receive annual equity awards, as determined by the Compensation Committee, in the form of RSUs, valued at $75,000, with such grants to vest fifty percent (50%) on the date of grant and fifty percent (50%) on the first anniversary of the date of grant. The actual number of shares included in any future equity awards hereunder and all other terms and conditions applicable to each such award shall be determined by the Compensation Committee. The value of such equity awards will be determined based on the market price of the Company's common stock on the date of grant of such awards. Equity awards will be subject to the terms and conditions of the Company's 2015 Equity Incentive Award Plan, the 2018 Equity Incentive Plan, or any successor plan adopted by the Company pursuant to which such awards may be made, and the applicable award agreement.

Equity Grants for purposes of this Agreement means any equity or equity-type grant made by Chattem or by a Chattem Affiliate, including stock option grants, restricted stock grants, stock appreciation right grants and restricted stock unit grants.