Equity Participation definition
Examples of Equity Participation in a sentence
Equity Participation Plan to the extent Executive is less than 100% vested in such shares as of the Termination Date.
Equity Participation Plan), including without limitation any stock options, restricted stock, restricted stock units, performance units, and/or performance shares to the extent Executive is less than 50% vested in such award as of the Termination Date.
I accept this grant via electronic signature by clicking the "Accept" icon and certify that I have read, understand and agree to the terms and conditions of the 2011 Equity Participation Plan (the "Plan"), the provisions of the applicable Award Agreement and all other applicable documents (including any country-specific terms applicable to my grant).
The parties further agree that any and all prior employment agreements and agreements relating to the Company's former Equity Participation Plan by and between the parties are hereby revoked and superseded in their entirety by the provisions of this Agreement.
Capitalized terms used herein and not otherwise defined herein shall have the respective meanings assigned to them in the Equity Participation Agreement, either as defined therein or by reference to another document.
Each of the Equity Participation Agreement, Equity Funding Agreement, Guaranty (ITC Compensation), Guaranty (Recapture Indemnification) and Blocked Account Control Agreement constitutes the valid and binding obligation of the Opinion Parties, enforceable against the Opinion Parties in accordance with its terms.
Insofar as our opinion in paragraph 1 above that the Equity Participation Agreement, Equity Funding Agreement, Guaranty (ITC Compensation), Guaranty (Recapture Indemnification) and Blocked Account Control Agreement are legal, valid, binding and enforceable pertains to the parties’ agreement that the law of the State of New York shall be the governing law of such document, our opinion is based solely on Section 5-1401 of the New York General Obligations Law.
During the Term, Executive shall be eligible for grants of equity awards covering Holdings common stock under the Holdings Second Amended and Restated 2009 Equity Participation Plan or any other applicable equity plan maintained by Holdings from time to time, subject to vesting and other terms and conditions determined by the Committee, in its sole discretion.
We express no opinion as to the validity of such statute under the Constitution of the United States of America, particularly in circumstances where the Equity Participation Agreement, Equity Funding Agreement, Guaranty (ITC Compensation), Guaranty (Recapture Indemnification) and Blocked Account Control Agreement bear no reasonable relation to the State of New York.
This opinion is being delivered to you pursuant to Section 2.2(s)(i) of the Equity Participation Agreement.