Examples of Equity Plan in a sentence
So long as Executive continues to be employed with the Company as of the applicable grant dates, subject to annual approval by the Compensation Committee of the Board, Executive will be awarded long-term compensation awards under the Equity Plan and/or such other plans, programs or arrangements (each an “LTI Award”) having a grant date value of not less than $900,000.00 (the “Annual LTI Amount”).
During the Employment Period, beginning promptly after the Company’s Form 10-K filing for the fiscal year ending December 31, 2024 and annually thereafter, Executive shall be eligible to participate in the Equity Plan and any other long term incentive plan, program and/or arrangements applicable to senior-level executives as established and modified from time to time by the Compensation Committee of the Board, within its sole discretion.