Examples of Equity Sponsors in a sentence
Amount includes $2.0 million of stock-based compensation related to accelerated vesting of outstanding stock options, $1.2 million of stock-based compensation related to stock options granted to our Chief Executive Officer and President and Chief Operations Officer of which 50% were vested at grant, $1.7 million of transaction bonuses and related payroll tax and $0.8 million in transaction payments to our Equity Sponsors.
PROJECT EQUITY The Equity Sponsors that are funding equity commitments shall provide binding commitments in respect of their contributions prior to or on the Effective Date.
The amounts represent the $50,000 annual cash retainer paid to each director who is not employed by the Company or one of our Equity Sponsors, plus an additional $10,000 paid to Mr. Finlayson for serving as the Chairman of the Audit Committee.
Rather it is apparent that both the plots are entirely distinct and have no similarity for which reason evidence was not required to be led.
Pursuant to the terms of the Director Deferred Compensation Plan, each director who is not employed by us or the Equity Sponsors may elect to defer the receipt of his cash director fees into a pre-tax interest-bearing deferred compensation account, which account accrues interest (credited to the account quarterly) as described in the Director Deferred Compensation Plan.