Examples of Euroco Management Incentive Plan in a sentence
Euroco shall reserve up to two million shares of Euroco Common Stock for issuance pursuant to the Euroco Management Incentive Plan without further act or action under applicable law, regulation, order, or rule.
The Euroco Management Incentive Options shall be issued by Euroco in accordance with the Euroco Management Incentive Plan to be adopted by the compensation committee of the board of directors of Euroco on or after the Effective Date.
Under the Euroco Management Incentive Plan, options to purchase up to 10% of the issued and outstanding shares of Euroco Common Stock as of the Effective Date may be granted from time to time to certain employees of Euroco and, on the Effective Date, Euroco shall reserve up to 2 million shares of Euroco Common Stock for issuance under the Euroco Management Incentive Plan.
The form of Euroco Management Incentive Plan is annexed as Exhibit R hereto.
Management Incentive Plans On or after the Effective Date, the compensation committees of the boards of directors of New NTL and Euroco, respectively, are authorized to and shall adopt the New NTL Management Incentive Plan and Euroco Management Incentive Plan.
On or after the Effective Date, the compensation committees of the boards of directors of New NTL and Euroco, respectively, are authorized to and shall adopt the New NTL Management Incentive Plan and Euroco Management Incentive Plan.
The Euroco Management Incentive Plan is intended to provide incentives to certain employees of Euroco and its subsidiaries to incentivize their efforts in fostering and promoting the long term growth and performance of Euroco and to better align such employees' interests with the stockholders of Euroco.
To achieve this purpose, the Plan provides that on or after the Effective Date, the compensation committee of the board of directors of Euroco is authorized to, and will, adopt the Euroco Management Incentive Plan under which options to purchase up to 10% of the issued and outstanding shares of Euroco Common Stock as of the Effective Date may be granted from time to time to certain employees of Euroco and its subsidiaries.
Accordingly, on the Effective Date pursuant to the Plan, Euroco will reserve up to 2 million shares of Euroco Common Stock for issuance under the Euroco Management Incentive Plan.
The Euroco Management Incentive Options shall be issued by Euroco in accordance with the Euroco Management Incentive Plan to be adopted by the compensation committee of the board of directors of Euroco.