Examples of Incentive Share Agreement in a sentence
This Agreement and that certain Advisor and Incentive Share Agreement dated as of the date hereof between me and the Company represents the complete agreement of the Company and me with respect to the transactions contemplated hereby and supersedes all prior and contemporaneous agreements and understandings.
In addition to the foregoing, upon termination of the Executive’s employment, the Executive shall continue to have such rights, if any, that may continue to exist under the Management Incentive Share Agreement upon the terms and conditions set forth therein.
Except as set forth in the Management Incentive Share Agreement, this Agreement sets forth the entire understanding of the parties with respect to the subject matter hereof; supersedes all existing agreements between them concerning such subject matter, and may be modified only by a written instrument duly executed by each party.
The number of the 2004 Incentive Shares that may be awarded to Grantee by the Committee is limited to a percentage of the target incentive share numbers specified above, as adjusted for phantom dividends on target shares converted to additional target incentive shares, less the number of the 2003 Incentive Shares, if any, awarded to Grantee pursuant to the 2003 Incentive Share Agreement, and is subject to the Committee’s negative discretion.
Pursuant to a separate Management Incentive Share Agreement and subject to the terms and conditions set forth therein, the Executive shall be eligible to receive additional compensation through the granting of incentive phantom interests equivalent to five percent (5%) of the amount of the distributions that would otherwise be payable to the holders of Class A Units pursuant to the LLC Agreement.
The date on which the Committee makes its determination as to whether, and if so, the extent to which, an award of the 2004 Incentive Shares may be made pursuant to the Agreement, and within those limits, whether to award any of the 2004 Incentive Shares hereunder, and if so, how many to award, is hereafter referred to as the “Award Date.” The Award Date cannot occur any earlier that the date on which the Committee makes its award determination pursuant to the 2003 Incentive Share Agreement.
Pursuant to that certain Incentive Share Agreement dated as of March 15, 2018, Platform 88 Inc.
The restrictions on the Transfer of Member Shares set forth in this Section 4 shall continue with respect to each Member Share until the earlier of (i) the consummation of a Qualified Public Offering (except as provided in an Incentive Share Agreement) or a Sale of the Company or (ii) the date on which such Member Share has been Transferred pursuant to Section 5.
The Company and the Employee are parties to an Incentive Share Agreement dated as of December 22, 1988 ("Incentive Share Agreement") and now desire to amend and restate such agreement in its entirety.
For the avoidance of doubt, no obligations of Holdco with respect to any Incentive Share Agreement shall be assigned or transferred hereunder.