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.
Subject to the provisions of these Articles, the Investor Rights Agreement and any Incentive Share Agreement, Shares may be transferred by a written instrument of transfer executed by or on behalf of the transferor (and if the Directors so require, signed by or on behalf of the transferee).
Notwithstanding anything to the contrary herein, no Member shall Transfer any Shares to the extent that such Transfer would violate (i) the Securities Act of 1933, as amended, and any other federal or state securities or blue sky laws, (ii) the provisions of the Investor Rights Agreement applicable to such Member or (iii) if applicable, the provisions of any Incentive Share Agreement or any similar incentive share agreement applicable to such Member.
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.
This Agreement amends and restates in its entirety the Incentive Share Agreement and all provisions of this Agreement supersede all provisions of the Incentive Share Agreement.
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 two and one-half percent (21/2%) of the amount of the distributions that would otherwise be payable to the holders of Class A Units pursuant to the LLC Agreement.
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 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.