Examples of New Equity Incentive Plan in a sentence
This will ensure that their independence is preserved as long as possible and that they receive the highest quality of care in the least restrictive environment as their illness or disease progresses.
The ownership percentage represented by New Common Stock distributed on the Effective Date under the Plan will be subject to dilution in the event that (a) New Common Stock is issued pursuant to the New Equity Incentive Plan, including issuances upon the exercise of options and (b) any other shares of New Common Stock are issued post-emergence.
The New Common Stock issued under the Plan will be subject to dilution based upon (i) the issuance of New Common Stock pursuant to the New Equity Incentive Plan as set forth in Section 6.6 of the Plan and (ii) any other shares of New Common Stock issued post-emergence.
New Equity Incentive Plan 10% of the Reorganized Parent Common Stock outstanding immediately after the Effective Date shall be reserved to implement a new equity incentive plan (the “New Equity Incentive Plan”) on terms to be negotiated in good faith and disclosed as part of the Plan Supplement; provided that the New Equity Incentive Plan will include customary anti-dilution protections, including, but not limited to, by means of distribution of Reorganized Parent Participating Preferred Stock.
The members of management and the employees entitled to participate in the New Equity Incentive Plan, and the awards for each, will be determined by the New Board.