Examples of Phantom Stock Agreement in a sentence
The Phantom Stock Agreement shall set forth the terms of the Phantom Stock Units, as determined by the Board, including, without limitation, the vesting schedule, the period during which the Phantom Stock Units must be converted, if at all, and the “Award Value” of each Phantom Stock Unit (which shall be the Fair Market Value of a Share as of the date of grant of the related Phantom Stock Unit).
Capitalized terms used in this Phantom Stock Agreement shall have the same meanings ascribed to such terms in the Plan.
The terms of the Plan, to the extent not inconsistent with this Phantom Stock Agreement, are incorporated herein by reference where indicated.
This Phantom Stock Agreement is intended to correspond to the extent practical to the Sanderson Farms, Inc.
The arbitration provision of the Joinder Agreement, paragraph 2(e), provided that:Friedman’s rights under his Employment Agreement, the Profit Participation Agreement, the Phantom Stock Agreement, and the Management Agreement, shall be subject to the arbitration provisions of Section 11 of the Shareholders Agreement, provided that the Corporation and the other Shareholders shall have the right to seek equitable and/or injunctive relief without resorting to arbitration.