Examples of Phantom Stock Agreements in a sentence
All Phantom Stock granted pursuant to the Phantom Stock Agreements expires ten years from the date it was granted.
Any and all Phantom Stock awarded by the Company as of the date of this Proxy Statement was awarded pursuant to Phantom Stock Agreements with the executive officers or employees named in this table on April 21, 2000.
Awards of Phantom Stock are subject to the following terms and conditions, as set forth in the Phantom Stock Agreements.
As of the date of this proxy, the Board has determined to classify as eligible for Phantom Stock awards only seven persons and to award Phantom Stock rights to such persons pursuant to the Phantom Stock Agreements executed on April 21, 2000.
Exhibit No. Description10.14Schedule of Phantom Stock Agreements between Omega Flex, Inc.