Additional Incentive Sample Clauses

Additional Incentive. (a) The Compensation Committee of the Board has previously approved the grant(s) to Executive of options to purchase shares of the Company’s common stock (the “Options”) pursuant to the Company’s 2005 Equity Incentive Plan (the “Plan”). The per share exercise price applicable to the Options is 100% of the Fair Market Value (as defined in the Plan) of a share of the Company’s common stock on the grant date. The Options vest according to the terms of the grant(s), subject to earlier vesting as provided herein and in the Plan. The Options shall expire as set forth in the grant(s). Upon the occurrence of a Change in Control (as defined below), the Options shall be deemed fully vested and exercisable. In the event of any conflict between the terms and provisions of this Section 5 and the Plan, the Plan shall govern. (b) For the purposes of this Agreement, “Change in Control” shall have the same meaning as in the Plan.

Additional Incentive. (a) The Compensation Committee of the Board may, at the sole discretion of the Compensation Committee, grant Executive equity awards (each an “Award”) under the Empire Resorts, Inc. 2015 Equity Incentive Plan (the “2015 Plan”). The terms of any Awards shall be as described in the award letter relating to each Award and the terms and conditions of the 2015 Plan, as applicable. In the event of any conflict between the terms and provisions of this Section 5 and the 2015 Plan, as applicable, the 2015 Plan shall govern. (b) For the purposes of this Agreement, “Change in Control” shall have the same meaning as in the 2015 Plan.

Additional Incentive. Effective July 1st, 2007, Employee will receive two option grants, one to purchase three hundred and twenty five thousand (325,000) Membership Units of GigOptix, and a second to purchase One Million (1,000,000) Membership Units of GigOptix in accordance with the Company’s Equity incentive Plan. The exercise price of both grants is $0.10 per unit. Vesting on the options to purchase 325,000 Membership Units will be based on performance objectives as established by the GigOptix Management Board for the 2007 period and Fund raising performance for the 2008 period. This option grant will also include an extension of the 90 days exercise period after termination as defined by the plan to five (5) years in recognition of participation in the 2007 Management Board without compensation. Vesting on the option to purchase 1,000,000 Membership Units will be pro-rated based on monthly continuous service over four (4) years and the exercise period after termination will be the standard 90 days, unless Management Board will approve different period.

Additional Incentive. (a) The Compensation Committee of the Board approved the grant to Executive of an option to purchase 300,000 shares of the Company’s common stock (the “Options”) on April 23, 2009 (the “Grant Date”) pursuant to the Company’s 2005 Equity Incentive Plan (the “Plan”). The per share exercise price applicable to the Options is $1.11 100% of the Fair Market Value (as defined in the Plan) of a share of the Company’s common stock on the grant date. The Options vest as follows: 100,000 Options on the grant date, 100,000 Options on the first (1st) anniversary of the Grant Date, and 100,000 Options on the second (2nd) anniversary of the Grant Date, subject to earlier vesting as provided herein and in the Plan. The Options shall expire on the fifth anniversary of the Commencement Date. Upon the occurrence of a Change in Control (as defined below), the Options shall be deemed fully vested and exercisable. In the event of any conflict between the terms and provisions of this Section 5 and the Plan, the Plan shall govern. (b) For the purposes of this Agreement, “Change in Control” shall have the same meaning as in the Plan.

Additional Incentive. (1) To the extent that the average annual distributable cash flow exceeds 10.7% of Gross Long Term Assets for the 13 quarters ending September 30, 2007, the Executive Group shall receive from APL additional Units in an amount equal to 7.42% of the Base Incentive for each one tenth of one percent (0.1%) or portion thereof in excess of 10.7%, up to a maximum of the Base Incentive, to be issued (subject to compliance with securities laws) promptly following the filing of the Atlas Pipeline Partners, L.P. September 30, 2007 quarterly financial report, but in no event later than December 31, 2007.

Additional Incentive. (a) The Compensation Committee of the Board has granted to Executive an option to purchase 20,000 shares of the Company’s common stock (the “Options”) pursuant to the Company’s 2005 Equity Incentive Plan (the “Plan”). The per share exercise price applicable to the Options will be equal to 100% of the Fair Market Value (as defined in the Plan) of a share of the Company’s common stock on the Commencement Date. The Options vest as follows: 10,000 Options on the first (1st) anniversary of the Commencement Date, and 10,000 Options on the second (2nd) anniversary of the Commencement Date, subject to earlier vesting as provided herein and in the Plan. The Options shall expire on the fifth anniversary of the Commencement Date. Upon the occurrence of a Change in Control (as defined below), the Options shall be deemed fully vested and exercisable. In the event of any conflict between the terms and provisions of this Section 5 and the Plan, the Plan shall govern. (b) For the purposes of this Agreement, “Change in Control” shall have the same meaning as in the Plan.

Additional Incentive. Upon execution of this Agreement, Employee acknowledge that employee received already the option to purchase 819,000 Membership Units at a strike price of $0.10 subject to the terms and conditions more fully set forth in the “GigOptix LLC Membership Unit Option Grant Notice (Equity Incentive Plan)” dated July 1, 2007.

Additional Incentive. As a signing bonus, Employee shall immediately vest in 10% of the Option Grant (i.e. 130,000 shares).

Additional Incentive. As an additional incentive for facilitating the delay in the repayment of the amounts due, TELECONNECT will ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ a payment of (euro)50,000 once the Company has been sold to a third party or at the latest by January 2008. This additional incentive is also guaranteed by Mr. Geeris, as in point "2" should the Company not be able to respect this payment.