Equity-Based Compensation. The Executive shall be entitled to participate in all equity-based compensation plans offered by the Company and as determined by the Board of Directors. (a) the Executive understands that as of the date of this Agreement, the only stock-based plan offered by the Company is the 2014 Long-Term Incentive Plan. (b) Upon a Change of Control, all equity-based compensation will be deemed to have vested as of the Change of Control Effective Date (as defined by Article 7 herein).
Appears in 3 contracts
Sources: Employment Agreement (Electronic Cigarettes International Group, Ltd.), Employment Agreement (Electronic Cigarettes International Group, Ltd.), Employment Agreement (Electronic Cigarettes International Group, Ltd.)
Equity-Based Compensation. The Executive shall be entitled to participate in all equity-based compensation plans offered by the Company and as determined by the Board of Directors.
(a) the Executive understands that as of the date of this Agreement, the only stock-based plan offered by the Company is the 2014 Long-Term Incentive Plan.
(b) Upon a Change of Control, all equity-based compensation will be deemed to have vested as of the Change of Control Effective Date (as defined by Article 7 herein)...
Appears in 3 contracts
Sources: Employment Agreement (NXT-Id, Inc.), Employment Agreement (NXT-Id, Inc.), Employment Agreement (NXT-Id, Inc.)
Equity-Based Compensation. The Executive shall be entitled to participate in all equity-based compensation plans offered by the Company to the same extent as provided to other senior executives of the Company and as determined by the Board of Directors.
(a) the The Executive understands that as of the date of this Agreement, the only stock-based plan offered by the Company is the 2014 2005 Long-Term Incentive Plan.
(b) Upon a Change of Control, all equity-based compensation will be deemed to have vested as of the Change of Control Effective Date (as defined by Article 7 Section 7.1 herein).
Appears in 2 contracts
Sources: Employment Agreement (Teton Energy Corp), Employment Agreement (Teton Energy Corp)
Equity-Based Compensation. The Executive shall be entitled to participate in all equity-based compensation plans offered by the Company to the same extent as provided to other executives of the Company and as determined by the Board of Directors.
(a) the The Executive understands that as of the date of this Agreement, the only stock-based plan offered by the Company is the 2014 2005 Long-Term Incentive Plan.
(b) Upon a Change of Control, all equity-based compensation will be deemed to have vested as of the Change of Control Effective Date (as defined by Article 7 Section 7.1 herein).
Appears in 2 contracts
Sources: Employment Agreement (Teton Energy Corp), Employment Agreement (Teton Energy Corp)
Equity-Based Compensation. The Executive shall be entitled to participate in all equity-based compensation plans offered by the Company and as determined by the Board of Directors.
(a) the Executive understands that as of the date of this Agreement, the only stock-based plan offered by the Company is the 2014 Long-Term Incentive Plan.
(b) . Upon a Change of Control, all equity-based compensation will be deemed to have vested as of the Change of Control Effective Date (as defined by Article 7 herein).
Appears in 2 contracts
Sources: Employment Agreement (Nac Global Technologies, Inc.), Employment Agreement (Nac Global Technologies, Inc.)
Equity-Based Compensation. The Executive shall be entitled to participate in all equity-based compensation plans offered by the Company and as determined by the Board of Directors.
(a) the The Executive understands that as of the date of this Agreement, the only stock-based plan offered by the Company is the 2014 2005 Long-Term Incentive Plan.
(b) Upon a Change of Control, all equity-based compensation will be deemed to have vested as of the Change of Control Effective Date (as defined by Article 7 Section 7.1 herein).
Appears in 1 contract
Equity-Based Compensation. The Executive shall be entitled to participate in all equity-based compensation plans offered by the Company and as determined by the Board of Directors.
(a) the The Executive understands that as of the date of this Agreement, the only stock-based plan offered by the Company is the 2014 2005 Long-Term Incentive Plan.
(b) Upon a Change of Control, all equity-based compensation will be deemed to have vested treated in the same manner as of if Executive’s employment was terminated by the Change of Control Effective Date (as defined by Article 7 herein)Company Without Cause.
Appears in 1 contract