General Rules. A deferred compensation account established under this Section 13 may be credited with interest or other forms of investment return, as determined by the Committee. A Participant for whom such an account is established shall have no rights other than those of a general creditor of the Company. Such an account shall represent an unfunded and unsecured obligation of the Company and shall be subject to the terms and conditions of the applicable agreement between such Participant and the Company. If the deferral or conversion of Awards is permitted or required, the Committee (in its sole discretion) may establish rules, procedures and forms pertaining to such Awards, including (without limitation) the settlement of deferred compensation accounts established under this Section 13.
Appears in 27 contracts
Sources: 2020 Stock Incentive Plan (Nikola Corp), Inducement Award Plan (SITIME Corp), 2020 Stock Incentive Plan (Nikola Corp)
General Rules. A deferred compensation account established under this Section 13 may be credited with interest or other forms of investment return, as determined by the Committee. A Participant for whom such an account is established shall have no rights other than those of a general creditor of the Company. Such an account shall represent an unfunded and unsecured obligation of the Company and shall be subject to the terms and conditions of the applicable agreement between such Participant and the Company. If the deferral or conversion of Awards is permitted or required, the Committee (in its sole discretion) may establish rules, procedures procedures, and forms pertaining to such Awards, including (without limitation) the settlement of deferred compensation accounts established under this Section 13.
Appears in 19 contracts
Sources: 2020 Stock Incentive Plan (Vincerx Pharma, Inc.), 2024 Omnibus Incentive Plan (I-Mab), 2024 Stock Incentive Plan (Silvaco Group, Inc.)
General Rules. A deferred compensation account established under this Section 13 may be credited with interest or other forms of investment return, as determined by the Committee. A Participant for whom such an account is established shall have no rights other than those of a general creditor of the Company. Such an account shall represent an unfunded and unsecured obligation of the Company and shall be subject to the terms and conditions of the applicable agreement between such Participant and the Company. If the deferral or conversion of Awards is permitted or required, the Committee (in its sole discretion) may establish rules, procedures and forms pertaining to such Awards, including (without limitation) the settlement of deferred compensation accounts established under this Section 13.. VIOLIN MEMORY, INC. 2012 STOCK INCENTIVE PLAN
Appears in 4 contracts
Sources: 2012 Stock Incentive Plan (Violin Memory Inc), 2012 Stock Incentive Plan (Violin Memory Inc), 2012 Stock Incentive Plan (Violin Memory Inc)
General Rules. A deferred compensation account established under this Section 13 14 may be credited with interest or other forms of investment return, as determined by the Committee. A Participant for whom such an account is established shall have no rights other than those of a general creditor of the Company. Such an account shall represent an unfunded and unsecured obligation of the Company and shall be subject to the terms and conditions of the applicable agreement between such Participant and the Company. If the deferral or conversion of Awards is permitted or required, the Committee (in its sole discretion) may establish rules, procedures procedures, and forms pertaining to such Awards, including (without limitation) the settlement of deferred compensation accounts established under this Section 1314.
Appears in 3 contracts
Sources: 2021 Stock Incentive Plan (Lucid Group, Inc.), 2021 Stock Incentive Plan (Lucid Group, Inc.), Stock Incentive Plan (Lucid Group, Inc.)
General Rules. A deferred compensation account established under this Section 13 12 may be credited with interest or other forms of investment return, as determined by the Committee. A Participant for whom such an account is established shall have no rights other than those of a general creditor of the Company. Such an account shall represent an unfunded and unsecured obligation of the Company and shall be subject to the terms and conditions of the applicable agreement between such Participant and the Company. If the deferral or conversion of Awards is permitted or required, the Committee (in its sole discretion) may establish rules, procedures and forms pertaining to such Awards, including (without limitation) the settlement of deferred compensation accounts established under this Section 1312.
Appears in 3 contracts
Sources: Stock Incentive Plan (EGAIN Corp), 2020 Stock Incentive Plan (Plus Therapeutics, Inc.), 2005 Stock Incentive Plan (EGAIN Corp)
General Rules. A deferred compensation account established under this Section 13 12 may be credited with interest or other forms of investment return, as determined by the Committee. A Participant for whom such an account is established shall have no rights other than those of a general creditor of the Company. Such an account shall represent an unfunded and unsecured obligation of the Company and shall be subject to the terms and conditions of the applicable agreement between such Participant and the Company. If the deferral or conversion of Awards is permitted or required, the Committee (in its sole discretion) may establish rules, procedures and forms pertaining to such Awards, including (without limitation) the settlement of deferred compensation accounts established under this Section 1312.
Appears in 2 contracts
Sources: 2005 Stock Incentive Plan (EGAIN Corp), Stock Incentive Plan (EGAIN Corp)