Grant of Appreciation Units Clause Samples

The Grant of Appreciation Units clause establishes the terms under which an individual or entity is awarded units that represent a right to share in the appreciation of a company’s value over time. Typically, these units do not confer actual ownership or voting rights, but entitle the holder to a cash payment or equivalent value based on the increase in the company’s worth from a specified starting point. This clause is commonly used to incentivize employees or service providers by aligning their interests with the company’s growth, while avoiding the complexities of issuing actual equity.
Grant of Appreciation Units. The Company hereby grants to you an Award of ________ Appreciation Units (the “Award”), subject to the terms and conditions of the Plan and this Agreement. Each Appreciation Unit, to the extent such Appreciation Unit is not forfeited, as provided under this Agreement and the Plan, shall confer upon you the right to receive payment of a portion of each Appreciation Pool and/or the Change in Control Appreciation Pool, in accordance with the Plan.
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Grant of Appreciation Units. The Company and Lowerco (as applicable) grant to the Grantee, as of the above Date of Grant, an Award equal to the number of Appreciation Units set forth above, on the terms provided herein and in the Management Incentive Plan. The Appreciation Units evidenced by this Agreement are granted to the Grantee in an Employment capacity as an employee of the Employer.
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Related to Grant of Appreciation Units

  • Grant of Stock Units Pursuant to the terms and conditions set forth in this Stock Award Agreement (including Section 1 above) and the Plan, the Administrator hereby grants to the Awardee named in Section 1, on the Grant Date set forth in Section 1, the number of Stock Units set forth in Section 1.

  • Grant of Stock Options This non-qualified Stock Option is granted under and pursuant to the Plan and is subject to each and all of the provisions thereof.

  • Grant of Options Pursuant to, and subject to, the terms and conditions set forth herein and in the Plan, the Company hereby grants to the Participant a NON-QUALIFIED STOCK OPTION (the “Option”) with respect to ___________ shares of Common Stock of the Company.

  • Grant of SARs Subject to the terms and conditions of the Plan, SARs may be granted to Employees and Consultants at any time and from time to time as shall be determined by the Committee, in its sole discretion. The Committee shall have complete discretion to determine the number of SARs granted to any Participant, provided that during any Fiscal Year, no Participant shall be granted SARs covering more than 500,000 Shares.

  • Grant of Shares The Grant Date and number of Shares underlying your Restricted Stock Award are stated on page 1 of this Award Agreement. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the 2008 Plan.