Common use of Grant of Appreciation Units Clause in Contracts

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.

Appears in 2 contracts

Sources: Performance Based Appreciation Unit Award Agreement (Sungard Capital Corp Ii), Appreciation Unit Award Agreement (Sungard Capital Corp Ii)