Restricted Stock and Stock Options. Each year during the Term, the Board or the Compensation Committee of the Board shall determine whether to award the Executive shares of restricted stock, and/or stock options, and the number, if any, of such shares or options as it determines. The terms and conditions of any such award, if any, shall be set forth in the Award Agreement delivered to the Executive.
Appears in 2 contracts
Sources: Employment Agreement (American Realty Capital Trust, Inc.), Employment Agreement (American Realty Capital Trust, Inc.)