Grouped Into 24 Collections of Similar Clauses From Business Contracts
This page contains Equity Awards clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Equity Awards. You will be eligible to receive awards of stock options, restricted stock units or other equity awards pursuant to any plans or arrangements the Company may have in effect from time to time. The Board or Committee, as applicable, will determine in its sole discretion whether you will be granted any such equity awards and the terms of any such award in accordance with the terms of any applicable plan or arrangement that may be in effect from time to time.
Equity Awards. You will be eligible to receive awards of stock options, restricted stock units options or other equity awards pursuant to any plans or arrangements the Company may have in effect from time to time. The Board or Committee, as applicable, will determine in its sole discretion discretion, will determine whether you will be granted any such equity awards and the terms of any such award equity awards in accordance with the terms of any applicable plan or arrangement that may be in effect from time t...o time. View More
Equity Awards. You will be eligible to receive awards of stock options, restricted stock units or other equity awards pursuant to any plans or arrangements the Company may have in effect from time to time. The Company's Board of Directors, or Committee, as applicable, an authorized committee thereof, will determine in its sole discretion whether you will be granted any such equity awards and the terms of any such award in accordance with the terms of any applicable plan or arrangement that may be in effect fro...m time to time. View More
Equity Awards. You will be eligible to receive awards of stock options, restricted stock units or other equity awards pursuant to any plans or arrangements the Company may have in effect from time to time. The Company's Board of Directors or Committee, as applicable, an authorized committee thereof (the "Committee") will determine in its sole discretion whether you will be granted any such equity awards and the terms of any such award in accordance with the terms of any applicable plan or arrangement that may ...be in effect from time to time. View More
Equity Awards. Subject to the Board's approval, following the initial closing of the Company's next private sale of its preferred securities for capital-raising purposes, the Company will grant you a stock option to purchase a number of shares of the Company's common stock under the Company's 2014 Equity Incentive Plan (the "Plan") equal to approximately 1.0% of the then-current fully diluted common stock of the Company, including shares available for grant under the Plan (the "Equity Award"). The Equity Award... will have an exercise price equal to the fair market value of the Company's common stock on the date of grant. The Equity Award will be an "incentive stock option" to the extent permitted under the Code (as defined below). The Equity Award will be vested as to 1/4th of the total number of shares subject to the Equity Award on the one-year anniversary of the Employment Date, and 1/48th of the total number of shares subject to the Equity Award will vest in monthly installments thereafter on the same day of the month as the Employment Date (and if there is no corresponding day, on the last day of the month), with all shares subject to the Equity Award being fully vested on the four-year anniversary of the Employment Date. Vesting will depend on your continued employment with the Company and will be subject to the terms and conditions of the Plan and the written agreement governing the Equity Award except as explicitly set forth below. In the event that the Company terminates your employment other than for Cause (as defined below), or you terminate your employment with the Company for Good Reason (as defined below), within ninety (90) days prior to the execution of a definitive agreement providing for the consummation of a Change in Control (as defined below) or within one year following the consummation of a Change in Control, then, effective as of such termination, the Equity Award will vest as to 100% of the shares subject to the Equity Award immediately upon such termination.View More
Equity Awards. Subject to the Board's approval, following the initial closing of the Company's next private sale of its preferred securities for capital-raising purposes, the Company will grant you a stock option to purchase a number of 3,039,682 shares of the Company's common stock under the Company's 2014 Equity Incentive Plan (the "Plan") equal to "Plan"), representing approximately 1.0% 4.5% of the then-current fully diluted common stock of the Company, including shares available for grant under the Plan (...the "Initial Grant"), and will grant to you an additional stock option to purchase that number of shares equal to the difference between 3,039,682 shares and the number of shares representing 4.5% of the fully diluted common stock of the Company immediately following the initial closing of the Company's next private sale of its preferred securities for capital raising purposes providing aggregate proceeds to the company of not less than $25 million (the "Series B Grant," and each of the Series B Grant and the Initial Grant, an "Equity Award"). The Equity Award Initial Grant and Series B Grant will have an exercise price equal to the fair market value of the Company's common stock on the date of grant. The Each Equity Award will be an "incentive stock option" to the extent permitted under the Code (as defined below). The Each Equity Award will be vested as to 1/4th of the total number of shares subject to the such Equity Award on the one-year anniversary of the Employment Date, and 1/48th of the total number of shares subject to the such Equity Award will vest in monthly installments thereafter on the same day of the month as the Employment Date (and if there is no corresponding day, on the last day of the month), with all shares subject to the such Equity Award being fully vested on the four-year anniversary of the Employment Date. Vesting will depend on your continued employment with the Company and will be subject to the terms and conditions of the Plan and the written agreement governing the such Equity Award except as explicitly set forth below. 1 In the event that the Company terminates your employment other than for Cause (as defined below), or you terminate your employment with the Company for Good Reason (as defined below), within ninety (90) days prior to the execution of a definitive agreement providing for the consummation of a Change in Control (as defined below) or within one year following the consummation of a Change in Control, then, effective as of such termination, the each Equity Award will vest as to 100% of the shares subject to the such Equity Award immediately upon such termination. View More
Equity Awards. Subject to approval by SailPoint's Board of Directors, you will be granted (i) an award of restricted stock units ("RSUs") with a value of $1,250,000, determined based on the 30 trading day average closing price of SailPoint Common Stock on the date the Board approves the grant of the RSUs. The RSUs represent the right to receive shares of SailPoint Common Stock and will vest and be settled in four annual 25% installments beginning May 20, 2020. (ii) (ii) an option to purchase a number of shares... of SailPoint Common Stock determined by dividing $1,250,000 by 30 trading day average closing price of SailPoint Common Stock on the date the Board approves the award, multiplied by two. Your stock option will have an exercise price equal to the closing price of SailPoint Common Stock on the date the Board approves the award. The stock options will vest 25% on the first anniversary of the date of grant and then 1/48th on each monthly anniversary of the date of grant thereafter. All vesting of RSUs and options is contingent upon your continued employment with SailPoint. The RSUs and options are subject to the terms and conditions of the SailPoint's 2017 Long Term Incentive Plan and the award agreements evidencing such awards.View More
Equity Awards. Subject to approval by SailPoint's Board of Directors, you will be granted (i) an award of restricted stock units ("RSUs") with a value of $1,250,000, $1,625,000, determined based on the 30 trading 30-trading day average closing price of SailPoint Common Stock on the date the Board approves the grant of the RSUs. RSUs, rounded down to the nearest whole number. The RSUs represent the right to receive shares of SailPoint Common Stock and will vest and be settled in four annual 25% installments beg...inning May August 20, 2020. (ii) (ii) an option to purchase a number of shares of SailPoint Common Stock determined by dividing $1,250,000 $1,625,000 by 30 trading the 30-trading day average closing price of SailPoint Common Stock on the date the Board approves the award, multiplied by two. two, rounded down to the nearest whole number. Your stock option will have an exercise price equal to the closing price of SailPoint Common Stock on the date the Board approves the award. The 25% of the stock options will vest 25% and become exercisable on the first anniversary of the date of grant and then 1/48th on each the remaining options will vest and become exercisable in substantially equal monthly anniversary of installments thereafter over the date of grant thereafter. subsequent 36 months. Vested stock options will remain exercisable for the periods, and may be exercised in the manner, set forth in your award agreement. All vesting of RSUs and options is contingent upon your continued employment with SailPoint. The RSUs and options are subject to the terms and conditions of the SailPoint's 2017 Long Term Incentive Plan and the award agreements evidencing such awards. View More
Equity Awards. Executive shall be eligible for the grant of stock options and other equity awards as may be determined by the Board or its Compensation Committee.
Equity Awards. Executive shall be eligible for the grant of any stock options and other equity awards as may be determined by the Board or its Compensation the Committee.
Equity Awards. Executive shall be eligible for the grant of any stock options and other equity awards as may be determined by the Board or its Compensation the Committee.
Equity Awards. (a) Eligibility. Executive shall be eligible for the grant of stock options and other equity awards as may be determined by the Board or its Compensation Committee.
Equity Awards. Subject to the approval of the Board of Directors of Kite (the "Board"), or an authorized committee thereof, you shall be granted a stock option (the "Option") to purchase One Hundred Twenty-Five Thousand (125,000) shares of Kite's common stock (the "Option Shares") pursuant to Kite's 2014 Equity Incentive Plan (the "Plan"). Such grant shall be evidenced by an option agreement (the "Option Agreement") to be entered into by and between you and the Company. In the event of a conflict between this ...Agreement and the Option Agreement, the terms of the Option Agreement shall control. The exercise price per Option Share will be equal to closing price per share of the Company's common stock as reported on the NASDAQ Global Select Market on your Start Date (the "Grant Date"). The Option shall have a 10-year term and shall vest and become exercisable as follows: (i) 25% upon the first anniversary date of your Start Date (the "Initial Vesting Date"); and thereafter (ii) the remaining unvested Options Shares shall vest in 36 equal monthly installments at the close of business on each monthly anniversary of the Initial Vesting Date.View More
Equity Awards. (a) Subject to the approval of the Board of Directors of Kite (the "Board"), or an authorized committee thereof, you shall be granted a stock option (the "Option") to purchase One Hundred Twenty-Five Sixty Thousand (125,000) (160,000) shares of Kite's common stock (the "Option Shares") pursuant to Kite's 2014 Equity Incentive Plan (the "Plan"). Such grant shall be evidenced by an option agreement (the "Option Agreement") to be entered into by and between you and the Company. In the event of a co...nflict between this Agreement and the Option Agreement, the terms of the Option Agreement shall control. The exercise price per Option Share will be equal to closing price per share of the Company's common stock as reported on the NASDAQ Global Select Market on your Start Date (the "Grant Date"). the such Option is granted by the Board, or an authorized committee thereof. The Option shall have a 10-year 10 year term and shall vest and become exercisable as follows: (i) 25% 33% upon the first anniversary date of your Start Date (the "Initial Vesting Date"); and thereafter (ii) the remaining unvested Options Shares shall vest in 36 24 equal monthly installments at as of the close last calendar day of business on each monthly anniversary of month following the Initial Vesting Date. (b) Subject to the approval of the Board, or an authorized committee thereof, you shall be granted a restricted stock unit ("RSU") in the amount of 44,000 shares of Kite's common stock (the "Restricted Stock") pursuant to the Plan. Such grant shall be evidenced by a Restricted Stock Unit Agreement (the "Award Agreement") to be entered into by and between you and the Company. In the event of a conflict between this Agreement and the Award Agreement, the terms of the Award Agreement shall control. Subject to your continuous Services to the Company, the RSU shall vest in three (3) equal annual installments upon each anniversary of your Start Date. (c) In the event that your employment with Kite is terminated without Cause at any time beginning on the date that is 90 days prior to the effective date of a Change of Control (as defined in the Plan) and ending on the date that is 12 months following the Change of Control, then (i) all unvested Restricted Stock and Option Shares shall immediately vest in full, and (ii) the Option will remain exercisable for a period of 90 calendar days following the date of such termination, after which time the Option shall expire; provided, however, that no such Option shall be exercisable after the expiration of its maximum term. View More
Equity Awards. As an inducement material to your entering into this Agreement, subject to approval of the Board, the Company will grant you a number of shares of the Company's common stock ("Founders Shares"), at a purchase price equal to the fair market value on the date of grant, representing three percent (3%) of the Company on a fully diluted basis on the date of grant. The Founders Shares will be subject to a repurchase option in favor of the Company, which will lapse at the rate of 25% of the Founders Sh...ares on each of the one year anniversaries of the date of grant; such that the repurchase option will terminate on the fourth anniversary of the date of grant, subject to your continued employment with the Company. In addition to the Founders Shares, at the closing of the Company's Series A Preferred Stock financing round (the "Series A Financing"), the Company will grant you an option to purchase additional shares of the Company's common stock to enable you to maintain one and one half percent (1.5%) equity interest in the Company on a fully diluted basis (together, the "Option"). The Option will be granted under an Equity Incentive Plan to be adopted by the Company (the "Plan") and will have an exercise price per share equal to the fair market value (as defined in the Plan) of the Company's common stock on the date of grant, and will vest with respect to one-fourth (1/4th) of the shares subject to the Option upon the one (1) year anniversary of the grant date and the remainder of the shares subject to the Option will vest in equal monthly increments over the three year period following such one (1) year anniversary of the grant date, subject to your continuous service with the Company. The Option will automatically accelerate vesting in the event of a "Change in Control" (as such term is defined in the Plan), subject to your continued services with the Company through the date of such Change in Control. You also will be eligible to participate in and receive additional stock option or equity award grants under the Company's equity incentive plans from time to time, in the discretion of the Board, and in accordance with the terms and conditions of the Plan.View More
Equity Awards. As an inducement material to your Executive entering into this Agreement, subject to approval of employment with the Board, Company, the Company will grant you Executive a number of shares of the Company's common stock ("Founders Shares"), at a purchase price equal to the fair market value on the date of grant, representing three five percent (3%) (5%) of the Company on a fully diluted basis on the date of grant. The Founders Shares will be subject to a repurchase option in favor of the Company,... which will lapse at the rate of 25% of the Founders Shares on each of the one year anniversaries of the date of grant; such that the repurchase option will terminate on the fourth anniversary of the date of grant, subject to your continued employment with the Company. In addition to the Founders Shares, at the closing of the Company's Series A Preferred Stock financing round (the "Series A Financing"), round, the Company will grant you Executive an option to purchase additional shares of the Company's common stock (or alternatively will grant restricted shares of the Company's common stock to Executive) to enable you Executive to maintain one and one half his five percent (1.5%) (5%) equity interest in the Company on a fully diluted basis (together, the "Option"). "Options"). The Option Options will be granted under an Equity Incentive Plan to be adopted by the Company (the "Plan") and will have an exercise price (or purchase price in the case of restricted shares) per share equal to the fair market value (as defined in the Plan) of the Company's common stock on the date respective dates of grant, and will vest with respect to one-fourth (1/4th) of the shares subject to the Option Options upon the one (1) year anniversary of the grant date and the remainder of the shares subject to the Option Options will vest in equal monthly increments over the three year period following such one (1) year anniversary of the respective grant date, dates, subject to your Executive's continuous service with the Company. The Option will automatically accelerate vesting in the event of a "Change in Control" (as such term is defined in the Plan), subject to your Executive's continued services with the Company through the date of such Change in Control. You also Executive will be eligible to participate in and receive additional stock option or equity award grants under the Company's equity incentive plans from time to time, time in the discretion of the Board, and in accordance with the terms and conditions of the Plan. View More
Equity Awards. Executive shall be eligible for such stock options and equity awards as may be determined by the Company, Compensation Committee, in its sole discretion.
Equity Awards. Executive shall be eligible for such future grants of stock options and equity awards as may be determined by the Company, in its sole discretion.
Equity Awards. Subject to the approval of the Board, the Company will grant you an option to purchase 437,500 shares of the Company's common stock ("Option") under the Company's 2018 Equity Incentive Plan. The complete terms and conditions of the Option (including how the Option will be treated on a change in control of the Company) are set forth in the Option Agreement provided to you with this letter. If there is any conflict between the general terms described above and the provisions of the Option Agreemen...t, the Option Agreement will govern. In addition, you will be eligible to receive awards of stock options, restricted stock units or other equity awards pursuant to any plans or arrangements the Company may have in effect from time to time. The Board or the Committee, as applicable, will determine in its sole discretion whether you will be granted any such equity awards and the terms of any such award in accordance with the terms of any applicable plan or arrangement that may be in effect from time to time. In addition, in the event of a spin-off of the Company from NETGEAR, you acknowledge and agree that your awards of stock options, restricted stock units, or other equity awards held by you relating to shares of NETGEAR common stock will be treated as set forth in the Employee Matters Agreement by and between the Company and NETGEAR that will be entered into in connection with the IPO.View More
Equity Awards. Subject to the approval of the Board, the Company will grant you an option to purchase 437,500 shares of the Company's common stock ("Option") under the Company's 2018 Equity Incentive Plan. The complete terms and conditions of the Option (including how the Option will be treated on a change in control of the Company) are set forth in the Option Agreement provided to you with this letter. If there is any conflict between the general terms described above and the provisions of the Option Agreemen...t, the Option Agreement will govern. In addition, you You will be eligible to receive awards of stock options, restricted stock units or other equity awards pursuant to any plans or arrangements the Company may have in effect from time to time. The Board or the Committee, as applicable, will determine in its sole discretion whether you will be granted any such equity awards and the terms of any such award in accordance with the terms of any applicable plan or arrangement that may be in effect from time to time. In addition, in the event of a spin-off of the Company from NETGEAR, you acknowledge and agree that your awards of stock options, restricted stock units, or other equity awards held by you relating to shares of NETGEAR common stock will be treated as set forth in the Employee Matters Agreement by and between the Company and NETGEAR that will be entered into in connection with the IPO. View More
Equity Awards. Executive shall be eligible for such grants of awards at the discretion of the Compensation Committee (or the Board, if there is no Compensation Committee) may from time to time determine (the "Share Awards"). Awards shall be subject to the applicable Plan terms and conditions; provided, however, that Awards shall be subject to any additional terms and conditions as are provided herein or in any award certificate(s), which shall supersede any conflicting provisions governing Share Awards provide...d under the Plan. Subject to the approval by the Board or Compensation Committee, Executive would receive a grant of restricted stock units in an amount equal to approximately $75,000, which would be subject to vesting requirements as determined by the Board or Compensation Committee, as applicable.View More
Equity Awards. Executive shall be eligible for such grants of awards at under the discretion AudioEye, Inc. 2016 Incentive Compensation Plan (or any successor or replacement plan adopted by the Board and approved by the stockholders of the Company) (the "Plan") as the Compensation Committee (or the Board, if there is no Compensation Committee) may from time to time determine (the "Share Awards"). Awards shall be subject to the applicable Plan terms and conditions; provided, however, that Awards shall be subjec...t to any additional terms and conditions as are provided herein or in any award certificate(s), which shall supersede any conflicting provisions governing Share Awards provided under the Plan. Subject to the approval by the Board or Compensation Committee, Executive would receive a grant of restricted stock units in an amount equal to approximately $75,000, $35,000, which would be subject to vesting requirements as determined by the Board or Compensation Committee, as applicable. View More
Equity Awards. You previously were granted certain equity awards pursuant to the Company's 2014 Equity Incentive Plan (the "2014 Plan"), your grant notice and award agreement. Your equity awards will continue to be governed by the 2014 Plan and applicable grant documents. In addition, it has been recommended by the Board of Directors of Enjoy Technology Inc. (i.e., the private company) that the Board of Directors of the public company that survives the Business Combination (as defined below) (the "PubCo" and, ...such public company board, the "Board") grant you an award of RSUs under the PubCo Equity Incentive Plan with a dollar value of $3,154,760 (the "PubCo Grant"). The PubCo Grant will vest incrementally over the course of four (4) years and is subject to completion of the Business Combination. It is anticipated that the dollar value of the PubCo Grant will be converted into a number of shares by dividing the dollar amount above by the 30 trading day trailing volume weighted average price of the PubCo's common stock on the Nasdaq stock market as of the date of grant, rounding down to the nearest whole share. The PubCo Grant will receive similar vesting acceleration as provided in Sections 8(d) and 10 below. Notwithstanding the foregoing, the final terms of the PubCo Grant are subject to the discretion of the Board.View More
Equity Awards. You previously were granted certain equity awards pursuant to the Company's 2014 Equity Incentive Plan (the "2014 Plan"), your grant notice and award agreement. Your equity awards will continue to be governed by the 2014 Plan and applicable grant documents. Upon the closing of a Change in Control, as defined in the 2014 Plan, all options and RSUs held by you that were granted under the 2014 Plan shall immediately accelerate and vest in full upon the closing of such Change in Control. In addition..., it has been recommended by the Board of Directors of Enjoy Technology Inc. (i.e., the private company) that the Board of Directors of the public company that survives the Business Combination (as defined below) (the "PubCo" and, such public company board, the "Board") grant you an award of RSUs under the PubCo Equity Incentive Plan with a dollar value of $3,154,760 $4,084,670 (the "PubCo Grant"). The PubCo Grant will vest incrementally over the course of four (4) years and is subject to completion of the Business Combination. It is anticipated that the dollar value of the PubCo Grant will be converted into a number of shares by dividing the dollar amount above by the 30 trading day trailing volume weighted average price of the PubCo's common stock on the Nasdaq stock market as of the date of grant, rounding down to the nearest whole share. The PubCo Grant will receive similar vesting acceleration in connection with a Change in Control as provided described above in Sections 8(d) this paragraph with respect to options and 10 below. RSUs granted under the 2014 Plan. Notwithstanding the foregoing, the final terms of the PubCo Grant are subject to the discretion of the Board. View More
