Equity Incentive Contract Clauses (57)

Grouped Into 3 Collections of Similar Clauses From Business Contracts

This page contains Equity Incentive clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Equity Incentive. You will be eligible to receive additional discretionary annual equity incentive grants in amounts commensurate with your position ("Annual Equity Grants"). The Annual Equity Grants will be based upon meeting Company and individual performance metrics to be mutually agreed upon in writing annually. The Annual Equity Grants (i) will be subject to a 4-year vesting period, with 25% vesting at year one (1) and quarterly vesting thereafter for twelve (12) quarters, as well as any other terms and cond...itions contained in the grant agreements; and (ii) will expire and cease to be exercisable on the ten (10) year anniversary of the grant date. All shares received under the Annual Equity Grants shall immediately become fully vested and exercisable immediately prior to (and contingent upon) a Change In Control as defined in the 2017 Equity Incentive Plan. In addition, any unvested outstanding equity awards, including awards that would otherwise vest only upon satisfaction of performance criteria, shall accelerate and become vested and exercisable immediately prior to (and contingent upon) a Change In Control as defined in the operative Equity Incentive Plan. View More
Equity Incentive. This Initial Equity Award will be granted on the first Tuesday of the month (or the following business day if Tuesday is a holiday) following the commencement of your employment and (i) will be subject to a 4-year vesting period, with 25% vesting at year one (1) and quarterly vesting thereafter for twelve (12) successive quarters, as well as any other terms and conditions contained in the grant agreements; and (ii) all stock options will expire and cease to be exercisable on the ten (10) year an...niversary of the grant date. Per your Initial Equity Award Grant Notices, all shares received under this Initial Equity Award shall immediately become fully vested and exercisable immediately prior to (and contingent upon) a Change In Control as defined in the 2017 Equity Incentive Plan, Amended and Restated, with the exception of the Sumitomo Dainippon transaction, provided that the transaction closes on or before March 23, 2020, which shall not be considered such a Change in Control for purposes of the Initial Equity Award. You will be eligible to receive additional discretionary annual equity incentive grants in amounts commensurate with your position ("Annual Equity Grants"). The Annual Equity Grants will be based upon meeting Company and individual performance metrics to be mutually agreed upon in writing annually. The Annual Equity Grants (i) will be subject to a 4-year vesting period, with 25% vesting at year one (1) and quarterly vesting thereafter for twelve (12) quarters, successive quarters , as well as any other terms and conditions contained in the grant agreements; and (ii) all stock options will expire and cease to be exercisable on the ten (10) year anniversary of the grant date. All shares received under the Annual Equity Grants shall immediately become fully vested and exercisable immediately prior to (and contingent upon) a Change In Control as defined in the 2017 operative Equity Incentive Plan. In addition, any unvested outstanding equity awards, including awards that would otherwise vest only upon satisfaction of performance criteria, shall accelerate and become vested and exercisable immediately prior to (and contingent upon) a Change In Control as defined in the operative Equity Incentive Plan. Control. View More
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Equity Incentive. Executive may receive additional equity awards, at times and on terms determined by the Committee in its discretion.
Equity Incentive. Executive may receive additional equity awards, at times and on terms determined by the Committee in its discretion.
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Equity Incentive. We will recommend to the compensation committee of the board of directors (the "Compensation Committee") of the Company that you be awarded options to purchase an additional 20,000 shares of Company common stock. The terms of the options will be as set forth in a separate award agreement (the "Award Agreement"), including, but not limited to, that (i) the exercise price of the options will be fair market value on the date of award and (ii) the options will vest 20% on the first anniversary of th...e grant date of such options and 5.00% per quarter thereafter Mr. Brent Pearson May 9, 2019 Page 2 such that the options are fully vested on the fifth anniversary of the grant date for such options. If there is a conflict or ambiguity between the Award Agreement and this Offer Letter, the Award Agreement will control. If you are appointed as the Company's Chief Financial Officer (i.e., not interim), we will recommend to the Compensation Committee that you be awarded options to purchase an additional 20,000 shares of Company common stock. The terms of the options will be as set forth in a separate award agreement substantially similar to the Award Agreement. You will be eligible for periodic refresh option grants in the discretion of the Compensation Committee, and there is no assurance that any such award will be made or that you will be appointed the Company's Chief Financial Officer. View More
Equity Incentive. We Subsequent to the Company's annual shareholder meeting on October 16, we will recommend to the compensation committee of the board of directors (the "Compensation Committee") of the Company that you be awarded options to purchase an additional 20,000 40,000 shares of Company common stock. The terms of the options will be as set forth in a separate award agreement (the "Award Agreement"), including, but not limited to, that (i) the exercise price of the options will be fair market value on the... date of award and (ii) the options will vest 20% on the first anniversary of the grant your start date of such options and 5.00% per quarter thereafter Mr. Brent Pearson May 9, 2019 Page 2 such that the options are fully vested on the fifth anniversary of the grant date for such options. your start date. If there is a conflict or ambiguity between the Award Agreement and this Offer Letter, the Award Agreement will control. If you are appointed as the Company's Chief Financial Officer (i.e., not interim), we will recommend to the Compensation Committee that you be awarded options to purchase an additional 20,000 shares of Company common stock. The terms of the options will be as set forth in a separate award agreement substantially similar to the Award Agreement. You will be eligible for periodic refresh option grants in the discretion of the Compensation Committee, and there is no assurance that any such award will be made or that you will be appointed the Company's Chief Financial Officer. made. View More
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