Equity Clause Example with 5 Variations from Business Contracts
This page contains Equity clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Equity. 5.1Options. The Company will recommend to its Compensation Committee of the Board that Employee be granted an option to purchase [##] shares of the Company's Common Stock ("Option"). Grant of the Option is subject to the approval of the Compensation Committee. If granted, the Option shall vest over four years of Employee's continuous service with the Company, with twenty-five percent (25%) of the shares subject to the Option grant becoming vested on the first year anniversary of the Start Date, ...and the remaining shares becoming vested in equal monthly installments over the following thirty-six (36) months of Employee's continuous service. The exercise price of the Option, as well as all other matters related to the Option, will be governed by and subject to the terms and conditions set forth in the Company's 2014 Equity Incentive Plan or 2018 Inducement Plan, and the stock option agreement Employee will be required to electronically accept. 5.2Restricted Stock Units. The Company will recommend to its Compensation Committee of the Board that Employee be granted [##] restricted stock units ("RSUs"). Grant of the RSUs is subject to the approval of the Compensation Committee. If granted, the RSUs shall vest over four years of Employee's continuous service with the Company, with twenty-five percent (25%) of the RSUs becoming vested on the first year anniversary of the Start Date, and the remaining RSUs becoming vested in equal annual installments over the following three anniversaries of the Start Date of Employee's continuous service. The RSUs will be governed by and subject to the terms and conditions set forth in the Company's 2014 Equity Incentive Plan or 2018 Inducement Plan and the applicable grant documents.View More
Variations of a "Equity" Clause from Business Contracts
Equity. 5.1Options. 5.1 Options. The Company will recommend to its the Compensation Committee of the Board that Employee you be granted an option to purchase [##] shares 465,290 Ordinary Shares of the Company's Common Stock ("Option"). Cayman Parent (the "Option"). Grant of the Option is subject to the approval of the Compensation Committee. Parent Board. If granted, the Option shall vest over four years of Employee's your continuous service with the Company, with twenty-five percent (25%) of the shares... subject to the Option grant becoming vested on the first year anniversary of the Start Date, and the remaining shares becoming vested in equal monthly installments over the following thirty-six (36) months of Employee's your continuous service. The exercise price of the Option, as well as all other matters related to the Option, will be governed by and subject to the terms and conditions set forth in the Company's 2014 Cayman Parent's 2019 Equity Incentive Plan or 2018 Inducement Plan, (the "Equity Plan"), and the stock option agreement Employee you will be required to electronically accept. 5.2Restricted Stock Units. The Company will recommend to its Compensation Committee of the Board that Employee be granted [##] restricted stock units ("RSUs"). Grant of the RSUs is subject to the approval of the Compensation Committee. If granted, the RSUs shall vest over four years of Employee's continuous service with the Company, with twenty-five percent (25%) of the RSUs becoming vested on the first year anniversary of the Start Date, and the remaining RSUs becoming vested in equal annual installments over the following three anniversaries of the Start Date of Employee's continuous service. The RSUs will be governed by and subject to the terms and conditions set forth in the Company's 2014 Equity Incentive Plan or 2018 Inducement Plan and the applicable grant documents.View More
Equity. 5.1Options. 5.1 Options. The Company will recommend to its the Compensation Committee of the Board that Employee be granted an option to purchase [##] shares 100,000 Ordinary Shares of the Company's Common Stock ("Option"). Cayman Parent (the "Option"). Grant of the Option is subject to the approval of the Compensation Committee. Parent Board. If granted, the Option shall vest over four years of Employee's continuous service with the Company, with twenty-five percent (25%) of the shares subject ...to the Option grant becoming vested on the first year anniversary of the Start Date, and the remaining shares becoming vested in equal monthly installments over the following thirty-six (36) months of Employee's continuous service. The exercise price of the Option, as well as all other matters related to the Option, will be governed by and subject to the terms and conditions set forth in the Company's 2014 Cayman Parent's 2019 Equity Incentive Plan or 2018 Inducement Plan, (the "Equity Plan"), and the stock option agreement Employee will be required to electronically accept. 5.2Restricted Stock Units. The Company will recommend to its Compensation Committee of the Board that Employee be granted [##] restricted stock units ("RSUs"). Grant of the RSUs is subject to the approval of the Compensation Committee. If granted, the RSUs shall vest over four years of Employee's continuous service with the Company, with twenty-five percent (25%) of the RSUs becoming vested on the first year anniversary of the Start Date, and the remaining RSUs becoming vested in equal annual installments over the following three anniversaries of the Start Date of Employee's continuous service. The RSUs will be governed by and subject to the terms and conditions set forth in the Company's 2014 Equity Incentive Plan or 2018 Inducement Plan and the applicable grant documents.View More
Equity. 5.1Options. 5.1 Options. The Company will recommend to its Compensation Committee of the Board that Employee be granted an option to purchase [##] shares 100,000 Ordinary Shares of the Company's Common Stock ("Option"). Cayman Parent (the "Option"). Grant of the Option is subject to the approval of the Compensation Committee. Parent Board. If granted, the Option shall vest over four years of Employee's continuous service with the Company, with twenty-five percent (25%) of the shares subject to t...he Option grant becoming vested on the first year anniversary of the Start Date, and the remaining shares becoming vested in equal monthly installments over the following thirty-six (36) months of Employee's continuous service. The exercise price of the Option, as well as all other matters related to the Option, will be governed by and subject to the terms and conditions set forth in the Company's 2014 Cayman Parent's 2019 Equity Incentive Plan or 2018 Inducement Plan, (the "Equity Plan"), and the stock option agreement Employee will be required to electronically accept. 5.2Restricted Stock Units. The Company will recommend to its Compensation Committee of the Board that Employee be granted [##] restricted stock units ("RSUs"). Grant of the RSUs is subject to the approval of the Compensation Committee. If granted, the RSUs shall vest over four years of Employee's continuous service with the Company, with twenty-five percent (25%) of the RSUs becoming vested on the first year anniversary of the Start Date, and the remaining RSUs becoming vested in equal annual installments over the following three anniversaries of the Start Date of Employee's continuous service. The RSUs will be governed by and subject to the terms and conditions set forth in the Company's 2014 Equity Incentive Plan or 2018 Inducement Plan and the applicable grant documents.View More
Equity. 5.1Options. [5.1Options. The Company will recommend to its Compensation Committee of the Board that Employee Executive be granted an option to purchase [##] shares of the Company's Common Stock ("Option"). Grant of the Option is subject to the approval of the Compensation Committee. If [If granted, the Option shall vest over four years of Employee's continuous service with to the Company, with twenty-five percent (25%) of the shares subject to the Option grant becoming vested on the first year a...nniversary of the Start Date, and the remaining shares becoming vested in equal monthly installments over the following thirty-six (36) months of Employee's continuous service. service.] The exercise price of the Option, as well as all other matters related to the Option, will be governed by and subject to the terms and conditions set forth in the Company's 2014 [2014 Equity Incentive Plan or 2018 Plan/2018 Inducement Plan, Plan], and the stock option agreement Employee Executive will be required to electronically accept. 5.2Restricted execute.] [5.2Restricted Stock Units. The Company will recommend to its Compensation Committee of the Board that Employee Executive be granted [##] restricted stock units ("RSUs"). Grant of the RSUs is subject to the approval of the Compensation Committee. If [If granted, the RSUs shall vest over four years of Employee's continuous service with to the Company, with twenty-five percent (25%) of the RSUs becoming vested on the first year anniversary of the Start Date, and the remaining RSUs becoming vested in equal annual installments over the following three anniversaries of the Start Date of Employee's continuous service. service.] The RSUs will be governed by and subject to the terms and conditions set forth in the Company's 2014 [2014 Equity Incentive Plan or 2018 Plan/2018 Inducement Plan Plan] and the applicable grant documents. documents.] 1 Certain executive officers may receive retention, sign-on, relocation or other similar cash bonuses. View More
Equity. 5.1Options. 5.1 Hire-On RSUs. The Company will recommend to its Compensation Committee that Employee be granted a number of restricted stock units equal to $640,000 divided by the closing stock price of the Board Company's Common Stock on May 24, 2019 (the "Hire-On RSUs"). Grant of the Hire-On RSUs is subject to the approval of the Compensation Committee. If granted, the Hire-On RSUs shall vest in full on the seven (7) month anniversary of the Start Date, subject to Employee's continuous service... through such date. The Hire-On RSUs will be governed by and subject to the terms and conditions set forth in the Company's 2014 Equity Incentive Plan or 2018 Inducement Plan and the applicable grant documents. 5.2 Options. The Company will recommend to its Compensation Committee that Employee be granted an option to purchase [##] 225,000 shares of the Company's Common Stock ("Option"). (the "Option"). Grant of the Option is subject to the approval of the Compensation Committee. If granted, the Option shall vest over four years of Employee's continuous service with the Company, with twenty-five percent (25%) of the shares subject to the Option grant becoming vested on the first year anniversary of the Start Date, and the remaining shares becoming vested in equal monthly installments over the following thirty-six (36) months of Employee's continuous service. The exercise price of the Option, as well as all other matters related to the Option, will be governed by and subject to the terms and conditions set forth in the Company's 2014 Equity Incentive Plan or 2018 Inducement Plan, and the stock option agreement Employee will be required to electronically accept. 5.2Restricted 5.3 Restricted Stock Units. The Company will recommend to its Compensation Committee of the Board that Employee be granted [##] restricted stock units ("RSUs"). Grant of the RSUs is subject to the approval of the Compensation Committee. If granted, the RSUs shall vest over four years of Employee's continuous service with to the Company, with twenty-five percent (25%) of the RSUs becoming vested on the first year anniversary of the Start Date, and the remaining RSUs becoming vested in equal annual installments over the following three anniversaries of the Start Date of continuous service; provided, however, that upon Employee's continuous service. Separation from Service (as defined below, and including for this purpose death or Disability), the vesting of the RSUs will be accelerated on Employee's Separation from Service date as if such RSUs were instead on a pro rata monthly vesting schedule from their grant date through the Separation from Service date. The RSUs will be governed by and subject to the terms and conditions set forth in the Company's 2014 Equity Incentive Plan or 2018 Inducement Plan and the applicable grant documents. View More
