Other Stock-Based Awards Clause Example from Business Contracts

This example Other Stock-Based Awards clause appears in 2 contracts from 2 companies

Other Stock-Based Awards. The Board shall have the right to grant other Awards based upon the Common Stock, or based upon any other authorized class or series of capital stock, having such terms and conditions as the Board may determine, including, without limitation, the grant of shares based upon certain conditions, the grant of securities convertible into Common Stock and the grant of stock appreciation rights, phantom stock awards or stock units.