Outside Director Limitations Clause Example with 10 Variations from Business Contracts

This page contains Outside Director Limitations 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.
Outside Director Limitations. No Outside Director may be paid, issued or granted, in any Fiscal Year, cash compensation and equity awards (including any Awards issued under this Plan) with an aggregate value greater than $500,000 (increased to $1,000,000 in connection with his or her initial service as an Outside Director), with the value of each equity award based on its grant date fair value (determined in accordance with U.S. generally accepted accounting principles). Any cash compensation paid or Awards granted to an ind...ividual for his or her services as an Employee, or for his or her services as a Consultant (other than as an Outside Director), will not count for purposes of the limitation under this Section 11. View More
Found in Kodiak Sciences Inc. contract

Variations of a "Outside Director Limitations" Clause from Business Contracts

Outside Director Limitations. No Outside Director may be paid, issued issued, or granted, in any Fiscal Year, cash compensation and equity awards (including any Awards issued under this Plan) with an aggregate value greater than $500,000 (increased to $1,000,000 in connection with his or her initial service as an Outside Director), with the (the value of each equity award which will be based on its their grant date fair value (determined determined in accordance with U.S. generally accepted accounting principles). principles...) and any other compensation (including without limitation any cash retainers or fees) that, in the aggregate, exceed $750,000 (with the limit increased to $1,000,000 for the initial year of service). Any cash Awards or other compensation paid or Awards granted provided to an individual for his or her services as an Employee, or for his or her services as a Consultant (other than as an Outside Director), will not count for purposes of the limitation under this Section 11. View More
Found in ForgeRock, Inc. contract
Outside Director Limitations. No Outside Director may be paid, issued or granted, in any Fiscal Year, cash compensation and equity awards (including any Awards issued under this Plan) with an aggregate value greater than $500,000 (increased to $1,000,000 in connection with his or her initial service as an Outside Director), with $700,000 (with the value of each equity award based on its grant date fair value (determined in accordance with U.S. generally accepted accounting principles). principles)); provided, however, that f...or a new Outside Director, such aggregate value may exceed $700,000 but shall be no greater than $1,400,000 in the first Fiscal Year that such Outside Director joins the Board. Any cash compensation paid or Awards granted to an individual for his or her services as an Employee, or for his or her services as a Consultant (other than as an Outside Director), will not count for purposes of the limitation under this Section 11. 12. View More
Found in CrowdStrike Holdings, Inc. contract
Outside Director Limitations. No Outside Director may be paid, issued issued, or granted, in any Fiscal Year, cash compensation and equity awards (including any Awards issued under this Plan) with an aggregate value greater than $500,000 (increased to $1,000,000 in connection with his or her initial service as an Outside Director), with the (the value of each equity award which will be based on its their grant date fair value (determined determined in accordance with U.S. generally accepted accounting principles). principles...) and any other compensation (including without limitation any cash retainers or fees) that, in the aggregate, exceed $750,000 (increased to $1,000,000 in his or her initial year of service as an Outside Director). Any cash Awards or other compensation paid or Awards granted provided to an individual for his or her services as an Employee, or for his or her services as a Consultant (other than as an Outside Director), will not count for purposes of the limitation under this Section 11. View More
Found in Couchbase, Inc. contract
Outside Director Limitations. No Outside Director may be paid, issued issued, or granted, in any Fiscal Year, cash compensation and equity awards (including any Awards issued under this Plan) with an aggregate a value greater than $500,000 (increased (the value of which will be based on their grant date fair value determined in accordance with U.S. generally accepted accounting principles) that, in the aggregate, exceed $750,000, increased to $1,000,000 in connection with his or her initial service as an Outside Director), w...ith the value of each equity award based on its grant date fair value (determined in accordance with U.S. generally accepted accounting principles). service. Any cash Awards or other compensation paid or Awards granted provided to an individual for his or her services as an Employee, or for his or her services as a Consultant (other than as an Outside Director), will not count for purposes of the limitation under this Section 11. View More
Found in Aerpio Pharmaceuticals, Inc. contract
Outside Director Limitations. No Outside Director may be paid, issued issued, or granted, in any Fiscal Year, cash compensation and equity awards (including any Awards issued under this Plan) with an aggregate value greater than $500,000 (increased (the value of which will be based on their grant date fair value determined in accordance with U.S. generally accepted accounting principles) that, in the aggregate, exceed $750,000, increased to $1,000,000 in connection with his or her initial service as an Outside Director), wit...h the value of each equity award based on its grant date fair value (determined in accordance with U.S. generally accepted accounting principles). service. Any cash Awards or other compensation paid or Awards granted provided to an individual for his or her services as an Employee, or for his or her services as a Consultant (other than as an Outside Director), will not count for purposes of the limitation under this Section 11. View More
Found in 3 Contracts from 2 Companies
Outside Director Limitations. No Outside Director may be paid, issued or granted, in any Fiscal Year, cash compensation and equity awards (including any Awards issued under this Plan) with an aggregate value greater than $500,000 (increased to $1,000,000 in connection with his or her initial service as an Outside Director), with $1,200,000 (with the value of each equity award based on its grant date fair value (determined in accordance with U.S. generally accepted accounting principles). -14- principles)). Any cash compensat...ion paid or Awards granted to an individual for his or her services as an Employee, or for his or her services as a Consultant (other than as an Outside Director), will not count for purposes of the limitation under this Section 11. View More
Found in 2 Contracts from DROPBOX, INC.
Outside Director Limitations. No Outside Director may be paid, issued or granted, in any Fiscal Year, cash compensation and equity awards (including any Awards issued under this Plan) with an aggregate value greater than $500,000 (increased to $1,000,000 in connection with his or her initial service as an Outside Director), with (with the value of each equity award based on its grant date fair value (determined in accordance with U.S. generally accepted accounting principles). -14- principles)). Any cash compensation paid or... Awards granted to an individual for his or her services as an Employee, or for his or her services as a Consultant (other than as an Outside Director), will not count for purposes of the limitation under this Section 11. View More
Found in 3 Contracts from 2 Companies
Outside Director Limitations. No Outside Director may be paid, issued or granted, in any Fiscal Year, cash compensation and equity awards (including any Awards issued under this Plan) with an aggregate value greater than $500,000 (increased to $1,000,000 in connection with his or her initial service as an Outside Director), with $1,200,000 (with the value of each equity award based on its grant date fair value (determined in accordance with U.S. generally accepted accounting principles). principles)). Any cash compensation p...aid or Awards granted to an individual for his or her services as an Employee, or for his or her services as a Consultant (other than as an Outside Director), will not count for purposes of the limitation under this Section 11. View More
Found in 2 Contracts from DROPBOX, INC.
Outside Director Limitations. No Outside Director may be paid, issued or granted, in any Fiscal Year, cash compensation and equity awards (including any Awards issued under this Plan) with an aggregate value greater than $500,000 $600,000 (increased to $1,000,000 $750,000 in connection with the Fiscal Year of his or her initial service as an Outside Director), with Director) (with the value of each equity award based on its grant date fair value (determined in accordance with U.S. generally accepted accounting principles). p...rinciples)). Any cash compensation paid or Awards granted to an individual for his or her services as an Employee, or for his or her services as a Consultant (other than as an Outside Director), will not count for purposes of the limitation under this Section 11. View More
Found in Peloton Therapeutics, Inc. contract
Outside Director Limitations. No Outside Director may be paid, issued or granted, in any Fiscal Year, cash compensation and equity awards (including any Awards issued under this Plan) with an aggregate value greater than $500,000 (increased to $1,000,000 in connection with his or her initial service as an Outside Director), with (with the value of each equity award based on its grant date fair value (determined in accordance with U.S. generally accepted accounting principles). principles)). Any cash compensation paid or Awar...ds granted to an individual for his or her services as an Employee, or for his or her services as a Consultant (other than as an Outside Director), will not count for purposes of the limitation under this Section 11. View More
Found in Lyft, Inc. contract