Sentences with phrase «equity award letters»
All options and restricted shares awarded under our equity plans are also subject to a double - trigger accelerated vesting condition under the terms of our equity award letters, which provides for an acceleration of the vesting schedule if the associate is terminated without cause or resigns for good reason (as defined by the applicable equity plan) within the one - year period following a change in control (as defined by the applicable equity plan).
https://www.sec.gov/ Not exact matches
The letters, which were received by a number of former partners this week, demand the repayment of money linked to a multimillion - pound payout awarded to around 40 former Halliwells equity partners.
Such «restrictive covenants,» (a legal phrase for «agreements to restrict one's freedom») can be found in many places, including offer letters, bonus award agreements, commission plans, promotion letters, stock or equity plans, and even, at times, employee handbooks.