EX-10.18
from 10-K
33 pages
1 JELD-WEN Holding, Inc. 2017 Omnibus Equity Plan 1. Purpose. the Purpose of the Plan Is to Assist the Company With Attracting, Retaining, Incentivizing and Motivating Officers and Employees Of, Consultants To, and Non-Employee Directors Providing Services To, the Company and Its Subsidiaries and Affiliates and to Promote the Success of the Company's Business by Providing Participating Individuals With a Proprietary Interest in the Performance of the Company. the Company Believes That This Incentive Program Will Cause Participating Officers, Employees, Consultants and Non-Employee Directors to Increase Their Interest in the Welfare of the Company, Its Subsidiaries and Affiliates and to Align Their Interests With Those of the Stockholders of the Company, Its Subsidiaries and Affiliates. 2. Definitions, for Purposes of the Plan: 2.1. “Adjustment Event” Shall Have the Meaning Ascribed to Such Term in Section 12.1. 2.2. “Affiliate” Shall Mean Any Entity That the Company, Either Directly or Indirectly Through One or More Intermediaries, Is in Common Control With, Is Controlled by or Controls, Each Within the Meaning of the Securities Act. 2.3. “Award” Means, Individually or Collectively, a Grant of an Option, Restricted Stock, a Restricted Stock Unit, a Stock Appreciation Right, a Performance Award, a Dividend Equivalent Right, a Share Award or Any or All of Them. 2.4. “Award Agreement” Means a Written or Electronic Agreement Between the Company and a Participant Evidencing the Grant of an Award and Setting Forth the Terms and Conditions Thereof. 2.5. “Board” Means the Board of Directors of the Company. 2.6. “Change in Control” Means the Occurrence of Any of the Following: (A) an Acquisition (Other Than Directly From the Company) of Any Voting Securities of the Company (The “Voting Securities”) by Any Person, Immediately After Which Such Person First Acquires “Beneficial Ownership” (Within the Meaning of Rule 13d-3
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