Lane is being celebrated "in recognition of his outstanding achievements and contributions to the American theatre." A gala honoring the actor will take place April 13 at the Edison Ballroom in Manhattan.

Lane recently appeared in the Broadway production of Terrence McNally's hit comedy It's Only a Play. He will co-star with Brian Dennehy in the Goodman Theatre production of The Iceman Cometh, which arrives at the Brooklyn Academy of Music Feb. 5.

His numerous stage credits include The Nance, The Addams Family, The Lisbon Traviata, Guys and Dolls, Waiting for Godot, November, Butley, The Odd Couple, The Man Who Came to Dinner, Love! Valour! Compassion!, Laughter on the 23rd Floor, On Borrowed Time, Present Laughter and The Frogs. He is a two-time Emmy Award winner and currently appears on "The Good Wife."

"Nathan is a theater artist in the truest sense, and a champion of the work of Eugene O'Neill. I look forward to his portrayal of Hickey in The Iceman Cometh, an iconic role in the canon, this spring in New York, and I am honored to celebrate his tremendous body of work and contributions to the American theater with the O’Neill’s Monte Cristo Award," O'Neill executive director Preston Whiteway said in a statement.

The Monte Cristo Award is presented to a prominent theatre artist each year in recognition of a distinguished career exemplifying O'Neill's "pioneering spirit, unceasing artistic commitment, and excellence." Past recipients include Meryl Streep, Christopher Plummer, Michael Douglas, James Earl Jones, Harold Prince, Kevin Spacey, Neil Simon, Jason Robards, Jr., Edward Albee, August Wilson, Zoe Caldwell, Brian Dennehy, Karl Malden, Arthur & Barbara Gelb, and Wendy Wasserstein.

Tickets to the gala are on sale at theoneill.org.