Bonus Equity Compensation. Employee shall be entitled to receive up two million (2,000,000) additional shares of its restricted common stock based solely on Employee achieving certain performance milestones (provided that such milestones are agreed to in writing by the Parties within ninety (90) days of this Agreement).
Bonus Equity Compensation. The details surrounding any Bonus Equity Compensation will be memorialized by the Board in a Company Bonus Equity Compensation Plan at the discretion of the Board.
Bonus Equity Compensation. Subject to approval by the Board of Directors, you will be granted an award of RSUs equal to $500,000 divided by the 20-day trailing volume-weighted average price prior to the Effective Date of this agreement, and $1,000,000 worth of warrants with a five-year expiration of a quantity and exercise price as calculated by Black-Scholes1 at the Effective Date of this agreement, both of which shall be conditioned on you achieving certain performance milestones as listed in Schedule A-1. The 4-year vesting schedule for these RSUs and warrants is defined below. The details surrounding the Bonus Equity Compensation may be memorialized by the Board in a separate award agreement, subject to the Company 2021 Equity Retention Plan at the discretion of the Board. Continued Employment after Grant Date Percent of Units Vested Less than One Year 0% One Year 25% Two Years (vested quarterly at 6.25% a quarter) 50% Three Years (vested quarterly at 6.25% a quarter) 75% Four Years (vested quarterly at 6.25% a quarter) 100%
Bonus Equity Compensation. You will be granted five hundred thousand (500,000) additional RSUs, pursuant to the terms of the Company’s ABMC Employee Retention Plan, based solely on you achieving certain performance milestones (as listed in Schedule A-2(A)). The 4 year vesting schedule for these RSUs is the same as above in A(2).
Bonus Equity Compensation. Subject to approval by the Board of Directors, you will be granted an award of RSUs equal to $300,000 divided by the 20-day trailing volume-weighted average price prior to the Effective Date of this agreement, and $500,000 worth of warrants with a three-year expiration of a quantity and exercise price as calculated by Black-Scholes1 at the Effective Date of this agreement, both of which shall be conditioned on you achieving certain performance milestones as listed in Schedule A-1. These Bonus Equity Compensation awards will vest 1/12th quarterly beginning on the last day of the quarter following the issuance of this award until fully vested.
Bonus Equity Compensation. Xx. Xxxxxxx shall be considered for bonuses and equity compensation by the Compensation Committee or the Board of Directors pursuant to company policy which Xx. Xxxxxxx understands are decisions made in the sole discretion of the Committee and/or Board of Directors and is, therefore, not a commitment for any such bonus or equity compensation. Xx. Xxxxxxx is an independent contractor and shall not be deemed an employee of DUSA for any purpose. He shall not be entitled to receive from DUSA any medical, pension or profit sharing plan, or other fringe benefits which may be made available to the employees of DUSA from time to time, unless expressly provided for in this Agreement.
Bonus Equity Compensation
