Common use of Inducement Grant Clause in Contracts

Inducement Grant. The RSUs were granted to the Participant pursuant to the inducement grant exception under Nasdaq Stock Market Rule 5635(c)(4), and not pursuant to the Company’s 2019 Equity Incentive Plan (the “Plan”) or any equity incentive plan of the Company, as an inducement that is material to the Participant’s employment with the Company.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (MEI Pharma, Inc.), Restricted Stock Unit Agreement (Infinity Pharmaceuticals, Inc.)

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Inducement Grant. The RSUs were granted to the Participant pursuant to the inducement grant exception under Nasdaq Stock Market Rule 5635(c)(4), and not pursuant to the Company’s 2019 Equity 2013 Stock Incentive Plan (the “Plan”) or any equity incentive plan of the Company, as an inducement that is material to the Participant’s employment with the Company.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Agios Pharmaceuticals, Inc.), Restricted Stock Unit Agreement (Agios Pharmaceuticals, Inc.)

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