Common use of Initial Annual Award Clause in Contracts

Initial Annual Award. For the Employer’s 2019 fiscal year, the Executive shall receive an equity award under the Incentive Plan having a grant date fair value (as determined by the Committee) of $200,000, 50% of which will be in the form of options and 50% of which will be in the form of RSUs, in each case, consistent with the terms set forth in Annex A.

Initial Annual Award. For the Employer’s 2019 2020 fiscal year, subject to the approval of the Committee, the Executive shall receive an initial annual equity award under the Incentive Plan having a grant date fair value (as determined by the Committee) of $200,000320,000, 50% of which will be in the form of options time-based restricted stock units and 50% of which will be in the form of RSUsperformance-based restricted stock units, in each case, consistent with the terms set forth in Annex A.

Initial Annual Award. For the Employer’s 2019 2018 fiscal year, the Executive shall receive an equity award under the Incentive Plan having a grant date fair value (as determined by the Committee) of $200,000300,000, 50% of which will be in the form of options and 50% of which will be in the form of RSUsrestricted stock units, in each case, consistent with the terms set forth in Annex A.

Initial Annual Award. For the Employer’s 2019 2018 fiscal year, the Executive shall receive an equity award under the Incentive Plan having a grant date fair value (as determined by the Committee) of $200,0001,000,000, 50% of which will be in the form of options and 50% of which will be in the form of RSUsrestricted stock units, in each case, consistent with the terms set forth in Annex A.

Initial Annual Award. For the Employer’s 2019 fiscal year, the Executive shall receive an equity award under the Incentive Plan having a grant date fair value (as determined by the Committee) of $200,000500,000, 50% of which will be in the form of options and 50% of which will be in the form of RSUs, in each case, consistent with the terms set forth in Annex A.

Initial Annual Award. For the Employer’s 2019 fiscal year, the Executive shall receive an equity award under the Incentive Plan having a grant date fair value (as determined by the Committee) of $200,000150,000, 50% of which will be in the form of options and 50% of which will be in the form of RSUs, in each case, consistent with the terms set forth in Annex A.

Initial Annual Award. For the Employer’s 2019 fiscal year, within 30 days of the Effective Date, the Executive shall receive an equity award under the Incentive Plan having a grant date fair value (as determined by the Committee) of $200,000600,000, 50% of which will be in the form of options and 50% of which will be in the form of RSUs, in each case, consistent with the terms set forth in Annex A.

Initial Annual Award. For the Employer’s 2019 fiscal year, the Executive shall receive an equity award under the Incentive Plan having a grant date fair value (as determined by the Committee) of $200,0001,000,000, 50% of which will be in the form of options and 50% of which will be in the form of RSUs, in each case, consistent with the terms set forth in Annex A.