Initial Equity Award. During the first year of the Original Agreement, the Executive shall be awarded 30,000 shares of restricted membership units in the Parent Company (the “NMLH Restricted Units”), pursuant to the New Mountain Lake Holdings, LLC Restricted Membership Units Plan (the “Membership Units Plan”).
Appears in 1 contract
Samples: Executive Employment Agreement (Us Xpress Enterprises Inc)
Initial Equity Award. During the first year of the Original Agreement, the Executive shall be awarded 30,000 80,000 shares of restricted membership units in the Parent Company (the “NMLH Restricted Units”), pursuant to the New Mountain Lake Holdings, LLC Restricted Membership Units Plan (the “Membership Units Plan”).
Appears in 1 contract
Samples: Executive Employment Agreement (Us Xpress Enterprises Inc)
Initial Equity Award. During the first year of the Original Agreement, the Executive shall be awarded 30,000 100,000 shares of restricted membership units in the Parent Company (the “NMLH Restricted Units”), pursuant to the New Mountain Lake Holdings, LLC Restricted Membership Units Plan (the “Membership Units Plan”).
Appears in 1 contract
Samples: Executive Employment Agreement (Us Xpress Enterprises Inc)
Initial Equity Award. During the first year of the Original Agreement, the Executive shall be awarded 30,000 50,000 shares of restricted membership units in the Parent Company (the “NMLH Restricted Units”), pursuant to the New Mountain Lake Holdings, LLC Restricted Membership Units Plan (the “Membership Units Plan”).
Appears in 1 contract
Samples: Executive Employment Agreement (Us Xpress Enterprises Inc)
Initial Equity Award. During the first year of the Original Agreement, the Executive shall be awarded 30,000 40,000 shares of restricted membership units in the Parent Company (the “NMLH Restricted Units”), pursuant to the New Mountain Lake Holdings, LLC Restricted Membership Units Plan (the “Membership Units Plan”).
Appears in 1 contract
Samples: Executive Employment Agreement (Us Xpress Enterprises Inc)
