Common use of Initial Equity Award Clause in Contracts

Initial Equity Award. Shortly following the Effective Date, the Executive will be granted 150,000 restricted shares of Class A common stock (“Stock”) of the Company (the “Initial Equity Award”) which shall be earned and vest in accordance with the terms hereof and the terms, the terms of the applicable award agreement and the terms of the Plan.

Appears in 2 contracts

Samples: Employment Agreement (Virtu Financial, Inc.), Employment Agreement (Virtu Financial, Inc.)

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Initial Equity Award. Shortly following On the Effective Date, the Company shall grant the Executive will be granted 150,000 an award of restricted shares (the "Restricted Stock") of Class A the Company's common stock (the "Common Stock") and a stock option to acquire a number of the Company (the “Initial Equity Award”) which shall be earned and vest in accordance with the terms hereof and the terms, the terms of the applicable award agreement and the terms of the Plan.shares of

Appears in 1 contract

Samples: Employment Agreement (Mu Sub Inc)

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Initial Equity Award. Shortly following Within fifteen (15) days of the Effective Date, the Executive will be granted 150,000 restricted shares of Class class A common stock (“Stock”) of the Company (the “Initial Equity Award”) which shall be earned and vest in accordance with the terms hereof and the terms, the terms of the applicable award agreement and the terms of the Plan.

Appears in 1 contract

Samples: Employment Agreement (Virtu Financial, Inc.)

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