Initial Equity Grant. Executive shall receive, on the Effective Date, a grant of RSUs with a grant date fair market value of $500,000, subject to all of the terms and conditions of the Restricted Stock Unit Award Agreement with Respect to Shares of FECR Rail Corp., substantially in the form annexed as Exhibit A hereto.
Appears in 4 contracts
Samples: Employment Agreement (Forida East Coast Railway L.L.C.), Employment Agreement (Forida East Coast Railway L.L.C.), Employment Agreement (Forida East Coast Railway L.L.C.)
Initial Equity Grant. Executive shall receive, on the Effective Date, a grant of RSUs with a grant date fair market value of $500,0001 million, subject to all of the terms and conditions of the Restricted Stock Unit Award Agreement with Respect to Shares of FECR Rail Corp., substantially in the form annexed as Exhibit A hereto.
Appears in 2 contracts
Samples: Employment Agreement (Forida East Coast Railway L.L.C.), Employment Agreement (Forida East Coast Railway L.L.C.)
Initial Equity Grant. Executive shall receive, on the Effective Date, a grant of RSUs with a grant date fair market value of $500,000750,000, subject to all of the terms and conditions of the Restricted Stock Unit Award Agreement with Respect to Shares of FECR Rail Corp., substantially in the form annexed as Exhibit A hereto.
Appears in 2 contracts
Samples: Employment Agreement (Forida East Coast Railway L.L.C.), Employment Agreement (Forida East Coast Railway L.L.C.)
