Initial Grant. On January 1, 2010, the Company will issue to Mxxxxx 10,000 shares of Company stock (the “Initial Grant”), which stock shall vest, subject to acceleration as provided below, in the following increments on the specified dates:
Appears in 1 contract
Samples: Independent Director Appointment Agreement (Recovery Energy, Inc.)
Initial Grant. On January 1, 20102011, the Company will issue to Mxxxxx 10,000 20,000 shares of Company common stock (the “Initial Grant”), which common stock shall vest, subject to acceleration as provided below, in the following increments on the specified dates:
Appears in 1 contract
Samples: Independent Director Appointment Agreement (Recovery Energy, Inc.)
Initial Grant. On January 1, 20102011, the Company will issue to Mxxxxx 10,000 Xxxxxx 200,000 shares of Company common stock (the “Initial Grant”), which common stock shall vest, subject to acceleration as provided below, in the following increments on the specified dates, so long as Xxxxxx is a director on such date:
Appears in 1 contract
Samples: Director Appointment Agreement (Recovery Energy, Inc.)
Initial Grant. On January 1, 20102011, the Company will issue to Mxxxxx 10,000 Xxxxxx 150,000 shares of Company common stock (the “Initial Grant”), which common stock shall vest, subject to acceleration as provided below, in the following increments on the specified dates, so long as Xxxxxx is a director on such date:
Appears in 1 contract
Samples: Independent Director Appointment Agreement (Recovery Energy, Inc.)
Initial Grant. On January 1, 2010, the Company will issue to Mxxxxx 10,000 Xxxxxx 1,000,000 shares of Company stock (the “Initial Grant”), which stock shall vest, subject to acceleration as provided below, in the following increments on the specified dates:
Appears in 1 contract
Samples: Director Appointment Agreement (Recovery Energy, Inc.)