Common use of IPO Bonus Clause in Contracts

IPO Bonus. In recognition of Director’s efforts in helping the Company achieve public listing, Company shall grant Director an additional $25,000 worth of RSU’s. The IPO Bonus RSU’s will be granted as fully vested RSU’s via a Notice of Grant subject to Section 3 (c) below.

Appears in 4 contracts

Samples: Board of Directors Agreement (Atlis Motor Vehicles Inc), Board of Directors Agreement (Atlis Motor Vehicles Inc), Board of Directors Agreement (Atlis Motor Vehicles Inc)

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IPO Bonus. In recognition of Director’s efforts in helping the Company achieve public listing, Company shall grant Director an additional $25,000 40,984 worth of RSU’s. The IPO Bonus RSU’s will be granted as fully vested RSU’s via a Notice of Grant and shall vest subject to Section 3 (c) below.

Appears in 2 contracts

Samples: Board of Directors Agreement (Nxu, Inc.), Board of Directors Agreement (Nxu, Inc.)

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