Common use of IPO Equity Grants Clause in Contracts

IPO Equity Grants. Immediately prior to the Effective Time, Employee received 2,000 units of Class D Interests (as defined in the Partnership Agreement), which will at the Effective Time convert to restricted shares of the Company’s common stock subject to the terms and conditions of the Company Long Term Incentive Plan and the forms of Restricted Stock Award Agreements attached as Exhibit B to this Agreement. ARTICLE 5 CONFIDENTIAL INFORMATION, INVENTIONS, BUSINESS OPPORTUNITIES AND GOODWILL

Appears in 1 contract

Samples: Employment Agreement (Cobalt International Energy, Inc.)

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IPO Equity Grants. Immediately prior to the Effective Time, Employee received 2,000 6,500 units of Class C Interests (as defined in the Partnership Agreement) and 9,000 units of Class D Interests (as defined in the Partnership Agreement), which will at the Effective Time convert to restricted shares of the Company’s common stock subject to the terms and conditions of the Company Long Term Incentive Plan and the forms of Restricted Stock Award Agreements attached as Exhibit A and Exhibit B to this Agreement. ARTICLE 5 CONFIDENTIAL INFORMATION, INVENTIONS, BUSINESS OPPORTUNITIES AND GOODWILL

Appears in 1 contract

Samples: Employment Agreement (Cobalt International Energy, Inc.)

IPO Equity Grants. Immediately prior to the Effective TimeTime (as defined in the Reorganization Agreement), Employee received 2,000 1,000 units of Class C Interests (as defined in the Partnership Agreement) and 1,500 units of Class D Interests (as defined in the Partnership Agreement), which will at the Effective Time convert to restricted shares of the Company’s common stock subject to the terms and conditions of the Company Long Term Incentive Plan and the forms of Restricted Stock Award Agreements attached as Exhibit A and Exhibit B to this Agreement. ARTICLE 5 CONFIDENTIAL INFORMATION, INVENTIONS, BUSINESS OPPORTUNITIES AND GOODWILL

Appears in 1 contract

Samples: Severance Agreement (Cobalt International Energy, Inc.)

IPO Equity Grants. Immediately prior to the Effective Time, Employee received 2,000 6,500 units of Class C Interests (as defined in the Partnership Agreement) and 9,000 units of Class D Interests (as defined in the Partnership Agreement), which will at the Effective Time convert to restricted shares of the Company’s common stock subject to the terms and conditions of the Company Long Term Incentive Plan and the forms of Restricted Stock Award Agreements attached as Exhibit A and Exhibit B to this Agreement. ARTICLE 5 CONFIDENTIAL INFORMATION, INVENTIONS, BUSINESS OPPORTUNITIES AND GOODWILL

Appears in 1 contract

Samples: Employment Agreement (Cobalt International Energy, Inc.)

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IPO Equity Grants. Immediately prior to the Effective Time, Employee received 2,000 20,000 units of Class C Interests (as defined in the Partnership Agreement) and 20,000 units of Class D Interests (as defined in the Partnership Agreement), which will at the Effective Time convert to restricted shares of the Company’s common stock subject to the terms and conditions of the Company Long Term Incentive Plan and the forms of Restricted Stock Award Agreements attached as Exhibit A and Exhibit B to this Agreement. ARTICLE 5 CONFIDENTIAL INFORMATION, INVENTIONS, BUSINESS OPPORTUNITIES AND GOODWILL

Appears in 1 contract

Samples: Employment Agreement (Cobalt International Energy, Inc.)

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