Common use of IPO RSU Grant Clause in Contracts

IPO RSU Grant. Subject to the approval of SGE’s Board of Directors, Employee will be granted upon the initial public offering of SGE (the “IPO”) 25,000 restricted stock units of SGE, pursuant to the terms and conditions of the Company’s 2023 Share Compensation Plan and related restricted stock unit (“RSU”) award agreement. Such RSUs shall be fully-vested upon their grant.

IPO RSU Grant. Subject to the approval of SGE’s Board of Directors, Employee will be granted upon the initial public offering of SGE (the “IPO”) 25,000 restricted stock units of SGE, pursuant to the terms and conditions of the Company’s 2023 2022 Share Compensation Plan and related restricted stock unit (“RSU”) award agreement. Such RSUs shall be fully-vested upon their grant.

IPO RSU Grant. Subject to the approval of SGE’s Board of Directors, Employee will be granted upon the initial public offering of SGE (the “IPO”) 25,000 30,000 restricted stock units of SGE, pursuant to the terms and conditions of the Company’s 2023 Share Compensation Plan and related restricted stock unit (“RSU”) award agreement. Such RSUs shall be fully-vested upon their grant.

IPO RSU Grant. Subject to the approval of SGE’s Board of Directors, Employee will be granted upon the initial public offering of SGE (the “IPO”) 25,000 30,000 restricted stock units of SGE, pursuant to the terms and conditions of the Company’s 2023 2022 Share Compensation Plan and related restricted stock unit (“RSU”) award agreement. Such RSUs shall be fully-vested upon their grant.