Long Term Grant Restricted Shares. So long as the Employment Term has not been terminated for any reason, on each anniversary of the Effective Date Executive shall receive shares of the common stock of IREC subject to the restrictions and in accordance with the schedule set forth on Exhibit B attached hereto and made a part hereof (“Long Term Grant Restricted Shares”). The restrictions on the shares shall lapse in accordance with the provisions of Exhibit B of this Agreement.
Appears in 4 contracts
Samples: Employment Agreement (Inland Real Estate Corp), Employment Agreement (Inland Real Estate Corp), Employment Agreement (Inland Real Estate Corp)
