New Grants. (A) Promptly following the Effective Date, the Company shall grant Executive restricted stock units covering 50,000 shares of the Company’s common stock (the “Tranche 1 Equity Award”) pursuant to the terms of the Equity and Incentive Plan. The Tranche 1 Equity Award shall vest immediately upon the grant date. The Tranche 1 Equity Award will be subject to the terms and conditions of the Equity and Incentive Plan and an award agreement, in a form reasonably acceptable to the Company.
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Samples: Employment Agreement (Cowen Group, Inc.), Employment Agreement (Cowen Group, Inc.), Employment Agreement (Cowen Group, Inc.)
New Grants. (A) Promptly following the Effective Date, the Company shall grant Executive restricted stock units covering 50,000 250,000 shares of the Company’s common stock (the “Tranche 1 Equity Award”) pursuant to the terms of the Equity and Incentive Plan. The Tranche 1 Equity Award shall vest immediately upon the grant date. The Tranche 1 Equity Award will be subject to the terms and conditions of the Equity and Incentive Plan and an award agreement, in a form reasonably acceptable to the Company.
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