Common use of RSU Grants Clause in Contracts

RSU Grants. Executive is eligible to receive additional performance grants of two hundred, thirty-six, three hundred, eighty-five dollars ($236,385.00) annually in RSUs, at the discretion of the Compensation Committee of Root, Inc. (the “Compensation Committee”) and subject to Executive meeting performance expectations for Executive’s role. Any such grants shall be governed by the Root, Inc. 2020 Equity Incentive Plan (the “Plan”), as may be duly amended from time-to-time by the Root, Inc. Board of Directors.

Appears in 1 contract

Samples: Executive Employment Agreement (Root, Inc.)

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RSU Grants. Executive is eligible to receive additional performance grants of two hundred, thirty-six, three hundred, eighty-five one million dollars ($236,385.001,000,000) annually in RSUs, at the discretion of the Compensation Committee of Root, Inc. (the “Compensation Committee”) and subject to Executive meeting performance expectations for Executive’s role. Any such grants shall be governed by the Root, Inc. 2020 Equity Incentive Plan (the “Plan”), as may be duly amended from time-to-time by the Root, Inc. Board of Directors.

Appears in 1 contract

Samples: Executive Employment Agreement (Root, Inc.)

RSU Grants. Executive is eligible to receive additional performance grants of two hundred, thirty-six, three hundred, eighty-five one million eight hundred eighty thousand dollars ($236,385.001,880,000) annually in RSUs, at the discretion of the Compensation Committee of Root, Inc. (the “Compensation Committee”) and subject to Executive meeting performance expectations for Executive’s role. Any such grants shall be governed by the Root, Inc. 2020 Equity Incentive Plan (the “Plan”), as may be duly amended from time-to-time by the Root, Inc. Board of Directors.

Appears in 1 contract

Samples: Executive Employment Agreement (Root, Inc.)

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RSU Grants. Executive is eligible to receive additional performance grants of two hundred, thirty-six, three hundred, eighty-five one million eight hundred eighty thousand dollars ($236,385.001,880,000.00) annually in RSUs, at the discretion of the Compensation Committee of Root, Inc. (the “Compensation Committee”) ), and subject to Executive meeting performance expectations for Executive’s role. Any such grants shall be governed by the Root, Inc. 2020 Equity Incentive Plan (the “Plan”), as may be duly amended from time-to-time by the Root, Inc. Board of Directors.

Appears in 1 contract

Samples: Executive Employment Agreement (Root, Inc.)