Sign-On Award. The Company shall grant to Executive twenty-nine thousand one hundred thirty-seven (29,137) restricted stock units (the “Sign-On Award”). The Sign-On Award shall be granted as soon as practicable following the Effective Date. Subject to the terms of this Agreement and the award agreement(s) into which Executive and the Company shall enter evidencing the grant of the Sign-On Award, the Sign-On Award shall become vested and non-forfeitable on an annual basis ratably over four (4) years.
Appears in 3 contracts
Samples: Executive Employment Agreement (Pozen Inc /Nc), Executive Employment Agreement (Pozen Inc /Nc), Executive Employment Agreement (Pozen Inc /Nc)
Sign-On Award. The Company shall grant to Executive twenty-nine one thousand one eight hundred thirtyfifty-seven three (29,13721,853) restricted stock units (the “Sign-On Award”). The Sign-On Award shall be granted as soon as practicable following the Effective Date. Subject to the terms of this Agreement and the award agreement(s) into which Executive and the Company shall enter evidencing the grant of the Sign-On Award, the Sign-On Award shall become vested and non-forfeitable on an annual basis ratably over four (4) years.
Appears in 1 contract
Sign-On Award. The Company shall grant to Executive twenty-nine five thousand one hundred thirty-seven (29,13725,000) restricted stock units (the “Sign-On Award”). The Sign-On Award shall be granted as soon as practicable following the Effective Date. Subject to the terms of this Agreement and the award agreement(s) into which Executive and the Company shall enter evidencing the grant of the Sign-On Award, the Sign-On Award shall become vested and non-forfeitable on an annual basis ratably over four (4) years.
Appears in 1 contract
