Stock Grant. Simultaneously with the consummation of the Combination, Employee will be granted that number of shares of all classes of stock of the Holding Company equal to one percent (1.0%) of the number of shares of all classes of stock of the Holding Company outstanding immediately upon consummation of the IPO. Such shares so granted shall fully and completely vest on the date of issuance.
Appears in 3 contracts
Samples: Employment Agreement (Railworks Corp), Employment Agreement (Railworks Corp), Employment Agreement (Railworks Corp)
Stock Grant. Simultaneously with the consummation of the CombinationIPO, Employee will be granted that number of shares of all classes of stock of the Holding Company equal to one percent (1.0%) of the number of shares of all classes of stock of the Holding Company outstanding immediately upon consummation of the IPO. Such shares so granted shall fully and completely vest on the date of issuance.
Appears in 3 contracts
Samples: Employment Agreement (Railworks Corp), Employment Agreement (Railworks Corp), Employment Agreement (Railworks Corp)