Stock Grants. Upon the Effective Date, Executive shall be issued 30,000 shares of the Employer's Common Stock, no par value per share. These shares shall be fully vested and non-forfeitable three years from the date of their issuance.
Appears in 2 contracts
Samples: Executive Employment Agreement (Petro Union Inc), Executive Employment Agreement (Petro Union Inc)
Stock Grants. Upon the Effective Date, the Executive shall be issued 30,000 shares of the Employer's Common Stock, no par value per share. These shares shall be fully vested and non-forfeitable three years from as of the date of their issuance.
Appears in 2 contracts
Samples: Executive Employment Agreement (Greka Energy Corp), Employment Agreement (Greka Energy Corp)