Common use of Stocks Clause in Contracts

Stocks. You will be granted 400,000 shares of the Company’s Common stock. Stocks shall vest on a monthly basis for three (3) years; with accelerated full vesting when Company is acquired/sold. Stock grants are subject to approval by the Board of Directors of the Company.

Appears in 3 contracts

Samples: Employment Agreement (ECLIPSE IDENTITY RECOGNITION Corp), Employment Agreement (ECLIPSE IDENTITY RECOGNITION Corp), Employment Agreement (ECLIPSE IDENTITY RECOGNITION Corp)

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Stocks. You will be granted 400,000 100,000 shares of the Company’s Common stock. Stocks shall vest on a monthly basis for three (3) years; with accelerated full vesting when Company is acquired/sold. Stock grants are subject to approval by the Board of Directors of the Company.

Appears in 1 contract

Samples: Employment Agreement (ECLIPSE IDENTITY RECOGNITION Corp)

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