Synergy Equity Grant. The Executive shall be awarded, no later than August 31, 2021, a number of restricted stock units valued based on closing price of the Company’s Shares on the grant date equal to $666,6667 (the “Synergy Equity Grant”), which grant shall be subject to the applicable form of award agreement and the satisfaction of the time and performance-based vesting conditions below to be achieved no later than the third (3rd) anniversary of the Effective Date as follows:
Appears in 3 contracts
Samples: Executive Employment Agreement (Tilray, Inc.), Executive Employment Agreement (Tilray, Inc.), Executive Employment Agreement (Tilray, Inc.)
Synergy Equity Grant. The Executive shall be awarded, no later than August 3115, 2021, a number of restricted stock units valued based on closing price of the Company’s Shares on the grant date equal to five million dollars ($666,6667 5,000,000) (the “Synergy Equity Grant”), which grant shall be subject to the applicable form of award agreement and the satisfaction of the time and performance-based vesting conditions below to be achieved no later than the third (3rd) anniversary of the Effective Date as follows:: EAST\181875955.14
Appears in 1 contract
Samples: Employment Agreement (Tilray, Inc.)