Common Contracts
2 similar Equity Grant Agreement contracts by Sensus Healthcare, Inc., Sensus Healthcare, LLC
EQUITY GRANT AGREEMENT DATED AS OF JULY 30, 2015, BY AND AMONG ARTHUR LEVINE, SENSUS HEALTHCARE, LLC AND CERTAIN CONTRIBUTING MEMBERS NAMED THEREINEquity Grant Agreement • February 10th, 2016 • Sensus Healthcare, Inc. • Surgical & medical instruments & apparatus
On behalf of the Board of Directors and senior management of Sensus Healthcare LLC (“the Company”), we want to congratulate you in accepting the position of Chief Financial Officer. A key component of your employment package is in the form of company equity. The below members (“the Contributing Members”) agree to reduce their aggregate interest in the Company by 435 units (87 units per Contributing Member) and to increase your aggregate interest by 435 units. Such units shall vest immediately upon a “Liquidity Event”, defined as sale of more than 50% of the outstanding units of the Company or the expiration of a lock-up period following an IPO. Please note that 435 units currently represent approximately 1% of Sensus Healthcare on a fully diluted basis. If you voluntarily leave the Company before a Liquidity Event any unvested units shall be returned to the Contributing Members. If you are terminated without cause, any unvested units shall become vested and in such event, the Company s
EQUITY GRANT AGREEMENT DATED AS OF JULY 30, 2015, BY AND AMONG ARTHUR LEVINE, SENSUS HEALTHCARE, LLC AND CERTAIN CONTRIBUTING MEMBERS NAMED THEREINEquity Grant Agreement • December 30th, 2015 • Sensus Healthcare, LLC • Surgical & medical instruments & apparatus
On behalf of the Board of Directors and senior management of Sensus Healthcare LLC (“the Company”), we want to congratulate you in accepting the position of Chief Financial Officer. A key component of your employment package is in the form of company equity. The below members (“the Contributing Members”) agree to reduce their aggregate interest in the Company by 435 units (87 units per Contributing Member) and to increase your aggregate interest by 435 units. Such units shall vest immediately upon a “Liquidity Event”, defined as sale of more than 50% of the outstanding units of the Company or the expiration of a lock-up period following an IPO. Please note that 435 units currently represent approximately 1% of Sensus Healthcare on a fully diluted basis. If you voluntarily leave the Company before a Liquidity Event any unvested units shall be returned to the Contributing Members. If you are terminated without cause, any unvested units shall become vested and in such event, the Company s
