Common use of Future Grants Clause in Contracts

Future Grants. Provided that the Participant continues to be employed by the Company or any of its subsidiaries, the Company shall automatically grant to Participant an option to purchase 72,153 Common Shares on each of the following dates, or, if such date is a weekend or holiday, the next following business day (each a “Future Grant Date”): · November 6, 2018 · November 6, 2019 · November 6, 2020

Appears in 1 contract

Sources: Option Grant Agreement (Purple Innovation, Inc.)

Future Grants. Provided that the Participant continues to be employed by the Company or any of its subsidiaries, the Company shall automatically grant to Participant an option to purchase 72,153 179,340 Common Shares on each of the following dates, or, if such date is a weekend or holiday, the next following business day (each a “Future Grant Date”): · November 6, 2018 · November 6● October 1, 2019 · November 6● October 1, 20202020 ● October 1, 2021

Appears in 1 contract

Sources: Option Grant Agreement (Purple Innovation, Inc.)

Future Grants. Provided that the Participant continues to be employed by the Company or any of its subsidiaries, the Company shall automatically grant to Participant an option to purchase 72,153 71,736 Common Shares on each of the following dates, or, if such date is a weekend or holiday, the next following business day (each a “Future Grant Date”): · November 6, 2018 · November 6, 2019 · November 6, 2020

Appears in 1 contract

Sources: Option Grant Agreement (Purple Innovation, Inc.)