Grant Details. Pursuant to this Agreement, the Company hereby grants to Grantee, effective on the grant date indicated below (“Grant Date”), the number of shares (“Shares”) of the Company’s common stock, par value $0.01 (“Stock”) indicated below: Grantee Xxxx Xxxxxxx Target Number of Shares 12,500 (the “Target Shares”), which number shall be subject to upward or downward adjustment as described under “Vesting Levels” below. Grant Date November 11, 2020 Vesting Schedule The Shares are allocated to the calendar year 2021 annual performance period (the “Annual Performance Period”). The Shares will vest subject to and in accordance with the Company’s achievement of, for the Shares, the performance-based vesting condition for the Annual Performance Period. Performance‑based Vesting Conditions The vesting of the Shares is conditioned on the written certification of the Compensation Committee of the Board (the “Committee”) of the Performance Goal (defined below) that was achieved for the Annual Performance Period. The Shares will vest from the Shares allocated to the Annual Performance Period depending on the Performance Goal level that is achieved for the Annual Performance Period, which may mean zero shares or other amounts allocated to the Annual Performance Period. Performance Goal The performance goal for the Annual Performance Period, as determined by the Board, is Annual Recurring Revenue attributable to the cloud back-up business acquired from CloudAlly, Ltd. measured as of the end of the Annual Performance Period (the “Performance Goal”). Vesting Levels Achievement of the Performance Goal greater than or equal to $9.3M (the “Minimum Performance Goal”) but less than $10.1M for the Annual Performance Period will result in the vesting of 50% of the Target Shares; or Achievement of the Performance Goal greater than or equal to $10.1M but less than $10.9M for the Annual Performance Period will result in the vesting of 100% of the Target Shares; or Achievement of the Performance Goal greater than or equal to $10.9M but less than $11.7M for the Annual Performance Period will result in the vesting of 150% of the Target Shares; or Achievement of the Performance Goal greater than or equal to $11.7M (the “Maximum Performance Goal”) for the Annual Performance Period will result in the vesting of 200% of the Target Shares. For the avoidance of doubt, only one of the four vesting levels described above may be achieved during the Annual Performance Period. Performance‑Based Forfeitur...
Grant Details. Pursuant to and subject to the Zix Corporation Amended and Restated 2012 Incentive Plan, as amended (the “Plan”) and this Agreement, the Company hereby grants to Grantee, effective on the grant date indicated below (“Grant Date”), the number of shares (“Shares”) of the Company’s common stock, par value $0.01 (“Stock”) indicated below: Grantee Number of Shares Grant Date Vesting Schedule Quarterly vesting pro rata over one year from the Grant Date
Grant Details. Employee ID [Field: Employee ID] Grant Date [Field: Grant Date] Type of Award [Field: Grant Type] Grant Number [Field: Grant Number] Cisco Number of Shares [Field: Shares Granted] Original Number of Shares [Field: Acquisition Shares] Vesting Commencement Date [Field: Vest Start Date]
Grant Details. Amount: $[•] Permitted Purpose: To purchase and install hardware, software and other technology (collectively, “Technology”) for the use of all students in the School from [Kindergarten to grade 8][grade 9 to grade 12] in order to xxxxxx and advance learning of these students. The Grant will be used in a manner consistent with the budget included in the Application. Equipment and installation services may be purchased through Best Buy or through the School’s approved vendors / process.
Grant Details. Pursuant to the Company’s Israel Award Plan of November 5, 2020 (the “Plan”) and this Agreement, the Company hereby grants to Grantee, effective on the grant date indicated below (the “Grant Date”), the number of restricted stock units (“Units”) convertible into the same number of shares (“Shares”) of the Company’s common stock, par value $0.01 (“Stock”) indicated below: Grantee
Grant Details. Item 1 Government Party <insert name> <insert ABN> <insert address>
Grant Details. Amount: $ Permitted Purpose: To purchase and install hardware, software and other technology (collectively, “Technology”) for the use of all students in the School from [Kindergarten to grade 8][grade 9 to grade 12] in order to xxxxxx and advance learning of these students. The Grant will be used in a manner consistent with the budget included in the Application. Equipment and installation services may be purchased through Best Buy or through the School’s approved vendors / process. Funding Date: January 31, 2022 Deadline Usage Date: June 30, 2022 The School will submit a tax receipt to Best Buy within 30 days of receipt of the Grant.
Grant Details a. KidsVaxGrant Grantees are eligible for a grant of $10,000 for registering a VFC site location between the dates of April 1, 2022 and May 27, 2022.
Grant Details. Cascade Amateur Radio Grantee Organization: Society dba Oregon HamWAN EIN 00-0000000 Amount of Grant: $88,391.00 Grant Start Date: June 1, 2021 Grant End Date: December 1, 2022
Grant Details. Pursuant to this Agreement , the Company hereby grants to Grantee, effective on the grant date indicated below (“Grant Date”), the number of shares (“Shares”) of the Company’s common stock, par value $0.01 (“Stock”) indicated below: Grantee Xxxx Xxxxxxx Number of Shares 100,000 Grant Date November 11, 2020 Vesting Schedule Annual vesting pro rata over four years on the Grant Date anniversary The Shares being issued pursuant to this Agreement are being issued as an “inducement” grant pursuant to and in accordance with Nasdaq Listing Rule 5635(c). Consequently, the Shares being issued hereunder are not issued under the Zix Corporation 2018 Omnibus Incentive Plan (the “Plan”). However, the Plan shall nonetheless govern the Shares as if such Shares were issued pursuant to and subject to the Plan.
