Common use of Inducement Grants Clause in Contracts

Inducement Grants. The Option and PSUs are being granted to Executive pursuant to the inducement grant exception under Nasdaq Rule 5635(c)(4) and not pursuant to any of the Company’s equity incentive plans, as an inducement that is material to Executive’s employment with the Company.

Appears in 2 contracts

Sources: Executive Employment Agreement (Mind Medicine (MindMed) Inc.), Executive Employment Agreement (Mind Medicine (MindMed) Inc.)

Inducement Grants. The Option and PSUs are being were granted to Executive pursuant to the inducement grant exception under Nasdaq Rule 5635(c)(4) and not pursuant to any of the Company’s equity incentive plans, as an inducement that is material to Executive’s employment with the Company.

Appears in 1 contract

Sources: Executive Employment Agreement (Mind Medicine (MindMed) Inc.)