Inducement Grants. To induce Executive to accept this offer and to provide her with an immediate stake in the success of the Company, Executive will be granted the following awards under the LTIP upon commencement of her employment: (a) Stock options with a grant date fair value equal to $300,000, subject to time-based vesting in equal annual installments over four years.
Appears in 2 contracts
Sources: Employment Agreement (Tivity Health, Inc.), Employment Agreement (Nutri System Inc /De/)