Performance-Based Grant. The Company shall grant to Executive a number of performance-based restricted stock units (“PSUs”), valued based on the closing price of the Company’s Shares on the grant date valued at $666,666 which grant shall be subject to the performance conditions and vesting schedule set forth in Schedule A and the applicable form of award agreement.
Appears in 3 contracts
Sources: Executive Employment Agreement (Tilray Brands, Inc.), Executive Employment Agreement (Tilray, Inc.), Executive Employment Agreement (Tilray, Inc.)
Performance-Based Grant. The Company shall grant to Executive a number of performance-based restricted stock units (“PSUs”), valued based on the closing price of the Company’s Shares on the grant date valued at $666,666 which grant shall be subject to the performance conditions and vesting schedule set forth in Schedule Exhibit A and the applicable form of award agreement.
Appears in 1 contract
Performance-Based Grant. The Company shall shall, no later than August 15, 2021, grant to Executive a number of performance-based restricted stock units (“PSUs”), valued based on the closing price of the Company’s Shares on the grant date valued at five million dollars ($666,666 5,000,000) which grant shall be subject to the performance conditions and vesting schedule set forth in Schedule A B and the applicable form of award agreement.
Appears in 1 contract
Sources: Employment Agreement (Tilray, Inc.)