Common use of Performance Grant Clause in Contracts

Performance Grant. (i) The Company shall request that the CCLG authorize and grant Employee 212,500 restricted share units (“Performance Grant” and, together with the Time-Based Grant, the “Grants”) of Lions Gate Entertainment Corp. in accordance with the Plan. Employee acknowledges that this Performance Grant of stock is subject to the approval of the CCLG.

Appears in 1 contract

Sources: Employment Agreement (Lions Gate Entertainment Corp /Cn/)

Performance Grant. (i) The Company shall request that the CCLG authorize and grant Employee 212,500 restricted share units (“Performance Grant” and, together with the Time-Based Grant, the “Grants”) of Lions Gate Entertainment Corp. in accordance with the Plan. Employee acknowledges that this Performance Grant of stock is subject to the approval of the CCLG.

Appears in 1 contract

Sources: Employment Agreement (Lions Gate Entertainment Corp /Cn/)