Common use of RSU Grant Clause in Contracts

RSU Grant. Subject to the approval of the Board, on or as soon as reasonably practicable after the Commencement Date, the Executive will be granted a Restricted Stock Unit (“RSU”) award equal to $150,000 pursuant to and as defined in the Ascend Wellness Holdings, Inc. 2021 Stock Incentive Plan (the “Plan”) and subject to the terms and conditions of the applicable award agreement (“RSU Grant). The RSU Grant shall vest in quarterly increments over one year from the Commencement Date for services in arrears.

RSU Grant. Subject to the approval of the Board, on or as soon as reasonably practicable after the Commencement Date, the The Executive will be granted a Restricted Stock Unit (“RSU”) award equal to $150,000 175,000 pursuant to and as defined in the terms of the Ascend Wellness Holdings, Inc. 2021 Stock Incentive Plan (the “Plan”) and subject to the terms and conditions of the applicable award agreement (“RSU Grant”). The RSU Grant shall vest in quarterly increments over one year from the Commencement Date for services in arrearsgrant date, subject to the terms and condition of the applicable award agreement and the Plan.