Second Grant of Restricted Stock Units Sample Clauses
Second Grant of Restricted Stock Units. Provided that Feltheimer’s employment hereunder has not previously been terminated for cause (as defined herein), death, or disability (as defined herein) and subject to regulatory approval, if required, Feltheimer shall be granted, upon execution of this agreement, a total of 916,071 Restricted Stock Units (“Second RSUs”) according to the following schedule: (i) 458,036 time vesting Second RSUs (the “Second Time Vesting RSUs”); (ii) 458,035 performance vesting Second RSUs (the “Second Performance Vesting RSUs”). Such Second RSUs shall be payable upon vesting in an equal number of common shares to Lions Gate. The foregoing Second RSUs shall be in addition to any Pre-existing Equity.
