Common use of Special Award Clause in Contracts

Special Award. In consideration for Executive’s performing services for the transition in the internalization process, the Company shall pay to Executive an amount equal to $450,000 on or before December 31, 2020.

Appears in 3 contracts

Samples: Employment Agreement (Granite Point Mortgage Trust Inc.), Employment Agreement (Granite Point Mortgage Trust Inc.), Employment Agreement (Granite Point Mortgage Trust Inc.)

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Special Award. In consideration for Executive’s performing services for the transition in the internalization process, the Company shall pay to Executive an amount equal to $450,000 1,000,000 on or before December 31, 2020.

Appears in 1 contract

Samples: Employment Agreement (Granite Point Mortgage Trust Inc.)

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Special Award. In consideration for Executive’s performing services for the transition in the internalization process, the Company shall pay to Executive an amount equal to $450,000 420,000 on or before December 31, 2020.

Appears in 1 contract

Samples: Employment Agreement (Granite Point Mortgage Trust Inc.)

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