Time-Based Grant. (i) The Company shall request that the Compensation Committee of Lions Gate (“CCLG”) authorize and grant Employee 212,500 restricted share units (“Time-Based Grant”) of Lions Gate Entertainment Corp. in accordance with the terms and conditions of the existing and/or future Employee Stock Plan (collectively, the “Plan”). Employee acknowledges that this Time-Based Grant of stock is subject to the approval of the CCLG. The award date (“Award Date”) shall be the date of the board meeting when the Time-Based Grant is approved.
Appears in 2 contracts
Sources: Employment Agreement (Lions Gate Entertainment Corp /Cn/), Employment Agreement (Lions Gate Entertainment Corp /Cn/)