Initial Grant. On April 24, 2012, the Company issued to Director 50,000 shares of common stock (the “Initial Grant”), which common stock shall vest, subject to acceleration as provided below, in the following increments on the specified dates, so long as Director is a director on such date:
Appears in 2 contracts
Samples: Independent Director Appointment Agreement (Recovery Energy, Inc.), Independent Director Appointment Agreement (Recovery Energy, Inc.)
Initial Grant. On April 24March 1, 20122014, the Company issued to Director 50,000 shares of common stock (the “Initial Grant”) of the Company’s common stock, par value $0.0001 (the “Common Stock”), which common stock Common Stock shall vest, subject to acceleration as provided below, in the following increments on the specified dates, so long as Director is a director on such date:
Appears in 1 contract
Samples: Independent Director Appointment Agreement (Lilis Energy, Inc.)
Initial Grant. On April 24May 18, 2012, the Company issued to Director 50,000 shares of common stock (the “Initial Grant”), which common stock shall vest, subject to acceleration as provided below, in the following increments on the specified dates, so long as Director is a director on such date:
Appears in 1 contract
Samples: Independent Director Appointment Agreement (Recovery Energy, Inc.)
