Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / rsu-award-agreement-draft.docx
rsu-award-agreement-draft.docx
Parties
Harkness LLP
Arbor Health Technologies Inc
Equity Inc
Employee Retirement Inc
Rowe LLP
Dates
August 12, 2022
November 1, 2022
July 15, 2020
August 22, 2022
August 10, 2022
Amounts
$0.0001
$2,150
$575,000
$1,150,000
$431,250
$862,500
$38,700
$2,051,200. 5.3
$50,000,000
Obligations
NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows: Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Plan
The grant date of the Award shall be [●], 2022 (the "Grant Date"), which date shall be the Participant's first day of active employment with the Company
In the event that the Participant's first day of employment is a date other than November 1, 2022, the Grant Date shall automatically be deemed to be such actual first day of employment, and all references to the Grant Date herein shall be construed accordingly
The RSUs do not represent actual shares of Common Stock and shall not be treated as property or as a trust fund of any kind
Subject to the Participant's continued employment with the Company (or any subsidiary or affiliate thereof) through each applicable vesting date, and subject to the acceleration provisions set forth in Sections 4 and 5 below, the RSUs shall vest in three (3) substantially equal annual installments as follows: (a) First Tranche: Thirty-three and one-third percent (33
33%) of the total number of RSUs comprising the Award shall vest on the first (1st) anniversary of the Grant Date; (b) Second Tranche: Thirty-three and one-third percent (33