EX-10.1
from 10-Q
3 pages
2 Active/117159043.1 Annual Award: On Each Date of the Company’s Annual Meeting of Stockholders Following the Completion of the Company’s Initial Public Offering (The “Annual Meeting”), Each Continuing Non- Employee Member of the Board of Directors, Other Than a Director Receiving an Initial Award, Will Receive an Annual Equity Award (The “Annual Award”) of 50,000 Rsus, Which Shall Vest Upon the Earlier to Occur of the First Anniversary of the Date of the Grant or the Date of the Next Annual Meeting; Provided, However, That All Vesting Shall Cease if the Director Resigns From the Board of Directors or Otherwise Ceases to Serve as a Director, Unless the Board of Directors Determines That the Circumstances Warrant Continuation of Vesting. Sale Event Acceleration: All Outstanding Equity Awards Held by Non-Employee Directors Shall Become Fully Vested and Exercisable or Nonforfeitable Upon a Sale Event (As Defined in the Company’s 2018 Stock Option and Incentive Plan or Any Other Equity Incentive Plan Under Which the Award Is Granted). Expenses the Company Will Reimburse All Reasonable Out-Of-Pocket Expenses Incurred by Non- Employee Directors in Attending Meetings of the Board or Any Committee. Adopted April 25, 2018 and Amended Effective January 1, 2022, August 9, 2022, January 1, 2023, January 1, 2024, August 1, 2024 and January 1, 2025
12/34/56
EX-10.1
from 10-Q
3 pages
2 Active/117159043.1 Annual Award: On Each Date of the Company’s Annual Meeting of Stockholders Following the Completion of the Company’s Initial Public Offering (The “Annual Meeting”), Each Continuing Non- Employee Member of the Board of Directors, Other Than a Director Receiving an Initial Award, Will Receive an Annual Equity Award (The “Annual Award”) of 50,000 Rsus, Which Shall Vest Upon the Earlier to Occur of the First Anniversary of the Date of the Grant or the Date of the Next Annual Meeting; Provided, However, That All Vesting Shall Cease if the Director Resigns From the Board of Directors or Otherwise Ceases to Serve as a Director, Unless the Board of Directors Determines That the Circumstances Warrant Continuation of Vesting. Sale Event Acceleration: All Outstanding Equity Awards Held by Non-Employee Directors Shall Become Fully Vested and Exercisable or Nonforfeitable Upon a Sale Event (As Defined in the Company’s 2018 Stock Option and Incentive Plan or Any Other Equity Incentive Plan Under Which the Award Is Granted). Expenses the Company Will Reimburse All Reasonable Out-Of-Pocket Expenses Incurred by Non- Employee Directors in Attending Meetings of the Board or Any Committee. Adopted April 25, 2018 and Amended Effective January 1, 2022, August 9, 2022, January 1, 2023, January 1, 2024 and August 1, 2024
12/34/56
