Common use of Performance Equity Clause in Contracts

Performance Equity. As of the Effective Date of this Agreement, the Employee shall be granted an award of 160,000 Restricted Stock Units, which units shall vest upon achievement of predefined performance milestones to be determined by the Company and agreed to by Employee and set forth in a separate Restricted Stock Unit Award Agreement. The parties have discussed tentative initial performance milestones, as listed in the attached Exhibit B and agree to finalize such milestones, which shall include but are not limited to that contained in Exhibit B, during the first 90 days of employment.

Performance Equity. As of the Effective Date of this Agreement, the Employee shall be granted an award of 160,000 100,000 Restricted Stock Units, which units shall vest upon achievement of predefined performance milestones to be determined by the Company and Haulynx and agreed to by Employee and set forth in a separate Restricted Stock Unit Award Agreement. The parties have discussed tentative initial performance milestones, as listed in the attached Exhibit B and agree to finalize such milestones, which shall include but are not limited to that contained in Exhibit B, milestones will be finalized during the first 90 days of employment.