HCI Viocare Stock Award Grant Notice to Sergios Katsaros (March 1, 2016)

Contract Categories: Business Finance › Stock Agreements
Summary

HCI Viocare has granted Sergios Katsaros a stock award of 300,000 common shares. The shares vest in three equal installments: 100,000 shares immediately on March 1, 2016, 100,000 shares on October 1, 2016, and 100,000 shares on March 1, 2017. There is no expiration date for this award. The agreement outlines the vesting schedule and confirms the grant of shares to the recipient.

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EX-10.3 4 ex103.htm GRANT NOTICE FOR STOCK AWARDS ISSUED MARCH 1, 2016 ex103.htm

HCI VIOCARE
 

 
NOTICE OF STOCK AWARD
 

 
SERGIOS KATSAROS, you have been granted a stock award of the Common Stock (the “Common Stock”) of HCI Viocare as follows:
 
Grant number:
  
0003
Date of Grant:
  
March 1, 2016
Vesting Commencement Date:
  
See vesting schedule below
Total Number of Award Shares Granted:
  
300,000 COMMON SHARES
Term/Expiration Date:
  
N/A
     

 
VESTING SCHEDULE:  This Award may be issued, in whole or in part, in accordance with the following schedule:
 
·
100,000 common shares shall vest as of the date of Grant (March 1, 2016);
·
100,000 common shares shall vest on the six month anniversary of the date of Grant (October 1, 2016); and,
·
100,000 common shares shall vest on the one year anniversary of the date of Grant (March 1, 2017).