Hall of Fame Resort & Entertainment Company Announces Inducement Equity Grants
September 21 2020 - 4:05PM
Business Wire
Hall of Fame Resort & Entertainment Company (“HOFV” or the
“Company”) (NASDAQ: HOFV, HOFVW), the only resort, entertainment
and media company centered around the power of professional
football and owner of the Hall of Fame Village powered by Johnson
Controls in Canton, Ohio, today announced that it granted to Tara
Charnes, as an inducement to accept her appointment as General
Counsel of the Company, 138,568 restricted stock units (the “RSUs”)
with respect to the Company’s common stock, $0.0001 par value. The
Company also granted to Erica Muhleman, as an inducement to accept
her appointment as Executive Vice President of New Business
Development/Marketing & Sales, 144,613 RSUs. The grants were
made as inducement awards in accordance with each executive’s
employment agreement and were not granted under the Company’s 2020
Omnibus Incentive Plan (the “2020 Plan”), but are subject to
substantially the same terms and conditions as the 2020 Plan. For
each executive, the grants, which are subject to award agreements,
will vest in one-third increments on each of the first, second and
third anniversary of such executive’s start date, subject to
continued service through each applicable vesting date.
About the Hall of Fame Resort & Entertainment
Company
The Hall of Fame Resort & Entertainment Company (NASDAQ:
HOFV, HOFVW) is a resort and entertainment company leveraging the
power and popularity of professional football and its legendary
players in partnership with the Pro Football Hall of Fame.
Headquartered in Canton, Ohio, the Hall of Fame Resort &
Entertainment Company is the owner of the Hall of Fame Village
powered by Johnson Controls, a multi-use sports, entertainment and
media destination centered around the Pro Football Hall of Fame's
campus. Additional information on the Company can be found at
www.HOFREco.com.
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Media/Investor Contacts:
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