 Who grants the Executive an option to purchase common stock of Parent?
On or as soon as practicable following the Effective Date, Parent shall grant to the Executive a combination of restricted stock units (“ RSUs ”) and an option to purchase common stock of Parent (an “ Option ”), pursuant to Parent’s 2017 Omnibus Equity Plan (the “ Equity Plan ”).  The RSUs and Option shall have an aggregate value of $1,000,000 on the date of grant, with the Option valued based on its Black-Scholes value and RSUs valued based on the present market value of the underlying common stock of Parent, in each case as of the date of grant.  For future years, the Executive will be eligible to receive equity grants commensurate with her position, as determined by the Compensation Committee of Parent.
Parent