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SunPower Inc., a solar technology, services, and installation company, has granted time-based restricted stock units (RSUs) to two key employees of Ambia Energy as a material inducement to employment. The inducement grants consist of 2 million shares of SunPower common stock, with 20% vesting one year after grant and the remainder vesting in equal monthly installments until the fifth anniversary. The RSUs are subject to accelerated vesting if the employee's employment is terminated by SunPower without cause.
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