Award of Common Stock. The Corporation hereby grants (the "Grant") to Employee 276,395 shares (the "Shares") of common stock, $.001 par value, of the Corporation ("Common Stock"), which shall be subject to the Restricted Period and the restrictions on transferability set forth in Section 2 herein (collectively, the "Restrictions") and to the other provisions of this Agreement.
Award of Common Stock. The Company hereby grants (the “Grant”) to Participant ________ shares (the “Shares”) of common stock, $0.01 par value, of the Company (“Common Stock”), which shall be subject to the restrictions on transferability set forth in Section 2(d) herein (the “Restrictions”) and to the other provisions of this Agreement.
Award of Common Stock. The Company hereby grants (the "Grant") to Employee Three Thousand (3,000) shares (the "Shares") of common stock, $1.00 par value, of the Company ("Common Stock") which shall be subject to the restrictions on transferability set forth in paragraph 2(d) herein (the "Restrictions") and to the other provisions of this Agreement. The Shares may be increased as set forth in paragraph 4 below (such increases to be included in the term "Shares"), and all such Shares shall be issued to the Employee in accordance with paragraph 2(b) below.
Award of Common Stock. The Company hereby agrees to award and issue to Awardee and Awardee hereby agrees to acquire from the Company an aggregate of _______________ (__________) shares of the Company’s Common Stock, par value $.001 per share (collectively, the “Shares”), as consideration for Awardee’s execution and delivery to the Company of the Employment Agreement and this Agreement, subject to the terms and conditions set forth in this Agreement.
Award of Common Stock. On the date specified in Exhibit A attached hereto (the "Date of Grant"), but subject to the execution of this Agreement, the Company granted to the Participant an Award in the form of the number of shares of Common Stock (the "Shares") as set forth in Exhibit A from the authorized and unissued or treasury Common Stock.
Award of Common Stock. Pursuant to the Plan, the Company hereby grants the Award to the Grantee. Upon acceptance of the Award, the Grantee shall receive the number of shares of Common Stock of the Company granted by the Company’s Compensation Committee of the Board of Directors (the “Committee”), subject to the restrictions and conditions set forth herein and in the Plan. The Company acknowledges the receipt from the Grantee of consideration with respect to the par value of the Common Stock in the form of cash, past or future services rendered to the Company by the Grantee or such other form of consideration as is acceptable to the Committee. 3.
Award of Common Stock. Section 1.1 - Award of Common Stock For good and valuable consideration, on the date hereof the Company hereby issues to the Stockholder, and the Stockholder hereby purchases from the Company, ____________ shares of Common Stock upon the terms and conditions set forth in this Agreement. The purchase price of the shares of Common Stock to be purchased by the Stockholder pursuant to this Agreement shall be $0.01 per share without commission or other charge. Notwithstanding anything to the contrary anywhere else in this Agreement, the Stock Award is subject to the terms, definitions and provisions of the Plan, which is incorporated herein by reference.
Award of Common Stock. As of the date (the "Grant Date") on which completion of the public offering (the "IPO") of common stock of the Company contemplated by the Registration Statement on Form S-1 (File No. 333-108026) filed by the Company on August 15, 2003 occurs, the Company shall grant to Employee such number of shares (the "Restricted Shares") of the Company's common stock, $.01 par value ("Common Stock"), as shall be equal to $____ divided by the per share public offering price in the IPO (the "Public Offering Price") (rounded up to the nearest whole share), which shall be subject to restrictions on transferability set forth in Section 2 herein. In the event that the IPO does not occur, this Agreement shall be void ab initio and of no further force and effect.
Award of Common Stock. Subject to the terms and conditions of this Agreement, the Company hereby awards, as of the date hereof, to the Director the Shares. Notwithstanding anything in this Agreement to the contrary, the Company shall have no obligation to issue any Common Stock to any person who is a resident of a jurisdiction in which the sale of Common Stock to such person would constitute a violation of the securities, "blue sky" or other laws of such jurisdiction or would require registration under any such laws.
Award of Common Stock. The Company hereby agrees to grant (the "Grant"), as of January 15, 1997, to the Consultant 200,000 shares of common stock, $.001 par value (the "Common Stock") of the Company which shall be subject to the restrictions set forth in Section 12(c) (the "Restrictions") (such shares being referred to herein in the aggregate as the "Shares").
