Common use of Award of Plan Shares Clause in Contracts

Award of Plan Shares. The Participant is awarded, no purchase price per share, in the aggregate, the right to receive 12,000 shares of common stock (the “Plan Shares”), which shares become vested and nonforfeitable pursuant to paragraph 5 of this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Grant Agreement (BNC Bancorp), Restricted Stock Grant Agreement (BNC Bancorp)

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Award of Plan Shares. The Participant is awarded, no purchase price per share, in the aggregate, the right to receive 12,000 150,000 shares of common stock (the “Plan Shares”), which shares become vested and nonforfeitable pursuant to paragraph Section 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (BNC Bancorp)

Award of Plan Shares. The Participant is awarded, no purchase price per share, in the aggregate, the right to receive 12,000 22,000 shares of common stock (the “Plan Shares”), which shares become vested and nonforfeitable pursuant to paragraph 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (BNC Bancorp)

Award of Plan Shares. The Participant is awarded, no purchase price per share, in the aggregate, the right to receive 12,000 189,000 shares of common stock (the “Plan Shares”), which shares become vested and nonforfeitable pursuant to paragraph 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (BNC Bancorp)

Award of Plan Shares. The Participant is awarded, no purchase price per share, in the aggregate, the right to receive 12,000 17,500 shares of common stock (the “Plan Shares”), which shares become vested and nonforfeitable pursuant to paragraph 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (BNC Bancorp)

Award of Plan Shares. The Participant is awarded, no purchase price per share, in the aggregatea Restricted Stock Unit Award (as defined above, the right to receive 12,000 “Award”) for an aggregate of 5,000 shares of common stock (the “Plan Shares”)) of Common Stock, which shares Plan Shares may become vested and nonforfeitable pursuant to paragraph 5 as provided in Section 4 of this Agreement. Prior to the issuance of the Plan Shares upon vesting of the Award (in whole or in part), the Award shall represent an unsecured obligation of the Company, payable (if at all) only from the Company’s general assets.

Appears in 1 contract

Samples: Employee Restricted Stock Unit Award Agreement (BNC Bancorp)

Award of Plan Shares. The Participant is awarded, no purchase price per share, in the aggregate, the right to receive 12,000 200,000 shares of common stock (the “Plan Shares”), which shares become vested and nonforfeitable pursuant to paragraph Section 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (BNC Bancorp)

Award of Plan Shares. The Participant is awarded, no purchase price per share, in the aggregate, the right to receive 12,000 132,000 shares of common stock (the “Plan Shares”), which shares become vested and nonforfeitable pursuant to paragraph 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (BNC Bancorp)

Award of Plan Shares. The Participant is awarded, no purchase price per share, in the aggregate, the right to receive 12,000 80,000 shares of common stock (the “Plan Shares”), which shares become vested and nonforfeitable pursuant to paragraph 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (BNC Bancorp)

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Award of Plan Shares. The Participant is awarded, no purchase -------------------- price per share, in the aggregate, the right to receive 12,000 Five Thousand (5,000) shares of common stock (the "Plan Shares"), which shares become vested and nonforfeitable pursuant to paragraph 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (BNC Bancorp)

Award of Plan Shares. The Participant is awarded, no purchase price per share, in the aggregate, the right to receive 12,000 [ ] shares of common stock of the Company (the “Plan Shares”), which shares become vested and nonforfeitable pursuant to paragraph 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (BNC Bancorp)

Award of Plan Shares. The Participant is awarded, no purchase price per share, in the aggregate, the right to receive 12,000 100,000 shares of common stock (the “Plan Shares”), which shares become vested and nonforfeitable pursuant to paragraph 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (BNC Bancorp)

Award of Plan Shares. The Participant is awarded, no purchase price per share, in the aggregate, the right to receive 12,000 18,750 shares of common stock (the “Plan Shares”), which shares become vested and nonforfeitable pursuant to paragraph 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (BNC Bancorp)

Award of Plan Shares. The Participant is awarded, no purchase price per share, in the aggregate, the right to receive 12,000 16,500 shares of common stock (the “Plan Shares”), which shares become vested and nonforfeitable pursuant to paragraph 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (BNC Bancorp)

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