Common Stock Award Sample Clauses

Common Stock Award. WESTMŸN is eligible to earn the following separate and independent awards of Company common stock: A. “1st Common Stock Award” is 15 million shares of Company common stock; B. “2nd Common Stock Award” is 20 million shares of Company common stock; C. “3rd Common Stock Award” is 25 million shares of Company common stock; and D. “4th Common Stock Award” is 25 million shares of Company common stock.

Common Stock Award. On the Effective Date, the Company shall grant Executive 100,000 shares of Restricted Stock Units of the Company (the “Stock Grant”), pursuant and subject to the terms of a Stock Award Agreement between the Executive and the Company.

Common Stock Award. In consideration and exchange for the reduction in future awards set forth on Schedule I to Exhibit A attached hereto, the Company hereby grants to the Executive the Restricted Stock set forth on Exhibit B hereto, which represents a portion of the Restricted Stock that the Executive would have been entitled to be granted pursuant to the Employment Agreement as in effect immediately prior to the date hereof, and such shares shall be immediately vested with no restrictions except as set forth herein (the “Vested Stock”). The Executive hereby acknowledges that such award is in partial satisfaction of the Company’s obligation to grant the Executive shares of Restricted Stock in January 2014 and January 2015 pursuant to Section 3(c) of the Employment Agreement as in effect immediately prior to the date hereof.

Common Stock Award. During the Directorship Term the Director shall receive the following stock award of the Company’s common stock (the “Stock Award”): • 25000 shares of the Company’s common stock for every three (3) month period of the Directorship Term.

Common Stock Award. Subject to approval by the Compensation Committee of the Board, the REIT shall, as of the Effective Date, grant the Executive a number of shares of the REIT’s common stock (the “Common Stock Award”) equal to the quotient obtained by dividing (x) $500,000 by (y) the closing trading price of a share of the REIT’s common stock on the New York Stock Exchange on the Effective Date. The Common Stock Award shall be granted to the Executive under the Amended and Restated 2003 Incentive Award Plan of Xxxxxxx Properties, Inc., Xxxxxxx Properties Services, Inc. and Xxxxxxx Properties, L.P. (the “Incentive Plan”) at a purchase price of $0.01 per share. The Common Stock Award shall be fully vested as of the date of grant. Consistent with the foregoing, the terms and conditions of the Common Stock Award shall be set forth in an award agreement (the “Common Stock Award Agreement”), substantially in the form attached hereto as Exhibit A, to be entered into by the Company and the Executive which shall evidence the grant of the Common Stock Award.

Common Stock Award. The Executive shall be granted shares of Hall of Fame Resort common stock (each such grant, a “Stock Award”) in accordance with this Section 2.4. (a) On the Effective Date, the Executive shall receive a Stock Award for the number of whole shares of Hall of Fame Resort common stock that most nearly equals 2.25% of the outstanding shares of Hall of Fame Resort common stock on the Effective Date. (b) The Stock Award shall be evidenced by an award agreement between Hall of Fame Resort and the Executive. The award agreement shall provide that the Executive’s rights in the Stock Award shall be vested and transferable in three (3) equal or nearly equal installments on (1) the Effective Date, (2) the first anniversary of the Effective Date, and (3) the second anniversary of the Effective Date, if the Executive remains in the continuous employ or service of the Company or an affiliate of the Company from the Effective Date until the applicable vesting date. The award agreement shall provide that any Stock Awards that have not vested on or before the date the Executive ceases to be an employee of, or providing services to, the Company or an affiliate shall be forfeited on the date that such employment or services ends for any reason.

Common Stock Award. Upon commencement of the Term, Calypte shall award to the Employee 1,500,000 shares of its common stock, which shall be fully vested upon the award, in accordance with the terms and conditions of Calypte's 2004 Incentive Plan (the "Plan").

Common Stock Award. PRIAM is eligible to earn the following separate and independent awards of Company common stock: A. “1st Common Stock Award” is 25 million shares of Company common stock; B. “2nd Common Stock Award” is 25 million shares of Company common stock; C. “3rd Common Stock Award” is 25 million shares of Company common stock; D. “4th Common Stock Award” is 25 million shares of Company common stock; E. “5th Common Stock Award” is 25 million shares of Company common stock; and F. “6th Common Stock Award” is 25 million shares of Company common stock.

Common Stock Award. The Director shall be granted Common Stock (the “Common Stock Award”) with a value of One Hundred Thousand Dollars ($100,000) annually. The first Common Stock Award will be made on the Initial Payment Date and subsequent Common Stock Awards will be made annually thereafter for the duration of the Directorship Term. The number of shares granted in the Common Stock Award shall be determined by dividing $100,000 by either (i) the fair market value per share of Common Stock, as determined in good faith by the Board, or (ii) the closing sale price of the Common Stock on the trading day immediately preceding the applicable Payment Date, as reported by the principal trading market for the Common Stock.

Common Stock Award. If Ireland’s employment is terminated for reasons other than "for cause" as defined in paragraph 6(d) or other than Ireland’s voluntary resignation pursuant to paragraph 6(b), the Company shall deliver to Ireland the full amount of Common Stock to which he is entitled pursuant to paragraph 5(c), according to the vesting schedule set forth therein. If Ireland’s employment is terminated "for cause", or if Ireland voluntarily resigns, then he shall not be entitled to receive any shares of Common Stock which have not yet vested pursuant to paragraph 5(c).