Common use of Condition of Grant Clause in Contracts

Condition of Grant. It shall be a condition to the acceptance of this RSU by the Participant that the Participant execute and deliver to the Company with the executed Notice of Grant (i) the Investment Representations attached as Exhibit B, and (ii) the counterpart signature page to the Company’s Common Stockholders Agreement, as it may be amended from time to time and attached as Exhibit C, with both such executed documents (the “Execution Documents”) being held in escrow by the Company until such time, if ever, that the RSUs vest pursuant to this Agreement, at which time such Execution Documents shall become effective immediately and automatically without any further action on the part of the Company or the Participant. It is a further condition to the acceptance of this RSU by the Participant that the Participant acknowledge and agree to be bound by the provisions set forth in the Confidentiality and Noncompetition Agreement attached hereto as Exhibit D.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Ikaria, Inc.), Restricted Stock Unit Agreement (Ikaria, Inc.), Restricted Stock Unit Agreement (Performance Vested) (Ikaria, Inc.)

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