Common use of Consideration for Award Shares Clause in Contracts

Consideration for Award Shares. To ensure compliance with applicable state corporate law, the Company may require you to furnish consideration in the form of cash or cash equivalents equal to the par value of the Award Shares and you hereby authorize the Company to withhold such amount from remuneration otherwise due you from the Company.

Appears in 13 contracts

Samples: Restricted Stock Agreement (Atlas Lithium Corp), Restricted Stock Agreement (Atlas Lithium Corp), Restricted Stock Agreement (Skyward Specialty Insurance Group, Inc.)

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Consideration for Award Shares. To ensure compliance with applicable state corporate law, the Company may require you to furnish consideration in the form of cash or cash equivalents equal to the par value of the Award Shares and you hereby authorize the Company to withhold such amount from remuneration otherwise due you from the Company.. EAST\147210910.1 4

Appears in 1 contract

Samples: Restricted Stock Agreement (Marchex Inc)

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