Common use of Consideration for Grant of Restricted Stock Clause in Contracts

Consideration for Grant of Restricted Stock. Participant shall be required to pay no cash consideration for the grant of the Restricted Stock, but Participant's performance of services to the Company prior to the vesting of the Restricted Stock shall be deemed to be consideration for this grant of Restricted Stock. Participant's services performed on the Grant Date are hereby determined to have a value at least equal to the aggregate par value of the shares being newly issued in connection with the grant of Restricted Stock.

Consideration for Grant of Restricted Stock. Participant Employee shall be required to pay no cash consideration for the grant of the Restricted Stock, but Participant's Employee’s performance of services to the Company prior to the vesting of the Restricted Stock shall be deemed to be consideration for this grant of Restricted Stock. Participant's Employee’s services performed on from the Grant Date are to the date of issuance of the shares of Restricted Stock is hereby determined to have a value at least equal to the aggregate par value of the shares being newly issued in connection with the grant of Restricted Stock.