Grant and Acceptance. Pursuant to the [_____], 20[__] authorization to grant shares of restricted stock to the current employees, the Company does hereby grant and transfer to the Grantee, for no cash consideration from the Grantee, and the Grantee does hereby accept from the Company, an aggregate of [_______] shares (the “Award Shares”) of the Common Stock, $0.01 par value per share, of the Company (the “Common Stock”) according to the terms and conditions and subject to the restrictions hereinafter set forth.
Grant and Acceptance. Pursuant to the [__________], 20[__] authorization to grant performance units to current executive officers, the Company does hereby grant and transfer to the Grantee, for no cash consideration from the Grantee, and the Grantee does hereby accept from the Company, an aggregate of «Target» performance units (the “Performance Units”), which are convertible into shares of Common Stock, $0.01 par value per share, of the Company (the “Common Stock”) according to the terms and conditions and subject to the restrictions, forfeiture risks and other terms and conditions hereinafter set forth.
Grant and Acceptance. On the terms and conditions set forth in this Agreement, (a) Optionor hereby grants to Optionee an option (the "Put Option") to sell to Optionor the Optioned Units at the Option Exercise Price and (b) Optionee hereby confirms its acceptance of the Put Option.
Grant and Acceptance. The GTIB hereby makes and Recipient hereby accepts this grant for a transportation project (“Grant”) in the Grant Amount for the Grant Purpose upon the terms and conditions of this Agreement. The Recipient agrees that the Grant Amount (a) will be spent pursuant to the breakdown set forth in Exhibit B and pursuant to the terms of this Agreement and (b) will not be used for expenses already incurred or paid for by Recipient before the Effective Date, unless such expenses are expressly authorized in advance and in writing by the GTIB. If Recipient does not use the Grant Amount pursuant to the breakdown set forth in Exhibit B, then Recipient shall advise the GTIB immediately of such change. Any revision to the breakdown of the Grant Amount as set forth in Exhibit B must be agreed to by the Parties and evidenced by an amendment to this Agreement. In the event a reallocation cannot be agreed to or a reallocation is not otherwise needed, then the Recipient’s authority to expend or contractually obligate the unencumbered Grant Amount will expire upon notification to the Recipient by the GTIB. If the GTIB delivered the Grant Amount to the Recipient, then that portion of the Grant Amount that will not be reallocated must be repaid to the GTIB no later than thirty (30) days after notification to the Recipient by the GTIB.
Grant and Acceptance. Lessor agrees to lease to Lessee and Lessee agrees to lease from Lessor the Property, which consists of real estate legally described in Exhibit "A," for the Lease Term described above. The Property has been inspected by Lessee and is accepted in its present condition, with any and all defects, apparent or otherwise; subject to the provisions of Article I-8 above.
Grant and Acceptance. H Power grants to ECO Fuel Cells and ECO Fuel Cells accepts the exclusive right to sell, distribute, lease, finance, service, and otherwise handle the Fuel Cell Products ("Distribution Rights") in all the counties or part thereof in the United States (including the District of Columbia; and areas that are not a part of any county, such as Arlington, VA) in which Cooperative Members provide were providing energy services as of August 15, 1999 (including, but not limited to electricity, natural gas, propane and other fuels), as set forth in Schedule B ("Territory").
Grant and Acceptance. Pursuant to the December 18, 2013 authorization to grant performance units to current executive officers, the Company does hereby grant and transfer to the Grantee, for no cash consideration from the Grantee, and the Grantee does hereby accept from the Company, an aggregate of «Target» performance units (the “Performance Units”), which are convertible into shares of Common Stock, $0.01 par value per share, of the Company (the “Common Stock”) according to the terms and conditions and subject to the restrictions, forfeiture risks and other terms and conditions hereinafter set forth.
Grant and Acceptance. CMS hereby grants and DKSH accepts the sole and exclusive right to provide the Activities for the Products in the Territory during the Term of this Agreement. CMS shall support the provision of Activities by DKSH for the Products during the Term of the Agreement and shall refrain from activities that will impede the Activities of DKSH. DKSH shall not obtain or purchase the Product from any person other than CMS, and shall not conduct any act which will directly or indirectly have an adverse impact on CMS’s business, goodwill and branding strategy of Products during its performance of its obligations under this Agreement.
Grant and Acceptance. Landlord leases the Premises to Tenant and Tenant accepts the Premises from Landlord for the Lease Term, upon and subject to the terms and conditions set forth in this Lease.
Grant and Acceptance. The Company does hereby grant and transfer to the Grantee, for no cash consideration from the Grantee, and the Grantee does hereby accept from the Company, an aggregate of [ ] shares (the “Award Shares”) of the Common Stock, $0.01 par value per share, of the Company (the “Common Stock”) according to the terms and conditions and subject to the restrictions hereinafter set forth.
