Grant of Deferred Stock. Subject to and consistent with the provisions of the Plan and applicable requirements of Code Sections 409A(a)(2), (3), and (4), the Committee, at any time and from time to time, may grant Deferred Stock to any Eligible Person in such number, and upon such terms, as the Committee, at any time and from time to time, shall determine (including, to the extent allowed by the Committee, grants at the election of a Grantee to convert Shares to be acquired upon lapse of Restrictions on Restricted Stock or Restricted Stock Units into such Deferred Stock). A Grantee shall have no voting rights in Deferred Stock.
Grant of Deferred Stock. (a) Pursuant to the terms and conditions set forth in this Agreement and the Plan, the Company hereby grants (“Grant”) to Grantee, as of the Grant Date, the right to receive from the Company shares of the common stock, par value $.0001 per share, of the Company (the “Deferred Stock”). The Deferred Stock underlying this Grant may not be transferred by Grantee or subjected to any security interest until the restrictions have lapsed in accordance with the terms of the Plan and the terms and conditions of this Agreement.
Grant of Deferred Stock. The Company hereby grants to you, effective on the Grant Date (shown above), the right to receive shares of Class B Common Stock of the Company (“Shares”) following your termination of employment as described in Section 6 below. Before the Shares are delivered to you, they are referred to in this Agreement as “Deferred Stock.” Until the Shares are delivered to you, you will have no rights as a stockholder of the Company with respect to the Deferred Stock.
Grant of Deferred Stock. The Company hereby grants to the Participant effective February 5, 2004 (the "Effective Date"), subject to the terms and conditions of The Williams Companies, Inc.'s 2002 Incentive Plan (the "Plan") and xxxx Xxreement, the right to receive a total of XX,XXX shares of the Common Stock of the Company at the end of the initial deferral period (as defined herein). These shares are referred to in the Agreement as "Deferred Stock" during the initial deferral period and during the extended deferral period (as defined herein). Until the Deferred Stock vests and is paid, the Participant shall have no rights as a stockholder of the Company with respect to the Deferred Stock.
Grant of Deferred Stock. On the IPO Date, the Executive shall be granted shares of deferred stock in accordance with the Deferred Stock Grant Agreement attached hereto as Exhibit B. Notwithstanding the foregoing, (i) if a Change in Control occurs prior to the IPO Date, the Executive shall be entitled to receive, in lieu of the deferred stock grant described in Exhibit B, a cash lump-sum payment within 15 days after the Change in Control equal to $1,000,000; and (ii) if neither the IPO Date nor a Change in Control has occurred on or prior to December 31, 1997, the Executive shall be entitled to receive, in lieu of the deferred stock grant described in Exhibit B, a cash lump-sum payment within 15 days after the delivery of the valuation opinion described in Section 6(b) equal to $1,000,000, but only if such valuation opinion is equal to or greater than $300,000,000.
Grant of Deferred Stock. DESTINATION XL GROUP, INC., a Delaware corporation (the “Company”), hereby grants, as of ____________________ (“Date of Grant”), to _______________ (the “Participant”) an award (the “Award”) of deferred stock (the “Deferred Stock”) of ____ shares of the Company’s common stock, $.01 par value per share, subject to the terms and conditions as set forth herein. This deferred stock award agreement (the “Agreement”) is issued pursuant to the Company’s 2006 Incentive Compensation Plan (as amended and restated August 1, 2013) (the “2006 Plan”) and the Company’s Amended and Restated Non-Employee Director Compensation Plan (the “Non-Employee Director Plan”), which are incorporated herein for all purposes. The Participant hereby acknowledges receipt of copies of the 2006 Plan and the Non-Employee Director Plan and agrees to be bound by all of the terms and conditions hereof and thereof and all applicable laws and regulations.
Grant of Deferred Stock. Subject to the terms and conditions of The Xxxxxxxx Companies, Inc. 2002 Incentive Plan, as amended from time to time (the “Plan”), this Agreement and the 2006 Award Letter, the Company hereby grants an award (the “Award”) to the Participant of shares effective (the “Effective Date”). The Award gives the Participant the opportunity to earn the right to receive the number of shares of the Common Stock of the Company shown in the prior sentence, subject to adjustment under the terms of this Agreement. These shares are referred to in this Agreement as the “Deferred Stock.” Until the Participant both becomes entitled to payment of the Deferred Stock under the terms of Paragraph 4 and is paid such shares under the terms of Paragraph 5, the Participant shall have no rights as a stockholder of the Company with respect to the Deferred Stock.
Grant of Deferred Stock. Subject to the terms and conditions of The Xxxxxxxx Companies, Inc. 2002 Incentive Plan (the “Plan”), this Agreement, and the Performance-Based Deferred Stock Award Letter, the Company hereby grants an Award to the Participant, effective February 25, 2005 (the “Effective Date”), under which the Participant has the opportunity to earn the right to receive the number of shares of the Common Stock of the Company shown in the Performance-Based Deferred Stock Award Letter. These shares are referred to in the Agreement as “Deferred Stock.” Until the Deferred Stock both vests under the terms of Paragraph 4 and is paid under the terms of Paragraph 5, the Participant shall have no rights as a stockholder of the Company with respect to the Deferred Stock.
Grant of Deferred Stock. The Company hereby grants to the Director under the Plan an award of 2,000 shares of Deferred Stock, subject to all of the terms and conditions in this Agreement and the Plan. A share of Deferred Stock shall represent the right to receive a share of Common Stock distributed on a deferred basis in accordance with the terms and conditions of the Plan and this Agreement.
Grant of Deferred Stock. The Company hereby grants to the Grantee an Award of Deferred Stock, subject to the vesting and other terms and conditions of this Agreement and the Plan. Provided that the vesting conditions in Section 3 are satisfied, the Grantee will receive that number of shares of Common Stock, payable in accordance with Section 4, equal to $_______ for each month that the Grantee serves as __________ of the Company during the “Deferral Period” (as defined below), prorated for any partial month of service, and calculated on a monthly basis by using the 30-day average of the closing prices of shares of Common Stock as reported on the Nasdaq Global Market immediately prior to and including the last calendar day of the applicable month of service. If the calculation of Deferred Stock for an applicable month or partial month of service results in fractional shares of Common Stock, the number of shares of Common Stock for such applicable month or partial month shall be rounded down to the nearest whole share of Common Stock. For purposes hereof, the “Deferral Period” shall be the period of time between Xxxxxxx’s appointment as interim Chief Executive Officer of the Company and the termination of the Grantee’s appointment as interim Chief Executive Officer of the Company.
