Common use of Grant of Deferred Stock Clause in Contracts

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. (a) Pursuant Subject to the terms and conditions set forth herein and in this Agreement and the Plan, the Company hereby grants (“Grant”) to Grantee, as of [Date] (the Grant Date“Date of Grant”), 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 these terms and conditions of this Agreementconditions.

Grant of Deferred Stock. (a) Pursuant Subject to the terms and conditions set forth herein and in this Agreement and the Plan, the Company hereby grants (“Grant”) to Grantee, as of September 9, 2010 (the Grant Date“Date of Grant”), 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 Agreementhereof.