Common use of Grant of Restricted Shares or Share Units Clause in Contracts

Grant of Restricted Shares or Share Units. Awards of Restricted Shares or Share Units may be made for consideration or no consideration (other than the par value of the Shares which shall be deemed paid by past Service or, if so provided in the related Award Agreement or a separate agreement, the promise by the Grantee to perform future Service to the Company or an Affiliate of the Company).

Appears in 3 contracts

Samples: Equity Incentive Plan (QTS Realty Trust, Inc.), RLJ Lodging Trust, RLJ Lodging Trust

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Grant of Restricted Shares or Share Units. Awards of Restricted Shares or Share Units may be made for consideration or no consideration (other than the par value of the Shares which shall be is deemed paid by past Service or, if so provided in the related Award Agreement or a separate agreement, the promise by the Grantee to perform future Service to the Company or an Affiliate of the CompanyServices already rendered).

Appears in 1 contract

Samples: Colonial Properties Trust

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