Common use of Grant of Share Award Clause in Contracts

Grant of Share Award. Subject to the terms and conditions set forth herein, the Company hereby grants to Participant the Share Award and Participant hereby acknowledges the restrictions on the Share Award. This Share Award is in addition to share awards previously made to Participant. This Share Award is intended to be a portion of the Award (as defined in the Binding Memorandum of Understanding, dated September 26, 2016, by and between the Company and the Participant (the “MOU”)) that the Company agreed to make to the Participant in the MOU. The Share Award is subject to the terms and conditions of the Plan now in effect and as they may be amended from time to time in accordance with the Plan. The terms and conditions of the Plan are and automatically shall be incorporated herein by reference and made a part hereof.

Grant of Share Award. Subject to the terms and conditions set forth herein, the Company hereby grants to Participant the Share Award and Participant hereby acknowledges the restrictions on the Share Award. This Share Award is in addition to share awards Share Awards previously made to Participant. This Share Award is intended to be a portion for the specific purpose of providing appropriate incentives for the retention of the Award Participant beyond the current term of his Employment Agreement (as defined in the Binding Memorandum of Understandingoriginally executed January 24, dated September 26, 2016, by and between the Company and the Participant (the “MOU”2014)) that the Company agreed to make to the Participant in the MOU. The Share Award is subject to the terms and conditions of the Plan now in effect and as they may be amended from time to time in accordance with the Plan. The terms and conditions of the Plan are and automatically shall be incorporated herein by reference and made a part hereof.

Grant of Share Award. Subject to the terms and conditions set forth herein, the Company hereby grants to Participant the Share Award and Participant hereby acknowledges the restrictions on the Share Award. This Share Award is in addition to share awards previously made to Participant. This Share Award is intended to be a portion of the Award (as defined in the Binding Memorandum of Understanding, dated September 26, 2016, by and between the Company and the Participant (the “MOU”)) that the Company agreed to make to the Participant in the MOU. The Share Award is subject to the terms and conditions of the Plan now in effect and as they may be amended from time to time in accordance with the Plan. The terms and conditions of the Plan are and automatically shall be incorporated herein by reference and made a part hereof.