Grant of Stock Award. Subject to all of the terms, conditions and provisions of the Plan and of this Agreement, the Company hereby grants to Grantee under Section 10 of the Plan shares of the common stock of the Company, par value one cent ($0.01) per share (the “Common Stock”), which shares will consist of authorized but unissued shares or issued shares reacquired by the Company. Such shares are being issued as a stock award in the form of performance shares under the Plan.
Appears in 5 contracts
Samples: Agreement for Employees (Xto Energy Inc), 2004 Stock Incentive Plan (Xto Energy Inc), Agreement for Employees (Xto Energy Inc)
Grant of Stock Award. Subject to all of the terms, conditions and provisions of the Plan and of this Agreement, the Company hereby grants to Grantee under Section 10 of the Plan shares of the common stock of the Company, par value one cent ($0.01) per share (the “Common Stock”), which shares will consist of authorized but unissued shares or issued shares reacquired by the Company. Such shares are being issued as a stock award in the form of performance restricted shares under the Plan.
Appears in 2 contracts
Samples: Agreement (Xto Energy Inc), 2004 Stock Incentive Plan (Xto Energy Inc)
