Grant of Stock Awards Sample Clauses

Grant of Stock Awards. The Company hereby grants to the Participant the total number of restricted stock units set forth above (the “Stock Awards”), subject to all of the terms and conditions of this Award Agreement and the Plan.
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Grant of Stock Awards. The Company will award to the Grantee, on the last day of each calendar month during the Term of the Consulting Agreement (each such day a “Grant Date”), Stock equating to the number of unrestricted shares of the Company's common stock, par value $0.01 per share (the “Common Stock”) which have a Fair Market Value as defined in the Consulting Agreement (the “FMV”), of $62,500.00 per month, pro-rated for any partial month.
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Grant of Stock Awards. Subject to and upon the terms, conditions and restrictions set forth in this Agreement and in the Plan, pursuant to authorization under a resolution of the Board or the Committee, the Company has granted to the Participant as of the Date of Grant, [Number of Shares Granted] Stock Awards (“Stock Awards”). Each Stock Award is a restricted stock unit that shall represent the right of the Participant to receive one share of Stock after full vesting thereof, subject to and upon the terms and conditions of this Agreement.
Sample 1
Grant of Stock Awards. The Company will award to the Grantee, on each of the Grant Dates during the Stub Period as defined in the Employment Agreement, Stock equating to the pro rata portion of unrestricted shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”) having a Fair Market Value as defined in the Employment Agreement (the “FMV”), of $ per month, pro-rated for any partial month. The Company will award to the Grantee, on each of the Grant Dates during the Initial Term as defined in the Employment Agreement, Stock equating to the pro rata portion of the Common Stock having a FMV of $ per year. Following the Initial Term, this Agreement shall be reviewed for possible increases (but not decreases) at the discretion of the Board as ratified by the Compensation Committee on an annual basis. The Grant Date for purposes of this Agreement shall be the date on which salary is customarily paid in accordance with the Company’s payroll policy for its other executives.
Sample 1
Grant of Stock Awards. The Company will award to the Grantee, on each of the Grant Dates during the Stub Period as defined in the Employment Agreement, Stock equating to the pro rata portion of unrestricted shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”) having a Fair Market Value as defined in the Employment Agreement (the “FMV”), of $62,500.00 per month, pro-rated for any partial month. The Company will award to the Grantee, on each of the Grant Dates during the Initial Term as defined in the Employment Agreement, Stock equating to the pro rata portion of the Common Stock having a FMV of $750,000.00 per year. Following the Initial Term, this Agreement shall be reviewed for possible increases (but not decreases) at the discretion of the Board as ratified by the Compensation Committee on an annual basis. The Grant Date for purposes of this Agreement shall be the date on which salary is customarily paid in accordance with the Company’s payroll policy for its other executives.
Sample 1
Grant of Stock Awards. The Board may, from time to time, subject to the provisions of the Plan and such other terms and conditions as it may determine, grant Stock Awards of shares of Common Stock not subject to vesting or forfeiture restrictions to Eligible Employees, Consultants or Eligible Directors. Stock Awards shall be awarded with respect to such number of shares of Common Stock and at such times during the term of the Plan as the Board shall determine. Each Stock Award shall be subject to an Award Agreement setting forth the terms of such Stock Award. The Board may in its sole discretion require a Participant to pay a stipulated purchase price for each share of Common Stock covered by a Stock Award.
Sample 1
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Grant of Stock Awards 
Sample 1

Related to Grant of Stock Awards

  • Grant of Stock Award In accordance with the Plan, and effective as of , 2013 (the “Date of Grant”), the Company granted to the Participant, subject to the terms and conditions of the Plan and this Agreement, a Stock Award of shares of Common Stock (the “Stock Award”).

  • Grant of Stock Units Pursuant to the terms and conditions set forth in this Stock Award Agreement (including Section 1 above) and the Plan, the Administrator hereby grants to the Awardee named in Section 1, on the Grant Date set forth in Section 1, the number of Stock Units set forth in Section 1.

  • Grant of Stock Options This non-qualified Stock Option is granted under and pursuant to the Plan and is subject to each and all of the provisions thereof.

  • Grant of Stock Appreciation Right Subject to the terms and conditions provided in this Agreement and the Plan, and in exchange for the Option, the Company hereby grants to the Grantee a stock appreciation right covering _______ shares of Common Stock (the "SAR"), effective as of the Grant Date.

  • Grant of Stock Appreciation Rights Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants this Award to the Participant on the Grant Date on the terms set forth on the cover page of this Agreement, as more fully described in this Attachment A. This Award is granted under the Plan, which is incorporated herein by this reference and made a part of this Agreement.

  • Grant of Stock The Company hereby grants to Executive an aggregate of ___________ shares of Restricted Stock (the “Shares”), subject to vesting as provided in Section 2.

  • Grant of Stock Option The Company grants to Employee the right and option (hereinafter referred to as the "Option") to purchase all or any part of up to ________ shares of the Company's Common Stock (the "Option Shares") on the terms and conditions set forth below and in the Plan.

  • Grant of SARs Subject to the terms and conditions of the Plan, SARs may be granted to Employees and Consultants at any time and from time to time as shall be determined by the Committee, in its sole discretion. The Committee shall have complete discretion to determine the number of SARs granted to any Participant, provided that during any Fiscal Year, no Participant shall be granted SARs covering more than 500,000 Shares.

  • Grant of Restricted Stock Award The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be either registered in the name of the Participant and held by the Company, together with a stock power executed by the Participant in favor of the Company, pending the vesting or forfeiture of the Restricted Stock, or registered in the name of, and delivered to, the Participant. Notwithstanding the foregoing, the Company may in its sole discretion, issue Restricted Stock in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awards. If certificated, the certificates evidencing the Restricted Stock Award will bear a legend restricting the transferability of the Restricted Stock. The Restricted Stock awarded to the Participant will not be sold, encumbered hypothecated or otherwise transferred except in accordance with the terms of the Plan and this Agreement.

  • Award of Stock Pursuant to the Plan, the Number of Shares of Restricted Stock Granted shown above (the “Restricted Stock”) were awarded to the Participant on the Date of Grant shown above, subject to the terms and conditions of the Plan, and subject further to the terms and conditions set forth in this Agreement.

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