Common use of Grant of the Award Clause in Contracts

Grant of the Award. This Award represents the right to be issued on a future date the number of shares of the Company’s Common Stock as indicated in the Grant Notice. As of the Date of Grant, the Company will credit to a bookkeeping account maintained by the Company for your benefit (the “Account”) the number of shares of Common Stock subject to the Award. This Award was granted in consideration of your services to the Company. Except as otherwise provided herein, you will not be required to make any payment to the Company (other than past and future services to the Company) with respect to your receipt of the Award, the vesting of the shares or the delivery of the underlying Common Stock.

Appears in 8 contracts

Samples: Employment Agreement (Cardionet Inc), Restricted Stock Unit Agreement (Cypress Bioscience Inc), Employment Agreement (Cardionet Inc)

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Grant of the Award. This Award represents the right to be issued on a future date the number of shares of the Company’s Common Stock as indicated in the Grant Notice. As of the Date of Grant, the Company will credit to a bookkeeping account maintained by the Company for your benefit (the “Account”) the number of shares of Common Stock subject to the Award. This Award was granted in consideration of your services to the Company. Except as otherwise provided herein, you will not be required to make any payment to the Company (other than past and future services to the Company) with respect to your receipt of the Award, the vesting of the shares or the delivery of the underlying Common Stock.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Exelixis, Inc.), Restricted Stock Unit Agreement (Exelixis, Inc.), Option Agreement (Exelixis, Inc.)

Grant of the Award. This Award represents the right to be issued on a future date the number of shares of the Company’s Common Stock as indicated in the Grant Notice. As of the Date of Grant, the Company will credit to a bookkeeping account maintained by the Company for your benefit (the “Account”) the number of shares of Common Stock subject to the Award. This Award was granted in consideration of your services to the Company. Except as otherwise provided herein, you will not be required to make any payment to the Company or an Affiliate (other than past and future services to the CompanyCompany or an Affiliate) with respect to your receipt of the Award, the vesting of the shares or the delivery of the underlying Common Stock.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Exelixis, Inc.), Restricted Stock Unit Agreement (Exelixis, Inc.), Restricted Stock Unit Agreement (Exelixis, Inc.)

Grant of the Award. This Award represents the right to be issued on a future date the number of shares of the Company’s Common Stock as that is equal to the number of stock units indicated in the Grant NoticeNotice (the “Stock Units”). As of the Date of Grant, the Company will credit to a bookkeeping account maintained by the Company for your benefit (the “Account”) the number of shares of Common Stock Units subject to the Award. This Award was granted in consideration of your services to the Company. Except as otherwise provided herein, you will not be required to make any payment to the Company (other than past and future services to the Company) with respect to your receipt of the Award, the vesting of the shares Stock Units or the delivery of the underlying Common StockStock which may be issued in respect of the Award.

Appears in 1 contract

Samples: Global Restricted Stock Unit Agreement (Ionis Pharmaceuticals Inc)

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Grant of the Award. This Award represents the right to be issued on a future date the number of shares of the Company’s 's Common Stock as indicated in the Grant Notice. As of the Date of Grant, the Company will credit to a bookkeeping account maintained by the Company for your benefit (the “Account”) the number of shares of Common Stock subject to the Award. This Award was granted in consideration of your services to the Company. Except as otherwise provided herein, you will not be required to make any payment to the Company (other than past and future services to the Company) with respect to your receipt of the Award, the vesting of the shares or the delivery of the underlying Common Stock.

Appears in 1 contract

Samples: Restricted Stock Unit Grant Agreement (Power Integrations Inc)

Grant of the Award. This Award represents the right to be issued on a future date the number of shares of the Company’s Common Stock as indicated in the Grant Notice. As of the Date of Grant, the Company will credit to a bookkeeping account maintained by the Company for your benefit (the “Account”) the number of shares of Common Stock subject to the Award. This Award was granted in consideration of your services to the CompanyCompany or an Affiliate. Except as otherwise provided herein, you will not be required to make any payment to the Company (other than past and future services to the CompanyCompany or an Affiliate) with respect to your receipt of the Award, the vesting of the shares or the delivery of the underlying Common Stock.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (OMNICELL, Inc)

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