Grant of the Restricted Shares. Pursuant to Section 5 of the Plan, the Company hereby grants to the Participant a Restricted Share Award (this “Award”) consisting of, in the aggregate, <grant> Restricted Shares, in consideration for services to be rendered by the Participant to the Company. The Restricted Shares shall be subject to the Company’s Repurchase Right (as described in Section 3). Capitalized terms used but not defined in this Restricted Share Award Agreement are defined in the Plan.
Appears in 4 contracts
Samples: Long Term Incentive Plan Agreement (White Mountains Insurance Group LTD), Restricted Share Award Agreement (White Mountains Insurance Group LTD), Restricted Share Award Agreement (OneBeacon Insurance Group, Ltd.)
Grant of the Restricted Shares. Pursuant to Section 5 of the Plan, the Company hereby grants to the Participant a Restricted Share Award (this “Award”) consisting of, in the aggregate, <grant> Restricted Shares, in consideration for services to be rendered by the Participant to the Company. The Restricted Shares shall be subject to the Company’s Repurchase Right (as described 's option to repurchase such shares, in accordance with the provisions of Section 3)2 hereof. Capitalized terms used but not defined in this Restricted Share Award Agreement are defined in the Plan.
Appears in 3 contracts
Samples: Restricted Share Award Agreement (OneBeacon Insurance Group, Ltd.), Long Term Incentive Plan Agreement (OneBeacon Insurance Group, Ltd.), Restricted Share Award Agreement (OneBeacon Insurance Group, Ltd.)
