Common use of Grant of the Restricted Stock Clause in Contracts

Grant of the Restricted Stock. Subject to the terms and conditions of this Agreement, the Company hereby awards to the Grantee 40,000 shares of common stock of the Company (the “Shares”). The Shares, whether vested or unvested, shall be subject to the terms of the Company’s Voting Trust Agreement and Lock-up Agreement, if applicable. The Company shall issue a Voting Trust Certificate in the name of the Grantee, reflecting the shares held in the Voting Trust.

Grant of the Restricted Stock. Subject to the terms and conditions of this Agreement, the Company hereby awards to the Grantee 40,000 66,667 shares of common stock of the Company (the “Shares”). The Shares, whether vested or unvested, shall be subject to the terms of the Company’s Voting Trust Agreement and Lock-up Agreement, if applicable. The Company shall issue a Voting Trust Certificate in the name of the Grantee, reflecting the shares held in the Voting Trust.

Grant of the Restricted Stock. Subject to the terms and conditions of this Agreement, the Company hereby awards to the Grantee 40,000 133,333 shares of common stock of the Company (the “Shares”). The Shares, whether vested or unvested, shall be subject to the terms of the Company’s Voting Trust Agreement and Lock-up Agreement, if applicable. The Company shall issue a Voting Trust Certificate in the name of the Grantee, reflecting the shares held in the Voting Trust.

Grant of the Restricted Stock. Subject to the terms and conditions of this Agreement, the Company hereby awards to the Grantee 40,000 113,333 shares of common stock of the Company (the “Shares”). The Shares, whether vested or unvested, shall be subject to the terms of the Company’s Voting Trust Agreement and Lock-up Agreement, if applicable. The Company shall issue a Voting Trust Certificate in the name of the Grantee, reflecting the shares held in the Voting Trust.