Common use of Issuance of Restricted Shares Clause in Contracts

Issuance of Restricted Shares. (a) The Restricted Shares are issued to the Participant, effective as of the Grant Date set forth in the Notice of Grant, in consideration of services rendered and to be rendered by the Participant to the Company. (b) The Restricted Shares will be issued by the Company in book entry form only, in the name of the Participant. The Participant agrees that the Restricted Shares shall be subject to the forfeiture provisions set forth in Section 3 of this Agreement and the restrictions on transfer set forth in Section 4 of this Agreement.

Issuance of Restricted Shares. (a) The Restricted Shares are issued to the ParticipantRecipient, effective as of the Grant Date (as set forth in on the Notice cover page of Grantthis Agreement), in consideration of services rendered and to be rendered by the Participant Recipient to the Company. (b) The Restricted Shares will be issued by the Company in book entry form onlyform, in the name of the ParticipantRecipient. The Participant Recipient agrees that the Restricted Shares shall be subject to the forfeiture provisions set forth in Section 3 of this Agreement and the restrictions on transfer set forth in Section 4 of this Agreement.

Issuance of Restricted Shares. (a) The Restricted Shares are issued to the ParticipantRecipient, effective as of the Grant Date (as set forth in on the Notice cover page of Grantthis Agreement), in consideration of employment services rendered and to be rendered by the Participant Recipient to the Company. (b) . The Restricted Shares will be issued by the Company held in book entry form only, by the Company’s transfer agent in the name of the ParticipantRecipient. The Participant Recipient agrees that the Restricted Shares shall be subject to the forfeiture provisions set forth in Section 3 2(b) of this Agreement and the restrictions on transfer set forth in Section 4 of this Agreement.

Issuance of Restricted Shares. (a) The Restricted Shares are issued to the ParticipantRecipient, effective as of the Grant Date (as set forth in on the Notice cover page of Grantthis Agreement), in consideration of services rendered and to be rendered by the Participant Recipient to the CompanyCompany as an independent sales representative (the “Independent Sales Representative”). (b) The Restricted Shares will be issued by the Company in book entry form onlyform, in the name of the ParticipantRecipient. The Participant Recipient agrees that the Restricted Shares shall be subject to the forfeiture provisions set forth in Section 3 of this Agreement and the restrictions on transfer set forth in Section 4 of this Agreement.