Common use of Issuance of Restricted Stock Clause in Contracts

Issuance of Restricted Stock. A. The Corporation shall issue such number of shares of Restricted Stock as are to be issued to the Corporation Service Provider in accordance with the terms of the Plan. B. Concurrently with or prior to such issuance, a Corporation Service Provider shall pay the purchase price (if any) of the Restricted Stock to the Corporation in exchange for the issuance of the Restricted Stock. C. Prior to the Vesting Date (as defined below), the Corporation shall pay dividends to the holder of the Restricted Stock and make any other payments to the Corporation Service Provider (less any applicable withholding and other payroll taxes) as the terms of the Restricted Stock Award Agreement provide for. The Corporation and the Operating Company shall treat such payments as having been made by the Corporation, and the Corporation shall report such payments as compensation to the Corporation Service Provider for all purposes. Prior to the Vesting Date (as defined below), the Operating Company shall pay to, or with respect to, the Corporation the amount of any such payments that the Corporation is required to pay to or with respect to the Corporation Service Provider as a reimbursement of Corporation expenses pursuant to Section 6.06 of the Operating Agreement.

Issuance of Restricted Stock. A. The Corporation shall issue such number of shares of Restricted Stock (as are to be issued defined in the Plan) to the Corporation Service Provider in accordance with the terms of the Plan. B. Concurrently with or prior to such issuance, a Corporation Service Provider shall pay the purchase price (if any) of the Restricted Stock to the Corporation in exchange for the issuance of the Restricted Stock. C. Prior to the Vesting Date (as defined below), the Corporation shall pay dividends to the holder of the Restricted Stock and make any other payments to the Corporation Service Provider (less any applicable withholding and other payroll taxes) as the terms of the Restricted Stock Award Agreement award provide for. The Corporation and the Operating Company shall treat such payments as having been made by the Corporation, and the Corporation shall report such payments as compensation to the Corporation Service Provider for all purposes. Prior to the Vesting Date (as defined below), the Operating Company shall pay to, or with respect to, to the Corporation the amount of any such payments that the Corporation is required to pay to or with respect to the Corporation Service Provider Provider, as a reimbursement of Corporation expenses pursuant to Section 6.06 of the Operating Agreement.

Issuance of Restricted Stock. A. The Corporation shall issue such number of shares of Restricted Stock (as defined in the Plan) as are to be issued to the Corporation Service Provider in accordance with the terms of the Plan. B. Concurrently with or prior to such issuance, a Corporation Service Provider shall pay the purchase price (if any) of the Restricted Stock to the Corporation in exchange for the issuance of the Restricted Stock. C. Prior to the Vesting Date (as defined below), the Corporation shall pay dividends to the holder of the Restricted Stock and make any other payments to the Corporation Service Provider (less any applicable withholding and other payroll taxes) as the terms of the Restricted Stock Award Agreement award provide for. The Corporation and the Operating Company shall treat such payments as having been made by the Corporation, and the Corporation shall report such payments as compensation to the Corporation Service Provider for all purposes. Prior to the Vesting Date (as defined below), the Operating Company shall pay to, or with respect to, to the Corporation the amount of any such payments that the Corporation is required to pay to or with respect to the Corporation Service Provider Provider, as a reimbursement of Corporation expenses pursuant to Section 6.06 of the Operating Agreement.

Issuance of Restricted Stock. A. The Corporation shall issue such number of shares of Restricted Stock (as defined in the Plan) as are to be issued to the Corporation Service Provider in accordance with the terms of the Plan. B. Concurrently with or prior to such issuance, a Corporation Service Provider shall pay the purchase price (if any) of the Restricted Stock to the Corporation in exchange for the issuance of the Restricted Stock. C. Prior to the Vesting Date (as defined below), the Corporation shall pay dividends to the holder of the Restricted Stock and make any other payments to the Corporation Service Provider (less any applicable withholding and other payroll taxes) as the terms of the Restricted Stock Award Agreement award provide for. The Corporation and the Operating Company shall treat such payments as having been made by the Corporation, and the Corporation shall report such payments as compensation to the Corporation Service Provider for all purposes. Prior to the Vesting Date (as defined below), the Operating Company shall pay to, or with respect to, to the Corporation the amount of any such payments that the Corporation is required to pay to or with respect to the Corporation Service Provider Provider, as a reimbursement of Corporation expenses pursuant to Section 6.06 7.06 of the Operating Agreement.