Issuance of Shares of Stock. Subject to the provisions of Section 5.3 below, the Company shall issue to the Grantee on the Settlement Date with respect to each Vested Unit to be settled on such date one (1) share of Stock.
Appears in 9 contracts
Samples: Restricted Stock Units Agreement (Pure Bioscience, Inc.), Restricted Stock Units Agreement (Pure Bioscience, Inc.), Restricted Stock Units Agreement (Pure Bioscience, Inc.)
Issuance of Shares of Stock. Subject to the provisions of Section 5.3 below, the Company shall issue to the Grantee on the Settlement Date with respect to each Vested Unit to be settled on such date one (1) share of Stock. Shares of Stock issued in settlement of Units are not registered under federal or state securities laws.
Appears in 2 contracts
Samples: Restricted Stock Units Agreement (Pure Bioscience, Inc.), Restricted Stock Units Agreement (Pure Bioscience, Inc.)