Common use of Issuance of Shares upon Vesting Clause in Contracts

Issuance of Shares upon Vesting. Subject to the provisions of Sections 3 and 6 of this Agreement, upon vesting of the Shares in accordance with Section 2 of this Agreement, the Company shall (a) provide Employee with prompt notice of such vesting event and (b) issue the Shares to Employee for no additional consideration.

Appears in 7 contracts

Samples: Restricted Stock Unit Agreement (Lexicon Pharmaceuticals, Inc.), Restricted Stock Unit Agreement (Lexicon Pharmaceuticals, Inc.), Restricted Stock Unit Agreement (Lexicon Pharmaceuticals, Inc.)

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Issuance of Shares upon Vesting. Subject to the provisions of Sections 3 and 6 of this Agreement, upon vesting of the Shares in accordance with Section 2 of this Agreement, the Company shall (a) provide Employee with prompt notice of such vesting event and (b) issue the Shares to Employee for no additional consideration. 4.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Lexicon Pharmaceuticals, Inc./De)

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