Common use of No Monetary Payment Required Clause in Contracts

No Monetary Payment Required. The Participant is not required to make any monetary payment (other than applicable tax withholding, if any) as a condition to receiving the Shares, the consideration for which shall be past services actually rendered and/or future services to be rendered to the Company or for its benefit.

Appears in 11 contracts

Samples: Restricted Stock Agreement (Axt Inc), Restricted Stock Agreement (Accredited Home Lenders Holding Co), Restricted Stock Agreement (Invitrogen Corp)

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No Monetary Payment Required. The Participant is not required to make any monetary payment (other than applicable tax withholding, if any) as a condition to receiving the SharesUnits or Shares issued upon settlement of the Units, the consideration for which shall be past services actually rendered and/or future services to be rendered to the Company or and/or its Subsidiaries for its benefit.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (TherapeuticsMD, Inc.), Restricted Stock Unit Agreement (TherapeuticsMD, Inc.), Employment Agreement (TherapeuticsMD, Inc.)

No Monetary Payment Required. The Participant is not required to make any monetary payment (other than to satisfy applicable tax withholding, if any, with respect to the issuance or vesting of the Units) as a condition to receiving the SharesUnits, the consideration for which shall be past services actually rendered and/or or future services to be rendered to the a Participating Company or for its benefit.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Magnachip Semiconductor LLC), Securities Purchase Agreement (Magnachip Semiconductor LLC)

No Monetary Payment Required. The Participant is not required to make any monetary payment (other than applicable tax withholding, if any) as a condition to receiving the Shares, the consideration for which shall be past services actually rendered and/or future services to be rendered to the a Participating Company or for its benefit; provided that Participant shall have rendered such past services having a value not less than the par value of the Shares.

Appears in 1 contract

Samples: Restricted Stock Agreement (Granite Construction Inc)

No Monetary Payment Required. The Participant is not required to make any monetary payment (other than applicable tax withholding, if any) as a condition to receiving the Shares, the consideration for which shall be past services actually rendered and/or future services to be rendered to the a Participating Company or for its benefit.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Adobe Systems Inc)

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No Monetary Payment Required. The Participant is not required to make any monetary payment (other than to satisfy applicable tax withholding, if any, with respect to the issuance or vesting of the Shares) as a condition to receiving the Shares, the consideration for which shall be past services actually rendered and/or future services to be rendered to the Company or an Affiliate or for its benefitbenefit having a value not less than the par value of the Shares issued pursuant to the Award.

Appears in 1 contract

Samples: Inducement Restricted Stock Agreement (PDL Biopharma, Inc.)

No Monetary Payment Required. The Participant is not required to make any monetary payment (other than applicable tax withholding, if any) as a condition to receiving the Shares, the consideration for which shall be past services actually rendered and/or future services to be rendered to the a Participating Company or for its benefit.

Appears in 1 contract

Samples: Restricted Stock Agreement (Inphonic Inc)

No Monetary Payment Required. The Participant is not required to make any monetary payment (other than applicable tax withholding, if any) as a condition to receiving the Shares, the consideration for which shall be past services Services actually rendered and/or future services Services to be rendered to the a Participating Company or for its benefit. Notwithstanding the foregoing, if required by applicable state corporate law, the Participant shall furnish consideration in the form of cash or past Services rendered to a Participating Company or for its benefit having a value not less than the par value of the Shares.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Rae Systems Inc)

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