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: Stock Option Agreement (Axt Inc), Restricted Stock Agreement (Invitrogen Corp), Invitrogen Corporation 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 SharesRestricted Stock, the consideration for which shall be past services actually rendered and/or future services to be rendered to the Company (or any Affiliate) 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 the Company (or any Affiliate) or for its benefit having a value not less than the par value of the shares of Stock.

Appears in 3 contracts

Samples: Consulting Agreement (Western Alliance Bancorporation), Executive Restricted Stock Agreement (Western Alliance Bancorporation), Executive Restricted Stock Agreement

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: Restricted Unit Agreement (Magnachip Semiconductor LLC), Restricted Unit Agreement (Magnachip Semiconductor LLC)

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 or f uture services actually rendered and/or future services or to be rendered to the Company or an Affiliate or for its benefit, or other legal consideration permitted by the Committee, having a value not less than the par value of the Shares issued pursuant to the Award.

Appears in 1 contract

Samples: Restricted Stock Agreement (PDL Biopharma, 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 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)

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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 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)

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)

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. 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 issued pursuant to the Award.

Appears in 1 contract

Samples: Restricted Stock Agreement (Halozyme Therapeutics 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; 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)

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