Common use of Number of Shares and Price Clause in Contracts

Number of Shares and Price. Restricted Stock shall consist of shares of Stock that will be acquired by and issued to the Recipient at a designated time approved by the board of directors, for no purchase price, and under and subject to such transfer, forfeiture and other restrictions, conditions or terms as shall be determined by the Committee, including but not limited to prohibitions against transfer and substantial risks of forfeiture within the meaning of Section 83 of the Code.

Appears in 14 contracts

Samples: Performance Based Restricted Stock Agreement (Citizens & Northern Corp), Restricted Stock Agreement (Citizens & Northern Corp), Restricted Stock Agreement (Citizens & Northern Corp)

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Number of Shares and Price. Restricted Stock shall consist of shares of Stock that will be acquired by and issued to the Recipient at a designated time approved by the board of directors, for no purchase price, and under and subject to such transfer, forfeiture and other restrictions, conditions or terms as shall be determined by the Committee, including but not limited to prohibitions against transfer and substantial risks of forfeiture within the meaning of Section 83 of the Code.. ​

Appears in 9 contracts

Samples: Performance Based Restricted Stock Agreement (Citizens & Northern Corp), Restricted Stock Agreement (Citizens & Northern Corp), Performance Based Restricted Stock Agreement (Citizens & Northern Corp)

Number of Shares and Price. Restricted Stock shall consist of shares of Stock that will be acquired by and issued to the Recipient at a designated time approved by the board of directors, for no purchase price, and under and subject to such transfer, forfeiture and other restrictions, conditions or terms as shall be determined by the Committee, including but not limited to prohibitions against transfer and substantial risks of forfeiture within the meaning of Section 83 of the Code.,

Appears in 8 contracts

Samples: Restricted Stock Agreement (Citizens & Northern Corp), Restricted Stock Agreement (Citizens & Northern Corp), Restricted Stock Agreement (Citizens & Northern Corp)

Number of Shares and Price. Restricted Stock shall consist of shares of Stock that will be acquired by and issued to the Recipient at a designated time approved by the board of directorsCommittee, for no purchase price, and under and subject to such transfer, forfeiture and other restrictions, conditions or terms as shall be determined by the Committee, including but not limited to prohibitions against transfer and substantial risks of forfeiture within the meaning of Section 83 of the Internal Revenue Code of 1986 as amended (“Code.”). ​

Appears in 3 contracts

Samples: Restricted Stock Agreement (Citizens & Northern Corp), Restricted Stock Agreement (Citizens & Northern Corp), Restricted Stock Agreement (Citizens & Northern Corp)

Number of Shares and Price. Restricted Stock shall consist of 5,174 shares of Stock that will be acquired by and issued to the Recipient at a designated time approved by the board of directors, for no purchase price, and under and subject to such transfer, forfeiture and other restrictions, conditions or terms as shall be determined by the Committee, including but not limited to prohibitions against transfer and substantial risks of forfeiture within the meaning of Section 83 of the Code.

Appears in 1 contract

Samples: Restricted Stock Agreement (Citizens & Northern Corp)

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Number of Shares and Price. Restricted Stock shall consist of shares of Stock that will be acquired by and issued to the Recipient at a designated time approved by the board of directorsCommittee, for no purchase price, and under and subject to such transfer, forfeiture and other restrictions, conditions or terms as shall be determined by the Committee, including but not limited to prohibitions against transfer and substantial risks of forfeiture within the meaning of Section 83 of the Internal Revenue Code of 1986, as amended ("Code.”). ​

Appears in 1 contract

Samples: Performance Based Restricted Stock Agreement (Citizens & Northern Corp)

Number of Shares and Price. Restricted Stock shall consist of shares of Stock that will be acquired by and issued to the Recipient at a designated time approved by the board of directors, for no purchase price, and under and subject to such transfer, forfeiture and other restrictions, conditions or terms as shall be determined by the Committee, including but not limited to prohibitions against transfer and transfer, substantial risks of forfeiture within the meaning of Section 83 of the Code.,

Appears in 1 contract

Samples: Restricted Stock Agreement (Citizens & Northern Corp)

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