Common use of Number of Shares Available for Grants Clause in Contracts

Number of Shares Available for Grants. The Plan authorizes the issuance of [one hundred thousand (100,000)] Shares subject to adjustments in accordance with Section 4.2. Shares issued pursuant Awards be made pursuant to Section 5.5(b) will not be charged against the Shares authorized for issuance under the Plan. Only Shares actually issued shall be charged against the Shares authorized for issuance under the Plan. If any Shares subject to an Award granted hereunder are forfeited or such Award otherwise terminates without the delivery of such Shares, the Shares subject to such Award, to the extent of any such forfeiture or termination, shall again be available for grant under the Plan. If any Shares subject to an Award granted hereunder are withheld or applied as payment in connection with the exercise of an Award or the withholding or payment of taxes related thereto (“Returned Shares”), such Returned Shares, shall again be available for grant under the Plan. The Committee shall from time to time determine the appropriate methodology for calculating the number of Shares to which an Award relates pursuant to the Plan. Shares delivered pursuant to the Plan may be, in whole or in part, authorized and unissued Shares, or treasury Shares, including Shares repurchased by the Company for purposes of the Plan.

Number of Shares Available for Grants. The Plan authorizes Subject to adjustment as provided in Section 4.2 and except as provided in Section 5.6(b), the issuance maximum number of [one hundred thousand (100,000)] Shares subject to adjustments in accordance with Section 4.2. Shares issued pursuant Awards be made pursuant to Section 5.5(b) will not be charged against the Shares authorized hereby reserved for issuance delivery under the Plan. Only Shares actually issued Plan (including upon exercise of Incentive Stock Options granted hereunder) shall be charged against the Shares authorized for issuance under the Plan2,000,000 Shares. If any Shares subject to an Award granted hereunder (other than a Substitute Award granted pursuant to Section 5.6(b)) are forfeited or such Award otherwise terminates without the payment or delivery of such Shares, the Shares subject to such Award, to the extent of any such forfeiture or termination, shall again be available for grant under the Plan. If For avoidance of doubt, however, if any Shares subject to an Award granted hereunder are withheld or applied as payment in connection with the exercise of an Award or the withholding or payment of taxes related thereto (“Returned Shares”), such Returned Shares, Shares will be treated as having been delivered for purposes of determining the maximum number of Shares available for grant under the Plan and shall not again be treated as available for grant under the Plan. The Committee number of Shares underlying an SAR that has been exercised will be treated as having been delivered for purposes of determining the maximum number of Shares available for grant under the Plan and such Shares shall from time to time determine not again be treated as available for grant under the appropriate methodology for calculating Plan. Moreover, the number of Shares to which an Award relates pursuant to available for issuance under the PlanPlan may not be increased through the Company’s purchase of Shares on the open market with the proceeds obtained from the exercise of any Options granted hereunder. Shares delivered pursuant to the Plan may be, in whole or in part, authorized and unissued Shares, or treasury Shares, including Shares repurchased by the Company for purposes of the Plan.

Number of Shares Available for Grants. The Plan authorizes the issuance of [one hundred thousand ten percent (100,000)] Shares 10%) of the Common Stock on a fully-diluted basis on the Effective Date, which equals 2,828,226 Shares, subject to adjustments in accordance with Section 4.2. Shares issued pursuant Awards be made pursuant to Section 5.5(b) will not be charged against the Shares authorized for issuance under the Plan. Only Shares actually issued shall be charged against the Shares authorized for issuance under the Plan. If any Shares subject to an Award granted hereunder are forfeited or such Award otherwise terminates without the delivery of such Shares, the Shares subject to such Award, to the extent of any such forfeiture or termination, shall again be available for grant under the Plan. If any Shares subject to an Award granted hereunder are withheld or applied as payment in connection with the exercise of an Award or the withholding or payment of taxes related thereto (“Returned Shares”), such Returned Shares, shall again be available for grant under the Plan. The Committee shall from time to time determine the appropriate methodology for calculating the number of Shares to which an Award relates pursuant to the Plan. Shares delivered pursuant to the Plan may be, in whole or in part, authorized and unissued Shares, or treasury Shares, including Shares repurchased by the Company for purposes of the Plan.

Number of Shares Available for Grants. The Plan authorizes the issuance of [one hundred thousand (100,000)] Shares subject a) Subject to adjustments adjustment as provided in accordance with Section 4.2, the aggregate number of Shares which may be delivered under the Plan shall be the Shares available under the prior version of the Plan (i.e., 1,500,000 Shares) (the “Available Shares”). Shares issued pursuant Awards be made For purposes of this Section 4.1(a), each Share delivered pursuant to Section 5.5(bthe Plan shall reduce the Available Shares by one (1) will not be charged against the Shares authorized for issuance under the Plan. Only Shares actually issued shall be charged against the Shares authorized for issuance under the PlanShare. If any Shares subject to an Award granted hereunder are forfeited or such Award otherwise terminates without the delivery of such Shares, the Shares subject to such Award, to the extent of any such forfeiture or termination, shall again be or become available for grant under the Plan. If any Award is settled in cash, the Shares subject to an such Award granted hereunder that are withheld not delivered shall be again or applied as payment in connection with the exercise of an Award or the withholding or payment of taxes related thereto (“Returned Shares”), such Returned Shares, shall again be become available for grant grants under the Plan. . (b) The Committee shall from time to time determine the appropriate methodology for calculating the number of Shares to which an Award relates that have been delivered pursuant to the Plan. Shares delivered pursuant to the Plan may be, in whole or in part, authorized and unissued Shares, or treasury Shares, including Shares repurchased by the Company for purposes of the Plan. A-8 (c) The maximum number of shares of Common Stock that may be issued under the Plan in this Section 4.1 shall not be affected by (i) the payment in cash of dividends or Dividend Equivalents in connection with outstanding Awards or (ii) any Shares required to satisfy Substitute Awards.

Number of Shares Available for Grants. The Plan authorizes the issuance of [one hundred thousand Four Million (100,000)] 4,000,000) Shares subject to adjustments in accordance with Section 4.2. 4.2 hereof Shares issued pursuant Awards be made pursuant to Section 5.5(b) hereof will not be charged against the Shares authorized for issuance under the Plan. Only Shares actually issued shall be charged against the Shares authorized for issuance under the Plan. If any Shares subject to an Award granted hereunder are forfeited or such Award otherwise terminates without the delivery of such Shares, the Shares subject to such Award, to the extent of any such forfeiture or termination, shall again be available for grant under the Plan. If any Shares subject to an Award granted hereunder are withheld or applied as payment in connection with the exercise of an Award or the withholding or payment of taxes related thereto (“Returned Shares”), such Returned Shares, shall again be available for grant under the Plan. The Committee shall from time to time determine the appropriate methodology for calculating the number of Shares to which an Award relates pursuant to the Plan. Shares delivered pursuant to the Plan may be, in whole or in part, authorized and unissued Shares, or treasury Shares, including Shares repurchased by the Company for purposes of the Plan.

Number of Shares Available for Grants. The Plan authorizes the issuance of [one hundred thousand Ten Million (100,000)] 10,000,000) Shares subject to adjustments in accordance with Section 4.2. 4.2 hereof Shares issued pursuant Awards be made pursuant to Section 5.5(b) hereof will not be charged against the Shares authorized for issuance under the Plan. Only Shares actually issued shall be charged against the Shares authorized for issuance under the Plan. If any Shares subject to an Award granted hereunder are forfeited or such Award otherwise terminates without the delivery of such Shares, the Shares subject to such Award, to the extent of any such forfeiture or termination, shall again be available for grant under the Plan. If any Shares subject to an Award granted hereunder are withheld or applied as payment in connection with the exercise of an Award or the withholding or payment of taxes related thereto (“Returned Shares”), such Returned Shares, shall again be available for grant under the Plan. The Committee shall from time to time determine the appropriate methodology for calculating the number of Shares to which an Award relates pursuant to the Plan. Shares delivered pursuant to the Plan may be, in whole or in part, authorized and unissued Shares, or treasury Shares, including Shares repurchased by the Company for purposes of the Plan.