Common use of Payment for Awards Clause in Contracts

Payment for Awards. To the extent that an Award is granted in the form of Stock Units, no cash consideration shall be required of the Award recipients.

Appears in 69 contracts

Samples: 2020 Stock Incentive Plan (Nikola Corp), Business Combination Agreement (Pathfinder Acquisition Corp), 2020 Stock Incentive Plan (Nikola Corp)

AutoNDA by SimpleDocs

Payment for Awards. To the extent that an Award is granted in the form of Restricted Stock Units, no cash consideration shall be required of the Award recipients.

Appears in 5 contracts

Samples: 2021 Stock Incentive Plan (Lucid Group, Inc.), 2021 Stock Incentive Plan (Rockley Photonics Holdings LTD), 2021 Stock Incentive Plan (Lucid Group, Inc.)

Payment for Awards. To the extent that an Award is granted in the form of Stock Share Units, no cash consideration shall be required of the Award recipients.

Appears in 3 contracts

Samples: 2024 Omnibus Incentive Plan (I-Mab), Award Agreement (Gorilla Technology Group Inc.), 2022 Stock Incentive Plan (CENNTRO ELECTRIC GROUP LTD)

Payment for Awards. To the extent that an Award is granted in the form of Stock Units, no cash consideration shall be required of the Award recipients.. ​ ​

Appears in 2 contracts

Samples: 2005 Stock Incentive Plan (EGAIN Corp), Stock Incentive Plan (EGAIN Corp)

AutoNDA by SimpleDocs

Payment for Awards. To the extent that an Award is granted in the form of Stock Units, no cash consideration shall be required of the Award recipientsrecipient.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Motive Inc), Non Qualified Stock Option Agreement (Motive Inc)

Payment for Awards. To the extent that an Award is granted in the form of Stock Units, Share Units or Performance Units no cash consideration shall be required of the Award recipients.

Appears in 1 contract

Samples: 2006 Equity Incentive Plan (Cutter & Buck Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!