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 67 contracts

Samples: Business Combination Agreement (Pathfinder Acquisition Corp), 2020 Stock Incentive Plan (Vincerx Pharma, Inc.), Stock Option Agreement (Silvaco Group, Inc.)

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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: Stock Incentive Plan (Rockley Photonics Holdings LTD), Employee Stock Purchase Plan (Lucid Group, Inc.), Business Combination Agreement and Plan of Merger (SC Health Corp)

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: 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 recipientsrecipient.

Appears in 2 contracts

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

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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), 2005 Stock Incentive Plan (EGAIN Corp)

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: Cutter & Buck Inc

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