Common use of Purchase and Sale of Common Stock Clause in Contracts

Purchase and Sale of Common Stock. Subject to the terms and conditions hereinafter set forth, and in accordance with the provisions of the Plan, the Company hereby grants to Grantee, and Grantee hereby accepts from the Company Shares. The purchase price, if any, for the Shares shall be determined by the Committee, but shall not be less than par value of $.16 2/3 per share.

Appears in 5 contracts

Samples: Restricted Stock Agreement, Restricted Stock Agreement (Humana Inc), Restricted Stock Agreement (Humana Inc)

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Purchase and Sale of Common Stock. Subject to the terms and conditions hereinafter set forth, and in accordance with the provisions of the Plan, the Company hereby grants to Grantee, and Grantee hereby accepts from the Company SharesShares (“Award”). The purchase price, if any, for the Shares shall be determined by the Committee, but shall not be less than par value of $.16 2/3 per share.

Appears in 2 contracts

Samples: Agreement (Humana Inc), Stock Option and Restricted Stock Agreement (Humana Inc)

Purchase and Sale of Common Stock. Subject to the terms and conditions hereinafter set forth, and in accordance with the provisions of the Plan, the Company hereby grants to Grantee, and Grantee hereby accepts from the Company Shares. The purchase price, if any, price for the Shares shall be determined by the Committee, but shall not be less than par value of $.16 2/3 per share.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Humana Inc)

Purchase and Sale of Common Stock. Subject to the terms and conditions hereinafter set forth, and in accordance with the provisions of the Plan, the Company hereby grants to Grantee, and Grantee hereby accepts from the Company ( ) Shares. The purchase price, if any, for the Shares shall be determined by the Committee, but shall not be less than par value of $.16 2/3 per share.

Appears in 1 contract

Samples: Agreement (Humana Inc)

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Purchase and Sale of Common Stock. Subject to the terms and conditions hereinafter set forth, and in accordance with the provisions of the Plan, the Company hereby grants to Grantee, and Grantee hereby accepts from the Company [Shares Awarded] Shares. The purchase price, if any, for the Shares shall be determined by the Committee, but shall not be less than par value of $.16 2/3 per share, except in the case of treasury shares for which no payment is required.

Appears in 1 contract

Samples: Restricted Stock Agreement (Humana Inc)

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