Purchase and Sale of Restricted Stock Sample Clauses

Purchase and Sale of Restricted Stock. (a) The Company shall issue to each Stockholder the number of shares specified opposite the Stockholder's name in Schedule A attached hereto (the "Restricted Stock") of the common stock of the Company, par value $0.001 per share (the "Common Stock"), pursuant to Section 4 and Schedule III of the Management Services Agreement.
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Purchase and Sale of Restricted Stock. (a) On the Grant Date, Purchaser purchased, and the Parent sold, [●] shares of Common Stock at a price of $0.0517 per share, of which (i) [●] shares of such Common Stock are referred to herein as “Time-Vested Shares” and (ii) [●] shares of such Common Stock are referred to herein as “Annual-Vested Shares.”
Sample 1
Purchase and Sale of Restricted Stock. (a) Upon the execution and delivery of this Agreement, Employee shall purchase, and the Company shall sell, «Shares» shares of Common Stock at a price of $0.001 per share. The Company shall deliver to Employee a copy of, and a receipt for, the certificates representing such shares of Common Stock, and Employee shall deliver to the Company a cashier’s or certified check or wire transfer of funds in the aggregate amount of «Purchase_Price».
Sample 1
Purchase and Sale of Restricted Stock. (a) Upon execution of this Agreement, the Company shall issue to the Stockholder the number of shares specified opposite the Stockholder's name in Schedule A attached hereto (the "Restricted Stock") of the common stock of the Company, par value $0.001 per share (the "Common Stock"), pursuant to Section 4 and Schedule III of the Management Services Agreement. All of such shares of Common Stock issued to the Stockholder are referred to herein as "Restricted Stock." Simultaneously with the execution and delivery hereof, the Company is delivering to the Stockholder the certificates representing the Common Stock referred to in this paragraph 1(a).
Sample 1
Purchase and Sale of Restricted Stock. (a) On the Effective Date, Purchaser will purchase, and the Parent will sell, [ ] shares of Common Stock at a price of [$ ] per share, of which (i) [ ] shares of such Common Stock are referred to herein as “Time-Vested Shares” and (ii) [ ] shares of such Common Stock are referred to herein as “Performance-Vested Shares.” The Parent will deliver to Purchaser the certificates (if any) or other evidence representing such Restricted Stock, and Purchaser will deliver to the Parent a cashier’s or certified check or wire transfer of funds in the aggregate amount of $[ ] at the Closing.
Sample 1

Related to Purchase and Sale of Restricted Stock

  • Issuance of Restricted Stock On the date hereof the Company issues to the Participant the Restricted Stock subject to the Restrictions and other conditions set forth in this Award Agreement. The Company shall cause the Restricted Stock to be issued in the name of the Participant or held in book entry form, but if a stock certificate is issued it shall be delivered to and held in custody by the Company until the Restrictions lapse or such Restricted Stock is forfeited. As a further condition to the Company’s obligations under this Award Agreement, the Participant’s spouse, if any, shall execute and deliver to the Company the Consent of Spouse attached hereto as Exhibit A.

  • Issuance of Restricted Shares (a) The Restricted Shares are issued to the Recipient, effective as of the Grant Date (as set forth on the cover page of this Agreement), in consideration of employment services rendered and to be rendered by the Recipient to the Company.

  • Vesting of Restricted Stock The restrictions and conditions in Paragraph 2 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 2 shall lapse only with respect to the number of shares of Restricted Stock specified as vested on such date.

  • Vesting of Restricted Shares The Restricted Shares are subject to forfeiture to the Company until they become nonforfeitable in accordance with this Section 2. While subject to forfeiture, the Restricted Shares may not be sold, pledged, assigned, otherwise encumbered or transferred in any manner, whether voluntarily or involuntarily by the operation of law.

  • Grant of Restricted Shares (a) The Company hereby grants to the Grantee an award (the “Award”) of shares of Common Stock of the Company (the “Shares” or the “Restricted Shares”) on the terms and conditions set forth in this Agreement and as otherwise provided in the Plan.

  • Grant of Restricted Stock Pursuant to, and subject to, the terms and conditions set forth herein and in the Plan, the Committee hereby grants to the Participant 3,250 restricted shares (the “Restricted Stock”) of common stock of the Company, par value $0.01 per share (“Common Stock”).

  • Treatment of Restricted Stock Subject to Article III, Section C of the Plan and Section 13(b), in the event of a Change in Control, in the Company’s discretion, (i) the unvested shares of Restricted Stock may be continued (if the Company is the surviving entity); (ii) the unvested shares of Restricted Stock may be assumed by the successor entity or parent thereof; (iii) the successor entity or parent thereof may substitute for the shares of unvested Restricted Stock a similar stock award with substantially similar terms; (iv) an appropriate substitution of cash or other securities or property may be made for the unvested shares of Restricted Stock based on the Fair Market Value of the Shares issuable upon vesting of the Restricted Stock at the time of the Change in Control; and/or (v) vesting of the unvested Restricted Stock may be accelerated upon the Change in Control.

  • Grant of Restricted Share Units Subject to all of the terms and conditions of this Award Agreement and the Plan, the Company hereby grants to the Participant [ ] Class A restricted share units (the “RSUs”).

  • Non-Transferability of Restricted Stock The Restricted Stock and this Restricted Stock Agreement shall not be transferable.

  • Vesting of Restricted Stock Units The restrictions and conditions of Section 1 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains in a Business Relationship (as defined in Section 3 below) on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Section 1 shall lapse only with respect to the number of Restricted Stock Units specified as vested on such date. Incremental Number of Restricted Stock Units Vested Vesting Date _____________ (___%) ____________ _____________ (___%) ____________ _____________ (___%) ____________ The Administrator may at any time accelerate the vesting schedule specified in this Section 2.

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