Restricted Share Grant. A. Restricted Shares: 179,257 shares of Common Stock.
Restricted Share Grant. Subject to the terms and conditions set forth herein, the Company hereby grants to the Key Employee the number of restricted shares (the "Restricted Shares") of the Company's common stock set forth on the signature page hereof, at the value per Share set forth on the signature page hereof. .
Restricted Share Grant. Subject to approval of the Board and approval of an increase in the number of shares of the Company’s common stock (the “Common Stock”) under the Company’s 2006 Employee, Director and Consultant Stock Plan (the “Plan”), the Company will grant you restricted shares (the “Restricted Shares”) in an amount equal to 289,098 shares, at a per share purchase price equal to the fair market value of a share of Common Stock on the date of grant, pursuant to a written restricted stock agreement between the Company and you in the form attached hereto as Exhibit 4(c)(i) (the “Restricted Stock Agreement”).
Restricted Share Grant. Effective as of the date of this Agreement, Employee shall be granted 350,000 shares of restricted stock under the Company’s stock award plan. The first 116,720 of such restricted shares (approximately 33.3%) shall vest one year from the date of grant and the remaining 233,280 shares (approximately 66.7%) shall vest in equal amounts of 6,480 shares at each subsequent calendar quarter end, commencing September 30, 2005 and ending June 30, 2014.
Restricted Share Grant. Executive shall receive an annual Restricted Share Grant, which shall not be subject to any performance-based vesting criteria, in lieu of a standard cash salary and as an inducement for the Executive to enter into this Agreement. The parties shall negotiate the Restricted Share Grant in good faith on an annual basis, and the parties shall set forth the mutually agreed-upon terms of the annual Restricted Share Grant in an APPENDIX A to this Agreement on or before March 31st of each year.
Restricted Share Grant. Xxxxxxx will be eligible to participate in the Restricted Share Grant Plan under the 1997 Equity Incentive Plan in accordance with the terms of the plan. Additionally, Xxxxxxx has previously received other grants of CP&L restricted common stock pursuant to Restricted Stock Agreement(s). Restrictions are based on continued employment.
Restricted Share Grant. On the Effective Date, and as an inducement for the Executive to enter into this Agreement, the Executive shall be granted a number of restricted shares of Company common stock ("Shares"), par value $0.001 per share, equal to 80,000 Shares (the "Restricted Stock Grant"), which shall be granted pursuant to the terms of the Northern Oil and Gas, Inc. 2013 Incentive Plan, as amended (the "Plan"). The terms and conditions applicable to the Restricted Stock Grant shall be set forth pursuant to the Company's standard form of single-trigger time-based restricted stock award agreement under the Plan. The Shares underlying the Restricted Stock Grant shall vest annually over a four (4) year period, with twenty-five percent (25%) of the Restricted Stock Grant vesting on each of the first four anniversaries of the Effective Date.
Restricted Share Grant. Subject to Executive’s execution of this Agreement, the Committee will issue Executive on September 13, 2007, 225,000 shares of the Company’s Restricted Stock (“Restricted Shares”). The Restricted Shares will be subject to vesting and forfeiture in the event of Executive’s termination of employment or continued service prior to June 4, 2011. Such forfeiture rights shall lapse at the rate of 28,125 shares every six months, beginning on the date six months after June 4, 2007 (the “Vesting Commencement Date”) and continuing every six months thereafter. Vesting will be dependant on Executive’s continued and continuous service relationship with the Company. The Restricted Shares will be subject to the terms of a Restricted Stock Award Agreement between Executive and the Company.
Restricted Share Grant. On the Effective Date, the Company shall issue to Executive 350,000 shares of unregistered common stock of the Company, which shall vest (become non-forfeitable) as to 50% of the award on the second anniversary of the Effective Date, and as to the remaining 50% of the award on the third anniversary of the Effective Date (the “BRFH Shares”).
Restricted Share Grant. Pursuant to XL Capital Ltd 1991 Performance Incentive Program, as soon as practicable following the Date of the Agreement XL shall grant to the Executive 13,000 restricted ordinary shares of XL. The restricted shares will vest in four equal annual installments, commencing on the first anniversary of the date of grant, provided the Executive's employment continues through such dates, and the restricted shares shall be subject to such other terms and conditions as set forth in the form of restricted stock agreement utilized generally by XL for its executives.
