Common use of Sale of Restricted Shares Clause in Contracts

Sale of Restricted Shares. The Company hereby sells to the Employee, and the Employee hereby purchases from the Company, __________ shares of Common Stock (the "Restricted Shares"), which Restricted Shares are subject to all of the terms and conditions set forth in this Agreement, including, without limitation, the restrictions on transfer imposed pursuant to Section 2 hereof. The purchase price for the Restricted Shares is $1.00 per share, and the Company hereby acknowledges the sufficiency of such purchase price and the Company's receipt thereof on or prior to the date upon which this Agreement shall be executed and on or within 60 days following the Award Date.

Sale of Restricted Shares. The Company hereby sells to the Employee, and the Employee hereby purchases from the Company, ______ _____ shares of Common Stock (the "Restricted Shares"), which Restricted Shares are subject to all of the terms and conditions set forth in this Agreement, including, without limitation, the restrictions on transfer imposed pursuant to Section 2 hereof. The purchase price for the Restricted Shares is $1.00 per share, and the Company hereby acknowledges the sufficiency of such purchase price and the Company's receipt thereof on or prior to the date upon which this Agreement shall be executed and on or within 60 days following the Award Date.

Sale of Restricted Shares. The Company hereby sells to the Employee, and the Employee hereby purchases from the Company, _____ ________ shares of Common Stock (the "Restricted Shares"), which Restricted Shares are subject to all of the terms and conditions set forth in this Agreement, including, without limitation, the restrictions on transfer imposed pursuant to Section 2 hereof. The purchase price for the Restricted Shares is $1.00 per share, and the Company hereby acknowledges the sufficiency of such purchase price and the Company's receipt thereof on or prior to the date upon which this Agreement shall be executed and on or within 60 days following the Award Date.

Sale of Restricted Shares. The Company hereby sells to the Employee, and the Employee hereby purchases from the Company, _____________ shares of Common Stock (the "Restricted Shares"), which Restricted Shares are subject to all of the terms and conditions set forth in this Agreement, including, without limitation, the restrictions on transfer imposed pursuant to Section 2 hereof. The purchase price for the Restricted Shares is $1.00 per share, and the Company hereby acknowledges the sufficiency of such purchase price and the Company's receipt thereof on or prior to the date upon which this Agreement shall be executed and on or within 60 days following the Award Date.