Common use of Share Award Clause in Contracts

Share Award. Pursuant to Section 4(a) of the Employment Agreement among the Corporation, Pacific Trust Bank and the Grantee dated as of the date hereof (the “Employment Agreement”), as an inducement material to the Grantee’s entering into employment with the Corporation, the Corporation hereby awards to the Grantee 5,000 shares (“Shares”) of common stock of the Corporation (“Common Stock”).

Appears in 3 contracts

Sources: Employment Agreement (First Pactrust Bancorp Inc), Employment Agreement (First Pactrust Bancorp Inc), Employment Agreement (First Pactrust Bancorp Inc)

Share Award. Pursuant to Section 4(a) of the Employment Agreement among the Corporation, Pacific Trust Bank and the Grantee dated as of the date hereof (the “Employment Agreement”), as an inducement material to the Grantee’s entering into employment with the Corporation, the Corporation hereby awards to the Grantee 5,000 4,200 shares ("Shares") of common stock of the Corporation ("Common Stock").

Appears in 1 contract

Sources: Employment Agreement (First Pactrust Bancorp Inc)

Share Award. Pursuant to Section 4(a) of the Employment Agreement among the Corporation, Pacific Trust Bank and the Grantee dated as of the date hereof (the “Employment Agreement”), as an inducement material to the Grantee’s entering into employment with the Corporation, the Corporation hereby awards to the Grantee 5,000 4,300 shares (“Shares”) of common stock of the Corporation (“Common Stock”).

Appears in 1 contract

Sources: Employment Agreement (First Pactrust Bancorp Inc)