Common use of Shares Subject to Agreement Clause in Contracts

Shares Subject to Agreement. The Company will issue to the Stockholder, pursuant to the terms of the Company’s Amended and Restated 2003 Incentive Compensation Plan (the “Plan”), 11,162 shares (the “Shares”) of the common stock, $0.01 par value per share, of the Company (“Common Stock”). The Stockholder agrees that the Shares shall be subject to the forfeiture provisions set forth in Section 2 of this Agreement and the restrictions on transfer set forth in Section 3 of this Agreement.

Appears in 5 contracts

Samples: Restricted Stock Agreement (Environmental Power Corp), Restricted Stock Agreement (Environmental Power Corp), Restricted Stock Agreement (Environmental Power Corp)

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Shares Subject to Agreement. The Company will issue to the Stockholder, pursuant to the terms of the Company’s Amended and Restated 2003 Incentive Compensation Plan (the “Plan”), 11,162 69,768 shares (the “Shares”) of the common stock, $0.01 par value per share, of the Company (“Common Stock”). The Stockholder agrees that the Shares shall be subject to the forfeiture provisions set forth in Section 2 of this Agreement and the restrictions on transfer set forth in Section 3 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Environmental Power Corp)

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Shares Subject to Agreement. The Company will issue to the Stockholder, pursuant to the terms of the Company’s Amended and Restated 2003 Incentive Compensation Plan (the “Plan”), 11,162 12,404 shares (the “Shares”) of the common stock, $0.01 par value per share, of the Company (“Common Stock”). The Stockholder agrees that the Shares shall be subject to the forfeiture provisions set forth in Section 2 of this Agreement and the restrictions on transfer set forth in Section 3 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Environmental Power Corp)

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