Common use of Stock Award Clause in Contracts

Stock Award. The Company hereby agrees to issue to Xxxxxxx ----------- 150,000 Shares of its Common Stock upon his payment to the Company of the purchase price therefor of $0.29 per share, which shall be paid through his execution and delivery of the promissory note attached hereto. The Shares shall be subject to the limitations provided below in this Section 1.

Appears in 2 contracts

Samples: Employment Agreement (Daou Systems Inc), Restricted Stock Purchase Agreement (Daou Systems Inc)

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Stock Award. The Company hereby agrees to issue to Xxxxxxx 1.5 ----------- 150,000 million Shares of its Common Stock upon his payment to the Company of the purchase price therefor of $0.29 per share, which shall be paid through his execution and delivery of the promissory note attached hereto. The Shares shall be subject to the limitations provided below in this Section 1.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Daou Systems Inc), Employment Agreement (Daou Systems Inc)

Stock Award. The Company hereby agrees to issue to Xxxxxxx 150,000 ----------- 150,000 Restricted Shares of its Common Stock upon his payment to the Company of the purchase price therefor of $0.29 0.52 per share, which shall be paid through his execution and delivery of the promissory note attached hereto. The Restricted Shares shall be subject to the limitations provided below in this Section 1.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Daou Systems Inc)

Stock Award. The Company hereby agrees to issue to Xxxxxxx Xxxxx 2,500,000 ----------- 150,000 Shares of its Common Stock upon his payment to the Company of the purchase price therefor of $0.29 per share, which shall be paid through his execution and delivery of the promissory note attached hereto. The Shares shall be subject to the limitations provided below in this Section 1.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Daou Systems Inc)

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Stock Award. The Company hereby agrees to issue to Xxxxxxx Xxxxx ----------- 150,000 2,500,000 Shares of its Common Stock upon his payment to the Company of the purchase price therefor of $0.29 per share, which shall be paid through his execution and delivery of the promissory note attached hereto. The Shares shall be subject to the limitations provided below in this Section 1.

Appears in 1 contract

Samples: Employment Agreement (Daou Systems Inc)

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