Common use of Stock Grant Clause in Contracts

Stock Grant. Upon the commencement of my employment under this Agreement, I will be entitled to a stock grant (“Grant”) of 2,000,000 shares of the Company’s common stock; certain percentage of the Grant shall vest and become exercisable according to the following table if I remain employed by the Company and its subsidiaries through the vesting date. Vesting date Stock grant December 31, 2007 200,000 shares of the Company’s common stock December 31, 2008 300,000 shares of the Company’s common stock December 31, 2009 400,000 shares of the Company’s common stock December 31, 2010 500,000 shares of the Company’s common stock December 31, 2011 600,000 shares of the Company’s common stock The Grant shall be subject to all terms of the Parent Company’s 2007 stock option/stock issuance plan or any future stock option/stock issuance plan under which it was issued.

Stock Grant. Upon the commencement of my employment under this Agreement, I will be entitled to a stock grant (“Grant”) of 2,000,000 1,500,000 shares of the Parent Company’s common stock; certain percentage of the Grant shall vest and become exercisable according to the following table if I remain employed by the Company and its subsidiaries through the vesting date. Vesting date Stock grant December 31, 2007 100,000 shares of the Company’s common stock December 31, 2008 200,000 shares of the Company’s common stock December 31, 2008 2009 300,000 shares of the Company’s common stock December 31, 2009 2010 400,000 shares of the Company’s common stock December 31, 2010 2011 500,000 shares of the Company’s common stock December 31, 2011 600,000 shares of the Company’s common stock The Grant shall be subject to all terms of the Parent Company’s 2007 stock option/stock issuance plan or any future stock option/stock issuance plan under which it was issued.

Stock Grant. Upon the commencement of my employment under this Agreement, I will be entitled to a stock grant (“Grant”) of 2,000,000 1,000,000 shares of the Company’s common stock; certain percentage of the Grant shall vest and become exercisable according to the following table if I remain employed by the Company and its subsidiaries through the vesting date. Vesting date Stock grant December 31, 2007 200,000 80,000 shares of the Company’s common stock December 31, 2008 300,000 130,000 shares of the Company’s common stock December 31, 2009 400,000 190,000 shares of the Company’s common stock December 31, 2010 500,000 260,000 shares of the Company’s common stock December 31, 2011 600,000 340,000 shares of the Company’s common stock The Grant shall be subject to all terms of the Parent Company’s 2007 stock option/stock issuance plan or any future stock option/stock issuance plan under which it was issued.

Stock Grant. Upon the commencement of my employment under this Agreement, I will be entitled to a stock grant (“Grant”) of 2,000,000 shares of the Parent Company’s common stock; certain percentage of the Grant shall vest and become exercisable according to the following table if I remain employed by the Company and its subsidiaries the Group through the vesting date. Vesting date Stock grant December 31, 2007 200,000 shares of the Parent Company’s common stock December 31, 2008 300,000 shares of the Parent Company’s common stock December 31, 2009 400,000 shares of the Parent Company’s common stock December 31, 2010 500,000 shares of the Parent Company’s common stock December 31, 2011 600,000 shares of the Parent Company’s common stock The Grant shall be subject to all terms of the Parent Company’s 2007 stock option/stock issuance plan or any future stock option/stock issuance plan under which it was issued.

Stock Grant. Upon the commencement of my employment under this Agreement, I will be entitled to a stock grant (“Grant”) of 2,000,000 1,200,000 shares of the Company’s common stock; certain percentage of the Grant shall vest and become exercisable according to the following table if I remain employed by the Company and its subsidiaries through the vesting date. Vesting date Stock grant December 31, 2007 200,000 80,000 shares of the Company’s common stock December 31, 2008 300,000 150,000 shares of the Company’s common stock December 31, 2009 400,000 230,000 shares of the Company’s common stock December 31, 2010 500,000 320,000 shares of the Company’s common stock December 31, 2011 600,000 420,000 shares of the Company’s common stock The Grant shall be subject to all terms of the Parent Company’s 2007 stock option/stock issuance plan or any future stock option/stock issuance plan under which it was issued.