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 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. December 31, 2007 80,000 shares of the Company’s common stock December 31, 2008 130,000 shares of the Company’s common stock December 31, 2009 190,000 shares of the Company’s common stock December 31, 2010 260,000 shares of the Company’s common stock December 31, 2011 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 1,000,000 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. December 31, 2007 80,000 shares of the Company’s common stock December 31, 2008 130,000 150,000 shares of the Company’s common stock December 31, 2009 190,000 230,000 shares of the Company’s common stock December 31, 2010 260,000 320,000 shares of the Company’s common stock December 31, 2011 340,000 420,000 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.

Stock Grant. Upon the commencement of my employment under this Agreement, I will be entitled to a stock grant (“Grant”) of 1,000,000 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. December 31, 2007 80,000 200,000 shares of the Parent Company’s common stock December 31, 2008 130,000 300,000 shares of the Parent Company’s common stock December 31, 2009 190,000 400,000 shares of the Parent Company’s common stock December 31, 2010 260,000 500,000 shares of the Parent Company’s common stock December 31, 2011 340,000 600,000 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 1,000,000 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 80,000 200,000 shares of the Company’s common stock December 31, 2008 130,000 300,000 shares of the Company’s common stock December 31, 2009 190,000 400,000 shares of the Company’s common stock December 31, 2010 260,000 500,000 shares of the Company’s common stock December 31, 2011 340,000 600,000 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 1,000,000 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 80,000 100,000 shares of the Company’s common stock December 31, 2008 130,000 200,000 shares of the Company’s common stock December 31, 2009 190,000 300,000 shares of the Company’s common stock December 31, 2010 260,000 400,000 shares of the Company’s common stock December 31, 2011 340,000 500,000 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.