Common use of Stock Grants Clause in Contracts

Stock Grants. Stock Grants shall be awarded solely in recognition of significant contributions to the success of the Company or its Affiliates, in lieu of compensation otherwise already due and in such other limited circumstances as the Committee deems appropriate. Stock Grants shall be made without forfeiture conditions of any kind.

Appears in 8 contracts

Samples: Stock Option Agreement (Netlist Inc), Stock Option Agreement (Netlist Inc), Stock Option Agreement (Netlist Inc)

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Stock Grants. Stock Grants shall be awarded solely in recognition of significant prior or expected contributions to the success of the Company or its Affiliates, as an inducement to employment, in lieu of compensation otherwise already due and in such other limited circumstances as the Committee deems appropriate. Stock Grants shall be made without forfeiture conditions of any kind.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Protara Therapeutics, Inc.), Stock Option Agreement (Radius Health, Inc.)

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