Common use of Stock Subject to Plan Clause in Contracts

Stock Subject to Plan. Subject to adjustment as provided in Sections 8 and 9 hereof, the stock to be offered under the Plan shall consist of shares of the Company’s Common Stock, $.01 par value, and the maximum number of shares which will be reserved for issuance, and in respect of which Plan Benefits may be granted pursuant to the provisions of the Plan, shall not exceed in the aggregate 3,000,000 shares. Such shares may be authorized and unissued shares, treasury shares or shares purchased on the open market. If an Option or SAR granted hereunder shall expire or terminate for any reason without having been exercised in full or if a share of Restricted Stock shall be forfeited, the unpurchased or forfeited shares subject thereto shall again be available for subsequent grants of Plan Benefits under the Plan. Stock issued pursuant to the Plan may be subject to such restrictions on transfer, repurchase rights or other restrictions as shall be determined by the Board of Directors.

Appears in 4 contracts

Samples: Restricted Stock Grant Agreement (Atmi Inc), Executive Management Restricted Stock Grant Agreement (Atmi Inc), Employee Restricted Stock Grant Agreement (Atmi Inc)

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Stock Subject to Plan. Subject to adjustment as provided in Sections 8 9 and 9 10 hereof, the stock to be offered under the Plan shall consist of shares of the Company’s 's Common Stock, $.01 par value, and the maximum number of shares which will be reserved for issuance, and in respect of which Plan Benefits may be granted pursuant to the provisions of the Plan, shall not exceed in the aggregate 3,000,000 shares. Such shares may be authorized and unissued shares, treasury shares or shares purchased on the open market. If an Option or SAR granted hereunder shall expire or terminate for any reason without having been exercised in full or if a share issued or issuable pursuant to an Award or share of Restricted Stock shall be forfeited, the unpurchased or forfeited shares subject thereto shall again be available for subsequent grants of Plan Benefits under the Plan. Stock issued pursuant to the Plan may be subject to such restrictions on transfer, repurchase rights or other restrictions as shall be determined by the Board of Directors.

Appears in 2 contracts

Samples: Total Shareholder Return Performance Restricted Stock Unit Agreement (Atmi Inc), Total Shareholder Return Performance Restricted Stock Unit Agreement (Atmi Inc)

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Stock Subject to Plan. Subject to adjustment as provided in Sections 8 9 and 9 10 hereof, the stock to be offered under the Plan shall consist of shares of the Company’s 's Common Stock, $.01 par value, and the maximum number of shares which will be reserved for issuance, and in respect of which Plan Benefits may be granted pursuant to the provisions of the Plan, shall not exceed in the aggregate 3,000,000 900,000 shares. Such shares may be authorized and unissued shares, treasury shares or shares purchased on the open market. If an Option or SAR granted hereunder shall expire or terminate for any reason without having been exercised in full full, or if a share of Restricted Stock the Company shall be forfeitedreacquire any unvested shares issued pursuant to Awards, the unpurchased or forfeited shares subject thereto and any unvested shares so reacquired shall again be available for subsequent grants of Plan Benefits under the Plan. Stock issued pursuant to the Plan may be subject to such restrictions on transfer, repurchase rights or other restrictions as shall be determined by the Board of Directors.

Appears in 1 contract

Samples: 1997 Stock Plan (Atmi Inc)

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