Common use of Stock Subject to the Plan Clause in Contracts

Stock Subject to the Plan. Subject to adjustment as provided in Section 13 of the Plan, the number of shares reserved for Awards under the Plan is 418,136. Subject to adjustment as provided in Section 13 of the Plan, the number of shares reserved hereby for purchase pursuant to the exercise of Options granted under the Plan is 327,240. The number of the shares reserved for Stock Awards is 90,896. The shares of Common Stock issued under the Plan may be either authorized but unissued shares or authorized shares previously issued and acquired or reacquired by the Trustee or the Holding Company, respectively. To the extent that Options and Stock Awards are granted under the Plan, the shares underlying such Awards will be unavailable for any other use including future grants under the Plan except that, to the extent that Stock Awards or Options terminate, expire or are forfeited without having vested or without having been exercised, new Awards may be made with respect to these shares.

Appears in 1 contract

Samples: 1999 Stock Based Incentive Plan (First Bancorp of Indiana Inc)

AutoNDA by SimpleDocs

Stock Subject to the Plan. Subject to adjustment as provided in Section 13 of the Plan, the number of shares reserved for Awards under the Plan is 418,136318,136. Subject to adjustment as provided in Section 13 of the Plan, the number of shares reserved hereby for purchase pursuant to the exercise of Options granted under the Plan is 327,240227,240. The number of the shares reserved for Stock Awards is 90,896. The shares of Common Stock issued under the Plan may be either authorized but unissued shares or authorized shares previously issued and acquired or reacquired by the Trustee or the Holding Company, respectively. To the extent that Options and Stock Awards are granted under the Plan, the shares underlying such Awards will be unavailable for any other use including future grants under the Plan except that, to the extent that Stock Awards or Options terminate, expire or are forfeited without having vested or without having been exercised, new Awards may be made with respect to these shares.

Appears in 1 contract

Samples: 1999 Stock Based Incentive Plan (First Bancorp of Indiana Inc)

Stock Subject to the Plan. Subject to adjustment as provided in Section 13 of the Plan, the number of shares reserved for Awards under the Plan is 418,136407,330. Subject to adjustment as provided in Section 13 of the Plan, the number of shares reserved hereby for purchase pursuant to the exercise of Options granted under the Plan is 327,240290,950. The number of the shares reserved for Stock Awards is 90,896116,380. The shares of Common Stock issued under the Plan may be either authorized but unissued shares or authorized shares previously issued and acquired or reacquired by the Trustee or the Holding Company, respectively. To the extent that Options and Stock Awards are granted under the Plan, the shares underlying such Awards will be unavailable for any other use including future grants under the Plan except that, to the extent that Stock Awards or Options terminate, expire or are forfeited without having vested or without having been exercised, new Awards may be made with respect to these shares.

Appears in 1 contract

Samples: Stock Based Incentive Plan (Pulaski Financial Corp)

Stock Subject to the Plan. Subject to adjustment as provided in Section 13 of the Planhereof, the maximum number of shares reserved for Awards under the Plan is 418,136500,000. Subject to adjustment as provided in Section 13 of the Planhereof, the maximum number of shares reserved hereby for purchase pursuant to the exercise of Options granted under the Plan is 327,240500,000 minus the number of Stock Awards or Restricted Stock Units issued. The maximum number of the shares reserved for Stock Awards and Restricted Stock Units is 90,896150,000. The shares of Common Stock issued under the Plan may be either authorized but unissued shares or authorized shares previously issued and acquired or reacquired by the Trustee or the Holding Company, respectively. To the extent that Options and Stock Awards are granted under the Plan, the shares underlying such Awards will be unavailable for any other use including future grants under the Plan except that, to the extent that Stock Awards or Options terminate, expire expire, or are forfeited without having vested or without having been exercised, new Awards may be made with respect to these shares.

Appears in 1 contract

Samples: Management Stock Incentive Plan (Kollmorgen Corp)

AutoNDA by SimpleDocs

Stock Subject to the Plan. Subject to adjustment as provided in Section 13 of the Plan, the number of shares reserved for Awards under the Plan is 418,136107,626. Subject to adjustment as provided in Section 13 of the Plan, the number of shares reserved hereby for purchase pursuant to the exercise of Options granted under the Plan is 327,24076,876. The number of the shares reserved for Stock Awards is 90,89630,750. The shares of Common Stock issued under the Plan may be either authorized but unissued shares or authorized shares previously issued and acquired or reacquired by the Trustee or the Holding Company, respectively. To the extent that Options and Stock Awards are granted under the Plan, the shares underlying such Awards will be unavailable for any other use including future grants under the Plan except that, to the extent that Stock Awards or Options terminate, expire or are forfeited without having vested or without having been exercised, new Awards may be made with respect to these shares.

Appears in 1 contract

Samples: Stock Based Incentive Plan (First Capital Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!