Common use of Terms of Grant Clause in Contracts

Terms of Grant. The Participant hereby accepts the offer of the Company to issue to the Participant, in accordance with the terms of the Plan and this Agreement, 100,000 Shares of the Company’s Common Stock (such shares, subject to adjustment pursuant to Section 24 of the Plan and Subsection 2.1(i) hereof, the “Granted Shares”) at a purchase price per share of $0.001 (the “Purchase Price”), receipt of which is hereby acknowledged by the Company by the Participant’s prior service to the Company and which amount will be reported as income on the Participant’s W-2 for this calendar year. The Participant hereby agrees to become a party to the Stockholders’ Agreement dated August 21, 2006 between the Company and its stockholders (the “Stockholders’ Agreement”), and Participant agrees to execute any certificates or other documentation that the Company reasonably deems appropriate in order for the Participant to become a party to the Stockholders’ Agreement. In addition to the restrictions expressly set forth in this Agreement, the Granted Shares hereby shall not be transferred by the Participant except as permitted in the Stockholders’ Agreement.

Appears in 2 contracts

Samples: Restricted Stock Agreement (BioHorizons, Inc.), Restricted Stock Agreement (BioHorizons, Inc.)

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Terms of Grant. The Participant hereby accepts the offer of the Company to issue to the Participant, in accordance with the terms of the Plan and this Agreement, 100,000 10,000 Shares of the Company’s Common Stock (such shares, subject to adjustment pursuant to Section 24 of the Plan and Subsection 2.1(i) hereof, the “Granted Shares”) at a purchase price per share of $0.001 (the “Purchase Price”), receipt of which is hereby acknowledged by the Company by the Participant’s prior service to the Company and which amount will be reported as income on the Participant’s W-2 for this calendar year. The Participant hereby agrees to become a party to the Stockholders’ Agreement dated August 21, 2006 between the Company and its stockholders (the “Stockholders’ Agreement”), and Participant agrees to execute any certificates or other documentation that the Company reasonably deems appropriate in order for the Participant to become a party to the Stockholders’ Agreement. In addition to the restrictions expressly set forth in this Agreement, the Granted Shares hereby shall not be transferred by the Participant except as permitted in the Stockholders’ Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (BioHorizons, Inc.)

Terms of Grant. The Participant hereby accepts the offer of the Company to issue to the Participant, in accordance with the terms of the Plan and this Agreement, 100,000 480,000 Shares of the Company’s Common Stock (such shares, subject to adjustment pursuant to Section 24 of the Plan and Subsection 2.1(i2.1 (i) hereof, the “Granted Shares”) at a purchase price per share of $0.001 (the “Purchase Price”), receipt of which is hereby acknowledged by the Company by the Participant’s prior service to the Company and which amount will be reported as income on the Participant’s W-2 for this calendar year. The Participant hereby agrees to become a party to the Stockholders’ Agreement dated August 21, 2006 between the Company and its stockholders (the “Stockholders’ Agreement”), and Participant agrees to execute any certificates or other documentation that the Company reasonably deems appropriate in order for the Participant to become a party to the Stockholders’ Agreement. In addition to the restrictions expressly set forth in this Agreement, the Granted Shares hereby shall not be transferred by the Participant except as permitted in the Stockholders’ Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (BioHorizons, Inc.)

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Terms of Grant. The Participant hereby accepts the offer of the Company to issue to the Participant, in accordance with the terms of the Plan and this Agreement, 100,000 Shares of the Company’s Common Stock (such shares, subject to adjustment pursuant to Section 24 of the Plan and Subsection 2.1(i) hereof, the “Granted Shares”) at a purchase price per share of $0.001 0.01 (the “Purchase Price”), receipt of which is hereby acknowledged by the Company by the Participant’s prior service to the Company and which amount will be reported as income on the Participant’s W-2 for this calendar year. The Participant hereby agrees to become a party to the Stockholders’ Agreement dated August 21, 2006 between the Company and its stockholders (the “Stockholders’ Agreement”), and Participant agrees to execute any certificates or other documentation that the Company reasonably deems appropriate in order for the Participant to become a party to the Stockholders’ Agreement. In addition to the restrictions expressly set forth in this Agreement, the Granted Shares hereby shall not be transferred by the Participant except as permitted in the Stockholders’ Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (BioHorizons, Inc.)

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