Common use of Unrestricted Stock Award Clause in Contracts

Unrestricted Stock Award. In the event that Grantee continues to serve as a director, officer or employee of the Company or any subsidiary of the Company on the date indicated below, the Company shall issue to Grantee, at no cost to Grantee, an unrestricted stock award, pursuant to Section 7 of the Company’s 2001 Nonqualified Stock Plan (the “Plan”), of the applicable number shares of common stock, $0.01 par value per share, of the Company (“Unrestricted Stock”) indicated below.

Appears in 3 contracts

Samples: Unrestricted Stock Award Agreement (Aware Inc /Ma/), Unrestricted Stock Award Agreement (Aware Inc /Ma/), Unrestricted Stock Award Agreement (Aware Inc /Ma/)

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Unrestricted Stock Award. In the event that Grantee continues to serve as a director, officer or employee of the Company or any subsidiary of the Company on the date indicated below, the The Company shall issue to Grantee, at no cost to Grantee, an unrestricted stock award, pursuant to Section 7 of the Company’s 2001 Nonqualified Stock Plan (the “Plan”), of the applicable number for [___________] shares of common stock, $0.01 par value per share, of the Company (the “Unrestricted Stock”) indicated below).

Appears in 1 contract

Samples: Unrestricted Stock Award Agreement (Aware Inc /Ma/)

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