Award Certificate definition
Examples of Award Certificate in a sentence
Notwithstanding any other provision of the Plan or this Agreement, if the Participant is subject to Section 16 of the Exchange Act, the Plan, the Award Certificate, this Agreement and the Shares will be subject to any additional limitations set forth in any applicable exemptive rule under Section 16 of the Exchange Act (including any amendment to Rule 16b-3) that are requirements for the application of such exemptive rule.
The Participant acknowledges that the Plan, the Award Certificate and this Agreement are intended to conform to the extent necessary with all Applicable Laws and, to the extent Applicable Laws permit, will be deemed amended as necessary to conform to Applicable Laws.
Effective as of the Grant Date, in consideration of the services provided or to be provided by the Participant to the Company, the Partnership or any Subsidiary, the Company hereby issues to the Participant pursuant to the Plan the number shares of Common Stock (the “Shares”) set forth in the Award Certificate, subject to the terms and conditions of the Plan, this Agreement and the Award Certificate.
If an executed copy of the Award Certificate is not returned to the Company by the date indicated in the Award Certificate, the grant of Shares hereunder shall be automatically deemed approved and accepted as of the agreement due date.