Examples of Deferred Stock Agreement in a sentence
The terms of any grant of Deferred Stock shall be confirmed by the execution of a Deferred Stock Agreement.
Pursuant to the Deferred Stock Agreement for Directors, these shares shall be settled and paid 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.
Each Option Agreement, Restricted Stock Agreement, Restricted Stock Unit Agreement, Performance Share Unit Agreement, SAR Agreement or Deferred Stock Agreement shall contain such representations, warranties and other terms and conditions as shall be necessary in the opinion of counsel to the Company to comply with all applicable federal and state securities laws.
Each Award of Options, Restricted Stock or Deferred Stock shall be evidenced by an Option Agreement, a Restricted Stock Agreement or a Deferred Stock Agreement.
Awards of Deferred Stock shall be made pursuant to a Deferred Stock Agreement between the Company and each Awardee that may contain additional terms specified by the Committee.
The deferred common stock units will not be converted into shares until certain events or dates as specified in the Deferred Stock Agreement.
Vested Deferred Stock granted pursuant to this Section 8.3 shall be distributed to the Participant in the form of Shares in the manner specified in the Deferred Stock Agreement, or over such shorter period as the Committee may direct.
Each Option Agreement, Restricted Stock Agreement, SAR Agreement or Deferred Stock Agreement shall contain such representations, warranties and other terms and conditions as shall be necessary in the opinion of counsel to the Company to comply with all applicable federal and state securities laws.
If said conditions are not met, all undistributed Deferred Stock will be forfeited and the Deferred Stock Agreement terminated without payment.
To this end, NWLDC will encourage and develop tenant and residents associations in sheltered schemes and provide the necessary staff support from the housing division.