Stock Grant Plan definition
Examples of Stock Grant Plan in a sentence
The Company plans to establish one or more Restricted Stock Grant plans (the “Restricted Stock Grant Plans”) for Company Directors and Company Officers of the Company and will use its best efforts to establish the effectiveness of such Restricted Stock Grant Plans within 90 days of the Commencement Date (the “Restricted Stock Grant Plan Date”).
This agreement is granted pursuant to, and is subject to the terms and conditions of the MediaComm Broadcasting Systems Non-Qualified Stock Option and Stock Grant Plan dated March 1, 1999 (the "Plan").
Nursing Field Operations Stock Grant Plan for Key Management Employees, the Manor Care, Inc.
Stock Grant Plan (the “Plan”), a copy of which is attached hereto.
Hotel Franchise Operations Stock Grant Plan for Choice Hotels International, Inc.
You are being granted 11,000 shares of Sabre Communications restricted stock, to be held under the terms of Sabre’s Incentive Restricted Stock Grant Plan, a copy of which is attached.
Company, in its sole discretion, reserves the right to substitute equivalent shares of Class D common stock under the Radio One 2009 Stock Option and Restricted Stock Grant Plan (“Plan”) in lieu of cash payments otherwise due under Section 4(d)(i) through (ii) of this Agreement.
Provided that Employee remains employed by Company on the vesting dates, such shares shall vest in equal increments on August 5, 2008 and August 5, 2009, or alternatively, shall vest fully in the event of a Change in Control of Company (as defined in the Amended and Restated 1999 Stock Option and Restricted Stock Grant Plan).
Any stock earned by the Executive pursuant to the Company's Executive Stock Grant Plan as of the date of Executive's termination shall be considered to have vested as of the date of Executive's termination from the Company.
The Executive shall be eligible to receive stock grants, granted pursuant to the Stock Grant Plan, on such terms and conditions as the Board in its discretion may determine.