Examples of XXX Shares in a sentence
Pursuant to the provisions of the Plan, the Company hereby awards the Award Recipient, subject to the terms and conditions of the Plan (incorporated herein by reference), and subject further to the terms and conditions in this Agreement, XXX Shares of $5.00 par value common stock of the Company (the “Stock Award”).
Xxxxxxx owns 13,242,379 shares of common stock, $.001 par value per share, of the Company ("Common Stock") ("William's Certificated Shares") and 26,250 shares of Common Stock through his Individual Retirement Account (the "XXX Shares", which together with William's Certificated Shares, shall be referred to in this Agreement collectively as "William's Shares"), in each case subject to adjustment as provided in Section 6.11 below.
Xxxxxxx through his Individual Retirement Account is the sole beneficial owner of the XXX Shares.
Pursuant to the provisions of the Plan, the Company hereby awards the Award Recipient, subject to the terms and conditions of the Plan (incorporated herein by reference), and subject further to the terms and conditions in this Agreement, XXX Shares of $5.00 par value common stock of the Company (the "Stock Award").
The Number of Options The employee is hereby granted XXX Options to purchase up to XXX Shares.