Award Contract Clauses (839)

Grouped Into 27 Collections of Similar Clauses From Business Contracts

This page contains Award clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Award. The shares of Restricted Stock awarded hereunder shall be issued and held by the Company's transfer agent in book entry form, and the Grantee's name shall be entered as the stockholder of record on the books of the Company. Thereupon, the Grantee shall have all the rights of a stockholder with respect to such shares, including voting and dividend rights, subject, however, to the restrictions and conditions specified in Paragraph 2 below. The Grantee shall (i) sign and deliver to the Company a co...py of this Award Agreement and (ii) deliver to the Company a stock power endorsed in blank. View More
Award. The shares of Restricted Stock awarded hereunder shall be issued and held by the Company's transfer agent in book entry form, and the Grantee's name shall be entered as the stockholder of record on the books of the Company. Thereupon, the Grantee shall have all the rights of a stockholder with respect to such shares, including voting and dividend rights, subject, however, to the restrictions and conditions specified in Paragraph 2 below. The Grantee shall (i) sign and deliver accept this Agreeme...nt pursuant to the Company a copy of this Award Agreement Company's instructions, which may include an online acceptance process and (ii) deliver to the Company a stock power endorsed in blank. View More
Award. The shares of Restricted Stock awarded hereunder shall be issued and held by the Company's transfer agent in book entry form, and the Grantee's Participant's name shall be entered as the stockholder of record on the books of the Company. Thereupon, the Grantee Participant shall have all the rights of a stockholder with respect to such shares, including voting and dividend rights, subject, however, to the restrictions and conditions specified in Paragraph 2 below. The Grantee Participant shall (i...) sign and deliver to the Company a copy of this Award Agreement and (ii) deliver to the Company a stock power endorsed in blank. View More
Award. The shares of Restricted Stock Shares awarded hereunder shall be issued and held by the Company's transfer agent in book entry form, and the Grantee's name shall be entered as the stockholder shareholder of record on the books of the Company. Thereupon, the Grantee shall have all the rights of a stockholder shareholder with respect to such shares, Shares, including voting and dividend rights, subject, however, to the restrictions and conditions specified in Paragraph 2 below. The Grantee shall (...i) sign and deliver to the Company a copy of this Award Agreement and (ii) deliver to the Company a stock share power endorsed in blank. View More
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Award. On December 30, 2015 ("Grant Date"), the Company granted to the Participant an option ("Option") to purchase up to 6,000,000 shares of the Company's common stock, par value $0.0001 per share ("Share" or "Shares"), subject to the terms and conditions of this Agreement. The purchase price per Share ("Exercise Price") is $0.063, which represents the fair market value of each Share on the Grant Date. This grant is in satisfaction of the Company's obligation to the Participant with respect to the New... Option Award provided for in the Executive Compensation Agreement by and between the Company and the Participant entered into as of March 10, 2015, effective as of January 1, 2015, as amended by Amendment No. 1 to Executive Compensation Agreement dated December 30, 2015 ("Executive Compensation Agreement"). View More
Award. On December 30, 2015 March 9, 2017 ("Grant Date"), the Company granted to the Participant an option ("Option") to purchase up to 6,000,000 1,500,000 shares of the Company's common stock, stock ("Common Stock"), par value $0.0001 per share ("Share" or "Shares"), subject to the terms and conditions of this Agreement. The purchase price per Share ("Exercise Price") is $0.063, $0.1040, which represents the fair market value of each Share on the Grant Date. This grant is in satisfaction of the Compan...y's obligation to the Participant with respect to the New Fourth Option Award provided for in the Executive Compensation Agreement by and between the Company and the Participant entered into as of March 10, 2015, effective as of January 1, 2015, as amended by Amendment No. 1 to Executive Compensation Agreement dated December 30, 2015 and by Amendment No. 2 to Executive Compensation Agreement dated March 10, 2017 ("Executive Compensation Agreement"). View More
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Award. Pursuant to the ______________________________ 20__ Stock Incentive Plan (the "Plan"), as of the Date of Grant, ____________ shares (the "Restricted Shares") of Common Stock shall be issued as hereinafter provided in the Employee's name subject to certain restrictions thereon. The Employee acknowledges receipt of a copy of the Plan, and agrees that this award of the Restricted Shares shall be subject to all of the terms and provisions of the Plan, including future amendments thereto, if any, pur...suant to the terms thereof. In the event of any conflict between the terms of this Agreement and the Plan, the Plan shall control. View More
Award. Pursuant In accordance with the terms of the Plan and subject to the ______________________________ 20__ terms and conditions of this Agreement, the Company hereby awards the Recipient [___________ (____)] Restricted Stock Incentive Plan (the "Plan"), Units, effective as of the Date of Grant, ____________ shares (the "Restricted Shares") of Common Stock shall be issued as hereinafter provided in the Employee's name subject to certain restrictions thereon. The Employee acknowledges receipt of a c...opy of the Plan, and agrees that this award of the Restricted Shares shall be subject to all of the terms and provisions of the Plan, including future amendments thereto, if any, pursuant to the terms thereof. In the event of any conflict between the terms of this Agreement and the Plan, the Plan shall control. Award Date. View More
Award. Pursuant to the ______________________________ 20__ Stock Incentive Plan (the "Plan"), as As of the Date of Grant, ____________ shares (the "Restricted Shares") of Common Stock shall be issued as hereinafter provided in Effective date, the Employee's name subject to certain restrictions thereon. The Employee acknowledges receipt of a copy of the Plan, and agrees that this award of the Restricted Shares shall be subject to all of the terms and provisions of the Plan, including future amendments t...hereto, if any, pursuant to the terms thereof. In the event of any conflict between the terms of this Agreement and the Plan, the Plan shall control. Recipient was granted __________ Shares. View More
Award. Pursuant to Effective on the ______________________________ 20__ Stock Incentive Plan (the "Plan"), as of _______ __, ____ the Date of Grant, ____________ shares (the "Restricted Shares") of Common Stock shall be issued as hereinafter provided in the Employee's name subject to certain restrictions thereon. The Employee acknowledges receipt of a copy of the Plan, and agrees that this award of the Restricted Shares shall be subject to all of the terms and provisions of the Plan, including future a...mendments thereto, if any, pursuant to the terms thereof. In the event of any conflict between the terms of this Agreement and the Plan, the Plan shall control. Recipient was granted ________ Units. View More
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Award. [(a) Award of PSUs. (i) AIG hereby awards you the number of performance share units ("PSUs") specified in Schedule A (the "Target PSUs") . You are also entitled to receive dividend equivalent rights in the form of cash in accordance with the Plan. Each PSU constitutes an unfunded and unsecured promise of AIG to deliver (or cause to be delivered) one Share (or, at the election of AIG, cash equal to the Fair Market Value thereof) in accordance with the Plan. (ii) The actual number of PSUs that wil...l be earned is subject to the Committee's assessment of achievement based on the Performance Measures established for the Performance Period. (iii) After the end of the Performance Period, the Committee will determine the percentage of your Target PSUs that will be earned (such earned PSUs, the "Earned PSUs"). The number of Shares covered by your Earned PSUs may range from 0% to 200% of your Target PSUs. Your Earned PSUs, if any, will vest and be paid in accordance with the schedule specified in Schedule A, subject to earlier vesting, forfeiture or termination as provided in accordance with the Plan. On any payment date, the number of Shares to be issued under this Award Agreement shall be rounded down to the nearest whole Share.] [(a)][(b)] [Award of RSUs. AIG hereby awards you the number of restricted stock units ("RSUs") specified in Schedule A. You are also entitled to receive dividend equivalent rights in the form of cash in accordance with the Plan. Each RSU constitutes an unfunded and unsecured promise of AIG to deliver (or cause to be delivered) one Share (or, at the election of AIG, cash equal to the Fair Market Value thereof) in accordance with the Plan. Until such delivery, you have only the rights of a general unsecured creditor, and no rights as a shareholder, of AIG. You will earn the RSUs subject to your continued Employment throughout the Performance Period. Your RSUs will vest and be paid in accordance with the schedule specified in Schedule A, subject to earlier vesting, forfeiture or termination as provided in accordance with the Plan. On any payment date, the number of Shares to be issued under this Award Agreement shall be rounded down to the nearest whole Share.] [(a)][(b)(c)] [Award of Stock Options. AIG hereby awards you the number of [time-vesting] [and] [performance-vesting] stock options ("Options") specified in Schedule A. Each Option represents a right to purchase one share of Common Stock of AIG, subject to the terms and conditions set forth in the Award Agreement and the Plan. The Options are subject to the [time-] [and] [performance-] vesting and expiration terms specified in Schedule A, subject to earlier vesting, forfeiture or termination as provided in accordance with the Plan. View More
Award. [(a) Award of PSUs. (i) AIG hereby awards you the number of performance share units ("PSUs") specified in Schedule A (the "Target PSUs") . PSUs"). [For PSU AWARDS in 2021 and thereafter: You are also entitled to receive dividend equivalent rights Dividend Equivalents in the form of cash in accordance with the Plan. [Only with respect to PSU AWARDS in 2019 and 2020: You are also entitled to receive Dividend Equivalents or Dividend Equivalent Units on each PSU as follows, in each case in accordanc...e with the Plan: (x) With respect to dividends declared with a record date that occurs after the second quarter of 2021, for each Earned PSU you are entitled to accrue Dividend Equivalents and such Dividend Equivalents will be paid in cash in accordance with the Plan. (y) With respect to dividends declared with a record date that occurs on or after the Date of Award (as specified in Schedule A of the Award Agreement) through the second quarter of 2021, for each Earned PSU you are entitled to accrue Dividend Equivalents Units (as defined in the Plan) in the form of additional PSUs and such Dividend Equivalent Units will be settled in cash equal to the fair market value of a Share on the settlement date in accordance with the Plan.] Each PSU constitutes an unfunded and unsecured promise of AIG to deliver (or cause to be delivered) one Share (or, at the election of AIG, cash equal to the Fair Market Value thereof) in accordance with the Plan. (ii) The actual number of PSUs that will be earned is subject to the Committee's assessment of achievement based on the Performance Measures established for the Performance Period. (iii) After the end of the Performance Period, the Committee will determine the percentage of your Target PSUs that will be earned (such earned PSUs, the "Earned PSUs"). The number of Shares covered by your Earned PSUs may range from 0% to 200% of your Target PSUs. Your Earned PSUs, if any, will vest and be paid in accordance with the schedule specified in Schedule A, subject to earlier vesting, forfeiture or termination as provided in accordance with the Plan. On any payment date, the number of Shares to be issued under this Award Agreement shall be rounded down to the nearest whole Share.] [(a)][(b)] [Award of RSUs. AIG hereby awards you the number of restricted stock units ("RSUs") specified in Schedule A. [For RSU aWARDS in 2021 and thereafter: You are also entitled to receive dividend equivalent rights Dividend Equivalents in the form of cash in accordance with the Plan. [Only with respect to RSU AWARDS in 2019 and 2020: You are also entitled to receive Dividend Equivalents or Dividend Equivalent Units on each RSU as follows, in each case in accordance with the Plan: (x) With respect to dividends declared with a record date that occurs after the second quarter of 2021, for each RSU you are entitled to accrue Dividend Equivalents and such Dividend Equivalents will be paid in cash in accordance with the Plan. (y) With respect to dividends declared with a record date that occurs on or after the Date of Award (as specified in Schedule A of the Award Agreement) through the second quarter of 2021, for each RSU you are entitled to accrue Dividend Equivalents Units (as defined in the Plan) in the form of additional RSUs and such Dividend Equivalent Units will be settled in Shares in accordance with the Plan.] Each RSU constitutes an unfunded and unsecured promise of AIG to deliver (or cause to be delivered) one Share (or, at the election of AIG, cash equal to the Fair Market Value thereof) in accordance with the Plan. Until such delivery, you have only the rights of a general unsecured creditor, and no rights as a shareholder, of AIG. You will earn the RSUs subject to your continued Employment throughout the Performance Period. Your RSUs will vest and be paid in accordance with the schedule specified in Schedule A, subject to earlier vesting, forfeiture or termination as provided in accordance with the Plan. On any payment date, the number of Shares to be issued under this Award Agreement shall be rounded down to the nearest whole Share.] [(a)][(b)(c)] [Award of Stock Options. AIG hereby awards you the number of [time-vesting] [and] [performance-vesting] stock options ("Options") specified in Schedule A. Each Option represents a right to purchase one share of Common Stock of AIG, subject to the terms and conditions set forth in the Award Agreement and the Plan. The Options are subject to the [time-] [and] [performance-] vesting and expiration terms specified in Schedule A, subject to earlier vesting, forfeiture or termination as provided in accordance with the Plan. View More
Award. [(a) Award of PSUs. (i) AIG Corebridge hereby awards you the number of performance share units ("PSUs") specified in Schedule A (the "Target PSUs") . PSUs"). You are also entitled to receive dividend equivalent rights Dividend Equivalents in the form of cash in accordance with the Plan. Each PSU constitutes an unfunded and unsecured promise of AIG Corebridge to deliver (or cause to be delivered) one Share (or, at the election of AIG, Corebridge, cash equal to the Fair Market Value thereof) in ac...cordance with the Plan. (ii) The actual number of PSUs that will be earned is subject to the Committee's assessment of achievement based on the Performance Measures established for the Performance Period. (iii) After the end of the Performance Period, the Committee will determine the percentage of your Target PSUs that will be earned (such earned PSUs, the "Earned PSUs"). The number of Shares covered by your Earned PSUs may range from 0% to 200% of your Target PSUs. Your Earned PSUs, if any, will vest and be paid in accordance with the schedule specified in Schedule A, subject to earlier vesting, forfeiture or termination as provided in accordance with the Plan. On any payment date, the number of Shares to be issued under this Award Agreement shall be rounded down to the nearest whole Share.] [(a)][(b)] [Award of RSUs. AIG Corebridge hereby awards you the number of restricted stock units ("RSUs") specified in Schedule A. You are also entitled to receive dividend equivalent rights Dividend Equivalents in the form of cash in accordance with the Plan. Each RSU constitutes an unfunded and unsecured promise of AIG Corebridge to deliver (or cause to be delivered) one Share (or, at the election of AIG, Corebridge, cash equal to the Fair Market Value thereof) in accordance with the Plan. Until such delivery, you have only the rights of a general unsecured creditor, and no rights as a shareholder, of AIG. Corebridge. You will earn the RSUs subject to your continued Employment throughout the Performance Period. Your RSUs will vest and be paid in accordance with the schedule specified in Schedule A, subject to earlier vesting, forfeiture or termination as provided in accordance with the Plan. On any payment date, the number of Shares to be issued under this Award Agreement shall be rounded down to the nearest whole Share.] [(a)][(b)(c)] [Award of Stock Options. AIG Corebridge hereby awards you the number of [time-vesting] [and] [performance-vesting] stock options ("Options") specified in Schedule A. Each Option represents a right to purchase one share of Common Stock of AIG, Corebridge, subject to the terms and conditions set forth in the Award Agreement and the Plan. The Options are subject to the [time-] [and] [performance-] vesting and expiration terms specified in Schedule A, subject to earlier vesting, forfeiture or termination as provided in accordance with the Plan. View More
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Award. Subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, the Company hereby grants the Grantee [_____] restricted Stock Units ("RSUs"), subject to the vesting terms set forth in Section 2 below. Subject to the provisions of this Agreement and the Plan, each vested RSU represents the right to receive one (1) share of Stock. The RSUs shall apply only with respect to a whole number of shares of Stock.
Award. Subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, the Company hereby grants the Grantee [_____] 3,044,272 restricted Stock Units ("RSUs"), subject to the vesting terms set forth in Section 2 below. Subject to the provisions of this Agreement and the Plan, each vested RSU represents the right to receive one (1) share of Stock. The RSUs shall apply only with respect to a whole number of shares of Stock.
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Award. (a) The Company hereby awards to the Participant, in the aggregate, [SHARES GRANTED] Restricted Stock Units which shall be subject to the conditions set forth in the Plan and this Agreement. (b) Restricted Stock Units shall be evidenced by an account established and maintained for the Participant, which shall be credited for the number of Restricted Stock Units granted to the Participant. By accepting this Award, the Participant acknowledges that the Company does not have an adequate remedy in d...amages for the breach by the Participant of the conditions and covenants set forth in this Agreement and agrees that the Company is entitled to and may obtain an order or a decree of specific performance against the Participant issued by any court having jurisdiction. (c) Except as provided in the Plan or this Agreement, prior to vesting as provided in Section 3 of this Agreement, the Restricted Stock Units will be forfeited by the Participant and all of the Participant's rights to Stock or cash underlying the Award shall immediately terminate without any payment or consideration by the Company, in the event of a Participant's termination of Service, as provided in Section 4 of this Agreement below. (d) Dividend Equivalent Rights. If the Company pays any cash dividend on its outstanding Stock for which the record date occurs after the Grant Date, the Committee will credit the Participant's account as of the dividend payment date in an amount equal to the cash dividend paid on one share of Stock multiplied by the number of Restricted Stock Units under this Agreement that have not been settled as of that record date ("Dividend Equivalents"). Such Dividend Equivalents will be subject to the vesting requirements of Section 3 of this Agreement below, and no Dividend Equivalents will vest or be paid to the Participant unless and until the corresponding Restricted Stock Unit vests and is settled. (e) Rights as Stockholder. The Participant shall have no rights as a stockholder with respect to any Restricted Stock Unit until he or she shall have become the holder of record of such Stock, and except as otherwise provided in this Agreement or the Plan, no adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date upon which the Participant shall become the holder of record thereof. View More
Award. (a) The Company hereby awards to the Participant, in the aggregate, [SHARES GRANTED] Restricted Stock Units which shall be subject to the conditions set forth in the Plan and this Agreement. (b) Restricted Stock Units shall be evidenced by an account established and maintained for the Participant, which shall be credited for the number of Restricted Stock Units granted to the Participant. By accepting this Award, the Participant acknowledges that the Company does not have an adequate remedy in d...amages for the breach by the Participant of the conditions and covenants set forth in this Agreement and agrees that the Company is entitled to and may obtain an order or a decree of specific performance against the Participant issued by any court having jurisdiction. (c) Except as provided in the Plan or this Agreement, prior to vesting as provided in Section 3 of this Agreement, the Restricted Stock Units will be forfeited by the Participant and all of the Participant's rights to Stock or cash underlying the Award shall immediately terminate without any payment or consideration by the Company, in the event of a Participant's termination of Service, employment as provided in Section 4 of this Agreement below. (d) Dividend Equivalent Rights. If the Company pays any cash dividend on its outstanding Stock for which the record date occurs after the Grant Date, the Committee will credit the Participant's account as of the dividend payment date in an amount equal to the cash dividend paid on one share of Stock multiplied by the number of Restricted Stock Units under this Agreement that have not been settled are unvested as of that record date ("Dividend Equivalents"). Such Dividend Equivalents will be subject to the vesting requirements of Section 3 of this Agreement below, and no Dividend Equivalents will vest or be paid to the Participant unless and until the corresponding Restricted Stock Unit vests and is settled. (e) Rights as Stockholder. The Participant shall have no rights as a stockholder with respect to any Restricted Stock Unit until he or she shall have become the holder of record of such Stock, and except as otherwise provided in this Agreement or the Plan, no adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date upon which the Participant shall become the holder of record thereof. 1 3. Vesting. Subject to Sections 2 and 4 of this Agreement, the Award will vest with respect to (a) 33% upon the day of the first anniversary of the Grant Date; (b) an additional 33% upon the day of the second anniversary of the Grant Date; and (c) the final 34% upon the day of the third anniversary of the Grant Date; provided, that, the Participant is then employed by the Company or an Affiliate. Notwithstanding the foregoing, subject to the limitations of the Plan, the Committee may accelerate the vesting of all or part of the Award at any time and for any reason. As soon as practicable after the Award vests and consistent with Section 409A of the Code, payment shall be made in Stock (based upon the Fair Market Value of the Stock on the day all restrictions lapse) and cash in the amount of any Dividend Equivalents credited to the Participant's account with respect to such shares of Stock. The Committee shall cause the Stock to be electronically delivered to the Participant's electronic account with respect to such Stock free of all restrictions. Pursuant to Section 11 of this Agreement, the cash and/or the number of shares delivered shall be net of the amount of cash and/or the number of shares withheld for satisfaction of Tax-Related Items (as defined below), if applicable. View More
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Award. Subject to the terms and conditions of this Agreement, the Company shall issue to the Employee the number of shares of common stock ("Common Stock") of the Company ("Performance Shares") determined under this Agreement based on (a) the Company's performance during the three-year period from to (the "Performance Period") as described in Section 2, and (b) Employee's continued employment through the Performance Period as described in Section 3. Recipient's "Target Share Amount" for purposes of thi...s Agreement is shares. View More
Award. Subject to the terms and conditions of this Agreement, the Company shall issue pay to the Employee the number of shares of common stock ("Common Stock") of the Company ("Performance Shares") dollar amount ("LTIP Payout") determined under this Agreement based on (a) the Company's performance during the three-year two-year period from to (the "Performance Period") as described in Section 2, and (b) Employee's continued employment through the Performance Period as described in Section 3. Recipient'...s "Target Share Amount" for purposes of this Agreement is shares. $ . View More
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Award. The Company grants to Recipient 277,780 performance share units ("PSUs") with respect to the Company's common shares ("Common Shares"). Subject to the terms and conditions of this Agreement and the Employment Agreement, the Company shall issue to Recipient the number of Common Shares of the Company corresponding to the number of PSUs determined under this Agreement based on (a) the performance of the Company as described in Section 2 and (b) Recipient's continued employment as during the entire ...Performance Period (as defined below) pursuant to Section 3. View More
Award. The Company grants to Recipient 277,780 346,638 performance share units ("PSUs") with respect to the Company's common shares ("Common Shares"). Subject to the terms and conditions of this Agreement and the Employment Agreement, the Company shall issue to Recipient the number of Common Shares of the Company corresponding to the number of PSUs determined under this Agreement based on (a) the performance of the Company as described in Section 2 and (b) Recipient's continued employment through the d...ate the applicable PSUs vest as during the entire Performance Period (as defined below) pursuant to described in Section 3. 2 (a "Vesting Event"). View More
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Award. Pursuant to the terms of the Plan and in consideration of the covenants and promises of the Grantee herein contained, the Company hereby awards to the Grantee as of the Grant Date nonqualified stock options to purchase from the Company at the applicable Base Price the number and type of shares of Common Stock authorized by the Plan Administrator and set forth in the notice of online grant delivered to the Grantee pursuant to the Company's online grant and administration program, subject to the c...onditions and restrictions set forth in this Agreement and in the Plan (the "Options"). The Options are exercisable as set forth in Section 3 during the period commencing on the Grant Date and expiring at the Close of Business on the Option Termination Date (the "Term"), subject to earlier termination as provided in Section 7 below. However, if the Term expires when trading in the Common Stock is prohibited by law or the Company's insider trading policy, then the Term shall expire on the 30th day after the expiration of such prohibition. No fractional shares of Common Stock will be issuable upon exercise of an Option, and the Grantee will receive, in lieu of any fractional share of such Common Stock that the Grantee otherwise would receive upon such exercise, cash equal to the fraction representing such fractional share multiplied by the Fair Market Value of one share of such Common Stock as of the date on which such exercise is considered to occur pursuant to Section 4. View More
Award. Pursuant to the terms of the Plan and in consideration of the covenants and promises of the Grantee herein contained, the Company hereby awards to the Grantee as of the Grant Date nonqualified stock options to purchase from the Company at the applicable Base Price the number and type of shares of Common Stock authorized by the Plan Administrator and set forth in the notice of online grant delivered to the Grantee pursuant to the Company's online grant and administration program, subject to the c...onditions and restrictions set forth in this Agreement and in the Plan (the "Options"). The Options are exercisable as set forth in Section 3 during the period commencing on the Grant Date and expiring at the Close of Business on the Option Termination Date (the "Term"), subject to earlier termination as provided in Section 7 below. However, if the Term expires when trading in the Common Stock is prohibited by law or the Company's insider trading policy, then the Term shall expire on the 30th day after the expiration of such prohibition. No fractional shares of Common Stock will be issuable upon exercise of an Option, and the Grantee will receive, in lieu of any fractional share of such Common Stock that the Grantee otherwise would receive upon such exercise, cash equal to the fraction representing such fractional share multiplied by the Fair Market Value of one share of such Common Stock as of the date on which such exercise is considered to occur pursuant to Section 4. View More
Award. Pursuant to the terms of the Plan and in consideration of the covenants and promises of the Grantee herein contained, the Company hereby awards to the Grantee as of the Grant Date nonqualified stock options to purchase from the Company at the applicable Base Price the number and type of shares of Common Stock authorized by the Plan Administrator and set forth in the notice of online grant delivered to the Grantee pursuant to the Company's online grant and administration program, subject to the c...onditions and restrictions set forth in this Agreement and in the Plan (the "Options"). The Options are exercisable as set forth in Section 3 during the period commencing on the Grant Date and expiring at the Close of Business on the Option Termination Date (the "Term"), subject to earlier termination as provided in Section 7 below. However, if the Term expires when trading in the Common Stock is prohibited by law or the Company's insider trading policy, then the Term shall expire on the 30th day after the expiration of such prohibition. No fractional shares of Common Stock will be issuable upon exercise of an Option, and the Grantee will receive, in lieu of any fractional share of such Common Stock that the Grantee otherwise would receive upon such exercise, cash equal to the fraction representing such fractional share multiplied by the Fair Market Value of one share of such Common Stock as of the date on which such exercise is considered to occur pursuant to Section 4. View More
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Award. The Full Value Award is in all respects subject to the terms, definitions and provisions of the Envestnet, Inc. 2010 Long-Term Incentive Plan ("Plan") and the Certificate, each of which is incorporated herein by reference, as well as these Terms and Conditions. These Terms and Conditions, together with the Certificate, and the Plan constitute the Full Value Award agreement under the Plan. Unless the context clearly provides otherwise, the capitalized terms herein shall have the meaning ascribed ...to such terms under the Plan. View More
Award. The Full Value Award This Option is in all respects subject to the terms, definitions and provisions of the Envestnet, Inc. 2010 Long-Term Incentive Plan ("Plan") and the Certificate, each of which is incorporated herein by reference, as well as these Terms and Conditions. These Terms and Conditions, together with the Certificate, and the Plan constitute the Full Value Award Option agreement under the Plan. Unless the context clearly provides otherwise, the capitalized terms herein shall have th...e meaning ascribed to such terms under the Plan. This Option is intended to be a Nonqualified Stock Option. View More
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