Award of Stock Contract Clauses (46)

Grouped Into 3 Collections of Similar Clauses From Business Contracts

This page contains Award of Stock clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Award of Stock. Internap Corporation (the "Company") hereby awards to the director ("Participant") named in the Notice of Grant of Restricted Stock ("Notice"), a grant of Restricted Stock ("Stock") for the total number of shares set forth on the Notice (the "Award"), subject to the terms, definitions and provisions of the Internap Corporation Amended and Restated 2017 Stock Incentive Plan, (the "Plan"), which is incorporated herein by reference, and the terms of this Stock Grant Certificate (the "Certificate") ...and Plan Prospectus. Unless otherwise defined herein, terms not defined in this Certificate shall have the meanings ascribed to them in the Plan. In the event of a conflict between the terms and conditions of the Plan and those of this Certificate, the terms and conditions of the Plan shall prevail. View More
Award of Stock. Internap Network Services Corporation (the "Company") hereby awards to the employee or director ("Participant") named in the Notice of Grant of Restricted Stock Award ("Notice"), a grant of Restricted Stock ("Stock") for the total number of shares set forth on the Notice (the "Award"), subject to the terms, definitions and provisions of the Internap Network Services Corporation Amended and Restated 2017 2014 Stock Incentive Plan, Plan (the "Plan"), which is incorporated herein by reference, and ...the terms of this Stock Grant Certificate (the "Certificate") and Plan Prospectus. Unless otherwise defined herein, terms not defined in this Certificate shall have the meanings ascribed to them in the Plan. In the event of a conflict between the terms and conditions of the Plan and those of this Certificate, the terms and conditions of the Plan shall prevail. View More
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Award of Stock. Pursuant to the Plan, the Corporation, on March 14, 2018 (the "Award Date"), grants to Participant an award of «# Shares» shares of restricted Common Stock (the "Performance Stock"). This award of Performance Stock is subject to the terms and conditions of the Plan and subject further to the terms and conditions set forth herein.
Award of Stock. Pursuant to the Plan, the Corporation, on March 14, 2018 January 2, 2017 (the "Award Date"), grants to Participant an award of «# Shares» shares of restricted Common Stock (the "Performance Stock"). This award of Performance Stock is subject to the terms and conditions of the Plan and subject further to the terms and conditions set forth herein.
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Award of Stock. 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").2. Vesting of Stock Award. The unvested portion of the Stock Award is subject to forfeiture. Subject to the terms of the Plan and this Agreement, including without limitation, fulfillm...ent of the employment requirements in paragraph 5 below, the Stock Award will vest and become free of restrictions in accordance with the following schedule (except in the case of the Award Recipient's earlier death or Disability or an earlier Change of Control of the Company): 50% of the Shares covered by this Stock Award shall vest and become free of restrictions on the third anniversary of the Effective Date of this Stock Award and 25% of the Shares covered by this Stock Award shall vest and become free of restrictions on each of the fourth and fifth anniversaries of the Effective Date. Any fraction of a Share that would otherwise vest on any date will be rounded down to the next lowest whole number, with any such fraction added to the portion of the Stock Award that vests and becomes free of restrictions on the next vesting date. As soon as administratively feasible after the vesting of any portion of the Stock Award and the satisfaction of any applicable taxes pursuant to paragraph 13 of this Agreement, the Company will deliver to the Award Recipient (or to the designated Beneficiary of the Award Recipient if the Award Recipient is not then living) evidence of his or her ownership (by book entry or certificate), of the Shares subject to the Stock Award that have vested and for which any applicable taxes have been paid. View More
Award of Stock. 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").2. Vesting of Stock Award. The unvested portion of Until it is vested, the Stock Award is subject to forfeiture. Subject to the terms of the Plan and this Agreement, including without ...limitation, paragraph 6 and fulfillment of the employment requirements in paragraph 5 below, the Stock Award will vest and become free of restrictions in accordance with the following schedule (except in the case of the Award Recipient's earlier death or Disability or an earlier Change of Control of the Company): 50% of the Shares covered by this Stock Award shall vest and become free of restrictions on the third anniversary of the Effective Date of this Stock Award and 25% of the Shares covered by this Stock Award shall vest and become free of restrictions on each of the fourth and fifth anniversaries of the Effective Date. Any fraction of a Share that would otherwise vest on any date will be rounded down to the next lowest whole number, with any such fraction added to the portion of the Stock Award that vests and becomes free of restrictions on the next vesting date. Award. As soon as administratively feasible after the vesting of any portion of the Stock Award and the satisfaction of any applicable taxes pursuant to paragraph 13 of this Agreement, the Company will deliver to the Award Recipient (or to the designated Beneficiary of the Award Recipient if the Award Recipient is not then living) evidence of his or her ownership (by book entry or certificate), of the Shares subject to the vested Stock Award that have vested and for which any applicable taxes have been paid. View More
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