Grant of Awards Contract Clauses (612)
Grouped Into 35 Collections of Similar Clauses From Business Contracts
This page contains Grant of Awards clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Grant of Awards. Subject to the terms and conditions in this Agreement, the Company grants to Participant on the Award Date: (a) PSU Award - for the period beginning on January 1, 2015 and ending on December 31, 2017 (the "Performance Period"), an award of __________ performance share units ("PSUs" and such award, the "PSU Award"); (b) RSU Award - for the period beginning on December 12, 2014 and ending on December 12, 2017 (except as provided below, the "Retention Period"), an award of __________ Restricted Sto
...ck Units ("RSUs" and such award, the "RSU Award"); and (c) SAR Award - for the period beginning on December 12, 2014 and ending on December 12, 2021 (the "SAR Period"), __________ Stock Appreciation Rights ("SARs" and such award, the "SAR Award") at a grant price of $__________ per share of Common Stock (the Fair Market Value of a share of Common Stock on the date of grant).
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Grant of Awards. Subject to
and upon the terms
of this Agreement and
conditions in this Agreement, the Plan, the Company grants to Participant on the
Award Date: Date of Grant: (a) PSU Award - for the
performance period beginning on January 1,
2015 20__ and ending on December 31,
2017 20__ (the
"Performance "PSU Performance Period"), an award of
__________ _________ performance share units
("PSUs" ("PSUs," and such award, the "PSU
Award"); Award"). Subject to the degree of attainment of the performance goals app...roved by the Committee and set forth on Schedule A hereto (the "Performance Goals"), Participant may earn from 0% to 200% of the PSUs; (b) RSU Award - for the period beginning on December 12, 2014 and ending on December 12, 2017 (except as provided below, the "Retention Period"), – an award of __________ service-based Restricted Stock Units ("RSUs" and such award, the "RSU Award"); and (c) SAR Award - – for the period beginning on December 12, 2014 the Date of Grant and ending on December 12, 2021 ____________, the seventh anniversary of the Date of Grant (the "SAR Exercise Period"), __________ Stock an award of ___________ Appreciation Rights ("SARs" ("SARs," and such award, the "SAR Award") at with a grant price Base Price of $__________ per share of Common Stock SAR (the Fair Market Value fair market value of a share of Common Stock Share on the date Date of grant). Grant).
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Grant of Awards. Pursuant to the Alliqua, Inc. 2011 Long-Term Incentive Plan (the "Plan") for key Employees, key Contractors, and Outside Directors of Alliqua, Inc., a Florida corporation (the "Company"), ___________________________ (the "Participant") has been granted a Restricted Stock Award in accordance with Section 6.4 of the Plan. The number of shares of Common Stock awarded under this Restricted Stock Award Agreement (this "Agreement") is ______________________________ (____________________) shares (the "
...Awarded Shares"). The "Date of Grant" of this Award is ____________, 20____.
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Grant of Awards.
Pursuant Subject to the
Alliqua, Inc. 2011 Long-Term Incentive terms and conditions stated in the Plan
and this Agreement, the Committee hereby grants to Participant an award of ____________ restricted shares (the
"Plan") for key Employees, key Contractors, and Outside Directors "Restricted Stock") of
Alliqua, Inc., a Florida corporation the Company's common stock (the
"Company"), ___________________________ "Common Stock"). The date of this grant (the
"Participant") has been granted a Restricte...d "Restricted Stock Award in accordance with Section 6.4 of the Plan. The number of shares of Common Stock awarded under this Restricted Stock Award Agreement (this "Agreement") Date") is ______________________________ (____________________) shares (the "Awarded Shares"). The "Date of Grant" of this Award is ____________, 20____. _________, 20__ .
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Grant of Awards. The Company hereby grants to the Grantee Restricted Stock Units ("RSUs") as set forth herein, subject to the terms and conditions of this Notice and the Plan. This Notice shall constitute the Award Terms for purposes of the Plan.
Grant of Awards. The Company hereby grants to the Grantee
Performance-Based Restricted Stock Units
("RSUs") ("PRSUs") as set forth herein, subject to the terms and conditions of this Notice and the Plan. This Notice shall constitute the Award Terms for purposes of the Plan.
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Grant of Awards. (a) The Company hereby grants to the Participant a Restricted Stock Unit Award in the form of an Award of (i) objective criteria performance-based and service-based restricted stock units (the "Objective Criteria Award") and (ii) qualitative criteria performance-based and service-based restricted stock units (the "Qualitative Criteria Award" and, together with the Objective Criteria Award, the "Award"), which each represent a contingent right to acquire shares of Common Stock (the "Shares"). For
... clarity, in no event shall the attainment or non-attainment of, or payments pursuant to, the Objective Criteria Targets as set forth in Schedule A have any effect on (or be contingent upon) the attainment or non-attainment of, or payments pursuant to, the Qualitative Criteria Targets as set forth in Schedule B, and similarly, in no event shall the attainment or non-attainment of, or payments pursuant to, the Qualitative Criteria Targets have any effect on (or be contingent upon) the attainment or non-attainment of, or payments pursuant to, the Objective Criteria Targets. Each of the Objective Criteria Targets (as a group) and the Qualitative Criteria Targets (as a group) shall create separate award opportunities. (b) For the purposes herein, the Shares subject to the Award are units that will be reflected in a book account maintained by the Company and that will be settled in shares of Common Stock if and only to the extent permitted under the Plan and this Agreement. Prior to issuance of any shares of Common Stock, the Award shall represent an unsecured obligation of the Company, payable (if at all) only from the Company's general assets. The Award is subject to the terms and conditions of the Plan and this Agreement, including the provisions set forth on the signature page hereto and Schedule A and Schedule B, which are attached hereto and expressly made a part of this Agreement.
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Grant of Awards. (a) The Company hereby grants to the Participant a
Restricted Stock Unit Performance Award in the form of an Award of (i) objective criteria performance-based and service-based
restricted stock units Performance Units (the "Objective Criteria Award") and (ii) qualitative criteria performance-based and service-based
restricted stock units Performance Units (the "Qualitative Criteria Award" and, together with the Objective Criteria Award, the "Award"), which each represent a contingent right to
ac...quire shares receive a cash payment based on the value of Common Stock (the "Shares"). the applicable Award. For clarity, in no event shall the attainment or non-attainment of, or payments pursuant to, the Objective Criteria Targets as set forth in Schedule A have any effect on (or be contingent upon) the attainment or non-attainment of, or payments pursuant to, the Qualitative Criteria Targets as set forth in Schedule B, and similarly, in no event shall the attainment or non-attainment of, or payments pursuant to, the Qualitative Criteria Targets have any effect on (or be contingent upon) the attainment or non-attainment of, or payments pursuant to, the Objective Criteria Targets. Each of the Objective Criteria Targets (as a group) and the Qualitative Criteria Targets (as a group) shall create separate award opportunities. (b) For The Participant shall not be deemed to be the purposes herein, the Shares subject to the Award are units that will be reflected in a book account maintained by the Company and that will be settled in shares of Common Stock if and only to the extent permitted under the Plan and this Agreement. Prior to issuance holder of any shares of Common Stock, Stock related to the Award and shall represent an unsecured obligation not have any rights to dividends, voting rights or other rights of a stockholder with respect to the Company, payable (if at all) only from the Company's general assets. Performance Units. The Award is subject to the terms and conditions of the Plan and this Agreement, including the provisions set forth on the signature page hereto and Schedule A and Schedule B, which are attached hereto and expressly made a part of this Agreement.
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Grant of Awards. The Company hereby awards to the Participant Restricted Stock Units, on the terms and conditions set forth herein and in the Plan (the "Award"). Each Restricted Stock Unit granted pursuant to this Award gives the Participant the right to receive payment, upon satisfaction of the vesting conditions set forth in this Agreement, of one share of Common Stock in the manner set forth in Section 6 below.
Grant of Awards. The Company hereby awards to the Participant
the number of Restricted Stock
Units, Units set forth in the Notice, on the terms and conditions set forth herein and in the Plan (the "Award"). Each Restricted Stock Unit granted pursuant to this Award gives the Participant the right to receive
payment, upon satisfaction of the vesting conditions set forth in this Agreement, payment of one share of Common Stock
in on the
manner payment date set forth in
Section 6 below. the Notice and this Award Agre...ement.
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Grant of Awards. In accordance with the Plan, and effective as of the date of this Agreement (the "Date of Grant"), the Company hereby grants to the Participant, subject to the terms and conditions of the Plan and this Agreement, an award of _____________________ (______) shares of Common Stock (the "Restricted Stock Award").2. Vesting. The Participant's interest in the shares of Common Stock covered by the Restricted Stock Award shall become vested and nonforfeitable to the extent provided below. (a) Continued
...Service. (i) The Participant's interest in ______ of the shares of Common Stock covered by the Restricted Stock Award shall become vested and nonforfeitable on March 1, 2017, if the Participant remains in continuous Service from the Date of Grant until March 1, 2017. (ii) The Participant's interest in an additional ______ shares of Common Stock covered by the Restricted Stock Award shall become vested and nonforfeitable on March 1, 2018, if the Participant remains in continuous Service from the Date of Grant until March 1, 2018. (iii) The Participant's interest in the remaining _____ shares of Common Stock covered by the Restricted Stock Award shall become vested and nonforfeitable on March 1, 2019, if the Participant remains in continuous Service from the Date of Grant until March 1, 2019. (b) Change in Control. The Participant's interest in all of the shares of Common Stock covered by the Restricted Stock Award (if not sooner vested), shall become vested and nonforfeitable on a Change in Control if the Participant remains in continuous Service from the Date of Grant until the effective date of the Change in Control. (c) Death or Disability. In the event of (1) Participant's death, or (2) Participant's employment is terminated based on Participant's Disability, Participant's interest in the shares of Common Stock covered by the Restricted Stock Award (if not sooner vested) that would have become vested during the twelve (12) month period commencing on the date of death or such termination if Participant had remained employed with the Company or an Affiliate during such period shall become vested and nonforfeitable as of the date of death or such termination.Except as provided in this Section 2 or any other agreement with the Company to which the Participant is a party, any shares of Common Stock covered by the Restricted Stock Award that are not vested and nonforfeitable on or before the date of the Participant's termination of Service shall be forfeited on the date that such Service terminates.3. Transferability. Shares of Common Stock covered by the Restricted Stock Award that have not become vested and nonforfeitable under Section 2 cannot be transferred.4. Stockholder Rights. On and after the Date of Grant and prior to the forfeiture of shares of Common Stock covered by the Restricted Stock Award, the Participant shall have all of the rights as stockholder of the Company with respect to such shares, including the right to vote the shares and to receive, free of all restrictions, all dividends declared with respect to such shares. Notwithstanding the preceding sentence, any shares of Common Stock issued with respect to the shares of Common Stock covered by the Restricted Stock Award in a stock dividend, stock split, or similar event, shall be vested and transferable to the extent that the shares of Common Stock covered by this Stock Award become vested and transferable under Section 2.5. Withholding. The Participant and the Company shall make arrangements acceptable to the Company for the satisfaction of any federal, state and local tax withholding requirements associated with the Restricted Stock Award.6. No Right to Continued Employment. The grant of the Restricted Stock Award does not give the Participant any right with respect to continuance of Service, nor shall it interfere in any way with the right of the Company or an Affiliate to terminate his Service at any time.7. Governing Law. This Agreement shall be governed by the laws of the State of Maryland.8. Conflicts. In the event of any conflict between the provisions of the Plan as in effect on the Date of Grant and this Agreement, the provisions of the Plan shall govern. All references herein to the Plan shall mean the Plan as in effect on the Date of Grant.9. Participant Bound by Plan. The Participant hereby acknowledges that a copy of the Plan has been made available to him and agrees to be bound by all the terms and provisions of the Plan.10. Binding Effect.
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Grant of Awards. In accordance with the Plan, and effective as of the date of this Agreement (the "Date of Grant"), the Company hereby grants to the Participant, subject to the terms and conditions of the Plan and this Agreement, an award of _____________________ (______) shares of Common Stock (the "Restricted Stock Award").2. Vesting. The Participant's interest in the shares of Common Stock covered by the Restricted Stock Award shall become vested and nonforfeitable to the extent provided
in paragraphs (a) or ...(b) below. (a) Continued Service. (i) The Participant's interest in ______ of the shares of Common Stock covered by the Restricted Stock Award shall become vested and nonforfeitable on March 1, 2016, if the Participant remains in continuous Service from the Date of Grant until March 1, 2016. The Participant's interest in an additional ______ shares of Common Stock covered by the Restricted Stock Award shall become vested and nonforfeitable on March 1, 2017, if the Participant remains in continuous Service from the Date of Grant until March 1, 2017. (ii) The Participant's interest in an additional ______ the remaining _____ shares of Common Stock covered by the Restricted Stock Award shall become vested and nonforfeitable on March 1, 2018, if the Participant remains in continuous Service from the Date of Grant until March 1, 2018. (iii) The Participant's interest in the remaining _____ shares of Common Stock covered by the Restricted Stock Award shall become vested and nonforfeitable on March 1, 2019, if the Participant remains in continuous Service from the Date of Grant until March 1, 2019. (b) Change in Control. The Participant's interest in all of the shares of Common Stock covered by the Restricted Stock Award (if not sooner vested), shall become vested and nonforfeitable on a Change in Control if the Participant remains in continuous Service from the Date of Grant until the effective date of the Change in Control. (c) Death or Disability. In the event of (1) Participant's death, or (2) Participant's employment is terminated based on Participant's Disability, Participant's interest in the shares of Common Stock covered by the Restricted Stock Award (if not sooner vested) that would have become vested during the twelve (12) month period commencing on the date of death or such termination if Participant had remained employed with the Company or an Affiliate during such period shall become vested and nonforfeitable as of the date of death or such termination.Except as provided in this Section 2 or any other agreement with the Company to which the Participant is a party, any shares of Common Stock covered by the Restricted Stock Award that are not vested and nonforfeitable on or before the date of the Participant's termination of Service shall be forfeited on the date that such Service terminates.3. Transferability. Shares of Common Stock covered by the Restricted Stock Award that have not become vested and nonforfeitable under Section 2 cannot be transferred.4. Stockholder Rights. On and after the Date of Grant and prior to the forfeiture of shares of Common Stock covered by the Restricted Stock Award, the Participant shall have all of the rights as stockholder of the Company with respect to such shares, including the right to vote the shares and to receive, free of all restrictions, all dividends declared with respect to such shares. Notwithstanding the preceding sentence, any shares of Common Stock issued with respect to the shares of Common Stock covered by the Restricted Stock Award in a stock dividend, stock split, or similar event, shall be vested and transferable to the extent that the shares of Common Stock covered by this Stock Award become vested and transferable under Section 2.5. Withholding. The Participant and the Company shall make arrangements acceptable to the Company for the satisfaction of any federal, state and local tax withholding requirements associated with the Restricted Stock Award.6. No Right to Continued Employment. The grant of the Restricted Stock Award does not give the Participant any right with respect to continuance of Service, nor shall it interfere in any way with the right of the Company or an Affiliate to terminate his Service at any time.7. Governing Law. This Agreement shall be governed by the laws of the State of Maryland.8. Conflicts. In the event of any conflict between the provisions of the Plan as in effect on the Date of Grant and this Agreement, the provisions of the Plan shall govern. All references herein to the Plan shall mean the Plan as in effect on the Date of Grant.9. Participant Bound by Plan. The Participant hereby acknowledges that a copy of the Plan has been made available to him and agrees to be bound by all the terms and provisions of the Plan.10. Binding Effect. transferred.
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Grant of Awards. Participant has been granted an Award of Performance Stock Units under the Plan comprised of an aggregate of the number of Performance Stock Units set forth below (collectively, the "Units").
Grant of Awards. Participant has been granted an Award of
Performance Restricted Stock Units under the Plan comprised of an aggregate of the number of
Performance Restricted Stock Units set forth below (collectively, the "Units").
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Grant of Awards. This Agreement evidences the grant by Cimpress N.V., a Netherlands company (the "Company"), on %%OPTION_DATE,'Month DD, YYYY'%-% to %%FIRST_NAME%-% %%LAST_NAME%-% (the "Participant") of %%TOTAL_PSUs_GRANTED%-% performance share units (the "PSUs") on the terms of this Agreement and the Company's 2016 Performance Equity Plan (the "Plan"). Each PSU represents a right to receive between 0 and 2.5 ordinary shares of the Company, €0.01 par value per share (the "Shares") upon the satisfaction of both (
...A) service-based vesting as described in Section 2 below and (B) performance conditions relating to the compound annual growth rate ("CAGR") of the three-year moving average daily price per Share ("3YMA") as described in Section 3 below. The issuance of Shares to the Participant pursuant to a PSU upon satisfaction of both the service-based condition and the performance condition described in this Agreement is a "Performance Dependent Issuance." Except as otherwise indicated by the context, the term "Participant," as used in this award, is deemed to include any person who acquires rights under this award validly under its terms. All references to the "Company" throughout this Agreement include Cimpress N.V. and all current and future parents and subsidiaries of Cimpress N.V., and if the Participant is employed by a parent or subsidiary of Cimpress N.V., then any references in this Agreement to employment by or with the Company or termination of employment by or with the Company are instead deemed to refer to such parent or subsidiary.
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Grant of Awards. This Agreement evidences the grant by Cimpress
N.V., a Netherlands plc, an Irish public limited company (the "Company"), on %%OPTION_DATE,'Month DD, YYYY'%-% to %%FIRST_NAME%-% %%LAST_NAME%-% (the "Participant") of %%TOTAL_PSUs_GRANTED%-% performance share units (the "PSUs") on the terms of this Agreement and the Company's 2016 Performance Equity Plan (the "Plan"). Each PSU represents a right to receive between 0 and 2.5 ordinary shares of the Company, €0.01
par nominal value per share (the
"Sha...res") "Shares"), upon the satisfaction of both (A) service-based vesting as described in Section 2 below and (B) performance conditions relating to the compound annual growth rate ("CAGR") of the three-year moving average daily price per Share ("3YMA") as described in Section 3 below. The issuance of Shares to the Participant pursuant to a PSU upon satisfaction of both the service-based condition and the performance condition described in this Agreement is a "Performance Dependent Issuance." Except as otherwise indicated by the context, the term "Participant," as used in this award, is deemed to include any person who acquires rights under this award validly under its terms. All references to the "Company" throughout this Agreement include Cimpress N.V. plc and all current and future parents and subsidiaries of Cimpress N.V., plc, and if the Participant is employed by a parent or subsidiary of Cimpress N.V., plc, then any references in this Agreement to employment by or with the Company or termination of employment by or with the Company are instead deemed to refer to such parent or subsidiary.
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Grant of Awards. The Company hereby grants to the Participant a target award (the "Award") of Number of Shares Granted Performance Share Units, on the terms and conditions set forth herein and in the Plan. Each Performance Share Unit that vests entitles the Participant to one share of Common Stock.
Grant of Awards. The Company hereby grants to the Participant a target award (the "Award") of
Number of Shares Granted %%TOTAL_SHARES_GRANTED%-% Performance Share Units, on the terms and conditions set forth herein and in the Plan. Each Performance Share Unit that vests entitles the Participant to one share of Common Stock.
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Grant of Awards. 2.1 Award of Restricted Stock Units. For the reasons set forth in the above recital, and in consideration of the Executive's Continued Service (as defined below) to the Company, the Company hereby grants the Executive Eight Hundred Fifty Thousand (850,000) Restricted Stock Units ("RSU's") with twenty five percent (25%) vesting immediately as of August 23, 2022 and the remaining seventy five percent (75%) vesting in three (3) equal annual amounts over three (3) years on the annual anniversary dat
...e of the initial Award as set forth below and subject to the other provisions of this Agreement: Vesting Schedule Total # of Restricted Stock Units Awarded Initial Award Date Initial Award (8/23/22) 8/23/2023 8/23/24 8/23/2025 850,000 8/22/2022 212,500 RSU's 212,500 RSU's 212,500 RSU's 212,500 RSU's 2.2 Consideration; Subject to Plan. The grant of the Award is made in consideration of the Continuous Service (as defined below) to be rendered by the Executive to the Company and is subject to the terms and conditions of this Agreement. "Continuous Service" shall mean the uninterrupted provision of services to the Company in any capacity of employee, officer, director, or other service provider. Continuous Service shall not be considered to be interrupted in the case of (i) any preapproved leave of absence, (ii) transfers among the Company in any capacity of employee, officer director, or other service provider, or (iii) any change in status as long as the Executive remains in the service of the Company in any capacity of employee, officer, director, or other service provider. An approved leave of absence shall include sick leave, military leave, or any other authorized personal leave.
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Grant of Awards. 2.1 Award of Restricted Stock Units. For the reasons set forth in the above recital, and in consideration of the Executive's Continued Service (as defined below) to the Company, the Company hereby grants the Executive
Eight Hundred Fifty One Million Twenty Thousand
(850,000) (1,020,000) Restricted Stock Units ("RSU's") with twenty five percent (25%) vesting immediately as of August 23, 2022 and the remaining seventy five percent (75%) vesting in three (3) equal annual amounts over three (3) year
...s on the annual anniversary date of the initial Award as set forth below and subject to the other provisions of this Agreement: Vesting Schedule Total # of Restricted Stock Units Awarded Initial Award Date Initial Award (8/23/22) 8/23/2023 8/23/24 8/23/2025 850,000 1,020,000 8/22/2022 212,500 255,000 RSU's 212,500 255,000 RSU's 212,500 255,000 RSU's 212,500 255,000 RSU's 2.2 Consideration; Subject to Plan. The grant of the Award is made in consideration of the Continuous Service (as defined below) to be rendered by the Executive to the Company and is subject to the terms and conditions of this Agreement. "Continuous Service" shall mean the uninterrupted provision of services to the Company in any capacity of employee, officer, director, or other service provider. Continuous Service shall not be considered to be interrupted in the case of (i) any preapproved leave of absence, (ii) transfers among the Company in any capacity of employee, officer director, or other service provider, or (iii) any change in status as long as the Executive remains in the service of the Company in any capacity of employee, officer, director, or other service provider. An approved leave of absence shall include sick leave, military leave, or any other authorized personal leave.
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