Grant of Restricted Stock Clause Example with 5 Variations from Business Contracts

This page contains Grant of Restricted Stock clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Grant of Restricted Stock. 1.1 The Company hereby grants to you this Award of Shares of Performance Based Restricted Stock in the number set out in an electronic notification by the Company's stock option plan administrator, as may be appointed from time to time (the "Plan Administrator"). The Shares of Performance Based Restricted Stock granted pursuant to this Award shall be issued in the form of a book entry of Shares in your name as soon as reasonably practicable after the Date of Grant and shall be subject to your (o...r your estate's, if applicable) acknowledgement and acceptance of this Agreement by electronic means to the Plan Administrator as provided in Section 9 hereof, or as you have been otherwise instructed. 1.2 This Agreement shall be construed in accordance and consistent with, and subject to, the provisions of the Plan (the provisions of which are hereby incorporated by reference) and, except as otherwise expressly set forth herein, the capitalized terms used in this Agreement shall have the same definitions as set forth in the Plan. View More

Variations of a "Grant of Restricted Stock" Clause from Business Contracts

Grant of Restricted Stock. 1.1 The Company hereby grants to you this Award of Shares of Performance Based Restricted Stock in the number set out in an electronic notification by the Company's stock option plan administrator, as may be appointed from time to time (the "Plan Administrator"). The Shares of Performance Based Restricted Stock granted pursuant to this Award shall be issued in the form of a book entry of Shares in your name as soon as reasonably practicable after the Date of Grant and shall be subject to your (o...r your estate's, if applicable) acknowledgement and acceptance of this Agreement by electronic means to the Plan Administrator as provided in Section 9 hereof, or as you have been otherwise instructed. 1.2 This Agreement shall be construed in accordance Award has been granted as an "employment inducement award" pursuant to the exemption provided by Section 303A.08 of the New York Stock Exchange Listed Company Manual, is not issued under the Plan, and consistent with, does not reduce the share reserve under the Plan. However, for purposes of interpreting the applicable provisions of this Agreement, the terms and subject to, the provisions conditions of the Plan (the provisions of which are hereby incorporated by reference) and, except (other than those applicable to the share reserve) shall govern and apply to this Award as if this Award had actually been issued under the Plan. Except as otherwise expressly set forth herein, the capitalized terms used in this Agreement shall have the same definitions as set forth in the Plan. View More
Grant of Restricted Stock. 1.1 The Company hereby grants to you this Award of Shares of Performance Based Restricted Stock in the number set out in an electronic notification by the Company's stock option plan administrator, as may be appointed from time to time (the "Plan Administrator"). The Shares of Performance Based Restricted Stock granted pursuant to this Award shall be issued in the form of a book entry of Shares in your name as soon as reasonably practicable after the Date of Grant and shall be subject to your (o...r your estate's, if applicable) acknowledgement and acceptance of this Agreement by electronic means to the Plan Administrator as provided in Section 9 hereof, or as you have been otherwise instructed. 1.2 This Agreement shall be construed in accordance Award has been granted as an "employment inducement award" pursuant to the exemption provided by Section 303A.08 of the New York Stock Exchange Listed Company Manual, is not issued under the Plan, and consistent with, does not reduce the share reserve under the Plan. However, for purposes of interpreting the applicable provisions of this Agreement, the terms and subject to, the provisions conditions of the Plan (the provisions of which are hereby incorporated by reference) and, except (other than those applicable to the share reserve) shall govern and apply to this Award as if this Award had actually been issued under the Plan. Except as otherwise expressly set forth herein, the capitalized terms used in this Agreement shall have the same definitions as set forth in the Plan. View More
Grant of Restricted Stock. 1.1 The Company hereby grants to you this Award of Shares of Performance Based Restricted Stock in the number set out in an electronic notification to you by the Company's stock option plan administrator, as may be appointed from time to time (the "Plan Administrator"). The Shares of Performance Based Restricted Stock granted pursuant to this Award shall be issued in the form of a book entry of Shares in your name as soon as reasonably practicable after the Grant Date of Grant and shall be subje...ct to your (or your estate's, if applicable) acknowledgement and acceptance of this Agreement by electronic means to the Plan Administrator as provided in Section 9 hereof, or as you have been otherwise instructed. 1.2 This Agreement shall be construed in accordance and consistent with, and subject to, the provisions of the Plan (the provisions of which are hereby incorporated by reference) and, except as otherwise expressly set forth herein, the capitalized terms used in this Agreement shall have the same definitions as set forth in the Plan. 1.3 References to "termination of employment" shall be deemed references to "termination of service" with respect to Participants who are non-employees, such as advisors, consultants, and Directors. View More
Grant of Restricted Stock. 1.1 The Company hereby grants to you this Award of time-based Shares of Performance Based Restricted Stock ("Time Based Shares") and performance-based Shares of Restricted Stock ("Performance-Based Shares"), each in the number set out in an electronic notification to you by the Company's stock option plan administrator, as may be appointed from time to time (the "Plan Administrator"). The Shares of Performance Based Restricted Stock granted pursuant to this Award shall be issued in the form of a... book entry of Shares in your name as soon as reasonably practicable after the Grant Date of Grant and shall be subject to your (or your estate's, if applicable) acknowledgement and acceptance of this Agreement by electronic means to the Plan Administrator as provided in Section 9 hereof, or as you have been otherwise instructed. 1.2 This Agreement shall be construed in accordance and consistent with, and subject to, the provisions of the Plan (the provisions of which are hereby incorporated by reference) and, except as otherwise expressly set forth herein, the capitalized terms used in this Agreement shall have the same definitions as set forth in the Plan. 1.3 References to "termination of employment" shall be deemed references to "termination of service" with respect to Participants who are non-employees, such as advisors, consultants, and Directors. View More
Grant of Restricted Stock. 1.1 The Company hereby grants to you this Award of Shares of Performance Based Restricted Stock in the number set out in an electronic notification to you by the Company's stock option plan administrator, as may be appointed from time to time (the "Plan Administrator"). The Shares of Performance Based Restricted Stock granted pursuant to this Award shall be issued in the form of a book entry of Shares in your name as soon as reasonably practicable after the Grant Date of Grant and shall be subje...ct to your (or your estate's, if applicable) acknowledgement and acceptance of this Agreement by electronic means to the Plan Administrator as provided in Section 9 hereof, or as you have been otherwise instructed. 1.2 This Agreement shall be construed in accordance and consistent with, and subject to, the provisions of the Plan (the provisions of which are hereby incorporated by reference) and, except as otherwise expressly set forth herein, the capitalized terms used in this Agreement shall have the same definitions as set forth in the Plan. View More