Grant of Shares Contract Clauses (158)

Grouped Into 7 Collections of Similar Clauses From Business Contracts

This page contains Grant of Shares clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Grant of Shares. Upon the execution of this Agreement, the Company shall issue to the Recipient, in consideration of the Recipient's service to the Company, subject to the terms and conditions set forth in this Agreement, shares of common stock, $0.05 par value per share, of the Company ("Common Stock"). Such shares, together with any securities of the Company that may be issued in exchange for or in respect of the shares, whether by way of stock split, stock dividend, combination of shares, reclassification, re...capitalization, reorganization or any other means, shall be referred to herein as the "Shares." 2. Forfeiture of Unvested Shares. In the event that the Recipient ceases to provide Service to the Company for any reason or no reason, with or without cause ("Termination"), all of the Shares that have not become Vested Shares as of the date of Termination in accordance with the vesting schedule set forth in Exhibit A (any such shares, "Unvested Shares") and all rights therein shall immediately be transferred to the Company pursuant to Exhibit A hereto, and as of the date of Termination the Recipient shall have no further rights with respect to such Shares; provided, however, in the event the Recipient ceases to provide Service to the Company by reason of death or Disability (as defined in the Plan), any Unvested Shares shall be immediately vested and the Restricted Period (as defined in Exhibit A) shall immediately terminate. View More
Found in AstroNova, Inc. contract
Grant of Shares. Upon the execution of this Agreement, the Company shall issue to the Recipient, Grantee, in consideration of the Recipient's Grantee's service to the Company, subject to the terms and conditions set forth in this Agreement, 20,000 shares of common stock, $0.05 $0.01 par value per share, of the Company ("Common Stock"). Company. Such shares, together with any securities of the Company that may be issued in exchange for or in respect of the shares, whether by way of stock split, stock dividend, co...mbination of shares, reclassification, recapitalization, reorganization or any other means, shall be referred to herein as the "Shares." 2. Forfeiture of Unvested Shares. In the event that the Recipient Grantee ceases to provide Service to serve as a director, an officer or an employee of the Company or any subsidiary of the Company for any reason or no reason, with or without cause ("Termination"), all of the Shares that have not become Vested Shares "Vested Shares" as of the date of Termination in accordance with the vesting schedule set forth in Exhibit A hereto (any such shares, "Unvested Shares") and all rights therein shall immediately be transferred to the Company pursuant to Exhibit A hereto, Section 3 below, and as of the date of Termination the Recipient Grantee shall have no further rights with respect to such Shares; provided, however, in the event the Recipient ceases to provide Service to the Company by reason of death or Disability (as defined in the Plan), any Unvested Shares shall be immediately vested and the Restricted Period (as defined in Exhibit A) shall immediately terminate. Shares. View More
Found in AWARE INC contract
Grant of Shares. Upon the execution of this Agreement, the Company shall issue to the Recipient, in consideration of the Recipient's service to the Company, subject to the terms and conditions set forth in this Agreement, shares of common stock, $0.05 par value per share, of the Company ("Common Stock"). Such shares, together with any securities of the Company that may be issued in exchange for or in respect of the shares, whether by way of stock split, stock dividend, combination of shares, reclassification, re...capitalization, reorganization or any other means, shall be referred to herein as the "Shares." 2. Vesting. The restrictions applicable to the Shares shall lapse and the Shares shall become "Vested Shares" in accordance with the following schedule: Vesting Date Number of Shares Vesting on Date 3. Forfeiture of Unvested Shares. In the event that the Recipient ceases to provide Service to the Company for any reason or no reason, with or without cause ("Termination"), all of the Shares that have not become Vested Shares as of the date of Termination in accordance with the vesting schedule set forth in Exhibit A Section 2 above (any such shares, "Unvested Shares") and all rights therein shall immediately be transferred to the Company pursuant to Exhibit A hereto, Section 3 below, and as of the date of Termination the Recipient shall have no further rights with respect to such Shares; provided, however, in the event the Recipient ceases to provide Service to the Company by reason of death or Disability (as defined in the Plan), any Unvested Shares shall be immediately vested and the Restricted Period (as defined in Exhibit A) shall immediately terminate. View More
Found in AstroNova, Inc. contract
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Grant of Shares. Upon the terms and subject to the conditions and limitations hereinafter set forth, the Grantee has been awarded the Restricted Shares. Until the Vesting Date, the Restricted Shares shall be non-transferable and subject to risk of forfeiture, except as provided in the Plan. Subject to Section 4, after the Vesting Date the Restricted Shares shall be reissued to the Grantee as unlegended shares of Common Stock; provided that the Grantee is not an affiliate of Atlanticus and has not been an affilia...te of Atlanticus during the prior three months and all of the applicable conditions in Rule 144 promulgated under the Securities Act of 1933, as amended, are satisfied. Until the Vesting Date, the Restricted Shares shall be held by Atlanticus on behalf of the Grantee. Any Restricted Shares that do not or cannot vest pursuant to Section 3 shall be forfeited to Atlanticus. View More
Found in Atlanticus Holdings Corp contract
Grant of Shares. Upon the terms and subject to the conditions and limitations hereinafter set forth, the Grantee has been awarded the Restricted Shares. Until the Vesting Date, the Restricted Shares shall be non-transferable and subject to risk of forfeiture, except as provided in the Plan. Subject to Section 4, after the Vesting Date the Restricted Shares shall be reissued to the Grantee as unlegended shares of Common Stock; provided that the Grantee is not an affiliate of Atlanticus and has not been an affilia...te of Atlanticus during the prior three months and all of the applicable conditions in Rule 144 promulgated under the Securities Act of 1933, as amended, are satisfied. Stock. Until the Vesting Date, Date the Restricted Shares shall be held by Atlanticus on behalf of the Grantee. Any Restricted Shares that do not or cannot vest pursuant to Section 3 shall be forfeited to Atlanticus. View More
Found in Atlanticus Holdings Corp contract
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Grant of Shares. Upon the execution of this Agreement, the Company shall issue to the Recipient, in consideration of the Recipient's Service to the Company as a member of the Board, subject to the terms and conditions set forth in this Agreement, __________ shares of common stock, $0.05 par value per share, of the Company ("Common Stock"). Such shares, together with any securities of the Company that may be issued in exchange for or in respect of the shares, whether by way of stock split, stock dividend, combina...tion of shares, reclassification, recapitalization, reorganization or any other means, shall be referred to herein as the "Shares." 2. Vesting. The restrictions applicable to the Shares shall lapse and the Shares shall become "Vested Shares" on , subject to the Recipient continuing Service as a member of the Board. View More
Found in AstroNova, Inc. contract
Grant of Shares. Upon the execution of this Agreement, the Company shall issue to the Recipient, in consideration of the Recipient's Service to the Company as a member of the Board, subject to the terms and conditions set forth in this Agreement, __________ shares of common stock, $0.05 par value per share, of the Company ("Common Stock"). Such shares, together with any securities of the Company that may be issued in exchange for or in respect of the shares, whether by way of stock split, stock dividend, combina...tion of shares, reclassification, recapitalization, reorganization or any other means, shall be referred to herein as the "Shares." 2. Vesting. The restrictions applicable to the Shares shall lapse and the Shares shall become "Vested Shares" on , the date that is three months following the Grant Date, subject to the Recipient continuing Service as a member of the Board. View More
Found in AstroNova, Inc. contract
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Grant of Shares. Subject to the terms, conditions and restrictions of this Agreement, as of each of (i) _______ __, 20__, the date of the initial grant (the "Initial Grant Date"), and (ii) the date of each annual meeting of the Company's stockholders thereafter at which the Director is elected as an independent director of the Company (each an "Annual Grant Date", and together with the Initial Grant Date, each a "Grant Date"), the Director was or will be, as applicable, automatically granted $__,___ in shares of... duly authorized, validly issued, fully paid and non-assessable Common Stock (the "Shares"). The number of Shares to be granted shall be determined by dividing $__,___ by the net asset value per share of the Company's common stock that was most recently disclosed by the Company on or before the applicable Grant Date. Pursuant to Sections 2 and 3 of this Agreement, the Shares are subject to certain restrictions, which restrictions and possible risk of forfeiture will expire in accordance with the provisions of Sections 2, 3 and 4 hereof. During the period that Shares remain subject to any of the restrictions under this Agreement, the Shares will be referred to herein as "Restricted Shares". View More
Found in Hines Global REIT, Inc. contract
Grant of Shares. Subject to the terms, conditions and restrictions of this Agreement, as of each of (i) _______ __, 20__, September 17, 2014, the date of the initial grant (the "Initial Grant Date"), and (ii) the date of each annual meeting of the Company's stockholders thereafter at which the Director is elected as an independent director of the Company (each an "Annual Grant Date", and together with the Initial Grant Date, each a "Grant Date"), the Director was or will be, as applicable, automatically granted ...$__,___ $50,000 in shares of duly authorized, validly issued, fully paid and non-assessable Common Stock (the "Shares"). The number of Shares to be granted shall be determined by dividing $__,___ $50,000 by the net asset value per share of the Company's common stock that was most recently disclosed by the Company on or before the applicable Grant Date. Pursuant to Sections 2 and 3 of this Agreement, the Shares are subject to certain restrictions, which restrictions and possible risk of forfeiture will expire in accordance with the provisions of Sections 2, 3 and 4 hereof. During the period that Shares remain subject to any of the restrictions under this Agreement, the Shares will be referred to herein as "Restricted Shares". View More
Found in HINES REAL ESTATE INVESTMENT TRUST INC contract
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Grant of Shares. The Company grants to the Grantee ________________ (______) shares of the Common Stock (the "Shares").
Found in Brown & Brown contract
Grant of Shares. The Pursuant to the Crown Crafts, Inc. 2014 Omnibus Equity Compensation Plan (the "Plan"; unless otherwise defined herein, capitalized terms used in this Agreement have the meanings set forth in the Plan), the Company hereby grants to the Grantee ________________ (______) Participant, as of the Date of Grant, that number of shares of Series A common stock, par value $0.01 per share, of the Common Company ("Company Stock") that may become vested as set forth below (the "Restricted Stock"), in acc...ordance with the terms and conditions of this Agreement and subject in all respects to the terms and conditions set forth in the Plan, which is incorporated herein by this reference and made a part hereof. Participant Date of Grant Number of Shares of Company Stock (the "Shares"). ________________________ _____________________ ________________________ Vesting Schedule: Except as otherwise set forth herein, the shares of Restricted Stock shall become vested, and the restrictions described in Sections 2(b) and 2(c) hereof shall lapse, on [each of] [____________________] ([each, a] [the] "Vesting Date"), provided that (i) the Participant continues to be employed by, or provide service to, the Employer through the [applicable] Vesting Date and (ii) the performance criteria, if any, set forth on Appendix A, attached hereto and incorporated herein by this reference, with respect to the [applicable] Vesting Date have been met. Vesting Upon Death or Disability: In the event the Participant dies or becomes Disabled during the Restriction Period (as defined below) and while employed by, or providing service to, the Employer, the Restriction Period shall end immediately upon the occurrence of the Participant's death or Disability and all unvested shares of Restricted Stock will automatically vest in full at such time. Vesting Upon Change of Control: In the event a Change of Control occurs during the Restriction Period and while the Participant is employed by, or providing service to, the Employer, the Restriction Period shall end on the date of the effective time of such Change of Control and all unvested shares of Restricted Stock will automatically vest in full on such date. View More
Found in CROWN CRAFTS INC contract
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Grant of Shares. Subject to the Plan and the terms and conditions set forth herein and therein, the Participant is hereby granted [·] Shares.
Found in Neiman Marcus Group LTD LLC contract
Grant of Shares. Subject to the Plan and the terms and conditions set forth herein and therein, the Participant is hereby granted [·] Shares.
Found in Altimmune, Inc. contract
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Grant of Shares. Subject to the terms and provisions of this Agreement and the Plan, the Company hereby grants to Director [ ( )] shares of Common Stock, par value $0.01 per share, of the Company (the "Shares") (such shares are referred to hereinafter as the "Shares"). The Shares shall be issued of record in the name of Director and shall be registered on the books of the Company maintained by the Company's transfer agent.
Found in FAMOUS DAVES OF AMERICA INC contract
Grant of Shares. Subject to the terms and provisions of this Agreement and the Plan, the Company hereby grants to Director [ ( )] Seven Thousand Six Hundred Forty (7,640) shares of Common Stock, par value $0.01 per share, of the Company (the "Shares") (such shares are referred to hereinafter as the "Shares"). The Shares shall be issued of record in the name of Director and shall be registered on the books of the Company maintained by the Company's transfer agent.
Found in FAMOUS DAVES OF AMERICA INC contract
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