Grant of Stock Clause Example with 5 Variations from Business Contracts

This page contains Grant of 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 Stock. Subject to the terms and provisions of this Agreement and the Plan, the Company hereby grants to Employee ( ) shares of common stock, par value $0.001 per shares, of the Company (such shares are referred to hereinafter as the "Shares"). Upon the execution of this Agreement, the Shares shall be registered on the books of the Company, and the Company shall cause the transfer agent and registrar of its common stock to issue one or more certificates in Employee's name evidencing the Shares (each a "...Stock Certificate"). Employee shall immediately thereafter deposit with the Company (and, if required by the Company, a stock power duly endorsed in blank in the form provided by the Company), each Stock Certificate to be held by the Company until such time as the restrictions set forth herein and under the Plan have lapsed pursuant to paragraph 4 of this Agreement. The Stock Certificate(s) shall bear a legend in substantially the following form: The transferability of this certificate and the shares of Common Stock represented by it are subject to the terms and conditions (including conditions of forfeiture) contained in the 2021 Equity Incentive Plan (the "Plan") of Fresh Vine Wine, Inc. (the "Company"), and an agreement entered into between the registered owner and the Company. A copy of the Plan and the agreement is on file in the office of the secretary of the Company. At the Company's election, Shares may be held in book entry form subject to a restricted stock legend (and corresponding stop transfer instructions) until restrictions relating to the Shares have lapsed. View More

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

Grant of Stock. Subject to the terms and provisions of this Agreement and the Plan, Agreement, the Company hereby grants to Employee ( ) Director three thousand five hundred thirty-four (3,534) shares of the Company's common stock, par value $0.001 per shares, of the Company stock (such shares are referred to hereinafter as the "Shares"). "Shares"), which Shares shall be subject to the restrictions set forth herein. Upon the execution of this Agreement, the Shares shall be registered on the books of the Company..., Company setting forth the restrictions listed herein, and the Company shall cause the transfer agent and registrar of its common stock to issue one or more certificates in Employee's Director's name evidencing the Shares (each a "Stock Certificate"). Employee shall immediately thereafter deposit with (or issued via book entry on the Company (and, if required by records of the Company, a Company's transfer agent and registrar). The stock power duly endorsed in blank in certificate for the form provided by the Company), each Stock Certificate to be held by the Company until such time as the restrictions set forth herein and under the Plan have lapsed pursuant to paragraph 4 of this Agreement. The Stock Certificate(s) Shares shall bear a legend in substantially the following form: The transferability of this certificate and the shares of Common Stock represented by it are subject to the terms and conditions (including conditions of forfeiture) contained in the 2021 2019 Equity Incentive Plan (the "Plan") of Fresh Vine Wine, Allied Esports Entertainment, Inc. (the "Company"), and an agreement entered into between the registered owner and the Company. A copy of the 2019 Equity Incentive Plan and the agreement is on file in the office of the secretary of the Company. At Director shall deposit with the Company's election, Shares may Company the stock certificate evidencing the Shares, together with a stock power endorsed in blank by Director attached as Exhibit A, to be held in book entry form subject by the Company until such time as the restrictions set forth herein and under the Plan have lapsed pursuant to a restricted stock legend (and corresponding stop transfer instructions) until restrictions relating to the Shares have lapsed. Section 4 of this Agreement. View More
Grant of Stock. Subject to the terms and provisions of this Agreement and the Plan, Agreement, the Company hereby grants to Employee ( ) Executive [●] shares of the Company's common stock, par value $0.001 per shares, of the Company stock (such shares are referred to hereinafter as the "Shares"). "Shares"), which Shares shall be subject to the restrictions set forth herein. Upon the execution of this Agreement, the Shares shall be registered on the books of the Company, Company setting forth the restrictions li...sted herein, and the Company shall cause the transfer agent and registrar of its common stock to issue one or more certificates in Employee's Executive's name evidencing the Shares (each a "Stock Certificate"). Employee shall immediately thereafter deposit with (or issued via book entry on the Company (and, if required by records of the Company, a Company's transfer agent and registrar). The stock power duly endorsed in blank in certificate for the form provided by the Company), each Stock Certificate to be held by the Company until such time as the restrictions set forth herein and under the Plan have lapsed pursuant to paragraph 4 of this Agreement. The Stock Certificate(s) Shares shall bear a legend in substantially the following form: The transferability of this certificate and the shares of Common Stock represented by it are subject to the terms and conditions (including conditions of forfeiture) contained in the 2021 2019 Equity Incentive Plan (the "Plan") of Fresh Vine Wine, Allied Esports Entertainment, Inc. (the "Company"), and an agreement entered into between the registered owner and the Company. A copy of the 2019 Equity Incentive Plan and the agreement is on file in the office of the secretary of the Company. At Executive shall deposit with the Company's election, Shares may Company the stock certificate evidencing the Shares, together with a stock power endorsed in blank by Executive attached as Exhibit A, to be held in book entry form subject by the Company until such time as the restrictions set forth herein and under the Plan have lapsed pursuant to a restricted stock legend (and corresponding stop transfer instructions) until restrictions relating to the Shares have lapsed. Section 4 of this Agreement. View More
Grant of Stock. Subject to the terms and provisions of this Agreement and the Plan, the Company hereby grants to Employee ( ) an aggregate of 166,667 shares of the Company's common stock, par value $0.001 per shares, of the Company stock (such shares are referred to hereinafter as the "Shares"). Upon the execution of this Agreement, the Shares shall be registered on the books of the Company, and the Company shall cause the transfer agent and registrar of its common stock to issue one or more certificates in Emp...loyee's name evidencing the Shares (each a (the "Stock Certificate"). Employee shall immediately thereafter deposit with the Company (and, if required by the Company, together with a stock power duly endorsed in blank in the form provided by the Company), each Employee, a Stock Certificate for the Restricted Shares (defined below) to be held by the Company until such time as the restrictions set forth herein and under the Plan have lapsed pursuant to paragraph 4 of this Agreement. The Stock Certificate(s) Certificate for the Restricted Shares shall bear a legend in substantially the following form: The transferability of this certificate and the shares of Common Stock represented by it are subject to the terms and conditions (including conditions of forfeiture) contained in the 2021 Equity 2014 Stock Incentive Plan (the "Plan") of Fresh Vine Wine, Creative Realities, Inc. (the "Company"), and an agreement entered into between the registered owner and the Company. A copy of the 2014 Stock Incentive Plan and the agreement is on file in the office of the secretary of the Company. At the Company's election, Shares may be held in book entry form subject to a restricted stock legend (and corresponding stop transfer instructions) until restrictions relating to the Shares have lapsed. View More
Grant of Stock. Subject to the terms and provisions of this Agreement and the Plan, the Company hereby grants to Employee ( ) __________________ (_____) shares of common stock, stock , par value $0.001 per shares, of the Company (such shares are referred to hereinafter as the "Shares"). Upon the execution of this Agreement, the Shares shall be registered on the books of the Company, and the Company shall cause the transfer agent and registrar of its common stock to issue one or more certificates in Employee's n...ame evidencing the Shares (each a "Stock Certificate"). Employee shall immediately thereafter deposit with the Company (and, if required by the Company, a stock power duly endorsed in blank in the form provided by the Company), each Stock Certificate to be held by the Company until such time as the restrictions set forth herein and under the Plan have lapsed pursuant to paragraph 4 of this Agreement. The Stock Certificate(s) shall bear a legend in substantially the following form: The transferability of this certificate and the shares of Common Stock represented by it are subject to the terms and conditions (including conditions of forfeiture) contained in the 2021 Equity Stock Incentive Plan (the "Plan") of Fresh Vine Wine, Table Trac, Inc. (the "Company"), and an agreement entered into between the registered owner and the Company. A copy of the Plan and the agreement is on file in the office of the secretary of the Company. At the Company's election, Shares may be held in book entry form subject to a restricted stock legend (and corresponding stop transfer instructions) the Company's instructions until any restrictions relating to the Shares have lapsed. View More
Grant of Stock. Subject to the terms and provisions of this Agreement and the Plan, the Company hereby grants to Employee ( ) Director [___________] ([______]) shares of common stock, par value $0.001 per shares, of the Company (such shares are referred to hereinafter as the "Shares"). Upon the execution of this Agreement, the Shares shall be registered on the books of the Company, and the Company shall cause the transfer agent and registrar of its common stock to issue one or more certificates in Employee's Di...rector's name evidencing the Shares (each a "Stock Certificate"). Employee Director shall immediately thereafter deposit with the Company (and, if required by the Company, a stock power duly endorsed in blank in the form provided by the Company), each Stock Certificate to be held by the Company until such time as the restrictions set forth herein and under the Plan have lapsed pursuant to paragraph 4 of this Agreement. The Stock Certificate(s) shall bear a legend in substantially the following form: The transferability of this certificate and the shares of Common Stock represented by it are subject to the terms and conditions (including conditions of forfeiture) contained in the 2021 Equity Incentive Plan (the "Plan") of Fresh Vine Wine, Inc. (the "Company"), and an agreement entered into between the registered owner and the Company. A copy of the Plan and the agreement is on file in the office of the secretary of the Company. At the Company's election, Shares may be held in book entry form subject to a restricted stock legend (and corresponding stop transfer instructions) until restrictions relating to the Shares have lapsed. View More