Grant of the Award Clause Example with 4 Variations from Business Contracts

This page contains Grant of the Award 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 the Award. This Award represents the right to be issued on a future date the number of shares of the Company's Common Stock that is equal to the number of stock units indicated in the Grant Notice (the "Stock Units"). As of the Date of Grant, the Company will credit to a bookkeeping account maintained by the Company for your benefit (the "Account") the number of Stock Units subject to the Award. This Award was granted in consideration of your services to the Company. Except as otherwise provided herein, yo...u will not be required to make any payment to the Company (other than past and future services to the Company) with respect to your receipt of the Award, the vesting of the Stock Units or the delivery of the Common Stock to be issued in respect of the Award. View More
Found in SEATTLE GENETICS INC contract

Variations of a "Grant of the Award" Clause from Business Contracts

Grant of the Award. This Award represents the right to be issued on a future date the a number of shares of the Company's Common Stock that is equal to be determined by reference to the number of stock units Performance Stock Units (the "PSUs") indicated in the Grant Notice (the "Stock Units"). Notice. As of the Date of Grant, the Company will credit to a bookkeeping account maintained by the Company for your benefit (the "Account") the number of Stock Units PSUs subject to the Award. This Award was granted in cons...ideration of your services to the Company. Except as otherwise provided herein, you will not be required to make any payment to the Company (other than past and future services to the Company) with respect to your receipt of the Award, the vesting of the Stock Units PSUs or the delivery of the Common Stock to be issued in respect of the Award. View More
Found in PORTOLA PHARMACEUTICALS INC contract
Grant of the Award. This The Award represents the right to be issued on a future date the number of shares of the Company's Common Stock that is equal to the number of stock performance share units indicated in the Grant Notice (the "Stock "Share Units"). As of the Date of Grant, the Company will credit to a bookkeeping account maintained by the Company for your benefit (the "Account") the number of Stock Share Units subject to the Award. This The Award was granted in consideration of your services to the Company. ...Company or its Subsidiaries. Except as otherwise provided herein, you will not be required to make any payment to the Company (other than past and future services to the Company) Company or its Subsidiaries) with respect to your receipt of the Award, the vesting of the Stock Share Units or the delivery of the Common Stock to be issued in respect of the Award. View More
Found in MEDIVATION, INC. contract
Grant of the Award. This Award represents the your right to be issued on a future date the number of shares one share of the Company's Common Stock that is equal to the number of stock units for each Stock Unit indicated in the Grant Notice (the "Stock Units"). that vests. As of the Date of Grant, Grant specified in the Grant Notice, the Company will credit to a bookkeeping account maintained by the Company for your benefit (the "Account") the number of Stock Units subject to the Award. This Award was granted in co...nsideration of your services to the Company. Except as otherwise provided herein, you will not be required to make any payment to the Company or an affiliate (other than past and future services to the Company) Company or an affiliate) with respect to your receipt of the Award, the vesting of the Stock Units or the delivery of the Company's Common Stock to be issued in respect of the Award. View More
Found in Paratek Pharmaceuticals, Inc. contract
Grant of the Award. This The Award represents the right to be issued on a future date the number of shares of the Company's Common Stock that is equal to the number of stock units indicated in the Grant Notice (the "Stock Units"). As of the Date of Grant, the Company will credit to a bookkeeping account maintained by the Company for your benefit (the "Account") the number of Stock Units subject to the Award. This The Award was granted in consideration of your services to the Company. Company or its Subsidiaries. Ex...cept as otherwise provided herein, you will not be required to make any payment to the Company (other than past and future services to the Company) Company or its Subsidiaries) with respect to your receipt of the Award, the vesting of the Stock Units or the delivery of the Common Stock to be issued in respect of the Award. View More
Found in MEDIVATION, INC. contract