Grant Clause Example with 6 Variations from Business Contracts

This page contains Grant 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. Subject to the terms of this Award Agreement, the Corporation hereby grants to the Participant an Award with respect to an aggregate of __________ stock units (subject to adjustment as provided in Section 7.1 of the Plan) (the "Stock Units"). As used herein, the term "stock unit" shall mean a non-voting unit of measurement which is deemed for bookkeeping purposes to be equivalent to one outstanding share of the Corporation's Common Stock solely for purposes of the Plan and this Award Agreement. ...The Stock Units shall be used solely as a device for the determination of the payment to eventually be made to the Participant if such Stock Units vest pursuant to Section 3. The Stock Units shall not be treated as property or as a trust fund of any kind. View More Arrow
Found in Francesca's Holdings Corporation contract

Variations of a "Grant" Clause from Business Contracts

Grant. Subject to the terms of this Award Agreement, the Corporation Company hereby grants to the Participant an Award with respect to an aggregate target number of __________ stock [__________] restricted share units (subject to adjustment as provided in Section 7.1 of the Plan) (the "Stock "Share Units"). As used herein, the term "stock "share unit" shall mean a non-voting unit of measurement which is deemed for bookkeeping purposes to be equivalent to one outstanding share Ordinary Share of the Corp...oration's Common Stock Company (subject to adjustment as provided in Section 7.1 of the Plan) solely for purposes of the Plan and this Award Agreement. The Stock Share Units shall be used solely as a device for the determination of the payment to eventually be made to the Participant if such Stock Share Units vest pursuant to Section 3. The Stock Share Units shall not be treated as property or as a trust fund of any kind. View More Arrow
Found in 3 Contracts from 2 Companies
Grant. Subject to the terms of this Award Agreement, the Corporation Company hereby grants to the Participant an Award with respect to an aggregate of __________ stock [__________] restricted share units (subject to adjustment as provided in Section 7.1 of the Plan) (the "Stock "Share Units"). As used herein, the term "stock "share unit" shall mean a non-voting unit of measurement which is deemed for bookkeeping purposes to be equivalent to one outstanding share Ordinary Share of the Corporation's Comm...on Stock Company (subject to adjustment as provided in Section 7.1 of the Plan) solely for purposes of the Plan and this Award Agreement. The Stock Share Units shall be used solely as a device for the determination of the payment to eventually be made to the Participant if such Stock Share Units vest pursuant to Section 3. The Stock Share Units shall not be treated as property or as a trust fund of any kind. View More Arrow
Found in 3 Contracts from 2 Companies
Grant. Subject to the terms of this Award Agreement, the Corporation hereby grants to the Participant an Award with respect to an aggregate of __________ stock units (subject to adjustment as provided in Section 7.1 5.2 of the Plan) (the "Stock Units"). As used herein, the term "stock unit" shall mean means a non-voting unit of measurement which is deemed for bookkeeping purposes to be equivalent to one outstanding share of the Corporation's Common Stock Shares (subject to adjustment as provided in Sec...tion 5.2 of the Plan) solely for purposes of the Plan and this Agreement. The Corporation will maintain a Stock Unit bookkeeping account for the Participant (the "Account"). The Stock Units granted to the Participant under this Agreement will be credited to the Participant's Account as of the Award Agreement. Date. The Stock Units shall be used solely as a device for the determination of the payment to eventually be made to the Participant if such Stock Units vest pursuant to Section 3. The Stock Units shall not be treated as property or as a trust fund of any kind. View More Arrow
Found in American States Water Company contract
Grant. Subject to the terms of this Award Agreement, the Corporation hereby grants to the Participant an Award with respect to an aggregate of __________ [ ] restricted stock units (subject to adjustment as provided in Section 7.1 of the Plan) (the "Stock Units"). As used herein, the term "stock unit" shall mean a non-voting unit of measurement which is deemed for bookkeeping purposes to be equivalent to one outstanding share of the Corporation's Common Stock (subject to adjustment as provided in Secti...on 7.1 of the Plan) solely for purposes of the Plan and this Award Agreement. The Stock Units shall be used solely as a device for the determination of the payment to eventually be made to the Participant if such Stock Units vest pursuant to Section 3. The Stock Units shall not be treated as property or as a trust fund of any kind. View More Arrow
Found in Dicerna Pharmaceuticals Inc contract
Grant. Subject to the terms of this Award Agreement, the Corporation hereby grants to the Participant Director an Award with respect to an aggregate of __________ [____________] restricted stock units (subject to adjustment as provided in Section 7.1 of the Plan) (the "Stock Units"). As used herein, the term "stock unit" shall mean a non-voting unit of measurement which is deemed for bookkeeping purposes to be equivalent to one outstanding share of the Corporation's Common Stock (subject to adjustment ...as provided in Section 7.1 of the Plan) solely for purposes of the Plan and this Award Agreement. The Stock Units shall be used solely as a device for the determination of the payment to eventually be made to the Participant Director if such Stock Units vest pursuant to Section 3. The Stock Units shall not be treated as property or as a trust fund of any kind. View More Arrow
Found in SPORTSMAN'S WAREHOUSE HOLDINGS, INC. contract
Grant. Subject to the terms of this Award Agreement, the Corporation hereby grants to the Participant an Award with respect to an aggregate a number of __________ stock units (subject to adjustment as provided in Section 7.1 of the Plan) as provided herein (the "Stock Units"). The "Target Number of Stock Units" subject to the Award is ___________ Stock Units. As used herein, the term "stock unit" shall mean a non-voting unit of measurement which is deemed for bookkeeping purposes to be equivalent to on...e outstanding share of the Corporation's Common Stock solely for purposes of the Plan and this Award Agreement. The Stock Units shall be used solely as a device for the determination of the payment to eventually be made to the Participant if such Stock Units vest pursuant to Section 3. The Stock Units shall not be treated as property or as a trust fund of any kind. View More Arrow
Found in Francesca's Holdings Corporation contract