Issuance of Awards Contract Clauses (27)

Grouped Into 4 Collections of Similar Clauses From Business Contracts

This page contains Issuance of Awards clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Issuance of Awards. The persons eligible for participation in the Plan as Israeli Participants under this Appendix shall include any Employees and/or Consultants of the Company or of any Affiliate; provided, however, that (i) Employees may only be granted 102 Awards; and (ii) Consultants may only be granted 3(i) Awards. Each Award Agreement shall state, inter alia, the type of Award granted (whether a CGA, an OIA, Unapproved 102 Award or a 3(i) Award). 3.2. The Company may designate Awards granted to Employees purs...uant to Section 102 as Unapproved 102 Awards or Approved 102 Awards. 3.3. The grant of Approved 102 Awards shall be made under this Appendix. 3.4. Approved 102 Awards may either be classified as CGAs or OIAs. 3.5. No Approved 102 Awards may be granted under this Appendix to any eligible Employee, unless and until, the Company's election of the type of Approved 102 Awards as CGA or OIA granted to Employees (the "Election"), is appropriately filed with the ITA. Such Election shall become effective beginning the first date of grant of an Approved 102 Award under this Appendix and shall remain in effect until the end of the year following the year during which the Company first granted Approved 102 Awards. The Election shall obligate the Company to grant only the type of Approved 102 Award it has elected, and shall apply to all Israeli Participants who were granted Approved 102 Awards during the period indicated herein, all in accordance with the provisions of Section 102(g) of the Ordinance. For the avoidance of doubt, such Election shall not prevent the Company from granting Unapproved 102 Awards simultaneously. 3.6. All Approved 102 Awards must be held in trust by a Trustee or supervised by a Trustee in accordance with the instructions of the ITA, as described in Section ‎4 below. 3.7. For the avoidance of doubt, the designation of Unapproved 102 Awards and Approved 102 Award shall be subject to the terms and conditions set forth in Section 102. View More
Found in GrubHub Inc. contract
Issuance of Awards. The persons eligible for participation in the Plan as (a) (i) Israeli Participants under this Appendix shall include any Employees and/or Consultants of the Company or of any Affiliate; provided, however, that (i) Employees Employee Grantees may only be granted only 102 Awards; and (ii) Consultants Israeli Non-Employee Grantees may only be granted only 3(i) Awards. Each Award Agreement In each case, such Awards shall state, inter alia, be subject to the type terms and conditions of Award granted... (whether a CGA, an OIA, Unapproved the Ordinance. (b) The Employing Company may, pursuant to Section 102, designate 102 Award or a 3(i) Award). 3.2. The Company may designate Awards granted to Employees Israeli Employee Grantees as Non-Trustee 102 Awards or as Trustee 102 Awards. The Employing Company may seek any tax ruling as it may reasonably consider in connection with the application of Section 102 on any Awards granted by the Company. (c) The Employing Company shall have the absolute discretion to decide whether Awards granted pursuant to Section 102 as Unapproved 102 3(i) of the Ordinance shall be held by the Trustee for any period. (d) Any trustee, including, without limitation, the Trustee, holding Awards or Approved 102 Awards. 3.3. Shares issued upon the exercise thereof, or rights resulting therefrom, including bonus Shares, shall not be liable for any good faith determination, act or omission in connection with the Plan, any Sub-Plan, any Award or any agreement entered into between such Trustee and the Company or any Affiliate. (e) The grant of Approved 102 Awards shall be made under this Appendix. 3.4. Sub-Plan not earlier than 30 days from the date it was submitted to the ITA. (f) Approved 102 Awards may either be classified as CGAs 102 Capital Gains Award or OIAs. 3.5. 102 Ordinary Income Award. (g) No Approved 102 Awards may be granted under this Appendix Sub-Plan to any eligible Employee, Israeli Employee Grantee, unless and until, the Company's election of the type of Approved 102 Awards as CGA 102 Capital Gains Award or OIA as 102 Ordinary Income Award granted to Employees Israeli Employee Grantee (the "Election"), is appropriately filed with the ITA. Such Election shall become effective beginning as of the first date of grant of an Approved 102 Award under this Appendix Sub-Plan and shall remain in effect until the end of the year following the year during which the Company first granted Approved 102 Awards. The Election shall obligate the Company to grant only the type of Approved 102 Award it has elected, and shall apply to all Israeli Participants Grantees who were granted Approved 102 Awards during the period indicated herein, herein above, all in accordance with the provisions of Section 102(g) of the Ordinance. For the avoidance of doubt, such Election shall not prevent the Company from granting Unapproved 102 Awards or 3(i) Awards simultaneously. 3.6. (h) All Approved 102 Awards must be held in trust by a Trustee or supervised by a Trustee in accordance with the instructions of the ITA, Trustee, as described in Section ‎4 3 below. 3.7. 3 (i) For the avoidance of doubt, the designation of Unapproved 102 Awards and Approved 102 Award Awards shall be subject to the terms and conditions set forth in Section 102. View More
Found in resTORbio, Inc. contract
Issuance of Awards. The persons 2.1. Any Israeli Participants eligible for participation in the Plan as Israeli Participants under and this Appendix Sub Plan shall include any Employees Employee and/or Consultants Non-Employee of the Company or of any Affiliate; Israeli Affiliates; provided, however, that (i) Employees an Employee may only be granted 102 Awards; and (ii) Consultants Non-Employee may only be granted 3(i) Awards. Each Award Agreement shall state, inter alia, the type of Award granted (whether a CGA, ...an OIA, Unapproved 102 Award or a 3(i) Award). 3.2. Option. 2.2. The Company may designate Awards granted to Employees pursuant to Section 102 as Unapproved 102 Awards or Approved 102 Awards. 3.3. 2.3. The grant of Approved 102 Awards shall be made under this Appendix. 3.4. Sub Plan. 2.4. Approved 102 Awards may either be classified as CGAs Capital Gain Awards ("CGAs") or OIAs. 3.5. Ordinary Income Awards ("OIAs"). 1 2.5. No Approved 102 Awards may be granted under this Appendix Sub Plan to any eligible Employee, unless and until, the Company's election of the type of Approved 102 Awards as CGA or OIA granted to Employees (the "Election"), is appropriately filed with the ITA. ITA and at least thirty (30) days prior to the date of first grant of Awards. Such Election shall become effective beginning the first date of grant of an Approved 102 Award under this Appendix Sub Plan and shall remain in effect until the end of the year following the year during which the Company first granted Approved 102 Awards. The Election shall obligate the Company to grant only the type of Approved 102 Award it has elected, and shall apply to all Israeli Participants who were granted Approved 102 Awards during the period indicated herein, all in accordance with the provisions of Section 102(g) of the Ordinance. For the avoidance of doubt, such Election shall not prevent the Company from granting Unapproved 102 Awards simultaneously. 3.6. 2.6. All Approved 102 Awards must be held in trust by a Trustee or supervised by a Trustee in accordance with and registered on the instructions name of the ITA, Trustee, as described in Section ‎4 3 below. 3.7. 2.7. For the avoidance of doubt, the designation of Unapproved 102 Awards and Approved 102 Award Awards shall be subject to the terms and conditions set forth in Section 102. View More
Found in American Well Corp contract
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Issuance of Awards. Pursuant to and subject to the terms of the Company's 2019 Stock Option Plan (the "Plan") and this Agreement, the Company hereby grants to the Executive, as of the Effective Date, an award of _____________ restricted shares of Common Stock (the "Award").
Found in Finwise Bancorp contract
Issuance of Awards. Pursuant to and subject to On the terms of the Company's 2019 Stock Option Plan (the "Plan") and this Agreement, the Company Effective Date, Bancorp hereby grants to the Executive, as of the Effective Date, ______________ an award of _____________ restricted shares Shares of Common Stock (the "Award").
Found in Finwise Bancorp contract
View Variations (2)
Issuance of Awards. Pursuant to the Plan, in consideration of the Participant's agreement to provide services to or for the benefit of the Partnership, the Partnership hereby (a) issues to the Participant an award of Class D Profits Interest Units (the "Class D Units") and (b) if not already a Partner, admits the Participant as a Partner of the Partnership on the terms and conditions set forth herein, in the Plan and in the Partnership Agreement. The Partnership and the Participant acknowledge and agree that the C...e hereby issued to the Participant for the performance of services to or for the benefit of the Partnership in his or her capacity as a Partner or in anticipation of the Participant becoming a Partner. Upon receipt of the Award, the Participant shall, automatically and without further action on his or her part, be deemed to be a party to, signatory of and bound by the Partnership Agreement. At the request of the Partnership, the Participant shall execute the Partnership Agreement or a joinder or counterpart signature page thereto. The Participant acknowledges that the Partnership may from time to time issue or cancel (or otherwise modify) Profits Interest Units, including Class D Units, in accordance with the terms of the Partnership Agreement. The Award shall 1 have the rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption and conversion set forth herein, in the Plan and in the Partnership Agreement. View More
Found in Digital Realty Trust Inc contract
Issuance of Awards. Pursuant to the Plan, in consideration of the Participant's Grantee's agreement to provide services to or for the benefit of the Partnership, the Partnership hereby (a) issues to the Participant Grantee an award of Class D Profits Interest Units (the "Class D Units") and (b) if not already a Partner, admits the Participant Grantee as a Partner of the Partnership on the terms and conditions set forth herein, in the Plan and in the Amended and Restated Agreement of Limited Partnership Agreement. ...f-color-green -no-underline">of the Partnership (as amended from time to time, the "Partnership Agreement"). The Partnership and the Participant Grantee acknowledge and agree that the Class D Units are hereby issued to the Participant Grantee for the performance of services to or for the benefit of the Partnership in his or her capacity as a Partner or in anticipation of the Participant Grantee becoming a Partner. Upon receipt of the Award, the Participant Grantee shall, automatically and without further action on his or her part, be deemed to be a party to, signatory of and bound by the Partnership Agreement. At the request of the Partnership, the Participant Grantee shall execute the Partnership Agreement or a joinder or counterpart signature page thereto. The Participant Grantee acknowledges that the Partnership may from time to time issue or cancel (or otherwise modify) Profits Interest Units, including Class D Units, in accordance with the terms of the Partnership Agreement. The Award shall 1 have the rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption and conversion set forth herein, herein and in the Plan and in the Partnership Agreement. View More
Found in Digital Realty Trust Inc contract
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Issuance of Awards. No Award may be granted or issued to a California Participant after the date that is ten (10) years from the earlier of the date the Plan was adopted by the Administrator or the date the Plan was approved by the members of FTW entitled to vote.
Found in McAfee Corp. contract
Issuance of Awards. No Award may be granted or issued to a California Participant after the date that is ten (10) years from the earlier of the date the Plan was adopted by the Administrator Board or the date the Plan was approved by the members of FTW the LLC entitled to vote.
Found in Duckhorn Portfolio, Inc. contract
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