Stock Awards Clause Example with 4 Variations from Business Contracts

This page contains Stock Awards 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.
Stock Awards. Effective on ______________ __, 20__ (the "Grant Date"), and subject to the restrictions and other conditions set forth herein, the Committee granted to Grantee an Award of _____ Shares of common stock, $.10 par value per share, of the Company. Such Shares granted are hereinafter sometimes referred to as the "Restricted Shares." The Fair Market Value of each Restricted Share awarded on the Grant Date was $______.
Found in Interface, Inc. contract

Variations of a "Stock Awards" Clause from Business Contracts

Stock Awards. Effective Pursuant to the Plan, on ______________ __, 20__ (the "Grant Date"), and the Date of Grant, the Company granted to the Participant, subject to the restrictions terms and other conditions set forth herein, the Committee granted to Grantee an Award of _____ Shares of common stock, $.10 par value per share, of the Company. Such Shares granted are hereinafter sometimes referred Plan and subject further to the terms and conditions herein set forth, a Stock Award covering __________ shares o...f Common Stock of the Company, hereafter described as the "Restricted Shares." The Fair Market Value "Shares." 2. Restrictions. Except as provided in this Stock Award Agreement ("Agreement"), the Shares are nontransferable and are subject to a substantial risk of each Restricted Share awarded on the Grant Date was $______. forfeiture. View More
Found in New York Mortgage Trust, Inc. contract
Stock Awards. Effective Pursuant to the Plan, the Company, on ______________ ________ __, 20__ (the "Grant Date"), and "Date of Grant") granted to the Participant, subject to the restrictions terms and other conditions set forth herein, the Committee granted to Grantee an Award of _____ Shares of common stock, $.10 par value per share, of the Company. Such Shares granted are hereinafter sometimes referred Plan and subject further to the terms and conditions herein set forth, a Stock Award covering _________ s...hares of Common Stock, hereafter described as the "Restricted Shares." The Fair Market Value "Shares." 2. Restrictions. Except as provided in this Stock Award Agreement ("Agreement"), the Shares are nontransferable and are subject to a substantial risk of each Restricted Share awarded on the Grant Date was $______. forfeiture. View More
Found in CapLease, Inc. contract
Stock Awards. Effective on ______________ __, 20__ The Company hereby awards and issues to the Participant [______________] of the Company's common stock (the "Issued Shares") under and pursuant to the Plan, effective as of [________________] (the "Grant Date"), Date") with a close of day price of [$______]. The following vesting provisions shall be in effect for the Issued Shares: (i) The Issued Shares are unvested and subject to forfeiture pursuant to the restrictions terms of this Agreement (the "Restricte...d Stock") and other are hereby awarded to the Participant in consideration of the continued service the Participant is to render the Company over the vesting period set forth in Section 3 of this Agreement. The Restricted Stock is subject to all of the applicable terms and conditions set forth herein, in this Agreement and the Committee granted to Grantee an Award Plan, including the transfer restrictions set forth in Section 4 and the escrow requirements of _____ Shares of common stock, $.10 par value per share, of the Company. Such Shares granted are hereinafter sometimes referred to as the "Restricted Shares." The Fair Market Value of each Restricted Share awarded on the Grant Date was $______. Section 5. View More
Found in Contango ORE, Inc. contract
Stock Awards. Effective on ______________ __, 20__ _________ shares (the "Grant Date"), and "Restricted Shares") of the Company's common stock ("Stock"), shall be issued as hereinafter provided in Employee's name subject to certain restrictions thereon. The Restricted Shares shall become non-forfeitable and fully vested in staggered one-fifth (1/5th) increments on ______________, ______________, ____________, ______________ and ______________, provided that with respect to each increment, the restrictions and... other conditions set forth herein, Employee is in the Committee granted to Grantee an Award of _____ Shares of common stock, $.10 par value per share, continuous employment of the Company. Such Company on such vesting date. In the event of termination of the Employee's employment (voluntary or involuntary), the Employee shall forfeit all of the Restricted Shares granted are hereinafter sometimes referred to as not then vested. This restricted stock grant is issued from the "Restricted Shares." The Fair Market Value of each Restricted Share awarded on the Grant Date was $______. Company's 2016 Stock Plan. View More
Found in CONDOR HOSPITALITY TRUST, INC. contract