Stock Contract Clauses (349)

Grouped Into 22 Collections of Similar Clauses From Business Contracts

This page contains Stock clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Stock. Subject to Section 16 of the Plan, there shall be reserved for issuance under the Plan a total of 1,000,000 unissued shares of Common Stock. Shares allocable to Options granted under the Plan that expire or otherwise terminate unexercised and shares that are forfeited pursuant to restrictions on Restricted Stock awarded under the Plan may again be subjected to an Award under this Plan. For purposes of determining the number of shares that are available for Awards under the Plan, such number shal...l, if permissible under Rule 16b-3, include the number of shares surrendered by a Participant or retained by the Company (a) in connection with the exercise of an Option or (b) in payment of Applicable Withholding Taxes. View More
Stock. Subject to Section 16 12 of the Plan, there shall be reserved for issuance under the Plan a total of 1,000,000 1,832,960 unissued shares of Common Company Stock. Shares allocable to Options granted under the Plan that expire or 2 otherwise terminate unexercised and shares that are forfeited pursuant to restrictions on Restricted Stock awarded under the Plan may again be subjected to an Award under this Plan. For purposes of determining the number of shares that are available for Awards under the... Plan, such number shall, if permissible under Rule 16b-3, include the number of shares surrendered by a Participant or retained by the Company (a) in connection with the exercise of an Option or (b) in payment of Applicable Withholding Taxes. View More
View Variation
Stock. (a) The maximum number of shares of the Company's Common Stock which shall be made available for sale under the Plan shall be [ ] shares. The share reserve shall be subject to adjustment upon changes in capitalization of the Company as provided in paragraph 19. If on a given Exercise Date the number of shares with respect to which options are to be exercised exceeds the number of shares then available under the Plan, the Company shall make a pro rata allocation of the shares remaining available ...for purchase in as uniform a manner as shall be practicable and as it shall determine to be equitable. (b) In addition, the number of shares of the Company's Common Stock available for issuance under the Plan will automatically increase on the first day of each fiscal year, for a period of not more than ten years from the date the Plan is approved by the holders of capital stock of the Company, commencing on January 1, 2020, and ending on (and including) January 1, 2029, in an amount equal to 1% of the total number of shares of the Company's Common Stock outstanding on the last day of the calendar month prior to the date of such automatic increase. Notwithstanding the foregoing, the Board may act prior to the first day of a given fiscal year to provide that there will be no increase in the number of shares of Common Stock available for issuance under the Plan for such fiscal year or that the increase in the number of shares of Common Stock available for issuance under the Plan for such year will be a lesser number of shares of Common Stock than would otherwise occur pursuant to the preceding sentence. (c) The participant will have no interest or voting right in shares covered by his option until such option has been exercised and the participant has become a holder of record of the purchased shares. View More
Stock. (a) The maximum number of shares of the Company's Common Stock which shall be made available for sale under the Plan shall be [ ] shares. 6,389,958 shares of Common Stock. The share reserve shall be subject to adjustment upon changes in capitalization of the Company as provided in paragraph 19. If on a given Exercise Date the number of shares with respect to which options are to be exercised exceeds the number of shares then available under the Plan, the Company shall make a pro rata allocation ...of the shares remaining available for purchase in as uniform a manner as shall be practicable and as it shall determine to be equitable. (b) In addition, the number of shares of the Company's Common Stock available for issuance under the Plan will automatically increase on the first day of each fiscal year, for a period of not more than ten years from the date the Plan is approved by the holders of capital stock stockholders of the Company, commencing on January July 1, 2020, 2021, and ending on (and including) January July 1, 2029, 2030, in an amount equal to 1% the lesser of (i) one percent (1%) of the total number of shares of the Company's Common Stock capital stock outstanding on the last day of the calendar month prior to the date of such automatic increase. Notwithstanding the foregoing, increase; (ii) 18,000,000 shares of Common Stock; or (iii) such lesser number of shares of Common Stock as determined by the Board may act at any time prior to the first day of a given fiscal year to provide that there will be no increase in the number of shares of Common Stock available for issuance under the Plan for such fiscal year or that the increase in the number of shares of Common Stock available for issuance under the Plan for such year will be a lesser number of shares of Common Stock than would otherwise occur pursuant to the preceding sentence. year. (c) The participant will have no interest or voting right in shares covered by his option until such option has been exercised and the participant has become a holder of record of the purchased shares. View More
View Variation