the Award Clause Example from Business Contracts

This example the Award clause appears in 11 contracts from 9 companies

the Award. 3.1 Grant of Units. On the Date of Grant, the Participant shall acquire, subject to the provisions of this Agreement, the Total Number of Units set forth in the Grant Notice, subject to adjustment as provided in Section 9. Each Unit represents a right to receive on a date determined in accordance with the Grant Notice and this Agreement one (1) share of Stock. 3.2 No Monetary Payment Required. The Participant is not required to make any monetary payment (other than applicable tax withholding, if... any) as a condition to receiving the Units or shares of Stock issued upon settlement of the Units, the consideration for which shall be past services actually rendered or future services to be rendered to a Participating Company or for its benefit. Notwithstanding the foregoing, if required by applicable law, the Participant shall furnish consideration in the form of cash or past services rendered to a Participating Company or for its benefit having a value not less than the par value of the shares of Stock issued upon settlement of the Units. View More Arrow
Found in Lovesac Co contract
Lovesac Co Contracts

Form of Restricted Stock Units Agreement (Non-Employee Director) (Filed With SEC on October 4, 2019)

Legacy Acquisition Corp. Contracts

Form of Restricted Stock Unit Agreement under the PARTS iD 2020 Equity Incentive Plan (Filed With SEC on November 27, 2020)

Form of Restricted Stock Units Agreement under the PARTS iD, Inc. 2020 Equity Incentive Plan (Filed With SEC on May 10, 2021)

GigCapital3, Inc. Contracts

Form of Restricted Stock Units Agreement (Filed With SEC on May 12, 2021)

GigCapital2, Inc. Contracts

Form of Restricted Stock Unit Agreement (Filed With SEC on June 15, 2021)

Fifth Wall Acquisition Corp. I Contracts

Restricted Stock Units Agreement under the SmartRent, Inc. 2021 Equity Incentive Plan (Filed With SEC on August 30, 2021)

Restricted Stock Units Agreement under the SmartRent, Inc. 2021 Equity Incentive Plan (Filed With SEC on August 31, 2021)

Live Oak Acquisition Corp II Contracts

Form of Restricted Stock Units Agreement (Filed With SEC on October 25, 2021)

ECP Environmental Growth Opportunities Corp. Contracts

Form of Notice of Grant and Restricted Stock Units Agreement under the Fast Radius, Inc. 2022 Equity Incentive Plan (Filed With SEC on April 15, 2022)

Quotient Technology Inc. Contracts

QUOTIENT TECHNOLOGY INC. RESTRICTED STOCK UNITS AGREEMENT (For U.S. Participants [ Double Trigger Acceleration]) (Filed With SEC on November 8, 2016)

CONNECTURE INC Contracts

CONNECTURE, INC. RESTRICTED STOCK UNITS AGREEMENT (For Nonemployee Directors) (Filed With SEC on March 25, 2015)