Agreements of Grantee. By accepting this award,
Agreements of Grantee. The Grantee does hereby agree as follows:
Agreements of Grantee. Notwithstanding anything to the contrary contained herein, the Grantee does hereby agree as follows:
Agreements of Grantee Sample Clauses
Related to Agreements of Grantee
Rights of Grantee The Restricted Shares subject to this grant shall be fully paid and nonassessable and shall be either: (i) represented by certificates held in custody by the Company until all restrictions thereon have lapsed, together with a stock power or powers executed by Grantee in whose name such certificates are registered, endorsed in blank and covering such Restricted Shares; or (ii) held at the Company’s transfer agent in book entry form with appropriate restrictions relating to the transfer of such Restricted Shares, and endorsed with an appropriate legend referring to the restrictions hereinafter set forth. Grantee shall have the right to vote the Restricted Shares. Upon vesting of the Restricted Shares hereunder, the Grantee: (x) shall receive cash dividends or cash distributions, if any, paid or made by the Company with respect to common shares after the Date of Grant and prior to the vesting of the Restricted Stock; and (y) shall receive any additional Restricted Shares that Grantee may become entitled to receive by virtue of a Restricted Share dividend, a merger or reorganization in which the Company is the surviving corporation or any other change in the capital structure of the Company.
Vesting Agreements LTIP Units may, in the sole discretion of the General Partner, be issued subject to vesting, forfeiture and additional restrictions on transfer pursuant to the terms of a Vesting Agreement. The terms of any Vesting Agreement may be modified by the General Partner from time to time in its sole discretion, subject to any restrictions on amendment imposed by the relevant Vesting Agreement or by the Equity Incentive Plan, if applicable. LTIP Units that have vested under the terms of a Vesting Agreement are referred to as “Vested LTIP Units”; all other LTIP Units shall be treated as “Unvested LTIP Units.”
Death of Grantee If the Grantee shall die during the term of this Option, the Grantee's legal representative or representatives, or the person or persons entitled to do so under the Grantee's last will and testament or under applicable intestate laws, shall have the right to exercise this Option, but only for the number of shares as to which the Grantee was entitled to exercise this Option in accordance with Section 2 hereof on the date of his death, and such right shall expire and this Option shall terminate one (1) year after the date of the Grantee's death or on the expiration date of this Option, whichever date is sooner. In all other respects, this Option shall terminate upon such death.
Confirmation of Grant The Company hereby evidences and confirms, effective as of the date hereof, its grant to the Employee of Options to purchase the number of shares of Common Stock specified on the signature page hereof. The Options are not intended to be incentive stock options under the Code. This Agreement is entered into pursuant to, and the terms of the Options are subject to, the terms of the Plan. If there is any inconsistency between this Agreement and the terms of the Plan, the terms of the Plan shall govern.
Execution of Award Agreement Please acknowledge your acceptance of the terms of this Agreement by electronically signing this Agreement.
Restricted Stock Agreement Each Award of Restricted Stock shall be evidenced by an Award Agreement that shall specify the Period of Restriction, the number of Shares granted, and such other terms and conditions as the Committee, in its sole discretion, shall determine. Unless the Committee determines otherwise, Shares of Restricted Stock shall be held by the Company as escrow agent until the restrictions on such Shares have lapsed.
Stock Option Agreements The Corporation has entered into Stock Option Agreements with the following individuals: Option Number Name # Options Grant Date Options Canceled Options Outstanding 04-051 Xx, Xxx 10,000 5/4/2004 — 03-002 Xxxx, Xxx 325,000 12/16/2003 203,125 — 03-003 Xxxxxxxxx, Xxxx 650,000 12/16/2003 192,969 — 00-000 Xxxxxxxxxx, Xxxx 162,500 12/16/2003 162,500 04-003 X’Xxxxx, Xxxxxxx 8,000 2/5/2004 8,000 00-000 Xxxxxxxx, Xxxxxxxxx 30,000 2/5/2004 30,000 00-000 Xxxxxxxxx, Xxxxxxx 1,108,812 11/14/2003 — 00-000 Xxxxxxxxxx, Xxxxxxx 370,241 11/14/2003 — 03-007 Xxxxx, Xxxx Xxxxxx 304,374 11/14/2003 — 00-000 Xxxxxxxxxxxxxxxx, Xxxx 606,573 11/14/2003 — 03-004 Pitzele, Barnett 5,000 12/16/2003 1,000 — 04-001 Xxxxxxx, Xxxxxxxx 17,000 2/4/2004 17,000 00-000 Xxxxx, Xxxxxx 28,000 2/4/2004 25,725 04-004 Xxxxxxxxx, Xxxxxx 17,000 2/4/2004 17,000 04-072 Xxxxx, Xxxxx 10,000 8/12/2004 10,000 00-000 Xxxxxxxxx, Xxxxx 24,000 5/4/2004 24,000 04-071 Xxxxxxxx, Xxxxx 1,000 8/12/2004 — 04-103 Xxxxxx, Xxxxxxx 1,625,000 10/28/2004 1,625,000 04-101 Xxx, Xxxxxx 8,000 10/28/2004 8,000 — 04-102 XxXxxxxx, Xxxxx 8,000 10/28/2004 2,000 — 04-100 Xxxxxxx, Xxxxxxx 15,000 12/28/2004 15,000 — 05-01 Xxxxx, Xxxxx 10,000 12/6/2005 10,000 00-00 Xxxxxxxxxx, Xxxx 81,250 2/15/2006 81,250 06-04 Xxx, Xxxxxx 8,000 2/15/2006 8,000 — 06-05 XxXxxxxx, Xxxxx 8,000 2/15/2006 4,000 — 06-06 Xxxxxxx, Xxxxxxx 15,000 2/15/2006 15,000 — 06-01 Xx, Xxx 10,000 2/15/2006 7,500 — 06-03 Xxxxxxxx, Xxxxx 3,000 2/15/2006 2,469 — 06-07 X’Xxx, Xxxxx 570,000 2/15/2006 339,625 07-01 XxXxxxxx, Xxxxx 27,000 7/12/2007 23,625 — 07-08 Xxxxxx, Xxxxxxx 2,377,688 7/12/2007 2,377,688 07-07 X’Xxx, Xxxxx 830,941 7/12/2007 623,206 07-09 Xxxxxx, X. Xxxxxxxx 1,250,840 7/12/2007 1,250,840 00-00 Xxxxxxxxxx, Xxxx 356,653 7/12/2007 356,653 07-10 Xxxxxx, Xxxxx 500,336 7/12/2007 — 00-00 Xxxxxxxxxxxxxxxx, Xxxx 100,000 7/12/2007 100,000 07-12 Xxxxx, Xxxx Xxxxxx 540,790 7/12/2007 540,790 07-13 Xxxxxxxxxx, Xxxxxxx 660,491 7/12/2007 412,805 07-02 Xxxxxxx, Xxxxxxx 44,000 7/12/2007 8,250 — 07-03 Xxxxxxxxx, Xxxxx 16,000 7/12/2007 16,000 07-05 Xxxxxxxx, Xxxx 3,000 7/12/2007 3,000 10 07-04 Xxxxxxxxx, Xxxxxxxx 100,000 7/12/2007 62,500 07-14 Xxxxxxxx, Xxxxx 137,500 12/6/2007 137,500 00-00 Xxxxxxxxx, Xxxxxxx 8,000 12/6/2007 8,000 — 07-16 Xxxxxxx, Xxxxx 8,000 12/6/2007 8,000 — 08-01 Xxxxx, Xxxxx 60,000 2/7/2008 60,000 08-09 Xxxxxx, Xxxxxxx 3,040,081 5/8/2008 3,040,081 08-05 X’Xxx, Xxxxx 1,064,028 5/8/2008 1,064,028 08-06 Xxxxxx, X. Xxxxxxxx 950,025 5/8/2008 950,025 00-00 Xxxxxxxxxx, Xxxx 456,012 5/8/2008 456,012 08-07 Xxxxxx, Xxxxx 380,010 5/8/2008 23,751 356,259 08-02 XxXxxxxx, Xxxxxx X. 30,000 5/8/2008 30,000 08-03 Xxxxxxxxxx, Xxxx 10,000 5/8/2008 10,000 — 08-04 Xxxxxxxxx, Xxxx 10,000 5/8/2008 10,000 — 08-14 Xxxxxx, Xxxxxxx 1,295,640 12/3/2008 1,295,640 08-10 X’Xxx, Xxxxx 453,474 12/3/2008 453,474 08-11 Xxxxxx, X. Xxxxxxxx 404,888 12/3/2008 404,888 00-00 Xxxxxxxxxx, Xxxx 194,346 12/3/2008 194,346 08-12 Xxxxxx, Xxxxx 161,955 12/3/2008 60,734 101,221 08-26 Xxxxx, Xxxx Xxxxxx 167,891 12/3/2008 167,891 08-25 Xxxxxxxxxx, Xxxxxxx 204,715 12/3/2008 204,715 08-16 Xxxxxxxx, Xxxxx 82,500 12/3/2008 82,500 08-15 Xxxxxxxxx, Xxxxxxxx 120,000 12/3/2008 120,000 08-17 Xxxxxxx, Xxxxxxx 50,000 12/3/2008 50,000 — 08-18 Xxxxx, Xxxxx 36,000 12/3/2008 36,000 08-19 Xxxxxxxxx, Xxxx 24,000 12/3/2008 24,000 08-20 XxXxxxxx, Xxxxxx X. 18,000 12/3/2008 18,000 08-21 Xxxxxxxxx, Xxxx 6,000 12/3/2008 6,000 — 08-22 Xxxxxxxxxx, Xxxx 6,000 12/3/2008 6,000 — 08-23 Xxxxxxx, Xxxxx 4,800 12/3/2008 4,800 — 08-24 Xxxxxxxx, Xxxx 3,000 12/3/2008 3,000 09-01 Xxxxxxxx, Xxxxx 25,000 4/9/2009 25,000 00-00 XxXxx, Xxxxxxxx 45,000 4/9/2009 45,000 — 09-03 Xxxxxxxx, Xxxxxxxxx 75,000 4/9/2009 75,000 09-04 Xxxxxxxx, Xxxxxxxxx 75,000 12/2/2009 75,000 10-01 Xxxxxxxx, Xxxx 2,084,602 10/12/2010 2,084,602 10-02 Xxxxxxxx, Xxxx 1,765,398 10/12/2010 1,765,398 10-03 Xxxxxxxx, Xxxxxxxxx 25,000 11/30/2010 25,000 Option Number Name # Options Grant Date Options Canceled Options Outstanding 04-051 Xx, Xxx 10,000 5/4/2004 — 03-002 Xxxx, Xxx 325,000 12/16/2003 203,125 — 03-003 Xxxxxxxxx, Xxxx 650,000 12/16/2003 192,969 — 00-000 Xxxxxxxxxx, Xxxx 162,500 12/16/2003 162,500 00-000 Xxxxxxxxx, Xxxxxxx 1,108,812 11/14/2003 — 00-000 Xxxxxxxxxx, Xxxxxxx 370,241 11/14/2003 — 03-007 Xxxxx, Xxxx Xxxxxx 304,374 11/14/2003 — 00-000 Xxxxxxxxxxxxxxxx, Xxxx 606,573 11/14/2003 — 03-004 Pitzele, Barnett 5,000 12/16/2003 1,000 — 04-072 Xxxxx, Xxxxx 10,000 8/12/2004 10,000 00-000 Xxxxxxxxx, Xxxxx 24,000 5/4/2004 24,000 04-071 Xxxxxxxx, Xxxxx 1,000 8/12/2004 — 04-103 Xxxxxx, Xxxxxxx 1,625,000 10/28/2004 1,625,000 04-101 Xxx, Xxxxxx 8,000 10/28/2004 8,000 — 04-102 XxXxxxxx, Xxxxx 8,000 10/28/2004 2,000 — 04-100 Xxxxxxx, Xxxxxxx 15,000 12/28/2004 15,000 — 05-01 Xxxxx, Xxxxx 10,000 12/6/2005 10,000 00-00 Xxxxxxxxxx, Xxxx 81,250 2/15/2006 81,250 06-04 Xxx, Xxxxxx 8,000 2/15/2006 8,000 — 06-05 XxXxxxxx, Xxxxx 8,000 2/15/2006 4,000 — 06-06 Xxxxxxx, Xxxxxxx 15,000 2/15/2006 15,000 — 06-01 Xx, Xxx 10,000 2/15/2006 7,500 — 06-03 Xxxxxxxx, Xxxxx 3,000 2/15/2006 2,469 — 06-07 X’Xxx, Xxxxx 570,000 2/15/2006 339,625 07-01 XxXxxxxx, Xxxxx 27,000 7/12/2007 23,625 — 07-08 Xxxxxx, Xxxxxxx 2,377,688 7/12/2007 2,377,688 07-07 X’Xxx, Xxxxx 830,941 7/12/2007 623,206 07-09 Xxxxxx, X. Xxxxxxxx 1,250,840 7/12/2007 1,250,840 00-00 Xxxxxxxxxx, Xxxx 356,653 7/12/2007 356,653 00-00 Xxxxxxxxxxxxxxxx, Xxxx 100,000 7/12/2007 100,000 07-12 Xxxxx, Xxxx Xxxxxx 540,790 7/12/2007 540,790 07-13 Xxxxxxxxxx, Xxxxxxx 660,491 7/12/2007 412,805 07-02 Xxxxxxx, Xxxxxxx 44,000 7/12/2007 8,250 — 07-03 Xxxxxxxxx, Xxxxx 16,000 7/12/2007 16,000 07-05 Xxxxxxxx, Xxxx 3,000 7/12/2007 3,000 07-04 Xxxxxxxxx, Xxxxxxxx 100,000 7/12/2007 62,500 07-14 Xxxxxxxx, Xxxxx 137,500 12/6/2007 137,500 00-00 Xxxxxxxxx, Xxxxxxx 8,000 12/6/2007 8,000 — 07-16 Xxxxxxx, Xxxxx 8,000 12/6/2007 8,000 — 08-01 Xxxxx, Xxxxx 60,000 2/7/2008 60,000 08-09 Xxxxxx, Xxxxxxx 3,040,081 5/8/2008 3,040,081 08-05 X’Xxx, Xxxxx 1,064,028 5/8/2008 1,064,028 08-06 Xxxxxx, X. Xxxxxxxx 950,025 5/8/2008 950,025 00-00 Xxxxxxxxxx, Xxxx 456,012 5/8/2008 456,012 08-02 XxXxxxxx, Xxxxxx X. 30,000 5/8/2008 30,000 12 08-03 Xxxxxxxxxx, Xxxx 10,000 5/8/2008 10,000 — 08-04 Xxxxxxxxx, Xxxx 10,000 5/8/2008 10,000 — 08-14 Xxxxxx, Xxxxxxx 1,295,640 12/3/2008 1,295,640 08-10 X’Xxx, Xxxxx 453,474 12/3/2008 453,474 08-11 Xxxxxx, X. Xxxxxxxx 404,888 12/3/2008 404,888 00-00 Xxxxxxxxxx, Xxxx 194,346 12/3/2008 194,346 08-26 Xxxxx, Xxxx Xxxxxx 167,891 12/3/2008 167,891 08-25 Xxxxxxxxxx, Xxxxxxx 204,715 12/3/2008 204,715 08-16 Xxxxxxxx, Xxxxx 82,500 12/3/2008 82,500 08-15 Xxxxxxxxx, Xxxxxxxx 120,000 12/3/2008 120,000 08-17 Xxxxxxx, Xxxxxxx 50,000 12/3/2008 50,000 — 08-18 Xxxxx, Xxxxx 36,000 12/3/2008 36,000 08-19 Xxxxxxxxx, Xxxx 24,000 12/3/2008 24,000 08-20 XxXxxxxx, Xxxxxx X. 18,000 12/3/2008 18,000 08-21 Xxxxxxxxx, Xxxx 6,000 12/3/2008 6,000 — 08-22 Xxxxxxxxxx, Xxxx 6,000 12/3/2008 6,000 — 08-23 Xxxxxxx, Xxxxx 4,800 12/3/2008 4,800 — 08-24 Xxxxxxxx, Xxxx 3,000 12/3/2008 3,000 09-01 Xxxxxxxx, Xxxxx 25,000 4/9/2009 25,000 00-00 XxXxx, Xxxxxxxx 45,000 4/9/2009 45,000 — 09-03 Xxxxxxxx, Xxxxxxxxx 75,000 4/9/2009 75,000 09-04 Xxxxxxxx, Xxxxxxxxx 75,000 12/2/2009 75,000 10-01 Xxxxxxxx, Xxxx 2,084,602 10/12/2010 2,084,602 10-02 Xxxxxxxx, Xxxx 1,765,398 10/12/2010 1,765,398 10-03 Xxxxxxxx, Xxxxxxxxx 25,000 11/30/2010 25,000
Grant of Awards In accordance with the Plan, and effective as of the date of this Agreement (the “Date of Grant”), the Company hereby grants to the Participant, subject to the terms and conditions of the Plan and this Agreement, an award of _____________________ (______) shares of Common Stock (the “Restricted Stock Award”).
Confirmation of Grant of Option Pursuant to a determination by the Board of Directors of the Company made as of April 19, 2001 (the "Date of Grant"), the Company hereby confirms that the Director has been granted effective April 19, 2001, as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation for services to be rendered by the Director, the right to purchase (the "Option") 20,761 shares of Common Stock, $.01 par value, of the Company (the "Shares"), subject to adjustment as provided in Section 7 hereof.
Terms of Grant The Participant hereby accepts the offer of the Company to issue to the Participant, in accordance with the terms of the Plan and this Agreement, ( ) Shares of the Company’s Common Stock (such shares, subject to adjustment pursuant to Section 24 of the Plan and Subsection 2.1(h) hereof, the “Granted Shares”) at a purchase price per share of $.01 (the “Purchase Price”), receipt of which is hereby acknowledged by the Participant’s prior service to the Company and which amount will be reported as income on the Participant’s W-2 for this calendar year(1).
