Common use of Award of Stock Clause in Contracts

Award of Stock. The Company hereby agrees to issue and sell to Holder, and Holder hereby agrees to acquire from the Company, ________ shares of the Company’s common stock (the “Shares”) in exchange for the consideration set forth in Section 2.

Award of Stock. The Company hereby agrees to issue and sell to Holder, and Holder hereby agrees to acquire receive from the Company, __________ (___________) shares of the Company’s common stock (the “Shares”) in exchange for the consideration set forth in Section 2).