Common use of Grant and Issuance of Shares Clause in Contracts

Grant and Issuance of Shares. The Company shall issue to the Participant, and the Participant shall acquire and accept from the Company, subject to the terms and conditions set forth in this Agreement and in the Company's 2004 Value Creation Incentive Plan (the "Plan"), 15,000 shares (the "Shares") of common stock, par value $1.00 per share, of the Company ("Common Stock"). The Company shall issue to the Participant one or more certificates in the name of the Participant for that number of Shares issued to the Participant. The Participant agrees that the Shares shall be subject to (without limitation) the forfeiture provisions set forth in Section 2 of this Agreement and the restrictions on transfer set forth in Section 4 of this Agreement. The Participant agrees to the provisions set forth herein and acknowledges that each such provision is a material condition to the Company's agreement to grant the Shares to the Participant.

Grant and Issuance of Shares. The Company shall issue to the Participant, and the Participant shall acquire and accept from the Company, subject to the terms and conditions set forth in this Agreement and in the Company's 2004 Value Creation 1996 Stock Incentive Plan (the "Plan"), 15,000 26,000 shares (the "Shares") of common stock, par value $1.00 per share, of the Company ("Common Stock"). The Company shall issue to the Participant one or more certificates in the name of the Participant for that number of Shares issued to the Participant. The Participant agrees that the Shares shall be subject to (without limitation) the forfeiture provisions set forth in Section 2 of this Agreement and the restrictions on transfer set forth in Section 4 of this Agreement. The Participant agrees to the provisions set forth herein and acknowledges that each such provision is a material condition to the Company's agreement to grant the Shares to the Participant.

Grant and Issuance of Shares. The Company shall issue to the Participant, and the Participant shall acquire and accept from the Company, subject to the terms and conditions set forth in this Agreement and in the Company's 2004 Value Creation Incentive Plan (the "Plan"), 15,000 14,000 shares (the "Shares") of common stock, par value $1.00 per share, of the Company ("Common Stock"). The Company shall issue to the Participant one or more certificates in the name of the Participant for that number of Shares issued to the Participant. The Participant agrees that the Shares shall be subject to (without limitation) the forfeiture provisions set forth in Section 2 of this Agreement and the restrictions on transfer set forth in Section 4 of this Agreement. The Participant agrees to the provisions set forth herein and acknowledges that each such provision is a material condition to the Company's agreement to grant the Shares to the Participant.

Grant and Issuance of Shares. The Company shall issue to the Participant, and the Participant shall acquire and accept from the Company, subject to the terms and conditions set forth in this Agreement and in the Company's 2004 ’s 2008 Value Creation Incentive Plan (the "“Plan"”), 15,000 ___shares (the "“Shares"”) of common stock, par value $1.00 per share, of the Company ("“Common Stock"”). The Company shall issue to the Participant one or more certificates in the name of the Participant for that number of Shares issued to the Participant. The Participant agrees that the Shares shall be subject to (without limitation) the forfeiture provisions set forth in Section 2 of this Agreement and the restrictions on transfer set forth in Section 4 of this Agreement. The Participant agrees to the provisions set forth herein and acknowledges that each such provision is a material condition to the Company's ’s agreement to grant the Shares to the Participant.

Grant and Issuance of Shares. The Company shall issue to the Participant, and the Participant shall acquire and accept from the Company, subject to the terms and conditions set forth in this Agreement and in the Company's 2004 ’s 2008 Value Creation Incentive Plan (the "“Plan"”), 15,000 shares (the "“Shares"”) of common stock, par value $1.00 per share, of the Company ("“Common Stock"”). The Company shall issue to the Participant one or more certificates in the name of the Participant for that number of Shares issued to the Participant. The Participant agrees that the Shares shall be subject to (without limitation) the forfeiture provisions set forth in Section 2 of this Agreement and the restrictions on transfer set forth in Section 4 of this Agreement. The Participant agrees to the provisions set forth herein and acknowledges that each such provision is a material condition to the Company's ’s agreement to grant the Shares to the Participant.

Grant and Issuance of Shares. The Company shall issue to the Participant, and the Participant shall acquire and accept from the Company, subject to the terms and conditions set forth in this Agreement and in the Company's 2004 ’s 2007 Value Creation Incentive Plan (the "“Plan"”), 15,000 [ ] shares (the "“Shares"”) of common stock, par value $1.00 per share, of the Company ("“Common Stock"”). The Company shall issue to the Participant one or more certificates in the name of the Participant for that number of Shares issued to the Participant. The Participant agrees that the Shares shall be subject to (without limitation) the forfeiture provisions set forth in Section 2 of this Agreement and the restrictions on transfer set forth in Section 4 of this Agreement. The Participant agrees to the provisions set forth herein and acknowledges that each such provision is a material condition to the Company's ’s agreement to grant the Shares to the Participant.