Grant of Common Stock Sample Clauses

The Grant of Common Stock clause defines the terms under which a party is awarded shares of common stock in a company. Typically, this clause specifies the number of shares granted, the vesting schedule, and any conditions or restrictions attached to the grant, such as continued employment or performance milestones. Its core function is to formalize the allocation of equity to individuals or entities, providing a clear legal basis for ownership and aligning interests between the company and the recipient.
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Grant of Common Stock. Subject to the restrictions, forfeiture provisions and other terms and conditions set forth herein (a) the Company hereby grants to Grantee, Four Hundred Sixty-One Thousand Two Hundred Ninety-Four (461,294) shares of Common Stock of the Company (“Grant Shares”), and (b) Grantee shall have all rights and privileges of ownership of such Grant Shares subject to this Agreement and the Plan.
Grant of Common Stock. Subject to the restrictions, forfeiture provisions and other terms and conditions set forth herein (a) the Company hereby grants to Grantee the number of shares of Common Stock ("Restricted Shares") as set out in Appendix A hereto, and (b) subject to the terms hereof, Grantee shall have and may exercise rights and privileges of ownership of such Restricted Shares, including, without limitation, the voting rights of such shares and the right to receive dividends declared in respect thereof. This Agreement and the grant of Restricted Shares are subject to administration by and the rules and procedures established by the Committee under the Plan.
Grant of Common Stock. Subject to the terms and conditions of this Agreement, the Company hereby grants to the Employee all right, title and interest in _________ shares of Common Stock (the “Stock Award”).
Grant of Common Stock. Subject to the restrictions, forfeiture provisions and other terms and conditions set forth herein (a) the Company hereby grants to Grantee the number of shares of Common Stock (“Restricted Shares”) as set out in Appendix A hereto, and (b) subject to the terms hereof, Grantee shall have and may exercise rights and privileges of ownership of such Restricted Shares, including, without limitation, the voting rights of such shares and the right to receive dividends declared in respect thereof. This Agreement and the grant of Restricted Shares are subject to administration by and the rules and procedures established by the Board of Directors of the Company (the “Board”) or a committee appointed by the Board to administer this Agreement (the “Committee”) and the Board or the Committee, if so appointed, shall have the authority to construe and interpret the terms of this Agreement and to provide omitted terms to carry out this Agreement. Except with respect to Section 3(v), any authority provided to the Company, the Board or Committee herein shall also be provided to the Committee, if one is appointed by the Board. The Committee shall have the authority to take all actions that it deems advisable for the administration of this Agreement.
Grant of Common Stock. Subject to and upon the terms, conditions and restrictions set forth in this Notice, pursuant to authorization under a resolution of the Committee, the Company has granted to the Grantee as of __________ __, 2018 (the “Date of Grant”) __________ shares of Common Stock (the “Common Shares”) pursuant to Section 9 of the Plan in accordance with the terms of this Notice and the Plan.
Grant of Common Stock. (a) On June 1, 2016 (the “Grant Date”), the Company shall grant to the Management Investor, and the Management Investor hereby accepts, effective as of the date of such grant, a number of restricted shares of Common Stock set forth on Appendix A, attached hereto with the Fair Market Value (as defined below) per share of Common Stock set forth on Appendix A (the “Restricted Shares”). (b) For the avoidance of doubt, the Restricted Shares shall be considered to be “Common Stock” hereunder upon grant (including prior to the vesting of any Restricted Shares). (c) Subject to the terms of Section 1(d) below and the other terms and provisions of this Agreement, the Restricted Shares shall vest in one-fourth (1/4) increments beginning on January 1, 2017 and thereafter on January 1st of each of the three years following such date (each such date, a “Vesting Date”), in each case provided that the Management Investor is still employed by the Company on such date; (d) Without limiting any of the other terms and provisions of this Agreement, the Restricted Shares shall be subject to the following terms: (i) Except as provided in Section 1(d)(ii)(A) below, if (A) other than for death or Disability, the Management Investor’s employment is terminated by the Company without Cause and (B) a waiver and release reasonably acceptable to the Company (a “Release”) is executed by the Management Investor within the time period prescribed therein after the date of such termination and becomes effective in accordance with its terms, the Management Investor shall immediately vest (upon the expiration of any revocation period applicable to such Release) as the owner of each tranche of Restricted Shares that would have vested under Section 1(c)) above, as the case may be, on the next succeeding Vesting Date applicable thereto following such termination. (ii) The Management Investor shall immediately vest as the owner of all Restricted Shares that have not theretofore vested upon the occurrence of any of the following: A. the termination of the Management Investor’s employment by the Company without Cause within twelve (12) months after a Change of Control (as defined below), subject to the Management Investor’s execution and non-revocation of a Release within the time period prescribed therein after the date of such termination; or B. the termination of the Management Investor’s employment due to the Management Investor’s death or Disability (as defined below), subject to the Management...
Grant of Common Stock. Subject to the restrictions, forfeiture provisions and other terms and conditions set forth herein (i) the Company grants to Grantee _____________(______) shares of Common Stock (“Grant Shares”), and (ii) Grantee shall have and may exercise all rights and privileges of ownership of such shares, including, without limitation, the voting rights of such shares and the right to receive any dividends declared in respect thereof. The Company may require Grantee to reimburse the Company for, or the Company may withhold from any amounts which it may owe Grantee, all amounts required by applicable federal, state and local law in respect of the issuance or vesting of the Grant Shares.
Grant of Common Stock. Subject to the restrictions, forfeiture provisions and other terms and conditions set forth herein (i) the Company grants to Grantee _______ shares of Common Stock ("RESTRICTED SHARES"), and (ii) Grantee shall have and may exercise all rights and privileges of ownership of such shares, including, without limitation, the voting rights of such shares and the right to receive any dividends declared in respect thereof.
Grant of Common Stock. Subject to the terms and conditions of the Plan, a copy of which is attached hereto and made a part hereof, and this Agreement, the Company awards the Participant shares of Class B-2 Common Stock (herein referred to as “Stock”) in the Company subject to the vesting provisions described in Section 2 of this Agreement.
Grant of Common Stock. In accordance with this Agreement and the Occidental Petroleum Corporation 2015 Long-Term Incentive Plan, as amended from time to time (the “Plan”), Occidental hereby grants to the Grantee as of the Date of Grant, the number of shares of Stock set forth above (the “Award”). The Stock shall be subject to the restrictions hereinafter set forth until those shares have become transferable in accordance with Section 2.