Common use of Grant of Restrictive Stock Clause in Contracts

Grant of Restrictive Stock. On the commencement date of the Employee’s employment under this agreement, he will be granted a Restrictive Stock Award under the Employment Incentive Compensation Plan for 10,000 shares of Employer’s common stock. Such award will vest in three equal annual installments over a three year period.

Grant of Restrictive Stock. On the commencement date of the Employee’s 's employment under this agreement, he Agreement she will be granted a Restrictive Restricted Stock Award under the Employment Employer's Incentive Compensation Plan for _10,000 shares of Employer’s 's common stock. Such award will vest in three equal annual installments over a three year periodyears.