Common use of Grant of Shares Clause in Contracts

Grant of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of the Tremont Mortgage Trust 2017 Equity Compensation Plan, as it may be amended from time to time (the “Plan”), the Company hereby grants to the Recipient, effective as of the date of this Agreement, «NUMBER» of its common shares of beneficial interest, par value $0.01 per share (the “Common Shares”). The shares so granted are hereinafter referred to as the “Shares,” which term shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend, share split or combination, recapitalization or otherwise.

Appears in 3 contracts

Samples: Share Award Agreement (Tremont Mortgage Trust), Share Award Agreement (Tremont Mortgage Trust), Share Award Agreement (Tremont Mortgage Trust)

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Grant of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of the Tremont Mortgage Industrial Logistics Properties Trust 2017 2018 Equity Compensation Plan, as it may be amended from time to time (the “Plan”), the Company hereby grants to the Recipient, effective as of the date of this Agreement, «NUMBER» of its common shares of beneficial interest, par value $0.01 .01 per share (the “Common Shares”). The shares so granted are hereinafter referred to as the “Shares,” which term shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend, share split or combination, recapitalization or otherwise.

Appears in 2 contracts

Samples: Share Award Agreement (Industrial Logistics Properties Trust), Share Award Agreement (Industrial Logistics Properties Trust)

Grant of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of the Tremont Mortgage Trust 2017 Equity Commonwealth 2012 Equity Compensation Plan, as it may be amended from time to time (the “Plan”), the Company hereby grants to the Recipient, effective as of the date of this AgreementAgreement (the “Grant Date”), «NUMBERNUMBER OF SHARES» of its common shares of beneficial interest, par value $0.01 .01 per share (the “Common Shares”)share. The shares so granted are hereinafter referred to as the “Shares,” which term shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend, share split or combinationsplit, recapitalization or otherwise.

Appears in 2 contracts

Samples: Restricted Share Agreement for Trustees (Equity Commonwealth), Equity Commonwealth (Equity Commonwealth)

Grant of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of the Tremont Mortgage Trust 2017 Select Income REIT 2012 Equity Compensation Plan, as it may be amended from time to time (the “Plan”), the Company hereby grants to the Recipient, effective as of the date of this Agreement, «NUMBER» of its common shares of beneficial interest, par value $0.01 .01 per share (the “Common Shares”). The shares so granted are hereinafter referred to as the “Shares,” which term shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend, share split or combination, recapitalization or otherwise.

Appears in 2 contracts

Samples: Share Award Agreement (Select Income Reit), Share Award Agreement (Select Income Reit)

Grant of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of the Tremont Mortgage Service Properties Trust 2017 2012 Equity Compensation Plan, as it may be amended from time to time (the “Plan”), the Company hereby grants to the Recipient, effective as of the date of this Agreement, «NUMBER» of its common shares of beneficial interest, par value $0.01 .01 per share (the “Common Shares”). The shares so granted are hereinafter referred to as the “Shares,” which term shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend, share split or combination, recapitalization or otherwise.

Appears in 1 contract

Samples: Share Award Agreement (Service Properties Trust)

Grant of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of the Tremont Mortgage Senior Housing Properties Trust 2017 2012 Equity Compensation Plan, as it may be amended from time to time (the “Plan”), the Company hereby grants to the Recipient, effective as of the date of this Agreement, «NUMBER» of its common shares of beneficial interest, par value $0.01 .01 per share (the “Common Shares”). The shares so granted are hereinafter referred to as the “Shares,” which term shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend, share split or combination, recapitalization or otherwise.

Appears in 1 contract

Samples: Share Award Agreement (Senior Housing Properties Trust)

Grant of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of the Tremont Mortgage Hospitality Properties Trust 2017 2012 Equity Compensation Plan, as it may be amended from time to time (the “Plan”), the Company hereby grants to the Recipient, effective as of the date of this Agreement, «NUMBERHPT» of its common shares of beneficial interest, par value $0.01 .01 per share (the “Common Shares”). The shares so granted are hereinafter referred to as the “Shares,” which term shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend, share split or combination, recapitalization or otherwise.

Appears in 1 contract

Samples: Restricted Share Agreement (Hospitality Properties Trust)

Grant of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of the Tremont Mortgage Trust 2017 Five Star Quality Care, Inc. 2014 Equity Compensation Plan, as it may be amended from time to time (the “Plan”), the Company hereby grants to the Recipient, effective as of the date of this Agreement, «NUMBER» of its common shares of beneficial interestcommon stock, par value $0.01 .01 per share (the “Common Shares”). The shares so granted are hereinafter referred to as the “Shares,” which term shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend, share split or combination, recapitalization or otherwise.

Appears in 1 contract

Samples: Share Award Agreement (Five Star Quality Care, Inc.)

Grant of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of the Tremont Mortgage Government Properties Income Trust 2017 Equity Compensation 2009 Incentive Share Award Plan, as it may be amended from time to time (the “Plan”), the Company hereby grants to the Recipient, effective as of the date of this Agreement, «NUMBER« NUMBER OF SHARES» of its common shares of beneficial interest, par value $0.01 .01 per share (the “Common Shares”). The shares so granted are hereinafter referred to as the “Shares,” which term shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend, share split or combination, recapitalization or otherwise.

Appears in 1 contract

Samples: Restricted Share Agreement (Government Properties Income Trust)

Grant of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of the Tremont Mortgage Trust 2017 Select Income REIT 2012 Equity Compensation Plan, as it may be amended from time to time (the “Plan”), the Company hereby grants to the Recipient, effective as of the date of this Agreement, «NUMBERSIR» of its common shares of beneficial interest, par value $0.01 .01 per share (the “Common Shares”). The shares so granted are hereinafter referred to as the “Shares,” which term shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend, share split or combination, recapitalization or otherwise.

Appears in 1 contract

Samples: Restricted Share Agreement (Select Income REIT)

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Grant of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of the Tremont Mortgage Senior Housing Properties Trust 2017 2012 Equity Compensation Plan, as it may be amended from time to time (the “Plan”), the Company hereby grants to the Recipient, effective as of the date of this Agreement, «NUMBERSNH» of its common shares of beneficial interest, par value $0.01 .01 per share (the “Common Shares”). The shares so granted are hereinafter referred to as the “Shares,” which term shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend, share split or combination, recapitalization or otherwise.

Appears in 1 contract

Samples: Restricted Share Agreement (Senior Housing Properties Trust)

Grant of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of the Tremont Mortgage Diversified Healthcare Trust 2017 2012 Equity Compensation Plan, as it may be amended from time to time (the “Plan”), the Company hereby grants to the Recipient, effective as of the date of this Agreement, «NUMBER» of its common shares of beneficial interest, par value $0.01 .01 per share (the “Common Shares”). The shares so granted are hereinafter referred to as the “Shares,” which term shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend, share split or combination, recapitalization or otherwise.

Appears in 1 contract

Samples: Share Award Agreement (Diversified Healthcare Trust)

Grant of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of the Tremont Mortgage Trust 2017 Five Star Senior Living Inc. Amended and Restated 2014 Equity Compensation Plan, as it may be amended from time to time (the “Plan”), the Company hereby grants to the Recipient, effective as of the date of this Agreement, «NUMBER» of its common shares of beneficial interestcommon stock, par value $0.01 .01 per share (the “Common SharesStock”). The shares so granted are hereinafter referred to as the “Shares,” which term shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend, share split or combination, recapitalization or otherwise.

Appears in 1 contract

Samples: Share Award Agreement (Five Star Senior Living Inc.)

Grant of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of the Tremont Mortgage Amended and Restated Office Properties Income Trust 2017 Equity Compensation 2009 Incentive Share Award Plan, as it may be amended from time to time (the “Plan”), the Company hereby grants to the Recipient, effective as of the date of this Agreement, «NUMBER» of its common shares of beneficial interest, par value $0.01 .01 per share (the “Common Shares”). The shares so granted are hereinafter referred to as the “Shares,” which term shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend, share split or combination, recapitalization or otherwise.

Appears in 1 contract

Samples: Share Award Agreement (Office Properties Income Trust)

Grant of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of the Tremont Mortgage Senior Housing Properties Trust 2017 2012 Equity Compensation Plan, as it may be amended from time to time (the “Plan”), the Company hereby grants to the Recipient, effective as of the date of this Agreement, «NUMBERNUMBER OF SHARES» of its common shares of beneficial interest, par value $0.01 .01 per share (the “Common Shares”)share. The shares so granted are hereinafter referred to as the “Shares,” which term shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend, share split or combinationsplit, recapitalization or otherwise.

Appears in 1 contract

Samples: Restricted Share Agreement (Senior Housing Properties Trust)

Grant of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of the Tremont Mortgage Government Properties Income Trust 2017 Equity Compensation 2009 Incentive Share Award Plan, as it may be amended from time to time (the “Plan”), the Company hereby grants to the Recipient, effective as of the date of this Agreement, «NUMBER» of its common shares of beneficial interest, par value $0.01 .01 per share (the “Common Shares”). The shares so granted are hereinafter referred to as the “Shares,” which term shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend, share split or combination, recapitalization or otherwise.

Appears in 1 contract

Samples: Share Award Agreement (Government Properties Income Trust)

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