Common use of Grant of the Award Clause in Contracts

Grant of the Award. Subject to the provisions of this Award Agreement and the Plan, the Company hereby grants to the Participant, an aggregate of ________________ restricted shares of Common Stock (the “Restricted Stock”), subject to adjustment as set forth in the Plan. _________ of the Restricted Stock shall be subject to time-based vesting (“Time-Based Restricted Stock”) and _________ of the Restricted Stock shall be subject to performance-based vesting (“Performance-Based Restricted Stock”).

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Be Aerospace Inc), Restricted Stock Award Agreement (Be Aerospace Inc), Restricted Stock Award Agreement (Be Aerospace Inc)

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Grant of the Award. Subject to the provisions of this Award Agreement and the Plan, the Company hereby grants to the Participant, an aggregate of ________________ restricted shares of Common Stock (the “Restricted Stock”), subject to adjustment as set forth in the Plan. _________ Seventy-five percent (75%) of the Restricted Stock shall be subject to time-based vesting (“Time-Based Restricted Stock”) and _________ twenty-five percent (25%) of the Restricted Stock shall be subject to performance-based vesting (“Performance-Based Restricted Stock”).

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (B/E Aerospace Inc), Restricted Stock Award Agreement (B/E Aerospace Inc)

Grant of the Award. Subject to the provisions of this Award Agreement and the Plan, the Company hereby grants to the Participant, an aggregate of ________________ restricted shares of Common Stock (the “Restricted Stock”), subject to adjustment as set forth in the Plan. _________ Seventy-five percent (75%) of the Restricted Stock shall be subject to time-based vesting (“Time-Based Restricted Stock”) and _________ twenty-five percent (25%) of the Restricted Stock shall be subject to performance-based vesting (“Performance-Based Restricted Stock”).

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Be Aerospace Inc), Restricted Stock Award Agreement (Be Aerospace Inc)

Grant of the Award. Subject to the provisions of this Award Agreement and the Plan, the Company hereby grants to the Participant, an aggregate of ________________ restricted shares of Common Stock (the “Restricted Stock”), subject to adjustment as set forth in the Plan. _________ * (*%) of the Restricted Stock shall be subject to time-based vesting (“Time-Based Restricted Stock”) and _________ * (*%) of the Restricted Stock shall be subject to performance-based vesting (“Performance-Based Restricted Stock”).

Appears in 1 contract

Samples: Term Incentive Plan Restricted Stock Award Agreement (KLX Inc.)

Grant of the Award. Subject to the provisions of this Award Agreement and the Plan, the Company hereby grants to the Participant, an aggregate of ________________ restricted shares of Common Stock (the “Restricted Stock”), subject to adjustment as set forth in the Plan. _________ Seventy-five percent (75%) of the Restricted Stock shall be subject to time-based vesting (“Time-Based Restricted Stock”) and _________ twenty-five percent (25%) of the Restricted Stock shall be subject to performance-based vesting (“Performance-Based Restricted Stock”).

Appears in 1 contract

Samples: Restricted Stock Award Agreement (B/E Aerospace Inc)

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Grant of the Award. Subject to the provisions of this Award Agreement and the Plan, the Company hereby grants to the Participant, an aggregate of ________________ restricted shares of Common Stock (the “Restricted StockStock ”), subject to adjustment as set forth in the Plan. _________ Seventy-five percent (75%) of the Restricted Stock shall be subject to time-based vesting (“Time-Based Restricted Stock”) and _________ twenty-five percent (25%) of the Restricted Stock shall be subject to performance-based vesting (“Performance-Based Restricted Stock”).

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Be Aerospace Inc)

Grant of the Award. Subject to the provisions of this Award Agreement and the Plan, the Company hereby grants to the Participant, an aggregate of ________________ 75,000 restricted shares of Common Stock (the “Restricted Stock”), subject to adjustment as set forth in the Plan. _________ Seventy-five percent (75%) of the Restricted Stock shall be subject to time-based vesting (“Time-Based Restricted Stock”) and _________ twenty-five percent (25%) of the Restricted Stock shall be subject to performance-based vesting (“Performance-Based Restricted Stock”).

Appears in 1 contract

Samples: Award Agreement (Be Aerospace Inc)

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