Common use of Grants of Restricted Stock Clause in Contracts

Grants of Restricted Stock. The Board of Directors may grant a Participant an award of Restricted Stock subject to such terms and conditions as the Board of Directors deems appropriate, including, without limitation, restrictions on the pledging, sale, assignment, transfer or other disposition of such shares and the requirement that the Participant forfeit all or a portion of such shares back to the Company upon termination of employment.

Appears in 4 contracts

Samples: Management Restricted Stock Grant Agreement (Atmi Inc), Restricted Stock Grant Agreement (Atmi Inc), Restricted Stock Grant Agreement (Atmi Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.