Common use of Immediate Vesting Award Clause in Contracts

Immediate Vesting Award. Additionally, the Company shall grant to Employee a number of fully vested shares of the Company’s common stock (the “Immediate Vesting Award”) having a total value equal to $420,000, the actual number of shares to be determined based on the closing price of a share of the Company’s common stock as reported on NASDAQ-GS as of the date of this Agreement. The Immediate Vesting Award shall be earned only if the Employee is a full-time employee of the Company on January 1, 2009. All Equity Awards shall be subject to agreed upon restrictions incorporated in the Company’s Xxxxxxx Xxxxxxx Policy and the trading restrictions incorporated in a restricted stock agreement between the Employee and the Company

Immediate Vesting Award. Additionally, the Company shall grant to Employee a number of fully vested shares of the Company’s common stock (the “Immediate Vesting Award”) having a total value equal to $420,000129,000, the actual number of shares to be determined based on the closing price of a share of the Company’s common stock as reported on NASDAQ-GS as of the date of this Agreement. The Immediate Vesting Award shall be earned only if the Employee is a full-time employee of the Company on January 1, 2009. All Equity Awards shall be subject to agreed upon restrictions incorporated in the Company’s Xxxxxxx Xxxxxxx Policy and the trading restrictions incorporated in a restricted stock agreement between the Employee and the Company.

Immediate Vesting Award. Additionally, the Company shall grant to Employee a number of fully vested shares of the Company’s common stock (the “Immediate Vesting Award”) having a total value equal to $420,000165,000, the actual number of shares to be determined based on the closing price of a share of the Company’s common stock as reported on NASDAQ-GS as of the date of this Agreement. The Immediate Vesting Award shall be earned only if the Employee is a full-time employee of the Company on January 1, 2009. All Equity Awards shall be subject to agreed upon restrictions incorporated in the Company’s Xxxxxxx Xxxxxxx Policy and the trading restrictions incorporated in a restricted stock agreement between the Employee and the Company.

Immediate Vesting Award. Additionally, the Company shall grant to Employee a number of fully vested shares of the Company’s common stock (the “Immediate Vesting Award”) having a total value equal to $420,00030,000, the actual number of shares to be determined based on the closing price of a share of the Company’s common stock as reported on NASDAQ-GS as of the date of this Agreement. The Immediate Vesting Award shall be earned only if the Employee is a full-time employee of the Company on January 1, 2009. All Equity Awards shall be subject to agreed upon restrictions incorporated in the Company’s Xxxxxxx Xxxxxxx Policy and the trading restrictions incorporated in a restricted stock agreement between the Employee and the Company.