Common use of Issuance of Stock Clause in Contracts

Issuance of Stock. (a) Subject and pursuant to all terms and conditions stated in this Agreement and in the Plan, on the Issue Date, Alpha hereby grants to Award Recipient the number of restricted stock units (the “Units”) for Alpha’s common stock, par value $0.01 per share (the “Common Stock”), set forth on Exhibit A. Each Unit represents the right to receive one share of Common Stock following the vesting date of that Unit. Except as otherwise provided herein, the Units shall vest on the six-month anniversary of the Award Recipient’s Separation from Service as provided on Exhibit A and the shares of Alpha Common Stock which vest under your Unit Award will be issued to you on such six-month anniversary date, or if the vesting date is not a business day, on the next following business day (or as soon as reasonably practicable but in no event later than the 15th day of the third month following such date), subject to your satisfaction of all applicable income and employment withholding taxes. For purposes of this Agreement, the “Shares” of Common Stock to be issued under this Award shall include all of the shares of Common Stock issued to Award Recipient pursuant to this Agreement plus any Shares issued with respect to such shares of Common Stock before the Shares are actually issued under this Award, including, but not limited to, shares of Alpha’s capital stock issued by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization.

Appears in 4 contracts

Samples: Restricted Unit Award Agreement for Non (Alpha Natural Resources, Inc.), Restricted Stock Unit Award Agreement (Alpha Natural Resources, Inc.), Restricted Stock Unit Award Agreement (Alpha Natural Resources, Inc.)

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Issuance of Stock. (a) Subject and pursuant to all terms and conditions stated in this Agreement and in the Plan, on the Issue Date, Alpha hereby grants to Award Recipient the number of restricted stock units (the “Units”) for Alpha’s common stock, par value $0.01 per share (the “Common Stock”), set forth on Exhibit A. Each Unit represents the right to receive one share of Common Stock following the vesting date of that Unit. Except as otherwise provided herein, the Units shall vest on the six-month anniversary of the Award Recipient’s Separation from Service as provided on Exhibit A and the shares of Alpha Common Stock which vest each year under your Unit Award will be issued to you on such six-month anniversary date, the vesting date or if the vesting date is not a business day, on the next immediately following business day (or as soon as reasonably practicable but in no event later than the 15th day of the third month following such date), subject to your satisfaction of all applicable income and employment withholding taxes. For purposes of this Agreement, the “Shares” of Common Stock to be issued under this Award shall include all of the shares of Common Stock issued to Award Recipient pursuant to this Agreement plus any Shares issued with respect to such shares of Common Stock before the Shares are actually issued under this Award, including, but not limited to, shares of Alpha’s capital stock issued by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.), Restricted Stock Unit Award Agreement (Alpha Natural Resources, Inc.), Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.)

Issuance of Stock. (a) Subject and pursuant to all terms and conditions stated in this Agreement and in the Plan, on the Issue Date, Alpha hereby grants to Award Recipient the number of restricted stock units (the "Units") for Alpha’s common stock, par value $0.01 per share (the "Common Stock"), set forth on Exhibit A. Each Unit represents the right to receive one share of Common Stock following the vesting date of that Unit. Except as otherwise provided herein, the Units shall vest on the six-month anniversary of the Award Recipient’s Separation from Service as provided on Exhibit A and the shares of Alpha Common Stock which vest each year under your Unit Award will be issued to you on such six-month anniversary date, the vesting date or if the vesting date is not a business day, on the next immediately following business day (or as soon as reasonably practicable but in no event later than the 15th day of the third month following such date), subject to your satisfaction of all applicable income and employment withholding taxes. For purposes of this Agreement, the "Shares" of Common Stock to be issued under this Award shall include all of the shares of Common Stock issued to Award Recipient pursuant to this Agreement plus any Shares issued with respect to such shares of Common Stock before the Shares are actually issued under this Award, including, but not limited to, shares of Alpha’s capital stock issued by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.), Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.), Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.)

Issuance of Stock. (a) Subject and pursuant to all terms and conditions stated in this Agreement and in the Plan, on the Issue Date, Alpha hereby grants to Award Recipient the number of restricted stock units (the "Units") for Alpha’s common stock, par value $0.01 per share (the "Common Stock"), set forth on Exhibit A. Each Unit represents the right to receive one share of Common Stock following the vesting date of that Unit. Except as otherwise provided herein, the Units shall vest on the six-month anniversary of the Award Recipient’s Separation from Service as provided on Exhibit A and the shares of Alpha Common Stock which vest under your Unit Award will be issued to you on such six-month anniversary date, the vesting date(s) or if the vesting date date(s) is not a business day, on the next immediately following business day (or as soon as reasonably practicable but in no event later than the 15th day of the third month following such datedate(s)), subject to your satisfaction of all applicable income and employment withholding taxes. For purposes of this Agreement, the "Shares" of Common Stock to be issued under this Award shall include all of the shares of Common Stock issued to Award Recipient pursuant to this Agreement plus any Shares issued with respect to such shares of Common Stock before the Shares are actually issued under this Award, including, but not limited to, shares of Alpha’s capital stock issued by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.), Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.)

Issuance of Stock. (a) Subject and pursuant to all terms and conditions stated in this Agreement and in the Plan, on the Issue Date, Alpha hereby grants to Award Recipient the number of restricted stock units (the "Units") for Alpha’s common stock, par value $0.01 per share (the "Common Stock"), set forth on Exhibit A. Each Unit represents the right to receive one share of Common Stock following the vesting date of that Unit. Except as otherwise provided herein, the Units shall vest on the six-month anniversary of the Award Recipient’s 's Separation from Service as provided on Exhibit A and the shares of Alpha Common Stock which vest under your Unit Award will be issued to you on such six-month anniversary date, or if the vesting date is not a business day, on the next following business day (or as soon as reasonably practicable but in no event later than the 15th day of the third month following such date), subject to your satisfaction of all applicable income and employment withholding taxes. For purposes of this Agreement, the "Shares" of Common Stock to be issued under this Award shall include all of the shares of Common Stock issued to Award Recipient pursuant to this Agreement plus any Shares issued with respect to such shares of Common Stock before the Shares are actually issued under this Award, including, but not limited to, shares of Alpha’s capital stock issued by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Alpha Natural Resources, Inc.), Restricted Stock Unit Award Agreement (Alpha Natural Resources, Inc.)

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Issuance of Stock. (a) Subject and pursuant to all terms and conditions stated in this Agreement and in the Plan, on the Issue Date, Alpha hereby grants to Award Recipient the number of restricted stock units (the “Units”) for Alpha’s common stock, par value $0.01 per share (the “Common Stock”), set forth on Exhibit A. Each Unit represents the right to receive one share of Common Stock following subject to the vesting date of and forfeiture requirements with respect to that Unit, as set forth in Section 2 below. Except as otherwise provided herein, the Units shall vest on the six-month anniversary of the Award Recipient’s Separation from Service as provided on Exhibit A and the shares of Alpha Common Stock which vest under your Unit Award will be issued to you on such six-month anniversary (a) the vesting date, or if the vesting date is not a business day, on the next following business day (or as soon as reasonably practicable but in no event later than the 15th day date of the third month following such date)) or (b) if applicable, as otherwise provided in accordance with your deferral election attached hereto as Exhibit B, in either case, subject to your satisfaction of all applicable income and employment withholding taxes. For purposes of this Agreement, the “Shares” of Common Stock to be issued under this Award shall include all of the shares of Common Stock issued to Award Recipient pursuant to this Agreement plus any Shares issued with respect to such shares of Common Stock before the Shares are actually issued under this Award, including, but not limited to, shares of Alpha’s capital stock issued by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement for Non (Alpha Natural Resources, Inc.)

Issuance of Stock. (a) Subject and pursuant to all terms and conditions stated in this Agreement and in the Plan, on the Issue Date, Alpha the Company hereby grants to Award Recipient the number of restricted stock units (the "Units") for Alphathe Company’s common stock, par value $0.01 per share (the "Common Stock"), set forth on Exhibit A. Each Unit represents the right to receive one share of Common Stock following the vesting date of that Unit. Except as otherwise provided herein, the Units shall vest on the six-month anniversary of the Award Recipient’s 's Separation from Service as provided on Exhibit A and the shares of Alpha the Company Common Stock which vest under your Unit Award will be issued to you on such six-month anniversary date, or if the vesting date is not a business day, on the next following business day (or as soon as reasonably practicable but in no event later than the 15th day of the third month following such date), subject to your satisfaction of all applicable income and employment withholding taxes. For purposes of this Agreement, the "Shares" of Common Stock to be issued under this Award shall include all of the shares of Common Stock issued to Award Recipient pursuant to this Agreement plus any Shares issued with respect to such shares of Common Stock before the Shares are actually issued under this Award, including, but not limited to, shares of Alphathe Company’s capital stock issued by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Alpha Natural Resources, Inc.)

Issuance of Stock. (a) Subject and pursuant to all terms and conditions stated in this Agreement and in the Plan, on the Issue Date, Alpha the Company hereby grants to Award Recipient the number of restricted stock units (the “Units”) for Alphathe Company’s common stock, par value $0.01 per share (the “Common Stock”), set forth on Exhibit A. Each Unit represents the right to receive one share of Common Stock following the vesting date of that Unit. Except as otherwise provided herein, the Units shall vest on the six-month anniversary of the Award Recipient’s Separation from Service as provided on Exhibit A and the shares of Alpha the Company Common Stock which vest under your Unit Award will be issued to you on such six-month anniversary date, or if the vesting date is not a business day, on the next following business day (or as soon as reasonably practicable but in no event later than the 15th day of the third month following such date), subject to your satisfaction of all applicable income and employment withholding taxes. For purposes of this Agreement, the “Shares” of Common Stock to be issued under this Award shall include all of the shares of Common Stock issued to Award Recipient pursuant to this Agreement plus any Shares issued with respect to such shares of Common Stock before the Shares are actually issued under this Award, including, but not limited to, shares of Alphathe Company’s capital stock issued by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization.

Appears in 1 contract

Samples: Restricted Stock (Alpha Natural Resources, Inc.)

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