Common use of Nature of Restricted Stock Awards Clause in Contracts

Nature of Restricted Stock Awards. The Administrator may grant Restricted Stock Awards under the Plan. A Restricted Stock Award is any Award of Restricted Shares subject to such restrictions and conditions as the Administrator may determine at the time of grant. Conditions may be based on continuing employment (or other Service Relationship) and/or achievement of pre-established performance goals and objectives.

Appears in 5 contracts

Samples: Subscription Agreement (ARYA Sciences Acquisition Corp II), Business Combination Agreement (Therapeutics Acquisition Corp.), Business Combination Agreement (Capstar Special Purpose Acquisition Corp.)

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Nature of Restricted Stock Awards. The Administrator may grant Restricted Stock Awards under the Plan. A Restricted Stock Award is any Award of Restricted Shares subject to such restrictions and conditions as the Administrator may determine at the time of grant. Conditions may be based on continuing employment (or other Service Relationshipservice relationship) and/or achievement of pre-established performance goals and objectives.

Appears in 1 contract

Samples: Employment Agreement (Brightcove Inc)

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