Common use of Restricted Common Stock Clause in Contracts

Restricted Common Stock. (a) Executive is hereby granted 483,432 shares of restricted common stock of the Company, $.01 par value per share (the “Shares”) subject to vesting in 30,000 share increments on a quarterly basis commencing on the Effective Date, except the first quarter commencing as of the Effective Date 33,432 shares shall vest at the end thereof. The Shares shall be other compensation to the Executive for his services hereunder and shall be earned and vest at the end of each quarter during the Employment Period.

Restricted Common Stock. (a) Executive is hereby granted 483,432 516,164 shares of restricted common stock of the Company, $.01 par value per share (the “Shares”) subject to vesting in 30,000 share increments on a quarterly basis commencing on the Effective Date, except the first quarter commencing as of the Effective Date 33,432 66,164 shares shall vest at the end thereof. The Shares shall be other compensation to the Executive for his services hereunder and shall be earned and vest at the end of each quarter during the Employment Period.

Restricted Common Stock. (a) Executive is hereby granted 483,432 235,001 shares of restricted common stock of the Company, $.01 par value per share (the “Shares”) subject to vesting in 30,000 15,000 share increments on a quarterly basis commencing on the Effective Date, except the first quarter commencing as of the Effective Date 33,432 10,001 shares shall vest at the end thereof. The Shares shall be other compensation to the Executive for his services hereunder and shall be earned and vest at the end of each quarter during the Employment Period.

Restricted Common Stock. (a) Executive is hereby granted 483,432 48,000 shares of restricted common stock of the Company, $.01 par value per share (the “"Shares”") subject to vesting in 30,000 3,000 share increments on a quarterly pro rata calendar quarter basis commencing on the Effective Date, except the first quarter commencing as of the Effective Date 33,432 shares shall vest at the end thereof. The Shares shall be other compensation to the Executive for his services hereunder and shall be earned and vest at the end of each quarter during the Employment Period.

Restricted Common Stock. (a) Executive is hereby granted 483,432 490,000 shares of restricted common stock of the Company, $.01 par value per share (the “Shares”) subject to vesting in 30,000 share increments on a quarterly basis commencing on the Effective Date, except the first quarter commencing as of the Effective Date 33,432 40,000 shares shall vest at the end thereof. The Shares shall be other compensation to the Executive for his services hereunder and shall be earned and vest at the end of each quarter during the Employment Period.

Restricted Common Stock. (a) Executive is hereby granted 483,432 2,935,616 shares of restricted common stock of the Company, $.01 par value per share (the “Shares”) subject to vesting in 30,000 175,000 share increments on a quarterly basis commencing on the Effective Date, except the first quarter commencing as of the Effective Date 33,432 310,616 shares shall vest at the end thereof. The Shares shall be other compensation to the Executive for his services hereunder and shall be earned and vest at the end of each quarter during the Employment Period.

Restricted Common Stock. (a) Executive is hereby granted 483,432 640,000 shares of restricted common stock of the Company, $.01 par value per share (the “Shares”) subject to vesting in 30,000 40,000 share increments on a quarterly basis commencing on the Effective Date, except the first quarter commencing as of the Effective Date 33,432 shares shall vest at the end thereof. The Shares shall be other compensation to the Executive for his services hereunder and shall be earned and vest at the end of each quarter during the Employment Period.