Restricted Share Award. Xxxxxxxx Bank Corporation hereby grants to the Grantee a number of Restricted Shares with a value (determined as of the Grant Date) equal to 30% of Grantee’s annual salary pursuant and subject to the terms of the Plan and this Award Agreement. The number of Restricted Shares granted under this Award Agreement is subject to adjustment as provided in the Plan.
Restricted Share Award. Awards of Restricted Shares shall be subject to such terms and conditions as are established by the Committee. Such terms and conditions may include, but are not limited to, the requirement of continued service with the Company, achievement of specified business objectives and other measurements of individual or business unit performance, the manner in which such Restricted Shares are held, the extent to which the holder of such Restricted Shares has rights of a shareholder and the circumstances under which such Restricted Shares shall be forfeited. The Participant shall not be permitted to sell, assign, transfer, pledge or otherwise encumber Shares received pursuant to this Section 9 prior to the date on which any applicable restriction established by the Committee lapses. The Participant shall have, with respect to Restricted Shares, all of the rights of a shareholder of the Company, including the right to vote the Restricted Shares and the right to receive any dividends, unless the Committee shall otherwise in the grant of such Restricted Shares. Restricted Shares may not be sold or transferred by the Participant until any restrictions that have been established by the Committee have lapsed. Upon the termination of employment of a Participant who is an Employee during the period any restrictions are in effect, all Restricted Shares shall be forfeited without compensation to the Participant unless otherwise provided in the grant of such Restricted Shares.
Restricted Share Award. The Company grants to the Grantee, on the terms and conditions hereinafter set forth, a restricted share award with respect to 65,682 common shares of the Company, par value US$.01 per share (the “Restricted Shares”).
Restricted Share Award. (a) Subject to the terms and conditions set forth in this Agreement, including, without limitation, the terms and conditions of the Restrictive Covenant Addendum attached hereto, the terms of which are fully incorporated herein, the Company hereby grants to the Participant, effective as of the Grant Date set forth above (the “Grant Date”), the number of Restricted Shares set forth above (the “Restricted Shares”). The Restricted Shares are granted under, and are subject to all of the terms and provisions of, the Kaman Corporation Second Amended and Restated 2013 Management Incentive Plan (the “Plan”). All capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Plan.
Restricted Share Award. Subject to the terms and conditions of the Plan and this Agreement, The Andersons, Inc. (the “Company”) hereby awards you ‹‹rsa›› Shares of the Company’s Common Stock. Following receipt from you of an executed copy of the attached Acknowledgement, the Shares shall be registered in your name on the books of the Company as represented by Computer Share, Registrar and Transfer Agent, in book entry form. By signing the Acknowledgement, you declare having read this Agreement and agree to be bound by all the terms and conditions contained herein.
Restricted Share Award. 6.1 Subject to shareholder approval where required by applicable regulation, the Company will grant a special incentive award under the Xxxxxxxxx Group plc Restricted Share Plan, which would be subject to the Rules of the Plan (the RSP Award) and the letter of grant. The remainder of this clause sets out indicative terms which will apply to the RSP Award provided that the necessary approvals are obtained and subject to the Rules.
Restricted Share Award. (a) Subject to the terms and conditions set forth in this Agreement, the Company hereby grants to the Participant, effective as of the Grant Date set forth above (the “Grant Date”), the number of Restricted Shares set forth above (the “Restricted Shares”). The Restricted Shares are granted under, and are subject to all of the terms and provisions of, the Kaman Corporation 2013 Management Incentive Plan (the “Plan”). All capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Plan.
Restricted Share Award. The Company hereby sells, transfers, assigns and delivers to the Holder an aggregate of 25,000 Shares as of the Date of Grant (“Award Restricted Shares”) on the terms and conditions set forth in this Agreement, including, without limitation, the Restriction more specifically set forth in Section 4, below, subject only to Holder’s execution of this Agreement.
Restricted Share Award. The Company hereby awards to Grantee, shares of Common Stock of the Company (the “Restricted Share Award”) which shall be subject to the restrictions and conditions set forth in the Plan and in this Agreement. One or more stock certificates representing the number of Restricted Shares specified herein shall hereby be registered in the Grantee’s name (the “Stock Certificate”), but shall be deposited and held in escrow for the Grantee’s account as provided in Section 11(c) hereof until such Restricted Shares become vested. Grantee acknowledges and agrees that Restricted Shares may be issued as a book entry with the Company’s transfer agent and that no physical Stock Certificates need be issued for so long as the shares remain unvested shares. Subject to the terms of this Agreement, Grantee shall have all the rights of a stockholder with respect to the Restricted Shares while they are held in the custody of the Company for Grantee’s account, including the right to vote the Restricted Shares and to receive any dividends thereon.
Restricted Share Award. Executive shall purchase, as of the Effective Date or such later date as set forth in Section 4.4(c), restricted shares of the Class A Common Stock of the Company, which shall represent, on the date of the closing of the transactions contemplated by the Merger Agreement (defined below), 0.7% of the fully diluted appreciation in the value of the common stock of the Company (excluding preferences with respect to the Class L Common Stock of the Company) (the “Restricted Shares”). The terms of the Restricted Shares shall be set forth in Executive’s award agreement, which shall be in substantially the same form as Exhibit B attached hereto.
