Common use of Restricted Share Award Clause in Contracts

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 25% 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.

Appears in 4 contracts

Samples: Award Agreement (ISABELLA BANK Corp), Award Agreement (ISABELLA BANK Corp), Award Agreement (ISABELLA BANK Corp)

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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 2530% 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.

Appears in 4 contracts

Samples: Award Agreement (ISABELLA BANK Corp), Award Agreement (ISABELLA BANK Corp), Award Agreement (ISABELLA BANK Corp)

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 2540% 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.

Appears in 2 contracts

Samples: Award Agreement (ISABELLA BANK Corp), Award Agreement (ISABELLA BANK Corp)

Restricted Share Award. Xxxxxxxx Bank Corporation hereby grants to the Grantee a number of Restricted Shares with a value (determined as of the Grant DateAward payout date) equal to 25% 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.

Appears in 1 contract

Samples: Award Agreement (ISABELLA BANK Corp)

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 2540% of GranteeXxxxxxx’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.

Appears in 1 contract

Samples: Award Agreement (ISABELLA BANK Corp)

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Restricted Share Award. Xxxxxxxx Bank Corporation hereby grants to the Grantee a number of Restricted Shares with a value (determined as of the Grant DateAward payout date) equal to 2540% 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.

Appears in 1 contract

Samples: Award Agreement (ISABELLA BANK Corp)

Restricted Share Award. Xxxxxxxx Bank Corporation hereby grants to the Grantee a number of Restricted Shares with a value (determined as of the Grant DateAward payout date) equal to 2530% 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.

Appears in 1 contract

Samples: Award Agreement (ISABELLA BANK Corp)

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