Restricted Share Awards. The Executive shall be eligible to receive restricted Common Shares of the Company (“Restricted Share Grants”) as approved by the Compensation Committee, but only to the extent that restricted shares are available for issuance under the Equity Incentive Plan. The terms and conditions of Restricted Share Grants shall be determined by the Compensation Committee. Any Common Shares issued as Restricted Share Grants will have voting and dividend rights, and, following the restriction period, shall be registered and fully transferable by the Executive.
Appears in 5 contracts
Samples: Employment Agreement (GMH Communities Trust), Employment Agreement (GMH Communities Trust), Employment Agreement (GMH Communities Trust)
Restricted Share Awards. The Executive shall be eligible to receive restricted Common Shares of the Company (“"Restricted Share Grants”") as approved by the Compensation Committee, but only to the extent that restricted shares are available for issuance under the Equity Incentive Plan. The terms and conditions of Restricted Share Grants shall be determined by the Compensation Committee. Any Common Shares issued as Restricted Share Grants will have voting and dividend rights, and, following the restriction period, shall be registered and fully transferable by the Executive.
Appears in 3 contracts
Samples: Employment Agreement (GMH Communities Trust), Employment Agreement (GMH Communities Trust), Communities Trust (GMH Communities Trust)
