Common use of Services Rendered Clause in Contracts

Services Rendered. At the discretion of the Committee, Shares may be awarded under the Plan in consideration of services rendered to the Company or a Subsidiary. If Shares are awarded without the payment of a Purchase Price in cash, the Committee shall make a determination (at the time of the Award) of the value of the services rendered by the Participant and the sufficiency of the consideration to meet the requirements of Section 6(b).

Appears in 57 contracts

Sources: 2020 Stock Incentive Plan (Nikola Corp), 2025 Restricted Stock Retirement Plan (Farmers & Merchants Bancorp), Business Combination Agreement (Pathfinder Acquisition Corp)

Services Rendered. At the discretion of the Committee, Shares may be awarded under the Plan in consideration of services rendered to the Company or a SubsidiarySubsidiary prior to the award. If Shares are awarded without the payment of a Purchase Price in cash, the Committee shall make a determination (at the time of the Award) of the value of the services rendered by the Participant Offeree and the sufficiency of the consideration to meet the requirements of Section 6(b).

Appears in 2 contracts

Sources: 2020 Stock Incentive Plan (Plus Therapeutics, Inc.), 2020 Stock Incentive Plan (Plus Therapeutics, Inc.)

Services Rendered. At the discretion of the Committee, Ordinary Shares may be awarded under the Plan in consideration of services rendered to the Company or a Subsidiary. If Ordinary Shares are awarded without the payment of a Purchase Price in cash, the Committee shall make a determination (at the time of the Award) of the value of the services rendered by the Participant and the sufficiency of the consideration to meet the requirements of Section 6(b).

Appears in 1 contract

Sources: Award Agreement (Gorilla Technology Group Inc.)

Services Rendered. At the discretion of the Committee, Shares may be awarded under the Plan in consideration of services rendered to the Company Company, a Subsidiary, or a SubsidiaryParent. If Shares are awarded without the payment of a Purchase Price in cash, the Committee shall make a determination (at the time of the Award) of the value of the services rendered by the Participant and the sufficiency of the consideration to meet the requirements of Section 6(b).

Appears in 1 contract

Sources: 2022 Stock Incentive Plan (CENNTRO ELECTRIC GROUP LTD)