Stock Award Grant Sample Clauses

Stock Award Grant. Subject to the terms and conditions set forth in this Agreement and the Plan, the Committee hereby grants the Grantee 79,523 shares of common stock of the Company, subject to the restrictions set forth below and in the Plan ("Restricted Stock") and acknowledges payment by the Grantee of $79.52 ($0.001 per share) for the Restricted Stock. Shares of Restricted Stock may not be transferred by the Grantee or subjected to any security interest until the shares have become vested pursuant to this Agreement and the Plan.
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Stock Award Grant. On the terms and conditions set forth in this Agreement and the Plan, the Company hereby grants to the Grantee a total of 500 Shares (the “Stock Award”), which will vest and the restrictions upon which will lapse in four installments (each, a “Vesting Date”), as follows: --------------------------- ----------------------------------- Shares Vesting Date --------------------------- ----------------------------------- 125 [________], 20[__] --------------------------- ----------------------------------- 125 [________], 20[__] --------------------------- ----------------------------------- 125 [________], 20[__] --------------------------- ----------------------------------- 125 [________], 20[__] --------------------------- -----------------------------------
Stock Award Grant. Subject to the terms of this Agreement and the Plan, the Company hereby grants to the Recipient under the Plan 100,000 shares of restricted Common Stock (the "Restricted Shares") on the Award Date. Capitalized terms used herein but not defined in this Agreement shall have the respective meanings assigned to them in the Plan.
Stock Award Grant. The Board (or its Compensation Committee) shall, following the Effective Date, grant Consultant a restricted stock unit award covering 30,000 shares of the Company’s Class A Common Stock. Twenty thousand of the shares subject to the restricted stock unit award shall vest on the first anniversary of the Effective Date subject to Consultant continuing to provide the Services through such date and no shares shall vest before such date and no rights to any vesting shall be earned or accrued prior to such date. The remaining ten thousand of such shares shall vest on second anniversary of the Effective Date subject to Consultant continuing to provide the Services through such date. This restricted stock unit award shall be subject to the terms and conditions of the Company’s 2005 Stock Plan and form of restricted stock unit agreement.
Stock Award Grant. The Board shall, effective March 15, 2011 (in the event the fifteenth day of the month falls on a weekend or holiday, such issuance shall be effective upon the first business day immediately following the fifteenth day of the month), grant Consultant a restricted stock unit award covering that number of shares of the Company’s Class A Common Stock determined by dividing $400,000 by the closing price of a share of Class A Common Stock (as reported by the New York Stock Exchange) on the date of grant, rounded down to the nearest whole restricted stock unit. One hundred percent (100%) of the shares subject to the restricted stock unit award shall vest on the first anniversary of the Effective Date subject to Consultant continuing to provide the Services through such date and no shares shall vest before such date and no rights to any vesting shall be earned or accrued prior to such date. This restricted stock unit award shall be subject to the terms and conditions of the Company’s 2005 Stock Plan and form of restricted stock unit agreement.
Stock Award Grant. On the terms and conditions set forth in this Agreement and the Plan, the Company grants to the Non-Employee Director on the Grant Date a Stock Award of [NUMBER] shares of Common Stock as follows: --------------------------- ----------------------------------- Shares Delivery/Vesting Date --------------------------- ----------------------------------- --------------------------- ----------------------------------- --------------------------- ----------------------------------- --------------------------- ----------------------------------- --------------------------- -----------------------------------

Related to Stock Award Grant

  • Restricted Stock Unit Award Subject to the terms and conditions of the Plan and this Award Agreement, the Company hereby grants to the Participant the number of Restricted Stock Units indicated in the Notice of Grant (the “RSUs”). Each RSU represents one notional Share.

  • Restricted Stock Award Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Participant _____ Shares (the “Restricted Shares”), which shall vest and become nonforfeitable in accordance with Section 3 hereof.

  • Stock Award Pursuant to the Plan, the Company, on ________ __, 20__ (the “Date of Grant”) granted to the Participant, subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, a Stock Award covering _________ shares of Common Stock, hereafter described as the “Shares.”

  • Restricted Stock Awards Each Restricted Stock Award shall be evidenced by a Restricted Stock Award Agreement, which shall comply with and be subject to the following terms and conditions:

  • Restricted Stock Units Subject to the terms and conditions provided in this Agreement and the Plan, the Company hereby grants to the Grantee restricted stock units (the “Restricted Stock Units”) as of the Grant Date. Each Restricted Stock Unit represents the right to receive a Share of Common Stock if the Restricted Stock Unit becomes vested and non-forfeitable in accordance with Section 2 or Section 3 of this Agreement. The Grantee shall have no rights as a stockholder of the Company, no dividend rights and no voting rights with respect to the Restricted Stock Units or the Shares underlying the Restricted Stock Units unless and until the Restricted Stock Units become vested and non-forfeitable and such Shares are delivered to the Grantee in accordance with Section 4 of this Agreement. The Grantee is required to pay no cash consideration for the grant of the Restricted Stock Units. The Grantee acknowledges and agrees that (i) the Restricted Stock Units and related rights are nontransferable as provided in Section 5 of this Agreement, (ii) the Restricted Stock Units are subject to forfeiture in the event the Grantee’s Continuous Status as an Employee or Consultant or Non-Employee Director terminates in certain circumstances, as specified in Section 6 of this Agreement, (iii) sales of Shares of Common Stock delivered in settlement of the Restricted Stock Units will be subject to the Company’s policies regulating trading by Employees and Consultants, including any applicable “blackout” or other designated periods in which sales of Shares are not permitted, (iv) Shares delivered in settlement will be subject to any recoupment or “clawback” policy of the Company, regardless of whether such recoupment or “clawback” policy is applied with prospective or retroactive effect, and (v) any entitlement to dividend equivalents will be in accordance with Section 7 of this Agreement. The extent to which the Grantee’s rights and interest in the Restricted Stock Units becomes vested and non-forfeitable shall be determined in accordance with the provisions of Sections 2 and 3 of this Agreement.

  • Restricted Stock Grant As a member of Employer’s senior management team, Employee will be eligible for annual Restricted Stock Grants pursuant to Anaren’s 2004 Comprehensive Long Term Incentive Plan, as amended (“2004 Plan”) equal in value to 16% of his Base Salary for the respective year. Restrictive Stock Grants will be made annually at the same time other Restricted Stock Grants are made by Anaren to its senior management team, provided Employee is employed with Employer on that date. All Restricted Stock grants issued pursuant to this provision will be subject to the terms of the 2004 Plan, including, but not limited to, a thirty-six (36) month forfeiture provision. Notwithstanding anything to the contrary, in the event Employee employment concludes on or after the expiration of the Period of Employment, Employee shall be entitled if the forfeiture period has not otherwise lapsed only to a pro rata portion of each unvested Restricted Stock Grant based on the number of months employed by Employer from the date of grant to the expiration of the Period of Employment date. In the way of example, if Employee has been employed for 18 months of the 36 month forfeiture period at the end of his Period of Employment, he will receive 50% of the Restricted Shares granted. If Employee remains employed by Employer on a full time basis (30 hours or more per week) after the Period of Employment as an at-will Employee, all previously issued restricted stock shall continue to vest in accordance with the terms of the 2004 Plan.

  • Grant of Restricted Stock Unit Award The Company hereby grants to the Participant, as of the Grant Date specified above, the number of RSUs specified above. Except as otherwise provided by the Plan, the Participant agrees and understands that nothing contained in this Agreement provides, or is intended to provide, the Participant with any protection against potential future dilution of the Participant’s interest in the Company for any reason, and no adjustments shall be made for dividends in cash or other property, distributions or other rights in respect of the shares of Common Stock underlying the RSUs, except as otherwise specifically provided for in the Plan or this Agreement.

  • Performance Share Awards On the Performance Share Vesting Date next following the Executive's date of death, the number of Performance Shares that shall become Vested Performance Shares shall be determined by multiplying (a) that number of shares of Company Common Stock subject to the Performance Share Agreement that would have become Vested Performance Shares had no such termination occurred; provided, however, in no case shall the number of Performance Shares that become Vested Performance Shares exceed 100% of the Target Number of Performance Shares set forth in the Performance Share Agreement, by (b) the ratio of the number of full months of the Executive's employment with the Company during the Performance Period (as defined in the Performance Share Agreement) to the number of full months contained in the Performance Period. Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.

  • Performance Share Award If your Award includes a Performance Share Award, and you voluntarily terminate your employment prior to the end of the Performance Period, you will forfeit your entire Performance Share Award. 

  • Award of Restricted Stock Units The Company, effective as of the date of this Agreement, hereby grants to Participant an award of Restricted Stock Units, each Restricted Stock Unit representing the right to receive one share of Common Stock on such date as set forth herein, plus an additional amount pursuant to Section 2(b) hereof, subject to the terms and conditions set forth in this Agreement.

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