SCIO DIAMOND TECHNOLOGY CORPORATION RESTRICTED STOCK AWARD AGREEMENTRestricted Stock Award Agreement • June 29th, 2015 • Scio Diamond Technology Corp • Abrasive, asbestos & misc nonmetallic mineral prods • South Carolina
This Restricted Stock Award Agreement (this “Agreement”) is made and entered into as of [Date] by and among Scio Diamond Technology Corporation, a Nevada corporation (the “Company”), and [Executive] (“Executive,” and collectively with the Company, the “Parties”). This Agreement sets forth the understanding and agreement of the Parties with respect to the [Number of Shares] shares of Common Stock (the “Shares”) issued to Executive pursuant to the terms and conditions of the Board action dated [Issue Date].
