Non-Employee Director Stock Unit Award Agreement Sample Contracts

XENOPORT, INC. NON-EMPLOYEE DIRECTOR STOCK UNIT AWARD AGREEMENT
Non-Employee Director Stock Unit Award Agreement • May 8th, 2012 • Xenoport Inc • Pharmaceutical preparations • California

Pursuant to the Stock Unit Grant Notice (“Grant Notice”) and this Non-Employee Director Stock Unit Award Agreement (“Agreement”), XenoPort, Inc. (the “Company”) has awarded you a Stock Unit Award pursuant to Section 7(c) of the Company’s 2005 Equity Incentive Plan (the “Plan”) for the number of Stock Units as indicated in the Grant Notice (collectively, the “Award”). Defined terms not explicitly defined in this Agreement but defined in the Plan shall have the same definitions as in the Plan. Subject to adjustment and the terms and conditions as provided herein and in the Plan, each Stock Unit shall represent the right to receive one (1) share of Common Stock.

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.