Examples of Stock Grant in a sentence
The definitive terms of the Restricted Stock Grant will be memorialized in a restricted stock agreement in accordance with the Company’s Incentive Program, and the award of the restricted common stock contemplated herein shall be subject, in all respects, to Executive accepting the terms of the Company’s Incentive Program and the applicable restricted stock agreement, and executing the same.
The per-share value of the Stock Grant Bonus shall be $0.001 per share.
The Chairman shall be granted 250,000 restricted shares of the Company’s common stock for each year he serves as the Chairman under the terms of this Agreement, which shall be subject to the terms, vesting schedule and restrictions set forth in the Restricted Stock Grant Award Agreement attached hereto as Exhibit A.