Example ContractsClausesbonus stock and awards in lieu of obligationsIdentical
Bonus Stock and Awards in Lieu of Obligations
Bonus Stock and Awards in Lieu of Obligations contract clause examples

Bonus Stock and Awards in Lieu of Obligations. The Committee is authorized to grant Shares to any Eligible Persons as a bonus, or to grant Shares or other Awards in lieu of obligations to pay cash or deliver other property under the Plan or under other plans or compensatory arrangements, provided that, in the case of Eligible Persons subject to Section 16 of the Exchange Act, the amount of such grants remains within the discretion of the Committee to the extent necessary to ensure that acquisitions of Shares or other Awards are exempt from liability under Section 16(b) of the Exchange Act. Shares or Awards granted hereunder shall be subject to such other terms as shall be determined by the Committee.

DESTINATION XL GROUP, INC. (DXLG) (CIK 0000813298)
Source: SEC EDGAR database • Date: August 13, 2020 • SIC: 5651 • CIK: 5651
DESTINATION XL GROUP, INC. (DXLG) (CIK 0000813298)
Source: SEC EDGAR database • Date: August 9, 2019 • SIC: 5651 • CIK: 5651

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