Grant of Stock Awards. A Stock Award may be granted to any Eligible Employee selected by the Committee. A Stock Award may be granted for past services, in lieu of bonus or other cash compensation or for any other valid purpose as determined by the Committee. A Stock Award granted to an Eligible Employee represents Shares that are issued without restrictions on transfer and other incidents of ownership and free of forfeiture conditions, except as otherwise provided in the Plan and the Award Agreement. The Committee may, in connection with any Stock Award, require the payment of a specified purchase price.
Grant of Stock Awards. AThe Committee is authorized to grant a Stock Award may be grantedunder the Plan to any Eligible Employee selected by the Committee. A Stock Award may be granted for past services,Person as a bonus, as additional compensation, or in lieu of bonuscash or other cash compensation or for anythe individual is otherwise entitled to receive, in such amounts and subject to such other valid purposeterms as determined by the Committee. A Stock Award grantedCommittee in its discretion determines to an Eligible Employee represents Shares that are issued without restrictions on transfer and other incidents of ownership and free of forfeiture conditions, except as otherwise provided in the Plan and the Award Agreement. The Committee may, in connection with any Stock Award, require the payment of a specified purchase price.be appropriate.
Grant of Stock Awards.Grant. A Stock AwardParticipant may be granted one or more Stock Awards under the Plan; provided that such Award to any Eligiblean Employee selected by the Committee. A Stock Award may beis granted for past services, in lieu of salary, cash bonus or other cash compensation or for anycompensation. Stock Awards shall be subject to such terms and conditions, consistent with the other valid purposeprovisions of the Plan, as may be determined by the Committee. A Stock Award granted to an Eligible Employee represents Shares that are issued without restrictions on transfer and other incidents of ownership and free of forfeiture conditions, except as otherwise provided in the Plan and the Award Agreement. The Committee may, in connection with any Stock Award, require the payment of a specified purchase price.
Grant of Restricted Stock Awards. A Restricted Stock Award may be granted to any Eligible Employee selected by the Committee. A Stock AwardThe Committee may be granted for past services, in lieu of bonus or other cash compensation or for any other valid purpose as determinedrequire the payment by the Committee. A Stock Award granted to an Eligible Employee represents Shares that are issued without restrictions on transfer and other incidentsParticipant of ownership and free of forfeiture conditions, except as otherwise provided in the Plan and the Award Agreement. The Committee may,a specified purchase price in connection with any Restricted Stock Award, require the payment of a specified purchase price.Award.
Grant of Stock Unit Awards. A Stock Unit Award may be granted to any Eligible Employee selected by the Committee. AThe value of each stock unit under a Stock Unit Award may be granted for past services, in lieuis equal to the Fair Market Value of bonusa Share on the applicable date or other cash compensation or for any other valid purposetime period of determination, as determinedspecified by the Committee. A Stock Unit Award shall be subject to such restrictions and conditions as the Committee shall determine. A Stock Unit Award may be granted together with a dividend equivalent right with respect to an Eligible Employee representsthe Shares that are issued without restrictions on transfersubject to the Award, which may be accumulated and other incidents of ownership and free of forfeiture conditions, exceptmay be deemed reinvested in additional stock units, as otherwise provideddetermined by the Committee in the Plan and the Award Agreement. The Committee may, in connection with any Stock Award, require the payment of a specified purchase price.its discretion.
GrantSubject to the terms and provisions of the Plan, the Committee, at any time and from time to time, may grant unrestricted Stock Awards. AAwards under the Plan to such Key Employees and Non-Employee Directors and in such amounts as it shall determine. Participants receiving Stock Award may be grantedAwards are not required to any Eligible Employee selected bypay the Committee. A Stock Award may be grantedCompany therefor (except for past services, in lieuapplicable tax withholding) other than the rendering of bonus or other cash compensation or for any other valid purpose as determined by the Committee. A Stock Award granted to an Eligible Employee represents Shares that are issued without restrictions on transfer and other incidents of ownership and free of forfeiture conditions, except asservices. Unless otherwise provided in the Planapplicable Agreement, Stock Awards shall be fully vested and freely transferable as of the Award Agreement. The Committee may, in connection with any Stock Award, require the payment of a specified purchase price.Date, subject to restrictions under applicable federal or state securities laws.
Grant of Stock Awards. A Stock Award may be grantedThe Committee is hereby authorized to anygrant to Eligible Employee selectedPersons Shares without restrictions thereon, as deemed by the Committee. A Stock Award mayCommittee to be granted for past services, in lieuconsistent with the purpose of bonus or other cash compensation or for any other valid purpose as determined by the Committee. A Stock Award grantedPlan. Subject to an Eligible Employee represents Shares that are issued without restrictions on transfer and other incidentsthe terms of ownership and free of forfeiture conditions, except as otherwise provided in the Plan and any applicable Award Agreement, such Stock Awards may have such terms and conditions as the Award Agreement. The Committee may, in connection with any Stock Award, require the payment of a specified purchase price.shall determine.
Grant of Stock Awards. A Stock Award may be granted to any Eligible Employee selected by the Committee. A Stock Award may be granted for past services, in lieu of bonus or other cash compensation or for any other valid purpose as determined by the Committee. A Stock Award granted to an Eligible Employee represents Shares that are issued without restrictions on transfer and other incidents of ownership and free of forfeiture conditions, except as otherwise provided in the Plan and the Award Agreement. The Committee may, in connection withits sole discretion, grant an Award to any Grantee pursuant to which such Grantee may receive shares of Stock Award, requirefree of any restrictions (“Unrestricted Stock”) under the paymentPlan, subject to the limitations set forth in [Section 6.3]. Unrestricted Stock Awards may be granted or sold to any Grantee as provided in the immediately preceding sentence in respect of past or, if so provided in the related Award Agreement or a specified purchase price.separate agreement, the promise by the Grantee to perform future Service to the Company or an Affiliate or other valid consideration, or in lieu of, or in addition to, any cash compensation due to such Grantee.
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