Grant of Restricted Stock. Restricted Stock may be granted to Participants in such number, and upon such terms, and at any time and from time to time as shall be determined by the Committee, in its sole discretion. Each grant of Restricted Stock shall be evidenced by an Award Agreement.
Grant of Restricted Stock.Awards. The Committee may make grants of Restricted Stock may be grantedand/or Restricted Stock Units to Participants in such number, and upon such terms, and at any time and from time to time as shall be determined by the Committee, in its sole discretion.Participants. Each grant of Restricted StockAward shall be evidenced by an Award Agreement.Agreement setting forth the number of shares of Restricted Stock or number of Restricted Stock Units granted and the terms and conditions to which the Restricted Award is subject. Restricted Awards may be granted by the Committee in its discretion with or without cash consideration.
Grant of Restricted Stock.Stock Units. Restricted Stock Units may be granted to Participants in such number, and upon such terms, and at any time and from time to time as shall be determined by the Committee, in its sole discretion. A grant of a Restricted Stock Unit or Restricted Stock Units shall not represent the grant of Shares but shall represent a promise to deliver a corresponding number of Shares or the value of each Share based upon the completion of service, performance conditions, or such other terms and conditions as specified in the applicable Award Agreement over the Period of Restriction. Each grant of Restricted Stock Units shall be evidenced by an Award Agreement.
GrantGrant. Whenever the Committee deems it appropriate to grant a Restricted Stock Award, an Award Agreement shall be given to the Participant stating the number of shares of Restricted Stock. Restricted Stock may be grantedfor which the Award is granted, the Date of Grant, and the terms and conditions to Participants in such number, and upon such terms, and at any time and from time to time aswhich the Award is subject. Certificates representing the shares shall be determinedissued (or an equivalent book-entry notation shall be made in the records of the Company’s transfer agent) in the name of the Participant, subject to the restrictions imposed by the Committee, in its sole discretion. Each grant ofPlan and the Committee. Alternatively, the Committee may determine that the Restricted Stock shall be evidencedheld by anthe Company rather than delivered to the Participant pending the release of the applicable restrictions. A Restricted Stock Award Agreement.may be made by the Committee in its discretion without cash consideration.
Grant of Restricted Stock. Restricted Stock may be grantedSubject to Participants in such number,the provisions of Sections 5 and upon such terms, and6, the Committee, at any time and from time to timetime, may grant shares of Restricted Stock under the Plan to such Participants and in such amounts as it shall bedetermine. Subject to the terms and conditions of this Section 9 and the Award Agreement, upon delivery of shares of Restricted Stock to a Participant, or creation of a book entry evidencing a Participant’s ownership of Shares of Restricted Stock, the Participant shall have all of the rights of a shareholder with respect to such Restricted Shares, subject to the terms and restrictions set forth in this Section 9 or the applicable Award Agreement or as determined by the Committee, in its sole discretion. Each grant of Restricted Stock shall be evidenced by an Award Agreement.Committee.
Grant of Restricted Stock.Stock Awards. A Restricted Stock Award may be granted to Participants in such number, and upon such terms, and at any time and from time to time as shall be determinedEligible Employee selected by the Committee,Committee. The Committee may require the payment by the Participant of a specified purchase price in its sole discretion. Each grant ofconnection with any Restricted Stock shall be evidenced by an Award Agreement.Award.
Grant of Restricted Stock. Restricted Stock may be granted to Participants in such number, and upon such terms, and at any time andThe Committee may, from time to time and upon such terms and conditions as shall be determined byit may determine, authorize the Committee, in its sole discretion. Each grant or sale of Restricted Stock shallto Participants. Each such grant or sale may utilize any or all of the authorizations, and will be evidenced by an Award Agreement.subject to all of the requirements, contained in the following provisions:
GrantGRANT OF RESTRICTED STOCK. Subject to the terms and provisions of Restricted Stock. Restricted Stock may be granted to Participants in such number, and upon such terms, andthe Plan, the Committee, at any time and from time to time as shall be determined by the Committee, in its sole discretion. Eachtime, may grant Shares of Restricted Stock to Participants in such amounts as the Committee shall be evidenced by an Award Agreement.determine.
Grant of Restricted Stock.RESTRICTED STOCK AGREEMENT. Each Restricted Stock may be granted to Participants in such number, and upon such terms, and at any time and from time to time as shall be determined by the Committee, in its sole discretion. Each grant of Restricted Stock shall be evidenced by an Award Agreement.Agreement that shall specify the Period(s) of Restriction, the number of Shares of Restricted Stock granted, and such other provisions as the Committee shall determine.
Grant of Restricted Stock. Restricted Stock may be grantedSubject to Participants in such number,the terms and upon such terms, andprovisions of the Plan, the Committee, at any time and from time to timetime, may grant Shares of Restricted Stock to eligible Employees in such amounts and upon such terms and conditions as the Committee shall be determineddetermine. In addition to any other terms and conditions imposed by the Committee, in its sole discretion. Each grantvesting of Restricted Stock shallmay be evidenced by an Award Agreement.conditioned upon the achievement of Performance Goals in the same manner as provided in Section 8.04, herein, with respect to Performance Shares. No Employee may be awarded, in any calendar year, a number of Shares in the form of Restricted Stock (or Restricted Stock Units) exceeding one percent (1%) of the Shares approved for issuance under this Plan.
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