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Stock Payments
Stock Payments contract clause examples
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Stock. The Company may grant to Executive stock options, performance shares, performance units, deferred shares or restricted stock from time to time under the terms of a separate agreement, and consistent with the terms of any stock incentive plan which may be established and adopted by the Company. On the Commencement Date, Executive shall be granted a “Restricted Stock Grant” of 25,000 shares of common stock in the Company. The Restricted Stock Grant shall vest in equal amounts of 5,000 shares of Company common stock over a five-year period on December 31 of certain years during the Employment Term, commencing December 31, 2018 and ending December 31, 2022. The shares of common stock in the Restricted Stock Grant shall be divisible pro-rata by any forward or reverse splits of the Company’s common stock and shall be subject to such additional terms as may be provided in a Restricted Stock Grant agreement.

Stock. “Stock” shall mean the Common Stock of the Company, par value one-tenth of one cent ($.001 per share).

Stock. Pursuant to the terms of the Restricted Stock Grant Agreement dated November 3, 2015 (the “RSA”), 50,000 Shares (as such term is defined therein) are Unreleased Shares (as such term is defined herein) as of the Termination Date. The Company shall waive the Forfeiture Restrictions (as such term is defined therein) as of the Release Effective Date, and the Shares shall no longer be Unreleased Shares as of such date. Except as modified by this Agreement, the Shares will remain subject to and governed by the RSA and the [[Company:Organization]] 2013 Equity Incentive Award Plan.

Stock. Pursuant to the Plan, Participant is hereby awarded ​ shares of the Corporation’s common stock (the “Common Stock”), subject to the conditions of the Plan and this Agreement (the “Restricted Stock”).

Stock. The Parties agree that vesting of the Equity Awards will continue only until the Termination Date in accordance with the terms and conditions of the Stock Agreements, and any unvested shares subject to the Equity Awards immediately will revert to the Plan on that date, including all shares subject to performance-based Equity Awards. The exercise of Employee’s vested options shall continue to be governed by the terms and conditions of the Stock Agreements and, if not exercised within the time period set forth in the applicable Stock Agreements, the shares subject to such vested options will be forfeited.

Stock. The Parties agree that vesting of the Equity Awards will continue only until the Termination Date in accordance with the terms and conditions of the Stock Agreements, and any unvested shares subject to the Equity Awards immediately will revert to the Plan on that date, including all shares subject to performance-based Equity Awards. The exercise of Employee’s vested options shall continue to be governed by the terms and conditions of the Stock Agreements and, if not exercised within the time period set forth in the applicable Stock Agreements, the shares subject to such vested options will be forfeited.

Payments. All amounts due under this Section shall be payable not later than ten Business Days after demand therefor.

Payments. All amounts due under this Section shall be payable not later than ten (10) Business Days after demand therefor.

Payments. All amounts due under this Section shall be payable not later than ten Business Days after demand therefor.

Payments. If an Event of Default under [Section 9.01(a)] has occurred and the Administrative Agent has notified the Borrower that it intends to exercise remedies pursuant to Section 9.02 or an Event of Default has occurred under [Section 9.01(f)], then, in either case, no Maker may make, and no Holder may take, demand, receive or accept, any payment with respect to Intercompany Indebtedness.

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