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Issuance of Restricted Stock

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This agreement provides for the issuance of restricted stock to a company employee subject to the terms of the restricted stock plan for a purchase price. It calls for a portion of the stock to be vested and a portion to be unvested but will vesting over time.  This document in its draft form contains numerous of the standard clauses commonly used in these types of agreements; however, additional language may be added to allow for customization to ensure the specific terms of the parties’ agreement are addressed.  Use this agreement when issuing restricted stock to a company employee.

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