Common use of Certificates for Stock Clause in Contracts

Certificates for Stock. (a) Every owner of stock of the Corporation shall be entitled to have a certificate certifying the number of shares owned by him in the Corporation and designating the class of stock to which such shares belong, which shall otherwise be in such form as the Board shall prescribe. Each such certificate shall be signed by, or in the name of the Corporation by, the Chief Executive Officer, the Chairman of the Board, the President or a Vice President and by the Treasurer or an Assistant Treasurer or the Secretary or an Assistant Secretary of the Corporation. Any or all of such signatures may be facsimiles. (b) In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate shall have ceased to be such officer, transfer agent or registrar before such certificate is issued, it may nevertheless be issued by the Corporation with the same effect as if he were such officer, transfer agent or registrar at the date of issue. Every certificate surrendered to the Corporation for exchange or transfer shall be cancelled and a new certificate or certificates shall not be issued in exchange for any existing certificate until such existing certificate shall have been so cancelled, except in cases provided for in Section 4 of this Article.

Certificates for Stock. (a) Every owner holder of stock of the Corporation shall be entitled to have a certificate certifying the number of shares owned by him in the Corporation and designating the class of stock to which such shares belong, which shall otherwise be in such form as the Board shall prescribe. Each such certificate shall be signed by, or in the name of the Corporation by, the Chief Executive OfficerChairman, the Chairman of the Boarda Vice-Chairman, the President or a Vice President of the Corporation and by the Treasurer or Treasurer, an Assistant Treasurer or Treasurer, the Secretary or an Assistant Secretary of the Corporation. Any of or all of such signatures may be facsimiles. (b) . In case any officer, transfer officer or authorized agent or registrar who has signed or whose facsimile signature has been placed upon a certificate shall have ceased to be such officer, transfer officer or authorized agent or registrar before such certificate is issued, it may nevertheless be issued by the Corporation with the same effect as if he were such officer, transfer officer or authorized agent or registrar at the date of issue. Every certificate surrendered to the Corporation for exchange or transfer shall be cancelled canceled and a new certificate or certificates shall not be issued in exchange for any existing certificate until such existing certificate shall have been so cancelledcanceled, except in cases provided for in Section 4 8.4 of this Article.