Custody of Certificates. Custody of stock certificates evidencing the Restricted Stock shall be retained by the Company so long as the Restricted Stock is not Vested. The Company shall deliver to Participant the stock certificates evidencing the Common Stock as soon as practicable after the Restricted Stock becomes Vested.
Appears in 8 contracts
Sources: Restricted Stock Award Agreement (Nii Holdings Inc), Restricted Stock Award Agreement (Nii Holdings Inc), Restricted Stock Award Agreement (Nii Holdings Inc)
Custody of Certificates. Custody of stock certificates evidencing the Restricted Stock shall be retained by the Company so long as the Restricted Stock is not Vested. The Company reserves the right to place a legend on each certificate restricting the transferability of shares evidenced by the certificate. The Company shall deliver to Participant the stock certificates evidencing the Common Stock as soon as practicable after the Restricted Stock becomes Vested.
Appears in 3 contracts
Sources: Restricted Stock Award Agreement (Middleburg Financial Corp), Restricted Stock Award Agreement (Middleburg Financial Corp), Restricted Stock Award Agreement (Middleburg Financial Corp)
Custody of Certificates. Custody of stock certificates evidencing the Restricted Stock shall be retained by the Company Corporation so long as the Restricted Stock is not Vested. The Company Corporation reserves the right to place a legend on each certificate restricting the transferability of shares evidenced by the certificate. The Corporation shall deliver to Participant the stock certificates evidencing the Common Stock as soon as practicable after the Restricted Stock becomes Vested.
Appears in 3 contracts
Sources: Stock Award Agreement (Central Virginia Bankshares Inc), Restricted Stock Award Agreement (Valley Financial Corp /Va/), Restricted Stock Award Agreement (Transcommunity Financial Corp)
Custody of Certificates. Custody of all stock certificates evidencing the shares of Restricted Stock shall be retained by the Company for so long as the Restricted Stock is such shares are not Vested. The Company shall deliver to Participant place a legend on each certificate evidencing a share of Restricted Stock restricting the stock certificates evidencing the Common Stock as transfer of such share. As soon as practicable after the shares of Restricted Stock becomes become Vested, the Company shall remove the restrictive legend and deliver to Participant one ore more stock certificates evidencing such shares.
Appears in 2 contracts
Sources: Restricted Stock Award Agreement (Shore Bancshares Inc), Restricted Stock Award Agreement (Shore Bancshares Inc)
Custody of Certificates. Custody of stock certificates evidencing the Restricted Stock Shares shall be retained by the Company so long as the Restricted Stock is Shares are not Vested. The Company shall deliver to Participant the stock certificates evidencing the Common Stock any Vested Shares as soon as practicable after the Restricted Stock becomes Shares become Vested.
Appears in 2 contracts
Sources: Stock Award Agreement (Hersha Hospitality Trust), Stock Award Agreement (Hersha Hospitality Trust)
Custody of Certificates. Custody of stock certificates evidencing the Restricted Stock shall be retained by the Company Corporation so long as the Restricted Stock is not Vested. The Company Corporation shall deliver to Participant the stock certificates evidencing the Common Stock as soon as practicable after the Restricted Stock becomes Vested.
Appears in 1 contract
Sources: Restricted Stock Award Agreement (Valley Financial Corp /Va/)
Custody of Certificates. Custody of stock certificates evidencing the Restricted Stock shall be retained by the Company so long as the Restricted Stock is not VestedCompany. The Company shall deliver to Participant Executive the stock certificates evidencing the Common Stock as soon as practicable after the Restricted Stock becomes Vestedthat become transferable and nonforfeitable.
Appears in 1 contract
Sources: Employment and Severance Benefits Agreement (Ethyl Corp)