Delivery of Certificates Upon Vesting. Promptly after the vesting of any shares of Restricted Stock pursuant to Paragraph 3 hereof and the satisfaction of any and all related tax withholding obligations pursuant to Paragraph 10, the Company shall deliver to the Holder a certificate or certificates evidencing the number of shares of Restricted Stock which have vested (or such lesser number of shares as may result after giving effect to Paragraph 10). The Holder (or the beneficiary or personal representative of the Holder in the event of the Holder’s death or Disability, as the case may be) shall deliver to the Company any representations or other documents or assurances as the Company or its counsel may determine to be necessary or advisable in order to ensure compliance with all applicable laws, rules, and regulations with respect to the grant of the Award and the delivery of shares of Common Stock in respect thereof. The Shares so delivered shall no longer be Restricted Shares hereunder.
Appears in 2 contracts
Sources: Restricted Stock Award Agreement (AdvancePierre Foods Holdings, Inc.), Restricted Stock Award Agreement (AdvancePierre Foods Holdings, Inc.)
Delivery of Certificates Upon Vesting. Promptly after the vesting of any shares of Restricted Stock pursuant to Paragraph Section 3 hereof and the satisfaction of any and all related tax withholding obligations pursuant to Paragraph 10obligations, the Company shall shall, as applicable, either remove the notations on any Restricted Shares issued in book entry form which have vested or deliver to the Holder Director a certificate or certificates evidencing the number of shares of Restricted Stock Shares which have vested (or such lesser number of shares as may result after giving effect to Paragraph 10)vested. The Holder Director (or the beneficiary or personal representative of the Holder Director in the event of the HolderDirector’s death or Disabilitydisability, as the case may be) shall deliver to the Company any representations or other documents or assurances as the Company or its counsel may determine to be necessary or advisable in order to ensure compliance with all applicable laws, rules, and regulations with respect to the grant of the Award and the delivery of shares of Common Stock Shares in respect thereof. The Shares so delivered shall no longer be Restricted Shares hereunder.
Appears in 1 contract
Sources: Director Restricted Stock Award Agreement (Cell Therapeutics Inc)
Delivery of Certificates Upon Vesting. Promptly after the vesting of any shares of Restricted Stock Shares pursuant to Paragraph Sections 3 or 4 hereof and the satisfaction of any and all related tax withholding obligations pursuant to Paragraph 10Section 11, the Company Corporation shall deliver to the Holder Executive a certificate or certificates evidencing the number of shares of Restricted Stock which have vested (or such lesser number of shares as may result after giving effect to Paragraph 10Section 11). The Holder Executive (or the beneficiary or personal representative of the Holder Executive in the event of the HolderExecutive’s death or Disabilitydisability, as the case may be) shall deliver to the Company Corporation any representations or other documents or assurances as the Company Corporation or its counsel may determine to be necessary or advisable in order to ensure compliance with all applicable laws, rules, and regulations with respect to the grant of the Award Restricted Shares and the delivery of shares of Common Stock in respect thereof. The Shares shares so delivered shall no longer be Restricted Shares restricted shares hereunder.
Appears in 1 contract
Sources: Restricted Stock Agreement (Platinum Energy Resources Inc)