Common use of Endorsement on Certificates Clause in Contracts

Endorsement on Certificates. All certificates representing the Restricted Stock shall be endorsed on the face thereof with the following legend: “The shares of stock represented by this certificate and the transferability thereof are restricted by and subject to a Restricted Stock Agreement dated October 4, 2006, a copy of which is on file with the Secretary of the Company.” Upon lapse of the Restrictions, the Grantee or his representative shall be entitled to have the legend removed from certificates representing the Restricted Stock.

Appears in 1 contract

Sources: Restricted Stock Grant Agreement (First Mercury Financial Corp)

Endorsement on Certificates. All certificates representing the Restricted Stock Shares shall be endorsed on the face thereof with the following legend: “The shares of stock represented by this certificate and the transferability thereof are restricted by and subject to a Restricted Stock Agreement Agreement’ dated October 4, 2006«DateAwded», a copy of which is on file with the Secretary of the Company.” Upon lapse of the Restrictions, Restriction the Grantee Employee or his representative Representative shall be entitled to have the legend removed from certificates representing the Restricted StockShares.

Appears in 1 contract

Sources: Restricted Stock Agreement (Abbott Laboratories)