Evidence of Ownership. 2.1 Evidence of the issuance of the Restricted Stock pursuant to this Agreement may be accomplished in any manner that the Company or its authorized representatives deem appropriate including, without limitation, electronic registration, book-entry registration or issuance of a stock certificate or certificates in the name of the Recipient. Any stock certificate issued for the Restricted Stock will bear an appropriate legend with respect to the Forfeiture Restrictions applicable to the Restricted Stock. The Company may retain, at its option, the physical custody of any stock certificate representing any Restricted Stock during the restriction period or require that the certificates evidencing Restricted Stock be placed in escrow or trust, along with a stock power endorsed in blank, until all Forfeiture Restrictions are removed or lapse. If the issuance of the Restricted Stock is documented or recorded electronically, the Company and its authorized representatives will ensure that the Recipient is prohibited from selling, assigning, pledging, exchanging, hypothecating or otherwise transferring the Restricted Stock while it is still subject to the Forfeiture Restrictions. 2.2 Upon the lapse of the Forfeiture Restrictions, the Company or, at the Company’s instruction, its authorized representative will release the Restricted Stock with respect to which the Forfeiture Restrictions have lapsed. The lapse of the Forfeiture Restrictions and the release of the Restricted Stock shall be evidenced in any manner that the Company and its authorized representatives deem appropriate under the circumstances. 2.3 At the Company’s request, the Recipient must execute and deliver, as necessary, a blank stock power with respect to the Restricted Stock, and the Company may, as necessary, exercise that stock power in the event of forfeiture of the Restricted Stock pursuant to this Agreement, or as may otherwise be required in order for the Company to withhold the Restricted Stock necessary to satisfy any applicable federal, state and local income and employment tax withholding obligations pursuant to Section 7 of this Agreement.
Appears in 2 contracts
Sources: Restricted Stock Award Agreement (Conns Inc), Restricted Stock Award Agreement (Conns Inc)
Evidence of Ownership. 2.1 Evidence of the issuance Award of the Restricted Stock Shares pursuant to this Agreement may be accomplished in any such manner that as the Company or its authorized representatives shall deem appropriate including, without limitation, electronic registration, book-entry registration or issuance of a stock certificate or certificates in the name of Employee or in the Recipient. Any stock certificate issued for name of such other party or parties as the Restricted Stock will bear an appropriate legend with respect to the Forfeiture Restrictions applicable to the Restricted StockCompany and its authorized representatives shall deem appropriate. The Company may retain, at its option, the physical custody of any stock certificate representing any awards of Restricted Stock Shares during the restriction period or require that the certificates evidencing Restricted Stock Shares be placed in escrow or trust, along with a stock power endorsed in blank, until all Forfeiture Restrictions are removed or lapseexpire. If In the issuance event the Award of the Restricted Stock Shares is documented or recorded electronically, the Company and its authorized representatives will shall ensure that the Recipient Employee is prohibited from selling, assigning, pledging, exchanging, hypothecating or otherwise transferring the Restricted Stock Shares while it is such shares are still subject to the Forfeiture Restrictions.
2.2 . Upon the lapse of the Forfeiture RestrictionsRestrictions pursuant to this Section 3, the Company or, at the Company’s instruction, its authorized representative will shall release the those Restricted Stock Shares with respect to which the Forfeiture Restrictions have lapsed. The lapse of the Forfeiture Restrictions and the release of the Restricted Stock Shares shall be evidenced in any such a manner that as the Company and its authorized representatives deem appropriate under the circumstances.
2.3 . At the Company’s request, the Recipient must Employee shall execute and deliver, as necessary, a blank stock power power, in blank, with respect to the Restricted StockShares, and the Company may, as necessary, exercise that such stock power in the event of the forfeiture of the any Restricted Stock Shares pursuant to this Agreement, or as may otherwise be required in order for the Company to withhold the Restricted Stock Shares necessary to satisfy any applicable federal, state and local income and employment tax withholding obligations pursuant to Section 7 6 of this Agreement.
Appears in 2 contracts
Sources: Restricted Stock Agreement (Sally Beauty Holdings, Inc.), Restricted Stock Agreement (Sally Beauty Holdings, Inc.)
Evidence of Ownership. 2.1 (a) Evidence of the issuance of the Restricted Stock Shares pursuant to this Agreement may be accomplished in any such manner that as the Company or its authorized representatives shall deem appropriate including, without limitation, electronic registration, book-entry registration or issuance of a stock certificate or certificates in the name of the Recipient. Any stock certificate issued for the Restricted Stock will Shares shall bear an appropriate legend with respect to the Forfeiture Restrictions applicable to the such Restricted StockShares. The Company may retain, at its option, the physical custody of any stock certificate representing any Restricted Stock Shares during the restriction period Restriction Period or require that the certificates evidencing Restricted Stock Shares be placed in escrow or trust, along with a stock power endorsed in blank, until all Forfeiture Restrictions are removed or lapse. If In the event the issuance of the Restricted Stock Shares is documented or recorded electronically, the Company and its authorized representatives will shall ensure that the Recipient is prohibited from selling, assigning, pledging, exchanging, hypothecating or otherwise transferring the Restricted Stock Shares while it is such shares are still subject to the Forfeiture Restrictions.
2.2 (b) Upon the lapse of the Forfeiture Restrictions, the Company or, at the Company’s instruction, its authorized representative will shall release the those Restricted Stock Shares with respect to which the Forfeiture Restrictions have lapsed. The lapse of the Forfeiture Restrictions and the release of the Restricted Stock Shares shall be evidenced in any such a manner that as the Company and its authorized representatives deem appropriate under the circumstances.
2.3 (c) At the Company’s request, the Recipient must shall execute and deliver, as necessary, a blank stock power with respect to the Restricted StockShares, and the Company may, as necessary, exercise that such stock power in the event of forfeiture of the Restricted Stock Shares pursuant to this Agreement, or as may otherwise be required in order for the Company to withhold the Restricted Stock Shares necessary to satisfy any applicable federal, state and local income and employment tax withholding obligations pursuant to Section 7 6 of this Agreement.
Appears in 2 contracts
Sources: Restricted Stock Award Agreement (Pioneer Drilling Co), Restricted Stock Award Agreement (Pioneer Drilling Co)
Evidence of Ownership. 2.1 Evidence of the issuance Award of the Restricted Stock Shares pursuant to this Agreement may be accomplished in any such manner that as the Company or its authorized representatives shall deem appropriate including, without limitation, electronic registration, book-entry registration or issuance of a stock certificate or certificates in the name of Employee or in the Recipientname of such other party or parties as the Company and its authorized representatives shall deem appropriate. Any In the event any stock certificate is issued for in respect of the Restricted Stock will Shares, while such shares are still subject to the Forfeiture Restrictions such certificate shall bear an appropriate legend with respect to the Forfeiture Restrictions applicable to the Restricted Stocksuch Award. The Company may retain, at its option, the physical custody of any stock certificate representing any awards of Restricted Stock Shares during the restriction period or require that the certificates evidencing Restricted Stock Shares be placed in escrow or trust, along with a stock power endorsed in blank, until all Forfeiture Restrictions are removed or lapseexpire. If In the issuance event the Award of the Restricted Stock Shares is documented or recorded electronically, the Company and its authorized representatives will shall ensure that the Recipient Employee is prohibited from selling, assigning, pledging, exchanging, hypothecating or otherwise transferring the Restricted Stock Shares while it is such shares are still subject to the Forfeiture Restrictions.
2.2 . Upon the lapse of the Forfeiture RestrictionsRestrictions pursuant to this Section 4, the Company or, at the Company’s instruction, its authorized representative will shall release the those Restricted Stock Shares with respect to which the Forfeiture Restrictions have lapsed. The lapse of the Forfeiture Restrictions and the release of the Restricted Stock Shares shall be evidenced in any such a manner that as the Company and its authorized representatives deem appropriate under the circumstances.
2.3 . At the Company’s request, the Recipient must Employee shall execute and deliver, as necessary, a blank stock power power, in blank, with respect to the Restricted StockShares, and the Company may, as necessary, exercise that such stock power in the event of forfeiture of the Restricted Stock Shares pursuant to this Agreement, or as may otherwise be required in order for the Company to withhold the Restricted Stock Shares necessary to satisfy any Employee’s applicable federal, state and local income and employment tax withholding obligations pursuant to Section 7 of this Agreement.
Appears in 2 contracts
Sources: Restricted Stock Agreement (Hornbeck Offshore Services Inc /La), Restricted Stock Agreement (Hornbeck Offshore Services Inc /La)
Evidence of Ownership. 2.1 Evidence of the issuance Award of the Restricted Stock Shares pursuant to this Agreement may be accomplished in any such manner that as the Company or its authorized representatives shall deem appropriate including, without limitation, electronic registration, book-entry registration or issuance of a stock certificate or certificates in the name of Director or in the Recipientname of such other party or parties as the Company and its authorized representatives shall deem appropriate. Any In the event any stock certificate is issued for in respect of the Restricted Stock will Shares, while such shares are still subject to the Forfeiture Restrictions such certificate shall bear an appropriate legend with respect to the Forfeiture Restrictions applicable to the Restricted Stocksuch Award. The Company may retain, at its option, the physical custody of any stock certificate representing any awards of Restricted Stock Shares during the restriction period or require that the certificates evidencing Restricted Stock Shares be placed in escrow or trust, along with a stock power endorsed in blank, until all Forfeiture Restrictions are removed or lapseexpire. If In the issuance event the Award of the Restricted Stock Shares is documented or recorded electronically, the Company and its authorized representatives will shall ensure that the Recipient Director is prohibited from selling, assigning, pledging, exchanging, hypothecating or otherwise transferring the Restricted Stock Shares while it is such shares are still subject to the Forfeiture Restrictions.
2.2 . Upon the lapse of the Forfeiture RestrictionsRestrictions pursuant to this Section 3, the Company or, at the Company’s instruction, its authorized representative will shall release the those Restricted Stock Shares with respect to which the Forfeiture Restrictions have lapsed. The lapse of the Forfeiture Restrictions and the release of the Restricted Stock Shares shall be evidenced in any such a manner that as the Company and its authorized representatives deem appropriate under the circumstances.
2.3 . At the Company’s request, the Recipient must Director shall execute and deliver, as necessary, a blank stock power power, in blank, with respect to the Restricted StockShares, and the Company may, as necessary, exercise that such stock power in the event of forfeiture of the Restricted Stock Shares pursuant to this Agreement, or as may otherwise be required in order for the Company to withhold the Restricted Stock Shares necessary to satisfy any applicable federal, state and local income and employment tax withholding obligations pursuant to Section 7 6 of this Agreement.
Appears in 1 contract
Sources: Restricted Stock Agreement (Hornbeck Offshore Services Inc /La)
Evidence of Ownership. 2.1 Evidence of the issuance of the Restricted Stock pursuant to this Agreement may be accomplished in any manner that the Company or its authorized representatives deem appropriate including, without limitation, electronic registration, book-entry registration or issuance of a stock certificate or certificates in the name of the Recipient. Any stock certificate issued for the Restricted Stock will bear an appropriate legend with respect to the Forfeiture Restrictions applicable to the Restricted Stock. The Company may retain, at its option, the physical custody of any stock certificate representing any Restricted Stock during the restriction period or require that the certificates evidencing Restricted Stock be placed in escrow or trust, along with a stock power endorsed in blank, until all Forfeiture Restrictions are removed or lapse. If the issuance of the Restricted Stock is documented or recorded electronically, the Company and its authorized representatives will ensure that the Recipient is prohibited from selling, assigning, pledging, exchanging, hypothecating or otherwise transferring the Restricted Stock while it is still subject to the Forfeiture Restrictions.
2.2 Upon the lapse of the Forfeiture Restrictions, the Company or, at the Company’s instruction, its authorized representative will release the Restricted Stock with respect to which the Forfeiture Restrictions have lapsed. The lapse of the Forfeiture Restrictions and the release of the Restricted Stock shall be evidenced in any manner that the Company and its authorized representatives deem appropriate under the circumstances.
2.3 At the Company’s request, the Recipient must execute and deliver, as necessary, a blank stock power with respect to the Restricted Stock, and the Company may, as necessary, exercise that stock power in the event of forfeiture of the Restricted Stock pursuant to this Agreement, or as may otherwise be required in order for the Company to withhold the Restricted Stock necessary to satisfy any applicable federal, state and local income and employment tax withholding obligations pursuant to Section 7 of this Agreement.
Appears in 1 contract
Sources: Restricted Stock Award Agreement (Magnum Hunter Resources Corp)
Evidence of Ownership. 2.1 3.1 Evidence of the issuance of the Restricted Stock pursuant to this Agreement may be accomplished in any manner that the Company or its authorized representatives deem appropriate including, without limitation, electronic registration, book-entry registration or issuance of a stock certificate or certificates in the name of the Recipient. Any stock certificate issued for the Restricted Stock will bear an appropriate legend with respect to the Forfeiture Restrictions applicable to the Restricted Stock. The Company may retain, at its option, the physical custody of any stock certificate representing any Restricted Stock during the restriction period or require that the certificates evidencing Restricted Stock be placed in escrow or trust, along with a stock power endorsed in blank, until all Forfeiture Restrictions are removed or lapse. If the issuance of the Restricted Stock is documented or recorded electronically, the Company and its authorized representatives will ensure that the Recipient is prohibited from selling, assigning, pledging, exchanging, hypothecating or otherwise transferring the Restricted Stock while it is still subject to the Forfeiture Restrictions.
2.2 3.2 Upon the lapse of the Forfeiture Restrictions, the Company or, at the Company’s instruction, its authorized representative will release the Restricted Stock with respect to which the Forfeiture Restrictions have lapsed. The lapse of the Forfeiture Restrictions and the release of the Restricted Stock shall may be evidenced in any manner that the Company and its authorized representatives deem appropriate under the circumstances.
2.3 3.3 At the Company’s request, the Recipient must execute and deliver, as necessary, a blank stock power with respect to the Restricted Stock, and the Company may, as necessary, exercise that stock power in the event of forfeiture of the Restricted Stock pursuant to this Agreement, or as may otherwise be required in order for the Company to withhold the Restricted Stock necessary to satisfy any applicable federal, state and local income and employment tax withholding obligations pursuant to Section 7 9 of this Agreement.
Appears in 1 contract
Sources: Restricted Stock Award Agreement (Magnum Hunter Resources Corp)
Evidence of Ownership. 2.1 Evidence of the issuance Award of the Restricted Stock Shares pursuant to this Agreement may be accomplished in any such manner that as the Company or its authorized representatives shall deem appropriate including, without limitation, electronic registration, book-entry registration or issuance of a stock certificate or certificates in the name of Employee or in the Recipientname of such other party or parties as the Company and its authorized representatives shall deem appropriate. Any In the event any stock certificate is issued for in respect of the Restricted Stock will Shares, while such shares are still subject to the Forfeiture Restrictions such certificate shall bear an appropriate legend with respect to the Forfeiture Restrictions applicable to the Restricted Stocksuch Award. The Company may retain, at its option, the physical custody of any stock certificate representing any awards of Restricted Stock Shares during the restriction period or require that the certificates evidencing Restricted Stock Shares be placed in escrow or trust, along with a stock power endorsed in blank, until all Forfeiture Restrictions are removed or lapseexpire. If In the issuance event the Award of the Restricted Stock Shares is documented or recorded electronically, the Company and its authorized representatives will shall ensure that the Recipient Employee is prohibited from selling, assigning, pledging, exchanging, hypothecating or otherwise transferring the Restricted Stock Shares while it is such shares are still subject to the Forfeiture Restrictions.
2.2 . Upon the lapse of the Forfeiture RestrictionsRestrictions pursuant to this Section 3, the Company or, at the Company’s instruction, its authorized representative will shall release the those Restricted Stock Shares with respect to which the Forfeiture Restrictions have lapsed. The lapse of the Forfeiture Restrictions and the release of the Restricted Stock Shares shall be evidenced in any such a manner that as the Company and its authorized representatives deem appropriate under the circumstances.
2.3 . At the Company’s request, the Recipient must Employee shall execute and deliver, as necessary, a blank stock power power, in blank, with respect to the Restricted StockShares, and the Company may, as necessary, exercise that such stock power in the event of the forfeiture of the any Restricted Stock Shares pursuant to this Agreement, or as may otherwise be required in order for the Company to withhold the Restricted Stock Shares necessary to satisfy any applicable federal, state and local income and employment tax withholding obligations pursuant to Section 7 6 of this Agreement.
Appears in 1 contract
Sources: Restricted Stock Agreement (Rush Enterprises Inc \Tx\)
Evidence of Ownership. 2.1 Evidence of the issuance Award of the Restricted Stock Shares pursuant to this Agreement may be accomplished in any such manner that as the Company or its authorized representatives shall deem appropriate including, without limitation, electronic registration, book-entry registration or issuance of a stock certificate or certificates in the name of Employee or in the Recipient. Any stock certificate issued for name of such other party or parties as the Restricted Stock will bear an appropriate legend with respect to the Forfeiture Restrictions applicable to the Restricted StockCompany and its authorized representatives shall deem appropriate. The Company may retain, at its option, the physical custody of any stock certificate representing any awards of Restricted Stock Shares during the restriction period or require that the certificates evidencing Restricted Stock Shares be placed in escrow or trust, along with a stock power endorsed in blank, until all Forfeiture Restrictions are removed or lapseexpire. If In the issuance event the Award of the Restricted Stock Shares is documented or recorded electronically, the Company and its authorized representatives will shall ensure that the Recipient Employee is prohibited from selling, assigning, pledging, exchanging, hypothecating or otherwise transferring the Restricted Stock Shares while it is such shares are still subject to the Forfeiture Restrictions.
2.2 . Upon the lapse of the Forfeiture RestrictionsRestrictions pursuant to this Section 3, the Company or, at the Company’s 's instruction, its authorized representative will shall release the those Restricted Stock Shares with respect to which the Forfeiture Restrictions have lapsed. The lapse of the Forfeiture Restrictions and the release of the Restricted Stock Shares shall be evidenced in any such a manner that as the Company and its authorized representatives deem appropriate under the circumstances.
2.3 . At the Company’s 's request, the Recipient must Employee shall execute and deliver, as necessary, a blank stock power power, in blank, with respect to the Restricted StockShares, and the Company may, as necessary, exercise that such stock power in the event of the forfeiture of the any Restricted Stock Shares pursuant to this Agreement, or as may otherwise be required in order for the Company to withhold the Restricted Stock Shares necessary to satisfy any applicable federal, state and local income and employment tax withholding obligations pursuant to Section 7 6 of this Agreement.
Appears in 1 contract
Sources: Restricted Stock Agreement (Sally Beauty Holdings, Inc.)