Common use of Issuance Without Certificates Clause in Contracts

Issuance Without Certificates. If the Shares of Stock are issued without certificates, then the Company shall promptly take such action as shall be necessary or appropriate to reflect on the Company’s books and records (and on the books and records of the transfer agent for the Company’s Shares), the Participant’s ownership of the Shares of Stock subject to the terms and conditions of this Agreement.}

Issuance Without Certificates. If the Shares of Stock are issued without certificates, then the Company shall promptly take such action as shall be necessary or appropriate to reflect on the Company’s books and records (and on the books and records of the transfer agent for the Company’s Shares), the Participant’s ownership of the Shares of Stock subject to the terms and conditions of this Agreement.}