Legends and Restrictions. If a share certificate is issued evidencing the Restricted Shares, such certificate shall be registered in the name of the Holder but shall be held in custody by the Company, and such share certificate may contain such legends as may be appropriate to evidence restrictions imposed under applicable state corporation and securities laws, and under the Plan and this Agreement. If a share certificate is not issued evidencing the Restricted Shares but the Restricted Shares are otherwise registered in the Company’s stock transfer records, the Restricted Shares shall be registered in the name of the Holder but the Company shall be authorized to put in place such procedures as will require the above restrictions to be honored by the transfer agent for the Stock.
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Legends and Restrictions. If a share certificate is issued evidencing the Restricted Shares, such certificate shall be registered in the name of the Holder but shall be held in custody by the Company, and such share certificate may contain such legends as may be appropriate to evidence restrictions imposed under applicable state corporation and securities laws, and under the Plan and this Agreement. If a share certificate is not issued evidencing the Restricted Shares but the Restricted Shares are otherwise registered in the Company’s stock transfer records, the Restricted Shares shall be registered in the name of the Holder but the Company shall be authorized to put in place such procedures as will require the above restrictions to be honored by the transfer agent for the Stock.
Appears in 1 contract
Sources: Employment Agreement (Immucor Inc)
Legends and Restrictions. If a share certificate is issued evidencing the Restricted SharesStock, such certificate shall be registered in the name of the Holder Grantee but shall be held in custody by the Company, and such share certificate may contain such legends as may be appropriate to evidence restrictions required by Article 8 of the Plan or as imposed under applicable state corporation and securities laws, and under the Plan and this Agreement. If a share certificate is not issued evidencing the Restricted Shares Stock but the Restricted Shares Stock are otherwise registered in the Company’s stock transfer records, the Restricted Shares Stock shall be registered in the name of the Holder Grantee but the Company shall be authorized to put in place such procedures as will require the above restrictions to be honored by the transfer agent for the Common Stock.
Appears in 1 contract
Sources: Stock Option and Incentive Plan (Aptera Motors Corp)