Common use of Award Subject to Acceptance of Agreement Clause in Contracts

Award Subject to Acceptance of Agreement. The Award shall be null and void unless the Holder (a) accepts this Agreement by executing it in the space provided below and returning such original execution copy to the Company and (b) executes and returns one or more irrevocable stock powers to facilitate the transfer to the Company (or its assignee or nominee) of all or a portion of the shares of Stock subject to the Award if any shares of Stock are forfeited pursuant to Section 4 or if required under applicable laws or regulations. As soon as practicable after the Holder has executed such documents and returned them to the Company, the Company shall cause to be issued in the Holder’s name the total number of shares of Stock subject to the Award.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement, Restricted Stock Award Agreement (Cobra Electronics Corp), Restricted Stock Award Agreement (Thermon Holding Corp.)

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Award Subject to Acceptance of Agreement. The Award shall be null and void unless the Holder shall (a) accepts accept this Agreement by executing it in the space provided below and returning such original execution copy it to the Company and (b) executes execute and returns return one or more irrevocable stock powers to facilitate the transfer to the Company (or its assignee or nominee) of all or a portion of the shares of Stock subject to the Award Award, if any shares of Stock are forfeited pursuant to Section Paragraph 4 hereof or if required under applicable laws or regulations. As soon as practicable after the Holder has executed this Agreement and such documents stock power or powers and returned them the same to the Company, the Company shall cause to be issued in the Holder’s 's name a stock certificate or certificates representing the total number of shares of Common Stock subject to the Award.

Appears in 1 contract

Samples: Bell Sports Corp

Award Subject to Acceptance of Agreement. The Award shall be null and void unless the Holder (a) accepts this Agreement by executing it in the space provided below and returning such original execution copy to the Company and (b) executes and returns one or more irrevocable stock powers to facilitate the transfer to the Company (or its assignee or nominee) of all or a portion of the shares of Common Stock subject to the Award if any shares of Common Stock are forfeited pursuant to Section 4 or if required under applicable laws or regulations. As soon as practicable after the Holder has executed such documents and returned them to the Company, the Company shall cause to be issued in the Holder’s name the total number of shares of Common Stock subject to the Award.

Appears in 1 contract

Samples: 2013 Long Term Incentive Plan (Aviv Reit, Inc.)

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Award Subject to Acceptance of Agreement. The Award shall be become null and void unless the Holder shall (a) accepts accept this Agreement in accordance with procedures established by executing it in the space provided below and returning such original execution copy to the Company and (b) executes if requested by the Company, execute and returns return one or more irrevocable stock powers to facilitate the transfer to the Company (or its assignee or nominee) of all or a portion of the shares of Stock subject to the Award Award, if any shares of Stock are forfeited pursuant to Section 4 hereof or if required under applicable laws or regulations. As soon as practicable after the Holder has accepted this Agreement and executed such documents stock power or powers and returned them the same to the Company, the Company shall cause to be issued in the Holder’s name the total number of shares of Stock subject to the Award.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (CDW Corp)

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