Common use of Awards and Certificates Clause in Contracts

Awards and Certificates. (1) Except as otherwise provided in Section 9(b)(3) hereof, (i) each Participant who is granted an Award of Restricted Stock may, in the Company’s sole discretion, be issued a stock certificate in respect of such Restricted Stock; and (ii) any such certificate so issued shall be registered in the name of the Participant, and shall bear an appropriate legend referring to the terms, conditions, and restrictions applicable to any such Award. The Company may require that the stock certificates, if any, evidencing Restricted Stock granted hereunder be held in the custody of the Company until the restrictions thereon shall have lapsed, and that, as a condition of any award of Restricted Stock, the Participant shall have delivered a stock transfer form, endorsed in blank, relating to the Shares covered by such award. Certificates for shares of unrestricted Common Stock may, in the Company’s sole discretion, be delivered to the Participant only after the Restricted Period has expired without forfeiture in respect of such Restricted Stock.

Appears in 3 contracts

Samples: Master Services Agreement (Zanite Acquisition Corp.), Agreement and Plan of Merger (B. Riley Principal 150 Merger Corp.), Business Combination Agreement (FinTech Acquisition Corp. IV)

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Awards and Certificates. (1) Except as otherwise provided below in Section 9(b)(39(c) hereof, (i) each Participant who is granted an Award award of Restricted Stock Shares may, in the Company’s sole discretion, be issued a stock share certificate in respect of such Restricted StockShares; and (ii) any such certificate so issued shall be registered in the name of the Participant, and shall bear an appropriate legend referring to the terms, conditions, and restrictions applicable to any such Award. The Company may require that the stock share certificates, if any, evidencing Restricted Stock granted hereunder Shares be held in the custody of the Company until the restrictions thereon shall have lapsed, and that, as a condition of any award of Restricted StockShares, the Participant shall have delivered a stock share transfer form, endorsed in blank, relating to the Shares covered by such award. Certificates for shares of unrestricted Common Stock Shares may, in the Company’s sole discretion, be delivered to the Participant only after the Restricted Period has expired without forfeiture in respect of such Restricted StockShares.

Appears in 2 contracts

Samples: DENTSPLY SIRONA Inc., Dentsply International Inc /De/

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Awards and Certificates. (1) Except as otherwise provided in Section 9(b)(3) hereof, (i) each Participant who is granted an Award of Restricted Stock Share may, in the Company’s sole discretion, be issued a stock Share certificate in respect of such Restricted StockShare; and (ii) any such certificate so issued shall be registered in the name of the Participant, and shall bear an appropriate legend referring to the terms, conditions, and restrictions applicable to any such Award. The Company may require that the stock Share certificates, if any, evidencing Restricted Stock Share granted hereunder be held in the custody of the Company until the restrictions thereon shall have lapsed, and that, as a condition of any award of Restricted StockShare, the Participant shall have delivered a stock Share transfer form, endorsed in blank, relating to the Shares covered by such award. Certificates for shares of unrestricted Common Stock Ordinary Shares may, in the Company’s sole discretion, be delivered to the Participant only after the Restricted Period has expired without forfeiture in respect of such Restricted StockShare.

Appears in 1 contract

Samples: Agreement and Plan of Merger (EJF Acquisition Corp.)

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