Common use of Beneficial Ownership of Shares; Certificate Registration Clause in Contracts

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares acquired by the Participant pursuant to the exercise of the Option. Except as provided by the preceding sentence, a certificate for the shares as to which the Option is exercised shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 86 contracts

Samples: Option Agreement (Qt Imaging Holdings, Inc.), Option Agreement (AEye, Inc.), Stock Option Agreement (Halozyme Therapeutics, Inc.)

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Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit any or all shares acquired by the Participant pursuant to the settlement of the Award with the Company’s transfer agent, including any successor transfer agent, to be held in book entry form, or to deposit such shares for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares acquired by the Participant pursuant to the exercise of the Optionnotice. Except as provided by the preceding sentenceforegoing, a certificate for the shares as to which acquired by the Option is exercised Participant shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 71 contracts

Samples: Performance Units Agreement (On24 Inc.), Restricted Stock Units Agreement (MAGNACHIP SEMICONDUCTOR Corp), Restricted Stock Units Agreement (MAGNACHIP SEMICONDUCTOR Corp)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares acquired by the Participant pursuant to the exercise settlement of the OptionAward. Except as provided by the preceding sentence, a certificate for the shares as to which the Option Award is exercised settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 23 contracts

Samples: Deferred Stock Unit Agreement (Western Alliance Bancorporation), Performance Stock Unit Agreement (Western Alliance Bancorporation), Restricted Share Units Agreement (Hain Celestial Group Inc)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any the broker designated by the Company with which the Participant has an account relationship of which the Company has notice account, any or all shares acquired by the Participant pursuant to the exercise of the Option. Except as provided by the preceding sentence, a certificate for the shares as to which the Option is exercised shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 8 contracts

Samples: Non Statutory Stock Option Agreement (Jamba, Inc.), Stock Option Agreement (Jamba, Inc.), Stock Option Agreement (Cytori Therapeutics, Inc.)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any the broker designated by the Company with which the Participant has an account relationship of which the Company has notice account, any or all shares of Stock acquired by the Participant pursuant to the exercise settlement of the OptionAward. Except as provided by the preceding sentence, a certificate for the shares of Stock as to which the Option Award is exercised settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (Jamba, Inc.), Restricted Stock Unit Agreement (Jamba, Inc.), Restricted Stock Units Agreement (Jamba, Inc.)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares acquired by the Participant pursuant to the exercise settlement of the OptionAward. Except as provided by the preceding sentence, a certificate for the shares as to which settled under the Option is exercised Award shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 8 contracts

Samples: Restricted Stock Units Agreement (E Trade Financial Corp), Restricted Stock Units Agreement (E Trade Financial Corp), Restricted Stock Units Agreement (E Trade Financial Corp)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares Shares acquired by the Participant pursuant to the exercise settlement of the OptionAward. Except as provided by the preceding sentence, a certificate for the shares Shares as to which the Option Award is exercised settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 6 contracts

Samples: Restricted Stock Units Agreement (Marchex Inc), Restricted Stock Units Agreement (Rubios Restaurants Inc), Restricted Stock Units Agreement (Jamba, Inc.)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with a Company-designated brokerage firm or, at the Company’s discretion, any other broker with which the Participant has an account relationship of which the Company has notice any or all shares Shares acquired by the Participant pursuant to the exercise settlement of the OptionAward. Except as provided by the preceding sentence, a certificate for the shares Shares as to which the Option Award is exercised settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 6 contracts

Samples: Global Psu Award Agreement (Silicon Laboratories Inc.), Award Agreement (Silicon Laboratories Inc), Global Psu Award Agreement (Silicon Laboratories Inc)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit deposit, for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice notice, any or all shares acquired by the Participant pursuant to the exercise settlement of the OptionRSUs. Except as provided by the preceding sentence, a certificate for the shares as to which received upon settlement of the Option is exercised RSUs shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 6 contracts

Samples: Non Employee Director Restricted Stock Unit Agreement (ONESPAWORLD HOLDINGS LTD), Restricted Stock Unit Agreement (ONESPAWORLD HOLDINGS LTD), Restricted Stock Unit Agreement (ONESPAWORLD HOLDINGS LTD)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares Shares acquired by the Participant pursuant to the exercise of the Option. Except as provided by the preceding sentence, a certificate for the shares Shares as to which the Option is exercised shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 5 contracts

Samples: Stock Option Award Agreement (Immersion Corp), Option Agreement (Everi Holdings Inc.), Share Option Agreement (Isola Group Ltd.)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit deposit, for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice notice, any or all shares acquired by the Participant pursuant to the exercise settlement of the OptionPSUs. Except as provided by the preceding sentence, a certificate for the shares as to which received upon settlement of the Option is exercised PSUs shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 5 contracts

Samples: Performance Stock Unit Agreement (ONESPAWORLD HOLDINGS LTD), Performance Stock Unit Agreement (ONESPAWORLD HOLDINGS LTD), Performance Stock Unit Agreement (ONESPAWORLD HOLDINGS LTD)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with a Company-designated brokerage firm or, at the Company’s discretion, any other broker with which the Participant has an account relationship of which the Company has notice notice, any or all shares Shares acquired by the Participant pursuant to the exercise settlement of the OptionAward. Except as provided by the preceding sentence, a certificate for the shares Shares as to which the Option Award is exercised settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 5 contracts

Samples: Restricted Stock Units Award Agreement (Universal Health Services Inc), Restricted Stock Units Award Agreement (Universal Health Services Inc), Stock Units Award Agreement

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares acquired by the Participant pursuant to the exercise settlement of the Option. Except as provided by Award with the preceding sentence, a certificate for the shares as to which the Option is exercised shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the ParticipantCompany’s designated broker.

Appears in 3 contracts

Samples: Restricted Stock Units Agreement (LDR Holding Corp), Restricted Stock Units Agreement (LDR Holding Corp), Restricted Stock Units Agreement (LDR Holding Corp)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice notice, any or all shares Shares acquired by the Participant pursuant to the exercise settlement of the OptionAward. Except as provided by the preceding sentence, a certificate or book entry for the shares Shares as to which the Option Award is exercised settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (TherapeuticsMD, Inc.), Restricted Stock Unit Agreement (TherapeuticsMD, Inc.), Employment Agreement (TherapeuticsMD, Inc.)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any a Company-designated broker with which the Participant has an account relationship of which the Company has notice any or all shares acquired by the Participant pursuant to the exercise of the Option. Except as provided by the preceding sentence, a certificate for the shares as to which the Option is exercised shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 2 contracts

Samples: Stock Option Agreement (LDR Holding Corp), Stock Option Agreement (LDR Holding Corp)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any the broker designated by the Company with which the Participant has an account relationship of which the Company has notice account, any or all shares Shares acquired by the Participant pursuant to the exercise of the Option. Except as provided by the preceding sentence, a certificate for the shares Shares as to which the Option is exercised shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 2 contracts

Samples: Stock Option Agreement (Dts, Inc.), Stock Option Agreement (Dts, Inc.)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with a Company-designated brokerage firm or, at the Company’s discretion, any other broker with which the Participant has an account relationship of which the Company has notice any or all shares Shares acquired by the Participant pursuant to the exercise settlement of the OptionAward. Except as provided by the preceding sentence, a certificate for the shares Shares as to which the Option Award is exercised settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant’s Heirs.

Appears in 2 contracts

Samples: Award Agreement (Silicon Laboratories Inc), Award Agreement (Silicon Laboratories Inc)

Beneficial Ownership of Shares; Certificate Registration. The Participant You hereby authorizes the Company, in its sole discretion, to deposit for the your benefit of the Participant with any broker with which the Participant has you have an account relationship of which the Company has notice any or all shares acquired by the Participant you pursuant to the exercise of the Option. Except as provided by the preceding sentence, a certificate for the shares as to which the Option is exercised shall be registered in the name of the Participantyour name, or, if applicable, in the names of the heirs of the Participantyour heirs.

Appears in 2 contracts

Samples: Employee Stock Option Agreement (Halozyme Therapeutics, Inc.), Director Stock Option Agreement (Halozyme Therapeutics, Inc.)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit Shares with the Company’s transfer agent, including any successor transfer agent, to be held in book entry form during the term of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares acquired by the Participant Escrow pursuant to the exercise of the OptionSection 6. Except as provided by the preceding sentence, a certificate for the shares as to which the Option is exercised Shares shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 2 contracts

Samples: Restricted Stock Agreement (E TRADE FINANCIAL Corp), Restricted Stock Agreement (Inphonic Inc)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any the broker designated by the Company with which the Participant has an account relationship of which the Company has notice account, any or all shares Shares acquired by the Participant pursuant to the exercise settlement of the OptionAward. Except as provided by the preceding sentence, a certificate for the shares Shares as to which the Option Award is exercised settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 2 contracts

Samples: Restricted Share Units Agreement (Dts, Inc.), Restricted Share Units Agreement (Dts, Inc.)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares acquired by the Participant pursuant to the exercise of the Option. Except as provided by the preceding sentence, a certificate for the shares as to which the Option is exercised shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 2 contracts

Samples: Inducement Stock Option Agreement (PDL Biopharma, Inc.), Stock Option Agreement (PDL Biopharma, Inc.)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit any or all Shares acquired by the Participant pursuant to the settlement of the Award with the Company’s transfer agent, including any successor transfer agent, to be held in book entry form, or to deposit such Shares for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares acquired by the Participant pursuant to the exercise of the Optionnotice. Except as provided by the preceding sentenceforegoing, a certificate for the shares as to which Shares acquired by the Option is exercised Participant shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 2 contracts

Samples: Stock Units Agreement (SmartRent, Inc.), Restricted Stock Units Agreement (Terran Orbital Corp)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares Shares acquired by the Participant pursuant to the exercise vesting of the OptionRestricted Stock Award. Except as provided by the preceding sentence, a certificate for the shares Shares as to which the Option is exercised Restricted Stock Award has vested shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 2 contracts

Samples: Immersion Corporation 2011 Equity Incentive Plan Restricted Stock Agreement (Immersion Corp), Restricted Stock Agreement (Immersion Corp)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any a broker selected by the Company and with which the Participant has an account relationship of which the Company has notice any or all shares Shares acquired by the Participant pursuant to the exercise settlement of the OptionVested RSUs. Except as provided by the preceding sentence, a certificate for the shares Shares as to which the Option Award is exercised settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 1 contract

Samples: Stock Option Agreement (Silicon Image Inc)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares Shares acquired by the Participant pursuant to the exercise settlement of the OptionPSUs. Except as provided by the preceding sentence, a certificate for the shares Shares as to which the Option is exercised PSUs are settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 1 contract

Samples: Award Agreement (Immersion Corp)

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Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares acquired by the Participant pursuant to the exercise of the Option. Except as provided by the preceding sentence, a certificate for the shares Shares as to which the Option is exercised shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 1 contract

Samples: Option Agreement (WSFS Financial Corp)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit any or all shares acquired by the Participant pursuant to the exercise of the Option with the Company’s transfer agent, including any successor transfer agent, to be held in book entry form, or to deposit such shares for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares acquired by the Participant pursuant to the exercise of the Optionnotice. Except as provided by the preceding sentence, a certificate for the shares as to for which the Option is exercised shall will be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 1 contract

Samples: Stock Option Agreement (Alpha Teknova, Inc.)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with a Company-designated brokerage firm or, at the Company’s discretion, any other broker with which the Participant has an account relationship of which the Company has notice notice, any or all shares Restricted Shares acquired by the Participant pursuant to the exercise of the OptionAward. Except as provided by the preceding sentence, a certificate for the shares Shares as to which the Option Award is exercised settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Universal Health Services Inc)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for issue or cause to be issued the benefit shares of Stock acquired pursuant to an Award to the Participant by means of one or more of the Participant with any broker with which the Participant has an account relationship following: (a) by entry of which the Company has notice any or all shares acquired by the Participant pursuant to the exercise of the Option. Except as provided by the preceding sentence, a certificate for the shares as to which the Option is exercised shall be registered in the name of the Participant, or, if applicable, Participant in the names share register of the heirs Company as the holder of the Participantsuch shares of Stock, or (b) by any other means permitted by applicable law or regulation.

Appears in 1 contract

Samples: Stock Option Agreement (AMCI Acquisition Corp. II)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for issue or cause to be issued the benefit shares of Stock acquired pursuant to an Award to the Participant by means of one or more of the Participant with any broker with which the Participant has an account relationship following: (a) by entry of which the Company has notice any or all shares acquired by the Participant pursuant to the exercise of the Option. Except as provided by the preceding sentence, a certificate for the shares as to which the Option is exercised shall be registered in the name of the Participant, or, if applicable, Participant in the names share register of the heirs Company as the ​ holder of the Participantsuch shares of Stock, or (b) by any other means permitted by applicable law or regulation.

Appears in 1 contract

Samples: Stock Option Agreement (AMCI Acquisition Corp. II)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the CompanyCorporation, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company Corporation has notice any or all shares acquired by the Participant pursuant to the exercise settlement of the OptionAward. Except as provided by the preceding sentence, a certificate for the shares as to which the Option Award is exercised settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Silicon Laboratories Inc)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with a Company-designated brokerage firm or, at the Company’s discretion, any other broker with which the Participant has an account relationship of which the Company has notice any or all shares Shares acquired by the Participant pursuant to the exercise settlement of the OptionAward. Except as provided by the preceding sentence, a certificate for the shares Shares as to which the Option Award is exercised settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant’s heirs.

Appears in 1 contract

Samples: Nonqualified Stock Option Letter Agreement (Infospace Inc)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with a Company-designated brokerage firm or, at the Company's discretion, any other broker with which the Participant has an account relationship of which the Company has notice any or all shares Shares acquired by the Participant pursuant to the exercise settlement of the OptionAward. Except as provided by the preceding sentence, a certificate for the shares Shares as to which the Option Award is exercised settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 1 contract

Samples: Global Psu Award Agreement (Silicon Laboratories Inc)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares Shares acquired by the Participant pursuant to the exercise vesting of the OptionPerformance Shares. Except as provided by the preceding sentence, a certificate for the shares Shares as to which the Option is exercised Performance Shares are vested shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 1 contract

Samples: Immersion Corp

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit any or all shares acquired by the Participant pursuant to the settlement of the Award with the Company's transfer agent, including any successor transfer agent, to be held in book entry form, or to deposit such shares for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares acquired by the Participant pursuant to the exercise of the Optionnotice. Except as provided by the preceding sentenceforegoing, a certificate for the shares as to which acquired by the Option is exercised Participant shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Zeltiq Aesthetics Inc)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares Shares acquired by the Participant pursuant to the exercise settlement of the OptionRSUs. Except as provided by the preceding sentence, a certificate for the shares Shares as to which the Option is exercised RSUs are settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 1 contract

Samples: Award Agreement (Immersion Corp)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares acquired by the Participant pursuant to the exercise settlement of the OptionVested Units. Except as provided by the preceding sentence, a certificate for the shares of Stock as to which the Option Award is exercised settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (PROS Holdings, Inc.)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with a Company-designated brokerage firm or, at the Company’s discretion, any other broker with which the Participant has an account relationship of which the Company has notice any or all shares acquired by the Participant pursuant to the exercise settlement of the OptionAward. Except as provided by the preceding sentence, a certificate for the shares as to which the Option Award is exercised settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant’s Heirs.

Appears in 1 contract

Samples: Award Agreement (PROS Holdings, Inc.)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares of stock acquired by the Participant pursuant to the exercise settlement of the OptionAward. Except as provided by the preceding sentence, a certificate for the shares as to which the Option Award is exercised settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Globalstar, Inc.)

Beneficial Ownership of Shares; Certificate Registration. The Participant hereby authorizes the Company, in its sole discretion, to deposit for the benefit of the Participant with any broker with which the Participant has an account relationship of which the Company has notice any or all shares acquired by the Participant pursuant to the exercise of the Option. Except as provided by the preceding sentence, a certificate or direct registration statement (DRS) for the shares as to which the Option is exercised shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant.

Appears in 1 contract

Samples: Stock Option Agreement (Quipt Home Medical Corp.)

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