Common use of Book Entry Account Clause in Contracts

Book Entry Account. The Company shall establish (or shall instruct its transfer agent or stock plan administrator to establish) a book entry account representing the Performance Units at target in your name effective as of the Grant Date, provided that the Company shall retain control of the Performance Units in such account until the Performance Units have become vested in accordance with this Agreement and shares of Common Stock have been issued, if any, in settlement of the Performance Units.

Appears in 6 contracts

Samples: Performance Unit Award Agreement (Dril-Quip Inc), Performance Unit Award Agreement (Dril-Quip Inc), Performance Unit Award Agreement (Dril-Quip Inc)

AutoNDA by SimpleDocs

Book Entry Account. The Company shall establish (or shall instruct its transfer agent or stock plan administrator to establish) a book entry account representing the Performance Units at target At Target in your name effective as of the Grant Date, provided that the Company shall retain control of the Performance Units in such account until the Performance Units have become vested in accordance with this Agreement and shares of Common Stock have been issued, if any, in settlement of the Performance Units.

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Global Geophysical Services Inc), Performance Unit Award Agreement (Global Geophysical Services Inc)

Book Entry Account. The Company shall establish (or shall instruct its transfer agent or stock plan administrator to establish) a book entry account representing the Performance Share Units at target Target in your the Grantee’s name effective as of the Grant Date, provided provided, however, that the Company shall retain control of the Performance Share Units in such account until the Performance Share Units have become vested in accordance with this Agreement Award and shares of Common Stock have been issued, if any, in settlement of the Performance Share Units.

Appears in 1 contract

Samples: Performance Share Unit Award Agreement (Jones Energy, Inc.)

AutoNDA by SimpleDocs

Book Entry Account. The Company shall establish (or shall instruct its transfer agent or stock plan administrator to establish) a book entry account representing the Performance Units at target Target in your the Grantee’s name effective as of the Grant Date, provided provided, however, that the Company shall retain control of the Performance Units in such account until the Performance Units have become vested in accordance with this Agreement Award and shares of Common Stock have been issued, if any, in settlement of the Performance Units.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Jones Energy, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!