Common use of Book-Entry Certificates Clause in Contracts

Book-Entry Certificates. The Company shall recognize the Participant’s ownership through uncertificated book entry. If elected by the Company, certificates evidencing the Common Stock granted hereunder may be issued by the Company and any such certificates shall be registered in the Participant’s name on the stock transfer books of the Company promptly after the date hereof, but shall remain in the physical custody of the Company or its designee at all times prior to the later of (x) the vesting of the Award pursuant to this Agreement and (y) the expiration of any transfer restrictions set forth in this Agreement or otherwise applicable to the Common Stock subject to the Award. As soon as practicable following such time, any certificates for the Common Stock subject to the Award shall be issued to the Participant or to the Participant’s legal guardian or representative along with the stock powers relating thereto. No certificates shall be issued for fractional shares. To the extent required by the Company, the Participant shall deliver to the Company a stock power, duly endorsed in blank, relating to any portion of the Award that has not previously vested. However, the Company shall not be liable to the Participant for damages relating to any delays in issuing the certificates (if any) to the Participant, any loss by the Participant of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves.

Appears in 8 contracts

Samples: Restricted Stock Award Agreement (Blackstone Mortgage Trust, Inc.), Restricted Stock Award Agreement (Blackstone Mortgage Trust, Inc.), Restricted Stock Award Agreement (Blackstone Mortgage Trust, Inc.)

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Book-Entry Certificates. The Company shall recognize the Participant’s ownership of Shares through uncertificated book entry. If elected by the Company, certificates evidencing the Common Stock granted hereunder Shares may be issued by the Company and any such certificates shall be registered in the Participant’s name on the stock transfer books of the Company promptly after the date hereof, but shall remain in the physical custody of the Company or its designee at all times prior to the later of (x) the vesting of the Award Unvested Restricted Shares pursuant to this Agreement and (y) the expiration of any transfer restrictions set forth in this Agreement or otherwise applicable to the Common Stock subject to the AwardShares. As soon as practicable following such time, any certificates for the Common Stock subject to the Award Shares shall be issued delivered to the Participant or to the Participant’s legal guardian or representative along with the stock powers relating thereto. No certificates shall be issued for fractional sharesShares. To the extent required by the Company, the Participant shall deliver to the Company a stock power, duly endorsed in blank, relating to any portion of the Award Shares that has have not previously vested. However, the Company shall not be liable to the Participant for damages relating to any delays in issuing the certificates (if any) to the Participant, any loss by the Participant of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves.

Appears in 7 contracts

Samples: Restricted Stock Grant Agreement (Invitation Homes Inc.), Restricted Stock Grant Agreement (Invitation Homes Inc.), Restricted Stock Grant Agreement (Hilton Worldwide Holdings Inc.)

Book-Entry Certificates. The Company shall recognize the Participant’s ownership through uncertificated book entry. If elected by the Company, certificates evidencing the Common Stock granted hereunder Shares may be issued by the Company and any such certificates shall be registered in the Participant’s name on the stock transfer books of the Company promptly after the date hereof, but shall remain in the physical custody of the Company or its designee at all times prior to the later of (x) the vesting of the Award Restricted Shares pursuant to this Agreement and (y) the expiration of any transfer restrictions set forth in this Agreement or otherwise applicable to the Common Stock subject to the AwardShares. As soon as practicable following such time, any certificates for the Common Stock subject to the Award Shares shall be issued delivered to the Participant or to the Participant’s legal guardian or representative along with the stock powers relating thereto. No certificates shall be issued for fractional sharesShares. To the extent required by the Company, the Participant shall deliver to the Company a stock power, duly endorsed in blank, relating to any portion of the Award Restricted Shares that has have not previously vested. However, the Company shall not be liable to the Participant for damages relating to any delays in issuing the certificates (if any) to the Participant, any loss by the Participant of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves.

Appears in 5 contracts

Samples: Restricted Stock Award Agreement (SeaWorld Entertainment, Inc.), Restricted Stock Award Agreement (SeaWorld Entertainment, Inc.), Restricted Stock Award Agreement (SeaWorld Entertainment, Inc.)

Book-Entry Certificates. The Company shall recognize the Participant’s ownership of Shares through uncertificated book entry. If elected by the Company, certificates evidencing the Common Stock granted hereunder Shares may be issued by the Company and any such certificates shall be registered in the Participant’s name on the stock transfer books of the Company promptly after the date hereof, but shall remain in the physical custody of the Company or its designee at all times prior to the later of (x) the vesting of the Award unvested Restricted Shares pursuant to this Agreement and (y) the expiration of any transfer restrictions set forth in this Agreement or otherwise applicable to the Common Stock subject to the AwardShares. As soon as practicable following such time, any certificates for the Common Stock subject to the Award Shares shall be issued delivered to the Participant or to the Participant’s legal guardian or representative along with the stock powers relating thereto. No certificates shall be issued for fractional sharesShares. To the extent required by the Company, the Participant shall deliver to the Company a stock power, duly endorsed in blank, relating to any portion of the Award Shares that has have not previously vested. However, the Company shall not be liable to the Participant for damages relating to any delays in issuing the certificates (if any) to the Participant, any loss by the Participant of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves.

Appears in 4 contracts

Samples: Director Restricted Stock Award Agreement (Franklin BSP Realty Trust, Inc.), Director Restricted Stock Award Agreement (Brixmor Operating Partnership LP), Director Restricted Stock Award Agreement

Book-Entry Certificates. The Company shall recognize the Participant’s ownership of Shares through uncertificated book entry. If elected by the Company, certificates evidencing the Common Stock granted hereunder Shares may be issued by the Company and any such certificates shall be registered in the Participant’s name on the stock transfer books of the Company promptly after the date hereof, but shall remain in the physical custody of the Company or its designee at all times prior to the later of (xa) the vesting of the Award Restricted Shares pursuant to this Agreement and (yb) the expiration of any transfer restrictions set forth in this Agreement or otherwise applicable to the Common Stock subject to the AwardShares. As soon as practicable following such time, any certificates for the Common Stock subject to the Award Shares shall be issued delivered to the Participant or to the Participant’s legal guardian or representative along with the stock powers relating thereto. No certificates shall be issued for fractional sharesShares. To the extent required by the Company, the Participant shall deliver to the Company a stock power, duly endorsed in blank, relating to any portion of the Award Shares that has have not previously vested. However, the Company shall not be liable to the Participant for damages relating to any delays in issuing the certificates (if any) to the Participant, any loss by the Participant of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves.

Appears in 3 contracts

Samples: Replacement 2.5x Restricted Stock Grant (Change Healthcare Inc.), Restricted Stock Grant Agreement (Change Healthcare Inc.), Replacement 2.5x Restricted Stock Grant (Change Healthcare Inc.)

Book-Entry Certificates. The Company shall recognize the Participant’s ownership of Shares through uncertificated book entry. If elected by the Company, certificates evidencing the Common Stock granted hereunder Shares may be issued by the Company Company, and any such certificates shall be registered in the Participant’s name on the stock transfer books of the Company promptly after the date hereof, hereof but shall remain in the physical custody of the Company or its designee at all times prior to the later of (x) the vesting of the Award unvested Restricted Shares pursuant to this Agreement and (y) the expiration of any transfer restrictions set forth in this Agreement or otherwise applicable to the Common Stock subject to the AwardShares. As soon as practicable following such time, any certificates for the Common Stock subject to the Award Shares shall be issued delivered to the Participant or to the Participant’s legal guardian or representative along with the stock powers relating thereto. No certificates shall be issued for fractional sharesShares. To the extent required by the Company, the Participant shall deliver to the Company a stock power, duly endorsed in blank, relating to any portion of the Award Shares that has have not previously vested. However, the Company shall not be liable to the Participant for damages relating to any delays in issuing the certificates (if any) to the Participant, any loss by the Participant of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves.

Appears in 2 contracts

Samples: Employment Agreement (Brixmor Operating Partnership LP), Employment Agreement (Brixmor Operating Partnership LP)

Book-Entry Certificates. The Company shall recognize the ParticipantHolder’s ownership through uncertificated book entry. If elected by the Company, certificates evidencing the Common Stock granted hereunder may be issued by the Company Company, and any such certificates shall be registered in the ParticipantHolder’s name on the stock transfer books of the Company promptly after the date hereof, but shall remain in the physical custody of the Company or its designee at all times prior to the later of (xa) the vesting of the Award pursuant to this Agreement and (yb) the expiration of any transfer restrictions set forth in this Agreement or otherwise applicable to the Common Stock subject to the Award. As soon as practicable following such time, any certificates for the Common Stock subject to the Award shall be issued to the Participant Holder or to the ParticipantHolder’s legal guardian or representative representative, along with the stock powers relating thereto. No certificates shall be issued for fractional shares. To the extent required by the Company, the Participant Holder shall deliver to the Company a stock power, duly endorsed in blank, relating to any portion of the Award that has not previously vested. However, the Company shall not be liable to the Participant Holder for damages relating to any delays in issuing the certificates (if any) to the ParticipantHolder, any loss by the Participant Holder of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (TPG RE Finance Trust, Inc.)

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Book-Entry Certificates. The Company shall recognize the Participant’s ownership through uncertificated book entry. If elected by the Company, certificates evidencing the Common Stock granted hereunder Shares may be issued by the Company and any such certificates shall be registered in the Participant’s name on the stock transfer books of the Company promptly after the date hereof, but shall remain in the physical custody of the Company or its designee at all times prior to the later of (x) the vesting of the Award Unvested Restricted Shares pursuant to this Agreement Grant and (y) the expiration of any transfer restrictions set forth in this Agreement Grant or otherwise applicable to the Common Stock subject to the AwardShares. As soon as practicable following such time, any certificates for the Common Stock subject to the Award Shares shall be issued delivered to the Participant or to the Participant’s legal guardian or representative along with the stock powers relating thereto. No certificates shall be issued for fractional sharesShares. To the extent required by the Company, the Participant shall deliver to the Company a stock power, duly endorsed in blank, relating to any portion of the Award Shares that has have not previously vested. However, the Company shall not be liable to the Participant for damages relating to any delays in issuing the certificates (if any) to the Participant, any loss by the Participant of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves.

Appears in 1 contract

Samples: Restricted Stock Grant (SeaWorld Entertainment, Inc.)

Book-Entry Certificates. The Company shall recognize the Participant’s ownership of LP Units through uncertificated book entry. If elected by the Company, certificates evidencing the Common Stock granted hereunder LP Units may be issued by the Company and any such certificates shall be registered in the Participant’s name on the stock transfer books of the Company promptly after the date hereof, but shall remain in the physical custody of the Company or its designee at all times prior to the later of (x) the vesting of the Award Unvested LP Units pursuant to this Agreement and (y) the expiration of any transfer restrictions set forth in this Agreement or otherwise applicable to the Common Stock subject to the AwardLP Units. As soon as practicable following such time, any certificates for the Common Stock subject to the Award LP Units shall be issued delivered to the Participant or to the Participant’s legal guardian or representative along with the stock powers relating thereto. No certificates shall be issued for fractional sharesLP Units. To the extent required by the Company, the Participant shall deliver to the Company a stock power, duly endorsed in blank, relating to any portion of the Award LP Units that has have not previously vested. However, the Company shall not be liable to the Participant for damages relating to any delays in issuing the certificates (if any) to the Participant, any loss by the Participant of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves.

Appears in 1 contract

Samples: Restricted Lp Unit Agreement (Summit Materials, Inc.)

Book-Entry Certificates. The Company shall recognize the Participant’s ownership through uncertificated book entry. If elected by the Company, certificates evidencing the Common Stock Shares granted hereunder may be issued by the Company and any such certificates shall be registered in the Participant’s name on the stock transfer books of the Company promptly after the date hereof, but shall remain in the physical custody of the Company or its designee at all times prior to the later of (x) the vesting of the Award shares of Restricted Stock pursuant to this Agreement and (y) the expiration of any transfer restrictions set forth in this Agreement, the Stockholder’s Agreement or that may otherwise be applicable to the Common Stock subject to the AwardShares. As soon as practicable following such time, any certificates for the Common Stock subject to the Award Shares shall be issued to the Participant or to the Participant’s legal guardian or representative along with the stock powers relating thereto. No certificates shall be issued for fractional shares. To the extent required by the Company, the Participant shall deliver to the Company a stock power, duly endorsed in blank, relating to any portion shares of the Award Restricted Stock that has not previously vested. However, the Company shall not be liable to the Participant for damages relating to any delays in issuing the certificates (if any) to the Participant, any loss by the Participant of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (National Vision Holdings, Inc.)

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