Common use of Certificates; Book-Entry Clause in Contracts

Certificates; Book-Entry. A certificate or certificates representing Performance Shares or confirmation of the issuance of such Performance Shares through book entry procedures shall be issued by the Company and registered in the name of the Participant on the stock transfer books of the Company as payment to the Participant of Performance Shares issuable hereunder. Each certificate or book entry representing Performance Shares issued under this Agreement shall bear such legends or be subject to such stop transfer orders or other restrictions, if any, that the Company determines in accordance with Section 8 hereof.

Appears in 7 contracts

Samples: Performance Share Unit Award Agreement (SemGroup Corp), Performance Share Unit Award Agreement (SemGroup Corp), Performance Share Unit Award Agreement (SemGroup Corp)

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