Common use of Certificates for Restricted Shares Clause in Contracts

Certificates for Restricted Shares. The Corporation shall issue one or more certificates in respect of the Restricted Shares in the name of the Grantee and shall hold such certificate or certificates on deposit for the account of the Grantee until the expiration of the Restricted Period and in accordance with the Plan. Each such certificate shall bear the following legend: The transferability of this certificate and the shares of stock represented hereby are subject to the terms and conditions (including forfeiture) contained in the First Indiana Corporation 2002 Stock Incentive Plan (“Plan”) and an Agreement entered into between the registered owner and First Indiana Corporation. Copies of the Plan and the Agreement are on file in the office of the Secretary of First Indiana Corporation, 000 Xxxxx Xxxxxxxxxxxx Xxxxxx, Xxxxx 0000, Xxxxxxxxxxxx, Xxxxxxx 00000. Upon execution of this Agreement, the Grantee shall execute a stock power endorsed in blank and promptly deliver such stock power to the Corporation.

Appears in 4 contracts

Samples: Restricted Stock Agreement (First Indiana Corp), Restricted Stock Agreement (First Indiana Corp), Restricted Stock Agreement (First Indiana Corp)

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Certificates for Restricted Shares. The Corporation shall issue one or more certificates in respect of the Restricted Shares in the name of the Grantee and shall hold such certificate or certificates on deposit for the account of the Grantee until the expiration of the Restricted Period and in accordance with the Plan. Each such certificate shall bear the following legend: The transferability of this certificate and the shares of stock represented hereby are subject to the terms and conditions (including forfeiture) contained in the First Indiana Corporation 2002 Stock Incentive 2004 Executive Compensation Plan (“Plan”) and an Agreement entered into between the registered owner and First Indiana Corporation. Copies of the Plan and the Agreement are on file in the office of the Secretary of First Indiana Corporation, 000 Xxxxx Xxxxxxxxxxxx Xxxxxx, Xxxxx 0000, Xxxxxxxxxxxx, Xxxxxxx 00000. Upon execution of this Agreement, the Grantee shall execute a stock power endorsed in blank and promptly deliver such stock power to the Corporation.

Appears in 1 contract

Samples: Restricted Stock Agreement (First Indiana Corp)

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