Common use of Conditions to Delivery of Shares Clause in Contracts

Conditions to Delivery of Shares. The Shares deliverable hereunder may be either previously authorized but unissued Shares, treasury Shares or issued Shares which have then been reacquired by the Company. Such Shares shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any certificates or make any book entries evidencing Shares deliverable hereunder prior to fulfillment of the conditions set forth in Section 11.3 of the Plan.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Tumi Holdings, Inc.), Restricted Stock Unit Award Agreement (Tumi Holdings, Inc.)

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Conditions to Delivery of Shares. The Shares deliverable hereunder may be either previously authorized but unissued Shares, treasury Shares or issued Shares which have then been reacquired by the Company. Such Shares shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any certificates or make any book entries evidencing Shares deliverable hereunder prior to fulfillment of the conditions set forth in Section 11.3 18(f) of the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Staar Surgical Co)

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Conditions to Delivery of Shares. The Shares deliverable hereunder may be either previously authorized but unissued Shares, treasury Shares or issued Shares which have then been reacquired by the Company. Such Shares shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any certificates or make any book entries evidencing Shares deliverable hereunder prior to fulfillment of the conditions set forth in Section 11.3 19 of the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Varonis Systems Inc)

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