Common use of Custody and Delivery of Certificates Representing Shares Clause in Contracts

Custody and Delivery of Certificates Representing Shares. The Company shall hold the certificate or certificates representing the shares of Stock subject to the Award until the restrictions on such Award shall have lapsed, in whole or in part, pursuant to Section 4 hereof, and the Company shall as soon thereafter as practicable, subject to Section 5.3, deliver the certificate or certificates for such shares to the Holder and destroy the stock power or powers relating to such shares. If such stock power or powers also relates to shares as to which restrictions remain in effect, the Company may require, as a condition precedent to delivery of any certificate pursuant to this Section 3, the execution and delivery to the Company of one or more stock powers relating to such shares.

Custody and Delivery of Certificates Representing Shares. The Company -------------------------------------------------------- shall hold the certificate or certificates representing the shares of Stock subject to the Award until the restrictions on such Award shall have lapsed, in whole or in part, pursuant to Section 4 hereof, and the Company shall as soon thereafter as practicable, subject to Section 5.3, deliver the certificate or certificates for such shares to the Holder and destroy the stock power or powers relating to such shares. If such stock power or powers also relates to shares as to which restrictions remain in effect, the Company may require, as a condition precedent to delivery of any certificate pursuant to this Section 3, the execution and delivery to the Company of one or more stock powers relating to such shares.

Custody and Delivery of Certificates Representing Shares. The Company shall hold the certificate or certificates representing the shares of Stock subject to the Award until the restrictions on such Award shall have lapsedvested, in whole or in part, pursuant to Section Paragraph 4 hereof, and the Company shall as soon thereafter as practicable, subject to Section 5.36.3, deliver the certificate or certificates for such the vested shares to the Holder and destroy the stock power or powers relating to such the vested shares. If such stock power or powers also relates to shares as to which restrictions remain in effectunvested shares, the Company may require, as a condition precedent to delivery of any certificate pursuant to this Section 3, the execution and delivery to the Company of one or more stock powers relating to such unvested shares.

Custody and Delivery of Certificates Representing Shares. The -------------------------------------------------------- Company shall hold the certificate or certificates representing the shares of Stock subject to the Award until the restrictions on such Award shall have lapsed, in whole or in part, pursuant to Section Paragraph 4 hereof, and the Company shall as soon thereafter as practicable, subject to Section 5.3, deliver the certificate or certificates for such shares to the Holder and destroy the stock power or powers relating to such shares. If such stock power or powers also relates to shares as to which restrictions remain in effect, the Company may require, as a condition precedent to delivery of any certificate pursuant to this Section 3, the execution and delivery to the Company of one or more stock powers relating to such shares.

Custody and Delivery of Certificates Representing Shares. The Company -------------------------------------------------------- shall hold the certificate or certificates representing the shares of Stock subject to the Award until the restrictions on such Award shall have lapsed, in whole or in part, pursuant to Section Paragraph 4 hereof, and the Company shall as soon thereafter as practicable, subject to Section 5.3, deliver the certificate or certificates for such shares to the Holder and destroy the stock power or powers relating to such shares. If such stock power or powers also relates to shares as to which restrictions remain in effect, the Company may require, as a condition precedent to delivery of any certificate pursuant to this Section 3, the execution and delivery to the Company of one or more stock powers relating to such shares.

Custody and Delivery of Certificates Representing Shares. The Company shall hold the certificate or certificates representing the shares of Common Stock subject to the Award until the restrictions on such Award shall have lapsedvested, in whole or in part, pursuant to Section Paragraph 4 hereof, and the Company shall as soon thereafter as practicable, subject to Section 5.36.2, deliver the certificate or certificates for such the vested shares to the Holder and destroy the stock power or powers relating to such the vested shares. If such stock power or powers also relates to shares as to which restrictions remain in effectunvested shares, the Company may require, as a condition precedent to delivery of any certificate pursuant to this Section 3, the execution and delivery to the Company of one or more stock powers relating to such unvested shares.