Common use of Custody and Delivery of Shares Clause in Contracts

Custody and Delivery of Shares. Each certificate representing the shares of Common Stock covered by this Award shall be issued in the name of Grantee and shall bear appropriate legends regarding this Agreement and such other restrictions on transferability, which are substantially similar to the legend set forth as follows: “The shares represented by this certificate are deemed to be restricted stock and until the applicable Grant Date (which is the first, second or third anniversary, as applicable, of the date the Award was made) are subject to the terms and conditions, including certain restrictions on transfer, applicable to restricted stock pursuant to the PrivateBancorp, Inc. 2007 Long-Term Incentive Compensation Plan and the Restricted Stock Award Agreement covering these shares, copies of which are available from the Company.” The Company shall hold the certificate for shares of Common Stock covered by this Award until the shares represented hereby have vested pursuant to the Restricted Stock Award Certificate and Section 5 of this Agreement, and will thereupon, subject to the satisfaction of any applicable federal, state, local or other tax withholding obligations and applicable securities laws, deliver the certificate for the vested shares to Grantee, and destroy the stock power referred to in Section 1(b) relating to the vested shares, or use it to authorize the withholding of shares for payment of taxes, pursuant to Section 7, below.

Custody and Delivery of Shares. Each certificate representing the shares of Common Stock covered by this Award shall be issued in the name of Grantee and shall bear appropriate legends regarding this Agreement and such other restrictions on transferability, which are substantially similar to the legend set forth as follows: “The shares represented by this certificate are deemed to be restricted stock and until the applicable Grant Date (which is the first, second or third anniversary, as applicable, of the full vesting date the Award was made) are subject to the terms and conditions, including certain restrictions on transfer, applicable to restricted stock pursuant to the PrivateBancorp, Inc. 2007 Long-Term Incentive Compensation Plan and the Restricted Stock Award Agreement covering these shares, copies of which are available from the Company.” The Company shall hold the certificate for shares of Common Stock covered by this Award until the shares represented hereby have vested pursuant to the Restricted Stock Award Certificate and Section 5 of this Agreement, and will thereupon, subject to the satisfaction of any applicable federal, state, local or other tax withholding obligations and applicable securities laws, deliver the certificate for the vested shares to Grantee, and destroy the stock power referred to in Section 1(b) relating to the vested shares, or use it to authorize the withholding of shares for payment of taxes, pursuant to Section 7, below.

Custody and Delivery of Shares. Each certificate representing the shares of Common Stock covered by this Award shall be issued in the name of Grantee and shall bear appropriate legends regarding this Agreement and such other restrictions on transferability, which are substantially similar to the legend set forth as follows: “The shares represented by this certificate are deemed to be restricted stock and until the applicable Grant Date Dates (which are the eleven (11) monthly anniversaries of the date the Award is made, with the first, second or third anniversary, as applicable, of twelfth (12) date being the next annual shareholders meeting after the date the Award was made) are subject to the terms and conditions, including certain restrictions on transfer, applicable to restricted stock pursuant to the PrivateBancorp, Inc. 2007 Long-Term Incentive Compensation Plan and the Restricted Stock Award Agreement covering these shares, copies of which are available from the Company.” The Company shall hold the certificate for shares of Common Stock covered by this Award until the shares represented hereby have vested pursuant to the Restricted Stock Award Certificate and Section 5 of this Agreement, and will thereupon, subject to the satisfaction of any applicable federal, state, local or other tax withholding obligations and applicable securities laws, deliver the certificate for the vested shares to Grantee, and destroy the stock power referred to in Section 1(b) relating to the vested shares, or use it to authorize the withholding of shares for payment of taxes, pursuant to Section 7, below.

Custody and Delivery of Shares. Each certificate representing the shares of Common Stock covered by this Award shall be issued in the name of Grantee and shall bear appropriate legends regarding this Agreement and such other restrictions on transferability, which are substantially similar to the legend set forth as follows: “The shares represented by this certificate are deemed to be restricted stock and until the applicable Grant Date [DATE] (which is the first, second or third anniversary, as applicable, fifth anniversary of the date the Award was made) are subject to the terms and conditions, including certain restrictions on transfer, applicable to restricted stock pursuant to the PrivateBancorp, Inc. 2007 Long-Term Incentive Compensation Plan and Plan, the Restricted Stock Award Agreement covering these sharesshares and the minutes of the Board of Directors and/or the Compensation Committee meeting dated [DATE], copies of which are available from the Company.” . The Company shall hold the certificate for shares of Common Stock covered by this Award until the shares represented hereby have vested pursuant to the Restricted Stock Award Certificate and Section 5 of this Agreement, and will thereupon, subject to the satisfaction of any applicable federal, state, local or other tax withholding obligations and applicable securities laws, deliver the certificate for the vested shares to Grantee, and destroy the stock power referred to in Section 1(b) relating to the vested shares, or use it to authorize the withholding of shares for payment of taxes, pursuant to Section 7, below.

Custody and Delivery of Shares. Each certificate representing the shares of Common Stock covered by this Award shall be issued in the name of Grantee and shall bear appropriate legends regarding this Agreement and such other restrictions on transferability, which are substantially similar to the legend set forth as follows: “The shares represented by this certificate are deemed to be restricted stock and until the applicable Grant Date September 28, 2011 (which is the first, second or third anniversary, as applicable, fifth anniversary of the date the Award was made) are subject to the terms and conditions, including certain restrictions on transfer, applicable to restricted stock pursuant to the PrivateBancorp, Inc. 2007 Long-Term Incentive Compensation Plan and the Restricted Stock Award Agreement covering these shares, copies of which are available from the Company.” The Company shall hold the certificate for shares of Common Stock covered by this Award until the shares represented hereby have vested pursuant to the Restricted Stock Award Certificate and Section 5 of this Agreement, and will thereupon, subject to the satisfaction of any applicable federal, state, local or other tax withholding obligations and applicable securities laws, deliver the certificate for the vested shares to Grantee, and destroy the stock power referred to in Section 1(b) relating to the vested shares, or use it to authorize the withholding of shares for payment of taxes, pursuant to Section 7, below.

Custody and Delivery of Shares. Each certificate representing the shares of Common Stock covered by this Award shall that may be issued in the name of Grantee and shall bear appropriate legends regarding this Agreement and such other restrictions on transferability, which are substantially similar to the legend set forth as follows: “The shares represented by this certificate are deemed to be restricted stock and performance shares subject to transfer restrictions based on continuous service until the applicable Grant Date December 31, 2012 (which is the first, second or third anniversary, as applicable, fiscal year ending date that immediately follows the fifth anniversary of the date the Award was made) are subject to and the terms and attainment of certain Performance Objectives, or other conditions, including certain restrictions on transfer, as applicable to restricted stock awards of performance shares pursuant to the PrivateBancorp, Inc. 2007 Strategic Long-Term Incentive Compensation Plan and the Restricted Stock Performance Share Award Agreement covering these shares, copies of which are available from the Company.PrivateBancorp, Inc.” The Company shall hold the any certificate for shares of Common Stock covered by this Award until the shares Performance Shares represented hereby have vested vest pursuant to the Restricted Stock Performance Share Award Certificate and Section 5 of this Agreement, and will if so certificated shall thereupon, subject to the satisfaction of any applicable federal, state, local or other tax withholding obligations and applicable securities laws, deliver the certificate for the vested unrestricted shares to Grantee, and destroy the stock power referred to in Section 1(b) relating to the vested unrestricted shares, or use it to authorize the withholding of shares for payment of taxes, pursuant to Section 7, below.