Common use of Custody of Certificates Clause in Contracts

Custody of Certificates. The Company shall retain custody of the certificates evidencing this Stock Award until the Committee certifies that the shares have become vested and transferable. The Company shall deliver the certificates evidencing the shares subject to this Stock Award promptly after the Committee certifies that the requirements of this Agreement have been satisfied.

Appears in 12 contracts

Samples: Amended Stock Award Agreement (Equity Inns Inc), Amended Stock Award Agreement (Equity Inns Inc), Amended Stock Award Agreement (Equity Inns Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.