Common use of Delivery by Holding Clause in Contracts

Delivery by Holding. At the Closing, Holding will deliver a stock certificate registered in the Employee’s name and representing the Shares, which certificate shall bear the legends set forth in Section 5(b), to the Secretary of Holding, to be held in custody until the Restricted Period shall have lapsed.

Appears in 2 contracts

Samples: Restricted Stock Subscription Agreement (Ws Financing Corp), Restricted Stock Subscription Agreement (Ws Financing Corp)

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Delivery by Holding. At the Closing, Holding will deliver a stock certificate registered in the EmployeePurchaser’s name and representing the Shares, which certificate shall bear the legends set forth in Section 5(b), to the Secretary of Holding, to be held in custody until the Restricted Period shall have lapsed.

Appears in 2 contracts

Samples: Restricted Stock Subscription Agreement (Ws Financing Corp), Restricted Stock Subscription Agreement (Ws Financing Corp)

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Delivery by Holding. At the Closing, Holding will deliver a stock certificate registered in the Employee’s Purchaser's name and representing the Shares, which certificate shall bear the legends set forth in Section 5(b), to the Secretary of Holding, to be held in custody until the Restricted Period shall have lapsed.

Appears in 1 contract

Samples: Restricted Stock Subscription Agreement (Worldspan BBN Holdings LLC)

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