Common use of Delivery of Certificates Upon Vesting Clause in Contracts

Delivery of Certificates Upon Vesting. Promptly after the vesting of any shares of Restricted Stock pursuant to Section 3, the Corporation shall, as applicable, either remove the notations on any shares of Restricted Stock issued in book entry form which have vested or deliver to the Participant a certificate or certificates evidencing the number of shares of Restricted Stock which have vested (or, in either case, such lesser number of shares as may be permitted pursuant to Section 8.5 of the Plan). The Participant (or the beneficiary or personal representative of the Participant in the event of the Participant’s death or disability, as the case may be) shall deliver to the Corporation any representations or other documents or assurances required pursuant to Section 8.1 of the Plan. The shares so delivered shall no longer be restricted shares hereunder.

Appears in 13 contracts

Samples: Restricted Stock Award Agreement (New Century Financial Corp), Restricted Stock Award Agreement (New Century Financial Corp), Restricted Stock Award Agreement (New Century Financial Corp)

AutoNDA by SimpleDocs

Delivery of Certificates Upon Vesting. Promptly As soon as administratively practicable after the vesting of any shares of Restricted Stock Shares subject to the Award pursuant to Section 32.2(b), the Corporation Company shall, as applicable, either remove the notations on any shares of Restricted Stock Shares subject to the Award issued in book entry form which have vested or deliver to the Participant a certificate or certificates evidencing the number of shares of Restricted Stock Shares subject to the Award which have vested (or, in either case, such lesser number of shares as may be permitted pursuant to Section 8.5 8.4 or 12.4 of the Plan). The Participant (or the beneficiary or personal representative of the Participant in the event of the Participant’s death or disabilityincapacity, as the case may be) shall deliver to the Corporation Company any representations or other documents or assurances required pursuant to Section 8.1 of by the PlanCompany. The shares Shares so delivered shall no longer be restricted shares subject to the Restrictions hereunder.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Tilly's, Inc.), Restricted Stock Award Agreement (Tilly's, Inc.), Restricted Stock Award Agreement (Tilly's, Inc.)

Delivery of Certificates Upon Vesting. Promptly As soon as administratively practicable after the vesting of any shares of Restricted Stock Shares subject to the Award pursuant to Section 32.2(b) hereof, the Corporation Company shall, as applicable, either remove the notations on any shares of Restricted Stock Shares subject to the Award issued in book entry form which have vested or deliver to the Participant a certificate or certificates evidencing the number of shares of Restricted Stock Shares subject to the Award which have vested (or, in either case, such lesser number of shares as may be permitted pursuant to Section 8.5 16.3 of the Plan). The Participant (or the beneficiary or personal representative of the Participant in the event of the Participant’s death or disabilityincapacity, as the case may be) shall deliver to the Corporation Company any representations or other documents or assurances required pursuant to Section 8.1 of by the PlanCompany. The shares Shares so delivered shall no longer be restricted shares subject to the Restrictions hereunder.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Tivo Inc), Restricted Stock Award Agreement (Tivo Inc)

Delivery of Certificates Upon Vesting. Promptly after the vesting of any shares of Restricted Stock pursuant to Section 3, the Corporation shall, as applicable, either remove the notations on any shares of Restricted Stock issued in book entry form which have vested or deliver to the Participant a certificate or certificates evidencing the number of shares of Restricted Stock which have vested (or, in either case, such lesser number of shares as may be permitted pursuant to Section 8.5 of the Plan). The Participant (or the beneficiary or personal representative of the Participant in the event of the Participant’s 's death or disability, as the case may be) shall deliver to the Corporation any representations or other documents or assurances required pursuant to Section 8.1 of the Plan. The shares so delivered shall no longer be restricted shares hereunder.

Appears in 2 contracts

Samples: Incentive Plan Restricted Stock Award Agreement (Mentor Corp /Mn/), Incentive Plan Restricted Stock Award Agreement (Mentor Corp /Mn/)

AutoNDA by SimpleDocs

Delivery of Certificates Upon Vesting. Promptly after the vesting of any shares of Restricted Stock pursuant to Section 3, the Corporation shall, as applicable, either remove the notations on any shares of Restricted Stock issued in book entry form which have vested or deliver to the Participant a certificate or certificates evidencing the number of shares of Restricted Stock which have vested (or, in either case, such lesser number of shares as may be permitted pursuant to Section 8.5 10(f) of the Plan). The Participant (or the beneficiary or personal representative of the Participant in the event of the Participant’s death or disabilityincapacity, as the case may be) shall deliver to the Corporation any representations or other documents or assurances required pursuant to Section 8.1 8(b) of the Plan. The shares so delivered shall no longer be restricted shares hereunder.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Electronics for Imaging Inc)

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