DELIVERY OF COMPANY STOCK. The STOCKHOLDERS shall deliver to VPI at the Pre-Closing (subject to Section 4) the certificates representing COMPANY Stock, duly endorsed in blank by the STOCKHOLDERS, or accompanied by blank stock powers, and with all necessary transfer tax and other revenue stamps, acquired at the STOCKHOLDERS' expense, affixed and canceled. The STOCKHOLDERS agree promptly to cure any deficiencies with respect to the endorsement of the stock certificates or other documents of conveyance with respect to such COMPANY Stock or with respect to the stock powers accompanying any COMPANY Stock.
DELIVERY OF COMPANY STOCK. Stockholders shall have delivered to Buyer certificates representing all Company Stock, duly endorsed in blank by Stockholders or accompanied by stock powers duly executed in blank and with all necessary transfer tax and other revenue stamps affixed and cancelled at Stockholders's expense, none of which certificates shall bear any restrictive legend other than those related to compliance with the Act.
DELIVERY OF COMPANY STOCK. The STOCKHOLDERS shall deliver to HDS at ------------------------- Pre-Closing (as defined below in Section 4.1) the certificates representing COMPANY Stock, duly endorsed in blank by the STOCKHOLDERS, or accompanied by blank stock powers, and with all necessary transfer tax and other revenue stamps, acquired at the STOCKHOLDERS' expense, affixed and cancelled. The STOCKHOLDERS agree promptly to cure any deficiencies with respect to the endorsement of the certificates or other documents of conveyance with respect to such COMPANY Stock or with respect to the stock powers accompanying any COMPANY Stock.
DELIVERY OF COMPANY STOCK. The Stockholders and the ESOP shall deliver to Metals at the Closing the certificates representing Company Stock, duly endorsed in blank by the Stockholders and the ESOP, or accompanied by blank stock powers, and with all necessary transfer tax and other revenue stamps, acquired at the expense of the Stockholders and the ESOP, affixed and canceled. Each Stockholder and the ESOP agrees to promptly cure any deficiencies with respect to the endorsement of the stock certificates or other documents of conveyance with respect to such Company Stock or with respect to the stock powers accompanying any Company Stock.
DELIVERY OF COMPANY STOCK. Subject to Section 2 and the Grantee’s satisfaction of any withholding obligations (including federal and state income, and FICA taxes) in connection with the Grantee’s receipt of any Units, six (6) months following the date the Grantee experiences a Separation from Services (the “Delivery Date”), the Grantee shall receive stock certificates evidencing the conversion of the Units into Company Stock. The Grantee’s withholding obligations, if any, shall be satisfied by making a payment to the Company in cash, by personal check, or by any other form of payment permitted by the Company, in an amount sufficient to satisfy such withholding obligations. Such stock certificates shall be issued to the Grantee as of the Delivery Date and registered in the Grantee’s name.
DELIVERY OF COMPANY STOCK. The STOCKHOLDERS shall deliver at the ------------------------- Closing (as defined in Section 5 hereof) the certificates representing the respective shares of COMPANY Stock, duly endorsed in blank by the STOCKHOLDERS or accompanied by blank stock powers, with signatures guaranteed by a national bank, and with all necessary transfer tax and other revenue stamps, acquired at the STOCKHOLDERS' expense, affixed and canceled. The STOCKHOLDERS agree to cure any deficiencies with respect to the endorsement of the certificates or other documents of conveyance with respect to such COMPANY Stock or with respect to the stock powers accompanying any COMPANY Stock.
DELIVERY OF COMPANY STOCK. Subject to Section 8.2 of the Grantee’s Executive Employment Agreement and the Grantee’s satisfaction of any withholding obligations (including federal and state income, and FICA taxes) in connection with the Grantee’s receipt of any Units, as soon as administratively feasible following the scheduled vesting date of such Units per Section 2(a) or sixty (60) days following an earlier vesting date that occurs as a result of the Grantee’s separation from service (the “Delivery Date”), the Grantee shall receive stock certificates evidencing the conversion of the vested Units into Company Stock. The Grantee’s withholding obligations, if any, shall be satisfied by making a payment to the Company in cash, by personal check, or by a reduction of the number of Shares deliverable to the Grantee, at the Grantee’s election, in an amount sufficient to satisfy such withholding obligations. Such stock certificates shall be issued to the Grantee as of the Delivery Date and registered in the Grantee’s name provided that the withholding of the Units vesting on the first day of employment shall be paid by reduction and on any other distribution if Grantee has not elected prior to the vesting date and made any cash payment due on or prior to the vesting date, it shall be done by reduction unless the parties agree otherwise. Notwithstanding anything herein to the contrary, the Units shall be construed in a manner that would not result in an excise tax under Section 409A of the Code as described in Section 8.2 of the Executive Employment Agreement which is incorporated herein by reference and shall survive the termination of the Executive Employment Agreement.
DELIVERY OF COMPANY STOCK. The STOCKHOLDERS shall deliver to VPI at the Pre-Closing (subject to Section 4) the certificates representing COMPANY Stock, duly endorsed in blank by the STOCKHOLDERS, or accompanied by blank stock powers, and with all necessary transfer tax and other revenue stamps, acquired at the STOCKHOLDERS' expense, affixed and canceled; provided, however, that such delivery shall not constitute the actual transfer and delivery of the COMPANY Stock, which shall take place on the Closing Date as provided in Section 4. The STOCKHOLDERS agree promptly to cure any deficiencies with respect to the endorsement of the stock certificates or other documents of conveyance with respect to such COMPANY Stock or with respect to the stock powers accompanying any COMPANY Stock.
DELIVERY OF COMPANY STOCK. Subject to Section 6.2 of the Grantee’s Executive Employment Agreement and the Grantee’s satisfaction of any withholding obligations (including federal and state income, and FICA taxes) in connection with the Grantee’s receipt of any Units, as soon as administratively feasible following the scheduled vesting date of such Units per Section 2(a) or sixty (60) days following an earlier vesting date that occurs as a result of the Grantee’s separation from service (the “Delivery Date”), the Grantee shall receive stock certificates (or other appropriate documentation) evidencing the conversion of the vested Units into Company Stock. The Grantee’s withholding obligations, if any, shall be satisfied by making a payment to the Company in cash, by personal check, or by a reduction of the number of Shares deliverable to the Grantee, at the Grantee’s election, in an amount sufficient to satisfy such withholding obligations. The withholding of the Units vesting shall be paid by reduction if Grantee has not elected prior to the vesting date and made any cash payment due on or prior to the vesting date. Notwithstanding anything herein to the contrary, the Units shall be construed in a manner that would not result in an excise tax under Section 409A of the Code as described in Section 6.2 of the Executive Employment Agreement which is incorporated herein by reference and shall survive the termination of the Executive Employment Agreement.
DELIVERY OF COMPANY STOCK. All of the Company Stock shall have been delivered to Buyer as required by Sections 1.1 and 2.3 hereof.
