Common use of Delivery of Letter of Transmittal to Custodian Clause in Contracts

Delivery of Letter of Transmittal to Custodian. As soon as practicable after the date on which the Offer is commenced, Stockholder shall deliver a Letter of Transmittal covering the Shares, duly executed in accordance with the terms of the offer materials used in connection with the Offer, to the Custodian, which shall retain custody of the Letter of Transmittal until it is delivered to the Depository pursuant to Section 2.3. 2.3 Tender of Shares and Delivery of Letter of Transmittal to Depository. Prior to the expiration or termination of the Offer, Stockholder shall cause Custodian to and Custodian shall deliver all, but not part, of the Shares, together with the related stock powers and Letter of Transmittal, to the depository for the Offer and such delivery shall constitute a tender by the Stockholder under the Offer. The tendered Shares may not be withdrawn except following the termination of this Agreement pursuant to Section 5.2. Except as otherwise set forth in this Agreement, all rights of ownership with respect to the Shares shall remain with Stockholder until the Effective Time or the purchase of the Shares pursuant to the Offer. 2

Delivery of Letter of Transmittal to Custodian. As soon as practicable after the date on which the Offer is commenced, Stockholder shall deliver a Letter of Transmittal covering the Shares, duly executed in accordance with the terms of the offer materials used in connection with the Offer, to the Custodian, which shall retain custody of the Letter of Transmittal until it is delivered to the Depository pursuant to Section 2.3. 2.3 Tender of Shares and Delivery of Letter of Transmittal to Depository. Prior to the expiration or termination of the Offer, Stockholder shall cause Custodian to and Custodian shall deliver all, but not part, of the Shares, together with the related stock powers and Letter of Transmittal, to the depository for the Offer and such delivery shall constitute a tender by the Stockholder under the Offer. The tendered Shares may not be withdrawn except following the termination of this Agreement pursuant to Section 5.2. Except as otherwise set forth in this Agreement, all rights of ownership with respect to the Shares shall remain with Stockholder until the Effective Time or the purchase of the Shares pursuant to the Offer. 22.4