Delivery of Pledged Shares. All certificates or instruments representing or -------------------------- evidencing the Shares shall be held by or on behalf of the Company under this Agreement and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance satisfactory to the Company. If Xxxxxxx fails to perform any Obligation contained in this Agreement, the Company may itself perform, or cause performance of, that Obligation, and the expenses of the Company incurred in connection with that performance shall be payable by Xxxxxxx under Section 9 hereto.
Appears in 4 contracts
Samples: Pledge Agreement (Tier Technologies Inc), Pledge Agreement (Tier Technologies Inc), Pledge Agreement (Tier Technologies Inc)
Delivery of Pledged Shares. All certificates or instruments representing or -------------------------- evidencing the Shares shall be held by or on behalf of the Company under this Agreement and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance satisfactory to the Company. If Xxxxxxx Xxxxxx fails to perform any Obligation contained in this Agreement, the Company may itself perform, or cause performance of, that Obligation, and the expenses of the Company incurred in connection with that performance shall be payable by Xxxxxxx Xxxxxx under Section 9 hereto.
Appears in 2 contracts
Samples: Pledge Agreement (Tier Technologies Inc), Pledge Agreement (Tier Technologies Inc)
Delivery of Pledged Shares. All certificates or instruments representing or -------------------------- evidencing the Shares shall be held by or on behalf of the Company under this Agreement and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance satisfactory to the Company. If Xxxxxxx fails to perform any Obligation contained in this Agreement, the Company may itself perform, or cause performance of, that Obligation, and the expenses of the Company incurred in connection with that performance shall be payable by Xxxxxxx under Section 9 hereto.
Appears in 2 contracts
Samples: Pledge Agreement (Tier Technologies Inc), Pledge Agreement (Tier Technologies Inc)