Common use of Delivery of Restricted Shares Clause in Contracts

Delivery of Restricted Shares. (i) Unless otherwise determined by the Company, the Restricted Shares will be evidenced by a physical certificate retained by the Secretary of the Company or such escrow agent as the Company may appoint until the Restricted Shares have vested in accordance with Article II or will be delivered to the Participant in book entry form by causing the Restricted Shares to be credited to the Participant’s account at such brokerage firm as may be designated from time to time by the Company to assist in the administration of the Plan (the “Broker”). (ii) The Restricted Shares will be delivered reasonably promptly following vesting (as determined by the Company). All dividends and distributions paid on Restricted Shares prior to such Restricted Shares vesting shall be delivered to the Participant upon the later of (A) the vesting date of the Restricted Shares with respect to which such dividends and distributions were paid or (B) the date the other stockholders receive dividends and distributions on their shares of Common Stock. (iii) When Restricted Shares are delivered in book entry form, such delivery as well as all subsequent transfers and other matters relating to the Restricted Shares will be subject, in addition to all other provisions hereof, to the rules and requirements imposed by the Broker and such administrative rules and requirements as may be imposed by the Company. Prior to vesting, the Restricted Shares will be subject to stop transfer instructions given by the Company to the Broker and the transfer agent for the Stock. Upon vesting of any Restricted Shares, such stop transfer instructions will be terminated (except to the extent that any Restricted Shares may be sold pursuant to Article V to satisfy Withholding Requirements (as defined in Section 5.1)). Upon forfeiture of any Restricted Shares, the Broker and such transfer agent will be instructed to debit such Restricted Shares from such account and return them to the Company. (iv) Unless otherwise determined by the Company, each physical certificate and each book entry, in each case relating to Restricted Shares may include such restrictive legends in such forms as the Company may deem convenient, expedient, necessary or appropriate relating to the restrictions under this Agreement, applicable securities, tax or other laws or applicable rules of any securities exchange or market.

Delivery of Restricted Shares. (i) Unless otherwise determined by the Company, the The Restricted Shares will be evidenced by a physical certificate retained by the Secretary of the Company or such escrow agent as the Company may appoint until the Restricted Shares have vested in accordance with Article II or will be delivered to the Participant in book entry form by causing the Restricted Shares to be credited to the Participant’s account at such brokerage firm as may be designated from time to time by the Company Corporation to assist in the administration of the Plan (the “Broker”). (ii) The Restricted Shares will be delivered on or before the date on which they are scheduled to vest; provided, however, that, if any Restricted Shares vest before such date, such Restricted Shares shall be delivered reasonably promptly following vesting (as determined by the Company). All dividends and distributions paid on Restricted Shares prior to such Restricted Shares vesting shall be delivered to the Participant upon the later of (ACorporation) the vesting date of the Restricted Shares with respect to which such dividends and distributions were paid or (B) the date the other stockholders receive dividends and distributions on their shares of Common Stockthereafter. (iii) When Restricted Shares are delivered in book entry form, such delivery as well as all subsequent transfers and other matters relating to the such Restricted Shares will be subject, in addition to all other provisions hereof, to the rules and requirements imposed by the Broker and such administrative rules and requirements as may be imposed by the CompanyCorporation. Prior to vesting, the Restricted Shares will be subject to stop transfer instructions given by the Company Corporation to the Broker and the transfer agent for the Common Stock. Upon vesting of any Restricted Shares, such stop transfer instructions will be terminated (except as otherwise provided in connection with the Company’s xxxxxxx xxxxxxx and other compliance policies and procedures and except to the extent that any Restricted Shares may be sold pursuant to Article V Section 4.4 to satisfy Withholding Requirements (as defined in Section 5.14.4)). Upon forfeiture of any Restricted Shares, the Broker and such transfer agent will be instructed to debit such Restricted Shares from such account and return them to the CompanyCorporation. (iv) Unless otherwise determined by the Company, each physical certificate and each Each book entry, in each case entry relating to Restricted Shares may include such restrictive legends instructions in such forms as the Company Corporation may deem convenient, expedient, necessary or appropriate relating to the restrictions under this Agreement, applicable securities, tax or other laws or applicable rules of any securities exchange or market.

Delivery of Restricted Shares. (i) Unless otherwise determined by the Company, the The Restricted Shares will be evidenced by a physical certificate retained by the Secretary of the Company or such escrow agent as the Company may appoint until the Restricted Shares have vested in accordance with Article II or will be delivered to the Participant in book entry or other electronic form by causing the Restricted Shares to be credited to an account for the ParticipantParticipant maintained by the Corporation’s account at such brokerage firm transfer agent or as may otherwise be designated from time to time by the Company Corporation to assist in the administration of the Plan (the “BrokerParticipant’s Account”). (ii) The Restricted Shares will be delivered credited to Participant’s Account on or before the date on which they are scheduled to vest; provided, however, that, if any Restricted Shares vest before such date, such Restricted Shares shall be credited reasonably promptly following vesting (as determined by the Company). All dividends and distributions paid on Corporation) thereafter. (iii) Upon vesting, the vested Restricted Shares prior to such Restricted Shares vesting shall be delivered to the Participant upon Participant, at the later of (A) the vesting date of the Restricted Shares with respect to which such dividends and distributions were paid or (B) the date the other stockholders receive dividends and distributions on their shares of Common Stock. (iii) When Restricted Shares are delivered Corporations option, in book entry form, such delivery as well as all subsequent transfers and other matters relating to by direct registration with the Corporation’s transfer agent, or by a stock certificate. Such Restricted Shares will be subject, in addition to all other provisions hereof, to the rules and requirements imposed by the Broker and such administrative rules and requirements as may be imposed by the Company. Prior to vesting, the Restricted Shares will Stock shall be subject to stop transfer instructions given by the Company to the Broker and the transfer agent for the Stock. Upon vesting of any Restricted Shares, such stop transfer instructions will be terminated (as provided in connection with the Company’s xxxxxxx xxxxxxx and other compliance policies and procedures and except to the extent that any Restricted Shares may be sold pursuant to Article V Section 4.3 to satisfy Withholding Requirements (as defined in Section 5.14.3)). Upon forfeiture of any Restricted Shares, the Broker and such transfer agent will be instructed to debit such Restricted Shares from such account Participant’s Account and return them to the CompanyCorporation. (iv) Unless otherwise determined by the Company, each physical certificate and each Each book entry, in each case entry relating to Restricted Shares may otherwise include such restrictive legends instructions in such forms as the Company Corporation may deem convenient, expedient, necessary or appropriate relating to the restrictions under this Agreement, applicable securities, tax or other laws or applicable rules of any securities exchange or market.

Delivery of Restricted Shares. (i) Unless otherwise determined by the Company, the The Restricted Shares will be evidenced by a physical certificate retained by the Secretary of the Company or such escrow agent as the Company may appoint until the Restricted Shares have vested in accordance with Article II or will be delivered to the Participant in book entry form by causing the Restricted Shares to be credited to the Participant’s 's account at such brokerage firm as may be designated from time to time by the Company to assist in the administration of the Plan (the “"Broker”"). (ii) The Restricted Shares will be delivered on or before __________, ____; provided, however, that if any of the Restricted Shares vest before such date, such Restricted Shares shall be delivered reasonably promptly following vesting thereafter (as determined by the Company). All dividends and distributions paid on Restricted Shares prior to such Restricted Shares vesting shall be delivered to the Participant upon the later of (A) the vesting date of the Restricted Shares with respect to which such dividends and distributions were paid or (B) the date the other stockholders receive dividends and distributions on their shares of Common Stock. (iii) When Restricted Shares are delivered in book entry form, such delivery as well as all subsequent transfers and other matters relating to the Restricted Shares will be subject, in addition to all other provisions hereof, to the rules and requirements imposed by the Broker and such administrative rules and requirements as may be imposed by the Company. Prior to vesting, the Restricted Shares will be subject to stop transfer instructions given by the Company to the Broker and the transfer agent for the Common Stock. Upon vesting of any Restricted Shares, such stop transfer instructions will be terminated (except to the extent that any Restricted Shares may be sold pursuant to Article V Section 4.4 to satisfy Withholding Requirements (as defined in Section 5.1)Requirements). Upon forfeiture of any Restricted Shares, the Broker and such transfer agent will be instructed to debit such Restricted Shares from such account and return them to the Company. (iv) Unless otherwise determined by the Company, each physical certificate and each Each book entry, in each case entry relating to Restricted Shares may include such restrictive legends instructions in such forms as the Company may deem convenient, expedient, necessary or appropriate relating to the restrictions under this Agreement, applicable securities, tax or other laws or applicable rules of any securities exchange or market.

Delivery of Restricted Shares. (i) Unless otherwise determined by the Company, the Restricted Shares will be evidenced by a physical certificate retained by the Secretary of the Company or such escrow agent as the Company may appoint until the Restricted Shares have vested in accordance with Article II or will be delivered to the Participant in book entry form by causing the Restricted Shares to be credited to the Participant’s account at such brokerage firm as may be designated from time to time by the Company to assist in the administration of the Plan (the “Broker”). (ii) The Restricted Shares will be delivered reasonably promptly following vesting (as determined by the Company). All dividends and distributions paid on Restricted Shares prior to such Restricted Shares vesting shall be delivered to the Participant upon the later of (A) the vesting date of the Restricted Shares with respect to which such dividends and distributions were paid or (B) the date the other stockholders receive dividends and distributions on their shares of Common Stock. (iiii) When Restricted Shares are delivered in book entry form, such delivery as well as all subsequent transfers and other matters relating to the Restricted Shares will be subject, in addition to all other provisions hereof, to the rules and requirements imposed by the Broker and such administrative rules and requirements as may be imposed by the Company. Prior to vesting, the Restricted Shares will be subject to stop transfer instructions given by the Company to the Broker and the transfer agent for the Stock. Upon vesting of any Restricted Shares, such stop transfer instructions will be terminated (except to the extent that any Restricted Shares may be sold pursuant to Article V to satisfy Withholding Requirements (as defined in Section 5.1)). Upon forfeiture of any Restricted Shares, the Broker and such transfer agent will be instructed to debit such Restricted Shares from such account and return them to the Company. (iviii) Unless otherwise determined by the Company, each physical certificate and each book entry, in each case relating to Restricted Shares may include such restrictive legends in such forms as the Company may deem convenient, expedient, necessary or appropriate relating to the restrictions under this Agreement, applicable securities, tax or other laws or applicable rules of any securities exchange or market.

Delivery of Restricted Shares. (i) Unless otherwise determined by the Company, the The Restricted Shares will be evidenced by a physical certificate retained by the Secretary of the Company or such escrow agent as the Company may appoint until the Restricted Shares have vested in accordance with Article II or will be delivered to the Participant in book entry or other electronic form by causing the Restricted Shares to be credited to an account for the ParticipantParticipant maintained by the Corporation’s account at such brokerage firm transfer agent or as may otherwise be designated from time to time by the Company Corporation to assist in the administration of the Plan (the “BrokerParticipant’s Account”). (ii) The Restricted Shares will be delivered credited to Participant’s Account on or before the date on which they are scheduled to vest; provided, however, that, if any Restricted Shares vest before such date, such Restricted Shares shall be credited reasonably promptly following vesting (as determined by the Company). All dividends and distributions paid on Corporation) thereafter. (iii) Upon vesting, the vested Restricted Shares prior to such Restricted Shares vesting shall be delivered to the Participant upon Participant, at the later of (A) the vesting date of the Restricted Shares with respect to which such dividends and distributions were paid or (B) the date the other stockholders receive dividends and distributions on their shares of Common Stock. (iii) When Restricted Shares are delivered Corporation’s option, in book entry form, such delivery as well as all subsequent transfers and other matters relating to by direct registration with the Corporation’s transfer agent, or by a stock certificate. Such Restricted Shares will be subject, in addition to all other provisions hereof, to the rules and requirements imposed by the Broker and such administrative rules and requirements as may be imposed by the Company. Prior to vesting, the Restricted Shares will Stock shall be subject to stop transfer instructions given by the Company to the Broker and the transfer agent for the Stock. Upon vesting of any Restricted Shares, such stop transfer instructions will be terminated (except to as provided in connection with the extent that any Restricted Shares may be sold pursuant to Article V to satisfy Withholding Requirements (as defined in Section 5.1))Company’s xxxxxxx xxxxxxx and other compliance policies and procedures. Upon forfeiture of any Restricted Shares, the Broker and such transfer agent or other relevant Person will be instructed to debit such Restricted Shares from such account the Participant’s Account and return them to the CompanyCorporation. (iv) Unless otherwise determined by the Company, each physical certificate and each Each book entry, in each case entry relating to Restricted Shares may include such restrictive legends instructions in such forms as the Company Corporation may deem convenient, expedient, necessary or appropriate relating to the restrictions under this Agreement, applicable securities, tax or other laws or applicable rules of any securities exchange or market. (v) With respect to Restricted Shares payable to a Participant who dies prior to delivery of such Restricted Shares, such Restricted Shares shall be delivered to the Participant’s beneficiary. For these purposes, a Participant’s beneficiary shall be his or her estate, provided, that, if a different beneficiary is designated in the Beneficiary Designation Form attached hereto and the designated beneficiary has not predeceased the Participant, the beneficiary designated on the Beneficiary Designation Form shall govern.

Delivery of Restricted Shares. (i) Unless otherwise determined by the Company, the The Restricted Shares will be evidenced by a physical certificate retained by the Secretary of the Company or such escrow agent as the Company may appoint until the Restricted Shares have vested in accordance with Article II or will be delivered to the Participant in book entry form by causing the Restricted Shares to be credited to the Participant’s 's account at such brokerage firm as may be designated from time to time by the Company to assist in the administration of the Plan (the “"Broker”"). (ii) The Restricted Shares will be delivered on or before _________, ____; provided, however, that if any of the Restricted Shares vest before such date, such Restricted Shares shall be delivered reasonably promptly following vesting thereafter (as determined by the Company). All dividends and distributions paid on Restricted Shares prior to such Restricted Shares vesting shall be delivered to the Participant upon the later of (A) the vesting date of the Restricted Shares with respect to which such dividends and distributions were paid or (B) the date the other stockholders receive dividends and distributions on their shares of Common Stock. (iii) When Restricted Shares are delivered in book entry form, such delivery as well as all subsequent transfers and other matters relating to the Restricted Shares will be subject, in addition to all other provisions hereof, to the rules and requirements imposed by the Broker and such administrative rules and requirements as may be imposed by the Company. Prior to vesting, the Restricted Shares will be subject to stop transfer instructions given by the Company to the Broker and the transfer agent for the Common Stock. Upon vesting of any Restricted Shares, such stop transfer instructions will be terminated (except to the extent that any Restricted Shares may be sold pursuant to Article V Section 4.4 to satisfy Withholding Requirements (as defined in Section 5.1)Requirements). Upon forfeiture of any Restricted Shares, the Broker and such transfer agent will be instructed to debit such Restricted Shares from such account and return them to the Company. (iv) Unless otherwise determined by the Company, each physical certificate and each Each book entry, in each case entry relating to Restricted Shares may include such restrictive legends instructions in such forms as the Company may deem convenient, expedient, necessary or appropriate relating to the restrictions under this Agreement, applicable securities, tax or other laws or applicable rules of any securities exchange or market.

Delivery of Restricted Shares. (i) Unless otherwise determined by the Company, the The Restricted Shares will be evidenced by a physical certificate retained by the Secretary of the Company or such escrow agent as the Company may appoint until the Restricted Shares have vested in accordance with Article II or will be delivered to the Participant in book entry form by causing the Restricted Shares to be credited to the Participant’s 's account at such brokerage firm as may be designated from time to time by the Company to assist in the administration of the Plan (the “"Broker”"). (ii) The Restricted Shares will be delivered on or before _______, ____; provided, however, that if any of the Restricted Shares vest before such date, such Restricted Shares shall be delivered reasonably promptly following vesting thereafter (as determined by the Company). All dividends and distributions paid on Restricted Shares prior to such Restricted Shares vesting shall be delivered to the Participant upon the later of (A) the vesting date of the Restricted Shares with respect to which such dividends and distributions were paid or (B) the date the other stockholders receive dividends and distributions on their shares of Common Stock. (iii) When Restricted Shares are delivered in book entry form, such delivery as well as all subsequent transfers and other matters relating to the Restricted Shares will be subject, in addition to all other provisions hereof, to the rules and requirements imposed by the Broker and such administrative rules and requirements as may be imposed by the Company. Prior to vesting, the Restricted Shares will be subject to stop transfer instructions given by the Company to the Broker and the transfer agent for the Common Stock. Upon vesting of any Restricted Shares, such stop transfer instructions will be terminated (except to the extent that any Restricted Shares may be sold pursuant to Article V Section 4.4 to satisfy Withholding Requirements (as defined in Section 5.1)Requirements). Upon forfeiture of any Restricted Shares, the Broker and such transfer agent will be instructed to debit such Restricted Shares from such account and return them to the Company. (iv) Unless otherwise determined by the Company, each physical certificate and each Each book entry, in each case entry relating to Restricted Shares may include such restrictive legends instructions in such forms as the Company may deem convenient, expedient, necessary or appropriate relating to the restrictions under this Agreement, applicable securities, tax or other laws or applicable rules of any securities exchange or market.