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”).

Appears in 4 contracts

Samples: Restricted Stock Agreement (iDcentrix, Inc.), Restricted Stock and Compensation Agreement (iDcentrix, Inc.), Restricted Stock and Compensation Agreement (iDcentrix, Inc.)

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