Common use of Delivery of Restricted Stock Clause in Contracts

Delivery of Restricted Stock. The Company shall make a book entry in its stock ledger for the Restricted Stock registered in the Grantee’s name. Upon vesting, certificates for the Restricted Stock will be issued in the name of the Grantee and shall be delivered to the Grantee’s address on record with the Company or to such other address as the Grantee may instruct the Company. The Company shall include a restrictive legend on any stock certificates evidencing shares of Restricted Stock issued under the Plan or under this Agreement or, in the case of uncertificated shares of Restricted Stock issued thereunder, on the required notices described in Section 151(f) of the Delaware General Corporation Law (the “DGCL”).

Delivery of Restricted Stock. The Company shall make a book entry in its stock ledger for the Restricted Stock registered in the Grantee’s name. Upon vesting, certificates certificates, if issued, for the Restricted Stock will be issued in the name of the Grantee and shall be delivered to the Grantee’s address on record with the Company or to such other address as the Grantee may instruct the Company. The Company shall include a restrictive legend on any stock certificates evidencing shares of Restricted Stock issued under the Plan or under this Agreement or, in the case of uncertificated shares of Restricted Stock issued thereunder, on the required notices described in Section 151(f) of the Delaware General Corporation Law (the “DGCL”).