Common use of Delivery of Shares to Custodian Clause in Contracts

Delivery of Shares to Custodian. As soon as practicable after the date hereof, Stockholder shall deliver the certificates representing the Shares (together with related stock powers duly endorsed for transferability) to X'Xxxxxx & Xxxxxx, LLC (the "Custodian"), which shall retain custody of the Shares and stock powers until they are tendered pursuant to Section 2.3. 2.2

Appears in 6 contracts

Samples: Stockholder Agreement (Falcon Products Inc /De/), Stockholder Agreement (Falcon Products Inc /De/), Stockholder Agreement (Falcon Products Inc /De/)

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Delivery of Shares to Custodian. As soon as practicable after the date ------------------------------- hereof, Stockholder shall deliver the certificates representing the Shares (together with related stock powers duly endorsed for transferability) to X'Xxxxxx & Xxxxxx, LLC (the "Custodian"), which shall retain custody of the Shares and stock powers until they are tendered pursuant to Section 2.3. 2.2.

Appears in 3 contracts

Samples: Exhibit 9 Stockholder Agreement (Shelby Williams Industries Inc), Stockholder Agreement (Shelby Williams Industries Inc), 8 Stockholder Agreement (Shelby Williams Industries Inc)

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