Common use of Delivery of Stock Clause in Contracts

Delivery of Stock. Shares granted pursuant to this Agreement will be held in escrow by the Company on the Participant’s behalf during any period of restriction thereon and will bear an appropriate legend specifying the applicable restrictions thereon. Whenever Shares subject to the Award are released from restriction, the Company shall issue such unrestricted Shares. The Company shall follow all requisite procedures to deliver such Shares to Participant; provided, however, that such delivery may be postponed to enable the Company to comply with applicable procedures, regulations or listing requirements of any governmental agency, stock exchange or regulatory agency. Alternatively, at the Company’s discretion, shares may be held by the Company or its transfer agent on the Participant’s behalf in book entry form.

Appears in 10 contracts

Samples: Restricted Stock Grant Agreement (Burlington Stores, Inc.), Restricted Stock Grant Agreement (Burlington Stores, Inc.), Restricted Stock Grant Agreement (Burlington Stores, Inc.)

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Delivery of Stock. Shares granted pursuant to this Award Agreement will be held in escrow by the Company on the Participant’s behalf during any period of restriction thereon and will bear an appropriate legend specifying the applicable restrictions thereon. Whenever Shares subject to the Award are released from restriction, the Company shall issue such unrestricted Shares. The Company shall follow all requisite procedures to deliver such Shares to Participant; provided, however, that such delivery may be postponed to enable the Company to comply with applicable procedures, regulations or listing requirements of any governmental agency, stock exchange or regulatory agency. Alternatively, at the Company’s discretion, shares may be held by the Company or its transfer agent on the Participant’s behalf in book entry form.

Appears in 5 contracts

Samples: Restricted Stock Grant Agreement (Burlington Stores, Inc.), Restricted Stock Grant Agreement (Burlington Stores, Inc.), Restricted Stock Grant Agreement (Burlington Stores, Inc.)

Delivery of Stock. Shares granted pursuant to this Award Agreement will may be held in escrow by the Company on the Participant’s behalf during any period of restriction thereon thereon, and in such circumstance, will bear an appropriate legend specifying the applicable restrictions thereon. Alternatively, at the Company’s discretion, shares may be held by the Company or its transfer agent on the Participant’s behalf in book entry form. Whenever Shares subject to the Award are released from restriction, the Company shall issue such unrestricted Shares. The Company shall follow all requisite procedures to deliver such Shares to Participant; provided, however, that such delivery may be postponed to enable the Company to comply with applicable procedures, regulations or listing requirements of any governmental agency, stock exchange or regulatory agency. Alternatively, at the Company’s discretion, shares may be held by the Company or its transfer agent on the Participant’s behalf in book entry form.

Appears in 3 contracts

Samples: Restricted Stock Grant Agreement (Burlington Stores, Inc.), Restricted Stock Grant Agreement (Burlington Stores, Inc.), Restricted Stock Grant Agreement (Burlington Stores, Inc.)

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Delivery of Stock. Shares granted pursuant to this Award Agreement will may be held in escrow by the Company on the Participant’s behalf during any period of restriction thereon thereon, and in such circumstance, will bear an appropriate legend specifying the applicable restrictions thereon. Alternatively, at the Company’s discretion, shares may be held by the Company or its transfer agent on the Participant’s behalf in book entry form. Whenever Shares subject to the Award are released from restriction, the Company shall issue such unrestricted Shares. The Company shall follow all requisite procedures to deliver such Shares to Participant; provided, however, that such delivery may be postponed to enable the Company to comply with applicable 2 GLG-206068.4 procedures, regulations or listing requirements of any governmental agency, stock exchange or regulatory agency. Alternatively, at the Company’s discretion, shares may be held by the Company or its transfer agent on the Participant’s behalf in book entry form.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (Burlington Stores, Inc.)

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