Common use of DEPOSIT OF CERTIFICATE Clause in Contracts

DEPOSIT OF CERTIFICATE. Concurrently with the execution hereof, Employee consents to the delivery to the Company, to be held in escrow by the Company, of the certificate or certificates evidencing the Shares and agrees to execute and deliver to the Company undated stock powers and other instruments of transfer duly executed in favor of the Company by Employee. Employee acknowledges that the certificates evidencing the Shares may have affixed a legend including in the form of Exhibit A hereto.

Appears in 2 contracts

Samples: Restricted Stock and Escrow Agreement (It Group Inc), Restricted Stock and Escrow Agreement (It Group Inc)

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DEPOSIT OF CERTIFICATE. Concurrently with the execution hereof, Employee consents to the delivery to the Company, to be held in escrow by the Company, of the certificate or certificates evidencing the Shares and agrees to execute and deliver to the Company undated stock powers and other instruments of transfer duly executed in favor of the Company by Employee. Employee acknowledges that the certificates evidencing the Shares may will have affixed a legend including in the form of Exhibit A hereto.

Appears in 1 contract

Samples: Stock Incentive Plan (It Group Inc)

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DEPOSIT OF CERTIFICATE. Concurrently with the execution hereof, Employee consents to the delivery to the Company, to be held in escrow by the Company, of the certificate or certificates evidencing the Shares and agrees to execute and deliver to the Company undated stock powers and other instruments of transfer duly executed in favor of the Company by Employee. Employee acknowledges that the certificates evidencing the Shares may will have affixed a legend including in the form of Exhibit A hereto.

Appears in 1 contract

Samples: Restricted Stock and Escrow Agreement (It Group Inc)

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