Common use of Deposit of Unvested Shares Clause in Contracts

Deposit of Unvested Shares. Upon Executive’s acceptance of the Company’s offer to issue the Shares to Executive within the time period and in the manner provided in Section 2 of this Agreement, Executive shall deposit or cause to be deposited with the Company, or such person or entity as the Company may designate in writing, the certificate or certificates (as the case may be) representing all of the Unvested Shares, together with a stock assignment separate from certificate duly executed by Executive, in blank, which shall be held by the Company or such designated person, as the case may be, until such Unvested Shares have become Vested Shares.

Deposit of Unvested Shares. Upon Executive’s acceptance At the time of the Company’s offer issuance by the Company of the Restricted Shares pursuant to issue the Shares to Executive within the time period and in the manner provided in Section 2 of this Agreement, Executive such Shares (in certificated or uncertificated form, as the Company may elect) shall deposit or cause to be deposited with the Company, or such person or entity as the Company may designate in writing, the certificate or certificates writing (such as the case may be) representing all of Company’s transfer agent), and Executive shall deliver to the Unvested Shares, together with Company a stock assignment separate from certificate duly executed by Executive, Executive in blank, which shall be held by the Company or such designated person, as the case may be, until such Unvested Shares have become Vested Shares.

Deposit of Unvested Shares. Upon Executive’s acceptance issuance of the Company’s offer Restricted Shares pursuant to issue the Shares to Executive within the time period and in the manner provided in Section 2 of this Agreement, Executive shall deposit or cause to be deposited with the Company, or such person or entity as the Company may designate in writing, the certificate or certificates (as the case may be) representing all of the Unvested Shares, together with a stock assignment separate from certificate duly executed by Executive, Executive in blank, which shall be held by the Company or such designated person, as the case may be, until such Unvested Shares have become Vested Shares.