Enforcement of Restrictions. To enforce the Restrictions imposed by this Agreement and the Plan, the Company may place a legend on the stock certificates referring to the Restrictions and may require the Grantee, until the Restrictions have lapsed with respect to Award Shares, to keep the stock certificates evidencing such Award Shares, together with duly endorsed stock powers, in the custody of the Company or its transfer agent or to maintain evidence of stock ownership of such Award Shares, together with duly endorsed stock powers, in a certificateless book-entry stock account with the Company’s transfer agent.
Appears in 6 contracts
Samples: Restricted Stock Award Agreement (Bio Key International Inc), Restricted Stock Award Agreement (Mikros Systems Corp), Restricted Stock Award Agreement (Smart Sand, Inc.)
Enforcement of Restrictions. To enforce the Restrictions imposed by this Agreement and the Plan, the Company Committee may place a legend on the stock certificates referring to the Restrictions and may require the Grantee, until the Restrictions have lapsed with respect to Award Shares, to keep the stock certificates evidencing such Award Shares, together with duly endorsed stock powers, in the custody of the Company or its transfer agent or to maintain evidence of stock ownership of such Award Shares, together with duly endorsed stock powers, in a certificateless book-entry stock account with the Company’s 's transfer agent.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Tricord Systems Inc /De/), Restricted Stock Award Agreement (Tricord Systems Inc /De/)
Enforcement of Restrictions. To enforce the Restrictions restrictions on transfer imposed by this Agreement and the Plan, the Company may place a legend on the stock certificates referring to the Restrictions restrictions and may require the Grantee, until all restrictions on the Restrictions Award Shares have lapsed with respect to Award Shareslapsed, to keep the stock certificates evidencing such Award Shares, together with duly endorsed stock powers, in the custody of the Company or its transfer agent or to maintain evidence of stock ownership of such Award Shares, together with duly endorsed stock powers, in a certificateless book-entry stock account with the Company’s transfer agent.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (BeneChill, Inc.), Restricted Stock Award Agreement (BeneChill, Inc.)
Enforcement of Restrictions. To enforce the Restrictions imposed by this Agreement and the PlanAgreement, the Company may place a legend on the stock certificates referring to the Restrictions and may require the Grantee, until the Restrictions have lapsed with respect to Award Shares, to keep the stock certificates evidencing such Award Shares, together with duly endorsed stock powers, in the custody of the Company or its transfer agent or to maintain evidence of stock ownership of such Award Shares, together with duly endorsed stock powers, in a certificateless book-entry stock account with the Company’s 's transfer agent.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Tricord Systems Inc /De/), Restricted Stock Award Agreement (Tricord Systems Inc /De/)