Escrow and Delivery of Shares. 5.1 Certificates representing the Restricted Shares shall be issued in the name of the Participant but shall be retained by the Company unless and until the Transfer Restrictions lapse.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Air Methods Corp), Equity Incentive Plan Restricted Stock Agreement (Air Methods Corp)
Escrow and Delivery of Shares. 5.1 Certificates representing the Restricted Shares shall be issued in the name of the Participant but shall be retained by and delivered to the Company unless Participant as soon as reasonably practicable after the Participant has executed and until delivered this Award Agreement to the Transfer Restrictions lapseCompany.
Appears in 1 contract
Escrow and Delivery of Shares. 5.1 Certificates representing the Restricted Shares shall be issued in the name of the Participant but shall be retained and held by the Company unless in escrow and shall remain in the custody of the Company until (i) their delivery to the Transfer Restrictions lapseParticipant or his or her estate as set forth in Section 5.2, or (ii) their forfeiture and transfer to the Company as set forth in Section 3.2.
Appears in 1 contract
