Escrow of Nonvested Shares. The Company has the right to retain the certificates representing Nonvested Shares in the Company’s possession until such time as all restrictions applicable to such shares have been satisfied.
Appears in 2 contracts
Samples: Restricted Shares Grant Agreement (Longhai Steel Inc.), Restricted Shares Grant Agreement (China Valves Technology, Inc)
Escrow of Nonvested Shares. The Company has the right to retain the certificates representing Nonvested Shares in the Company’s possession until such time as all restrictions applicable to such shares Shares have been satisfied.
Appears in 2 contracts
Samples: Restricted Shares Grant Agreement (China Valves Technology, Inc), Restricted Shares Grant Agreement (China Nutrifruit Group LTD)
