Escrow of Shares. A certificate representing the Restricted Shares shall be issued in the name of the Participant and shall be escrowed with the Human Resources Department or Chief Financial Officer of the Company (the "Escrow Agent") subject to removal of the restrictions placed thereon or forfeiture pursuant to the terms of this Agreement.
Appears in 11 contracts
Samples: Director Restricted Stock Award Agreement (World Acceptance Corp), Director Restricted Stock Award Agreement (World Acceptance Corp), Executive Restricted Stock Award Agreement (World Acceptance Corp)
Escrow of Shares. A certificate representing the Restricted Shares shall be issued in the name of the Participant (or, in the case of uncertificated shares, other written evidence of ownership in accordance with applicable law shall be provided) as soon as practicable after the Grant Date and shall be escrowed with the Human Resources Department or Chief Financial Officer of the Company (the "βEscrow Agent"β) subject to (i) vesting and removal of the restrictions placed thereon or (ii) forfeiture pursuant to the terms of this Agreement.
Appears in 4 contracts
Samples: Restricted Stock Award Agreement (World Acceptance Corp), Restricted Stock Award Agreement (World Acceptance Corp), Restricted Stock Award Agreement (World Acceptance Corp)
