Common use of Grant of Restricted Stock Award Clause in Contracts

Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be registered in the name of the Participant and held by the Company, together with a stock power executed by the Participant in favor of the Company, pending the vesting or forfeiture of the Restricted Stock. Notwithstanding the foregoing, the Company may, in its sole discretion, issue Restricted Stock in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awards.

Appears in 26 contracts

Samples: 2019 Equity Incentive Plan (Northfield Bancorp, Inc.), 2019 Equity Incentive Plan (Northfield Bancorp, Inc.), 2019 Equity Incentive Plan (Northfield Bancorp, Inc.)

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Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be registered in the name of the Participant and held by the Company, together with a stock power executed by the Participant in favor of the Company, pending the vesting or forfeiture of the this Restricted StockStock Award. Notwithstanding the foregoing, the Company may, may in its sole discretion, issue this Restricted Stock Award in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awardsthis Restricted Stock Award.

Appears in 3 contracts

Samples: Restricted Stock Agreement (First Niagara Financial Group Inc), Restricted Stock Agreement (First Niagara Financial Group Inc), Restricted Stock Agreement (First Niagara Financial Group Inc)

Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock. The shares of Restricted Stock that will may be registered evidenced in such manner as the name of Committee determines, including electronically and/or solely on the Participant books and held records maintained by the Companytransfer agent. 6. If certificated, together with the certificates evidencing the Restricted Stock Award will bear a stock power executed by legend restricting the Participant in favor of the Company, pending the vesting or forfeiture transferability of the Restricted Stock. Notwithstanding the foregoing, the Company may, in its sole discretion, issue The Restricted Stock awarded to the Participant will not be sold, encumbered hypothecated or otherwise transferred except in any other format (e.g., electronically) in order to facilitate accordance with the paperless transfer terms of such Awardsthe Plan and this Agreement.

Appears in 2 contracts

Samples: Equity Incentive Plan (Esquire Financial Holdings, Inc.), 2024 Equity Incentive Plan (Pathfinder Bancorp, Inc.)

Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock that will be registered in the name of the Participant and held by the Company, together with a stock power executed by the Participant in favor of the Company, pending the vesting or forfeiture of the Restricted Stock. Notwithstanding the foregoing, the Company may, in its sole discretion, issue Restricted Stock in any other format (e.g., electronically) in order to facilitate the paperless transfer of such Awardsthis Restricted Stock Award.

Appears in 2 contracts

Samples: Equity Incentive Plan (Territorial Bancorp Inc.), Equity Incentive Plan (Territorial Bancorp Inc.)

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Grant of Restricted Stock Award. The Restricted Stock Award will be in the form of issued and outstanding shares of Stock. The shares of Restricted Stock that will may be registered evidenced in such manner as the name of Committee determines, including electronically and/or solely on the Participant books and held records maintained by the Companytransfer agent. If certificated, together with the certificates evidencing the Restricted Stock Award will bear a stock power executed by legend restricting the Participant in favor of the Company, pending the vesting or forfeiture transferability of the Restricted Stock. Notwithstanding the foregoing, the Company may, in its sole discretion, issue The Restricted Stock awarded to the Participant will not be sold, encumbered hypothecated or otherwise transferred except in any other format (e.g., electronically) in order to facilitate accordance with the paperless transfer terms of such Awardsthe Plan and this Agreement.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (First Seacoast Bancorp, Inc.)

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