Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of Participant, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Long Term Incentive Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation and the registered owner of such shares. Copies of the Plan and the Agreement are on file in the office of the Secretary of Teton Energy Corporation, 000 00xx Xxxxxx, Xxxxx 0000, Xxxxxx, Xxxxxxxx 00000.” (b) Participant shall execute stock powers relating to the Shares and deliver the same to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited. (c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the Secretary. The Secretary or such custodian shall issue a receipt to Participant evidencing the certificate or certificates held which are registered in the name of Participant. (d) After any Shares vest pursuant to Section 2 hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of the legend provided in section 5(a) hereof, and shall cause such certificate or certificates to be delivered to Participant or Participant’s legal representatives, beneficiaries or heirs.
Appears in 3 contracts
Samples: Employment Agreement (Teton Energy Corp), Employment Agreement (Teton Energy Corp), Restricted Stock Award Agreement (Teton Energy Corp)
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of Participant, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Long 2018 Long-Term Stock Incentive Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation WiSA Technologies, Inc. and the registered owner of such shares. Copies of the Plan and the Agreement are on file in the office of the Secretary of Teton Energy CorporationWiSA Technologies, 000 00xx XxxxxxInc., Xxxxx 000000000 XX Xxxxxxxxxx Xxxx, XxxxxxXxxxxxxxx, Xxxxxxxx XX 00000.”
(b) Participant shall execute stock powers relating to the Shares and deliver the same to the Company. The Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the Secretary. The Secretary or such custodian shall issue a receipt to Participant evidencing the certificate or certificates held which are registered in the name of Participant.
(d) After any Shares vest pursuant to Section 2 hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of the legend provided in section 5(a) hereof, and shall cause such certificate or certificates to be delivered to Participant or Participant’s legal representatives, beneficiaries or heirs.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Wisa Technologies, Inc.), Restricted Stock Award Agreement (Wisa Technologies, Inc.)
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of Participant, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “"The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Long Term ADC Telecommunications, Inc. Global Stock Incentive Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation ADC Telecommunications, Inc. and the registered owner of such shares. Copies of the Plan and the Agreement are on file in the office of the Secretary of Teton Energy CorporationADC Telecommunications, 000 00xx XxxxxxInc., Xxxxx 000000000 Xxxxxxxxxx Xxxxx, XxxxxxXxxx Xxxxxxx, Xxxxxxxx 00000Xxxxxxxxx.”"
(b) Participant shall execute stock powers relating to the Shares and deliver the same to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the Secretary. The Secretary or such custodian shall issue a receipt to Participant evidencing the certificate or certificates held which are registered in the name of Participant.
(d) After any Shares vest pursuant to Section 2 hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of the legend provided in section 5(a) hereof, and shall cause such certificate or certificates to be delivered to Participant or Participant’s 's legal representatives, beneficiaries or heirs.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Adc Telecommunications Inc), Restricted Stock Award Agreement (Adc Telecommunications Inc)
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of Participant, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Long 2018 Long-Term Stock Incentive Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation WiSA Technologies, Inc. and the registered owner of such shares. Copies of the Plan and the Agreement are on file in the office of the Secretary of Teton Energy CorporationWiSA Technologies, 000 00xx XxxxxxInc., Xxxxx 000010000 XX Xxxxxxxxxx Xxxx, XxxxxxXxxxxxxxx, Xxxxxxxx XX 00000.”
(b) Participant shall execute stock powers relating to the Shares and deliver the same to the Company. The Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the Secretary. The Secretary or such custodian shall issue a receipt to Participant evidencing the certificate or certificates held which are registered in the name of Participant.
(d) After any Shares vest pursuant to Section 2 hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of the legend provided in section 5(a) hereof, and shall cause such certificate or certificates to be delivered to Participant or Participant’s legal representatives, beneficiaries or heirs.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Wisa Technologies, Inc.), Restricted Stock Award Agreement (Wisa Technologies, Inc.)
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of Participant, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 2013 Long Term Incentive Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation Nxt-ID, Inc. and the registered owner of such shares. Copies of the Plan and the Agreement are on file in the office of the Secretary of Teton Energy CorporationNxt-ID, 000 00xx XxxxxxInc., Xxxxx 0000, Xxxxxx, Xxxxxxxx 00000[_______________].”
(b) Participant shall execute stock powers relating to the Shares and deliver the same to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the Secretary. The Secretary or such custodian shall issue a receipt to Participant evidencing the certificate or certificates held which are registered in the name of Participant.
(d) After any Shares vest pursuant to Section 2 hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of the legend provided in section 5(a) hereof, and shall cause such certificate or certificates to be delivered to Participant or Participant’s legal representatives, beneficiaries or heirs.
Appears in 2 contracts
Samples: Stock Option Agreement (NXT-Id, Inc.), Stock Option Agreement (NXT-Id, Inc.)
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of ParticipantExecutive, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legendlegends: “"The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Long Term Incentive Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation Enzon Pharmaceuticals, Inc. (formerly known as Enzon, Inc.) and the registered owner of such sharesshares dated _______________. Copies A Copy of the Plan and the Restricted Stock Award Agreement are is on file in the office of the Secretary of Teton Energy CorporationEnzon Pharmaceuticals, 000 00xx Xxxxxx, Xxxxx 0000, Xxxxxx, Xxxxxxxx 00000.”Inc."
(b) Participant Contemporaneous with the execution hereof, Executive shall execute cause stock powers relating to the Shares and deliver the same executed by Executive to be delivered to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the Secretary. The Secretary or such custodian shall issue a receipt to Participant Executive evidencing the certificate or certificates held which are registered in the name of ParticipantExecutive.
(d) After any Shares subject to this Agreement vest pursuant to Section Sections 2 or 4(b) hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of Shares without the legal legend provided called for in section Section 5(a) hereof, and shall cause such certificate or certificates (together with the stock powers relating to the Shares) to be released and delivered to Participant Executive or Participant’s Executive's legal representatives, beneficiaries or heirs.
(e) Prior to issuance of the Shares, the Company shall have caused such issuance to be registered under the Securities Act of 1933, as amended.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Enzon Pharmaceuticals Inc)
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of Participant, Mr. Aristides evidencing the Sharesrestricted Common Shares awarded pursuant to Section 1. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “The shares of common stock represented by this certificate are subject to forfeiture, forfeiture and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Graco Inc. Long Term Stock Incentive Plan (the “Plan”) and a Restricted Stock Award an Agreement (the “Agreement”) entered into between Teton Energy Corporation and the registered owner of such shares. Copies shares and Graco Inc. A copy of the Plan and the Agreement are is on file in the office of the Secretary of Teton Energy CorporationGraco Inc., 000 00xx Xxxxxx0000 Xxxxx Xxxxxxxx Highway, Xxxxx 0000Golden Valley, Xxxxxx, Xxxxxxxx 00000Minnesota.”
(b) Participant shall execute stock powers relating to the Shares and deliver the same to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof4(a), together with the stock powers relating to the such Common Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the such Secretary. The Secretary or such custodian shall issue a receipt to Participant Mr. Aristides evidencing the certificate or certificates held which are registered in the name of ParticipantMr. Aristides.
(dc) After Promptly after any Common Shares vest pursuant to Section 2 hereof3 of this Agreement, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Common Shares, free of the legend provided in section 5(aSection 4(a) hereof, and shall cause such certificate or certificates to be delivered to Participant Mr. Aristides (or Participant’s Mr. Aristides' legal representatives, beneficiaries or heirs).
(d) Mr. Aristides shall not be deemed for any purpose to be, or have rights as, a shareholder of the Company by virtue of the Award, until a stock certificate is issued therefor pursuant to Section 4(a).
Appears in 1 contract
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of Participant, Mr. Roberts evidencing the Sharesrexxxxxxxx Common Shares awarded pursuant to Section 1. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “The shares of common stock represented by this certificate are subject to forfeiture, forfeiture and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Long Term Graco Inc. Stock Incentive Plan (the “Plan”) and a Restricted Stock Award an Agreement (the “Agreement”) entered into between Teton Energy Corporation and the registered owner of such shares. Copies shares and Graco Inc. A copy of the Plan and the Agreement are is on file in the office of the Secretary of Teton Energy CorporationGraco Inc., 000 00xx Xxxxxx88-11th Avenue NE, Xxxxx 0000Minneapolis, Xxxxxx, Xxxxxxxx 00000.”
(b) Participant shall execute stock powers relating to the Shares and deliver the same to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeitedMxxxxxxxx.
(cx) Each certificate issued Xxxx xxxxxxxxxxx xssued pursuant to Section 5(a) hereof4(a), together with the stock powers relating to the such Common Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the such Secretary. The Secretary or such custodian shall issue a receipt to Participant Mr. Roberts evidencing the certificate or certificates cexxxxxxxxxx held which are registered in the name of ParticipantMr. Roberts.
(dc) After any Promptlx xxxxx xxy Common Shares vest pursuant to Section 2 hereof3 of this Agreement, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Common Shares, free of the legend provided in section 5(aSection 4(a) hereof, and shall cause such certificate or certificates to be delivered to Participant Mr. Roberts (or Participant’s legal representativesMr. Roberts' legax xxxxxxxxxativex, beneficiaries xxxxxxxxaries or heirs).
(d) Mr. Roberts shall not be deemex xxx xxx purpose to be, or have rights as, a shareholder of the Company by virtue of the Award, until a stock certificate is issued therefor pursuant to Section 4(a).
Appears in 1 contract
Samples: Restricted Stock Award (Graco Inc)
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of Participant, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Long Term ADC Telecommunications, Inc. Global Stock Incentive Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation ADC Telecommunications, Inc. and the registered owner of such shares. Copies of the Plan and the Agreement are on file in the office of the Secretary of Teton Energy CorporationADC Telecommunications, 000 00xx XxxxxxInc., Xxxxx 000000000 Xxxxxxxxxx Xxxxx, XxxxxxXxxx Xxxxxxx, Xxxxxxxx 00000Xxxxxxxxx.”
(b) Participant shall execute stock powers relating to the Shares and deliver the same to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the Secretary. The Secretary or such custodian shall issue a receipt to Participant evidencing the certificate or certificates held which are registered in the name of Participant.
(d) After any Shares vest pursuant to Section 2 hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of the legend provided in section 5(a) hereof, and shall cause such certificate or certificates to be delivered to Participant or Participant’s legal representatives, beneficiaries or heirs.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Adc Telecommunications Inc)
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of Participant, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Long Term Incentive Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation and the registered owner of such shares. Copies of the Plan and the Agreement are on file in the office of the Secretary of Teton Energy Corporation, 000 00xx Xxxxxx, Xxxxx 0000, Xxxxxx, Xxxxxxxx 00000.”
(b) Participant shall execute stock powers relating to the Shares and deliver the same to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the SecretarySecretary to be held until the applicable vesting date. The Secretary or such custodian shall issue a receipt to Participant evidencing the certificate or certificates held which are registered in the name of Participant.
(d) After any Shares vest pursuant to Section 2 hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of the legend provided in section 5(a) hereof, and shall cause such certificate or certificates to be delivered to Participant or Participant’s legal representatives, beneficiaries or heirs.
Appears in 1 contract
Samples: Performance Based Restricted Stock Award Agreement (Teton Energy Corp)
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of ParticipantExecutive, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legendlegends: “"The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in an Employment Agreement entered into between Enzon, Inc. and the 2005 Long Term Incentive Plan (the “Plan”) registered owner of such shares dated May __, 2001 and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation Enzon, Inc. and the registered owner of such shares. Copies of the Plan Employment Agreement and the Restricted Stock Award Agreement are on file in the office of the Secretary of Teton Energy CorporationEnzon, 000 00xx Xxxxxx, Xxxxx 0000, Xxxxxx, Xxxxxxxx 00000.”Inc."
(b) Participant Executive shall execute cause stock powers relating to the Shares and deliver the same executed by Executive to be delivered to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the Secretary. The Secretary or such custodian shall issue a receipt to Participant Executive evidencing the certificate or certificates held which are registered in the name of ParticipantExecutive.
(d) After any Shares subject to this Agreement vest pursuant to Section Sections 2 or 4(b) hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of (together with the legend provided in section 5(astock powers relating to the Shares) hereof, and shall cause such certificate or certificates to be released and delivered to Participant Executive or Participant’s Executive's legal representatives, beneficiaries or heirs.
(e) Prior to issuance of the Shares, the Company shall have caused such issuance to be registered under the Securities Act of 1933, as amended.
Appears in 1 contract
Samples: Employment Agreement (Enzon Inc)
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of ParticipantExecutive, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legendlegends: “"The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Long Term Incentive Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation Enzon Pharmaceuticals, Inc. (formerly known as Enzon, Inc.) and the registered owner of such sharesshares dated _________, 2004. Copies A Copy of the Plan and the Restricted Stock Award Agreement are is on file in the office of the Secretary of Teton Energy CorporationEnzon Pharmaceuticals, 000 00xx Xxxxxx, Xxxxx 0000, Xxxxxx, Xxxxxxxx 00000.”Inc."
(b) Participant Contemporaneous with the execution hereof, Executive shall execute cause stock powers relating to the Shares and deliver the same executed by Executive to be delivered to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the Secretary. The Secretary or such custodian shall issue a receipt to Participant Executive evidencing the certificate or certificates held which are registered in the name of ParticipantExecutive.
(d) After any Shares subject to this Agreement vest pursuant to Section Sections 2 or 4(b) hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of Shares without the legal legend provided called for in section Section 5(a) hereof, and shall cause such certificate or certificates (together with the stock powers relating to the Shares) to be released and delivered to Participant Executive or Participant’s Executive's legal representatives, beneficiaries or heirs.
(e) Prior to issuance of the Shares, the Company shall have caused such issuance to be registered under the Securities Act of 1933, as amended.
Appears in 1 contract
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of ParticipantGrantee, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “legends:
(i) The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Long Metris Companies Long-Term Incentive and Stock Option Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation Metris Companies Inc. and the registered owner of such shares. Copies of the Plan and the Agreement are on file in the office of the Secretary Vice President of Teton Energy CorporationHuman Resources at its principal executive offices.
(ii) The securities represented by this certificate have not been registered under the Securities Act of 1933 or any applicable state securities laws. Such securities may not be sold, 000 00xx Xxxxxx, Xxxxx 0000, Xxxxxx, Xxxxxxxx 00000transferred or otherwise disposed of without (i) the opinion of counsel satisfactory to the issuer of such securities that such transfer may lawfully be made without registration or qualification under the Securities Act of 1933 and applicable state securities laws or (ii) such registration or qualification.”"
(b) Participant Grantee shall execute cause stock powers relating to the Shares and deliver the same executed by Grantee to be delivered to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the Secretary. The Upon request, the Secretary or such custodian shall issue a receipt to Participant Grantee evidencing the certificate or certificates held which are registered in the name of ParticipantGrantee.
(d) After any Shares vest pursuant to Section 2 Sections 2(a), 2(b) or 4(b) hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of the legend provided in section 5(aSection 5(a)(i) hereof and, subject to receipt of an opinion of counsel satisfactory to the Company (which may be counsel for the Company), free of the legend provided in Section 5(a)(ii) hereof, and shall cause such certificate or certificates and the stock powers relating to such vested Shares to be delivered to Participant Grantee or Participant’s Grantee's legal representatives, beneficiaries or heirs.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Metris Companies Inc)
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of Participant, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 2013 Long Term Incentive Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation xG Technology, Inc. and the registered owner of such shares. Copies of the Plan and the Agreement are on file in the office of the Secretary of Teton Energy CorporationxG Technology, 000 00xx XxxxxxInc., Xxxxx 0000, Xxxxxx, Xxxxxxxx 00000[_______________].”
(b) Participant shall execute stock powers relating to the Shares and deliver the same to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the Secretary. The Secretary or such custodian shall issue a receipt to Participant evidencing the certificate or certificates held which are registered in the name of Participant.
(d) After any Shares vest pursuant to Section 2 hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of the legend provided in section 5(a) hereof, and shall cause such certificate or certificates to be delivered to Participant or Participant’s legal representatives, beneficiaries or heirs.
Appears in 1 contract
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of Participant, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Long Term Uroplasty, Inc. 2006 Stock and Incentive Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation Uroplasty, Inc. and the registered owner of such shares. Copies of the Plan and the Agreement are on file in the office of the Secretary Chief Financial Officer of Teton Energy CorporationUroplasty, 000 00xx XxxxxxInc., 0000 Xxxxx 0000Xxxx, XxxxxxXxxxxxxxxx, Xxxxxxxx XX 00000.”
(b) Participant shall execute stock powers relating to the Shares and deliver the same to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, hereof shall be deposited by the Company with the Secretary Chief Financial Officer of the Company or a custodian designated by the SecretaryChief Financial Officer. The Secretary or such custodian shall issue a receipt Upon forfeiture pursuant to Section 4, the Participant evidencing hereby authorizes the Chief Financial Officer to surrender the certificate or certificates held which are registered for cancellation and has executed an assignment separate from certificate in the name form of ParticipantExhibit I attached hereto to facilitate such cancellation.
(dc) After any Shares vest pursuant to Section 2 or 4 hereof, or Section 12 of the Plan, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of the legend provided set forth in section Section 5(a) hereof, and shall cause such certificate or certificates to be delivered to Participant or Participant’s legal representatives, beneficiaries or heirs, as the case may be.
Appears in 1 contract
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of ParticipantExecutive, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legendlegends: “"The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in an Employment Agreement entered into between Enzon, Inc. and the 2005 Long Term Incentive Plan (the “Plan”) registered owner of such shares dated May 9, 2001, as amended as of May 23, 2001 and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation Enzon, Inc. and the registered owner of such shares. Copies of the Plan Employment Agreement and the Restricted Stock Award Agreement are on file in the office of the Secretary of Teton Energy CorporationEnzon, 000 00xx Xxxxxx, Xxxxx 0000, Xxxxxx, Xxxxxxxx 00000.”Inc."
(b) Participant Executive shall execute cause stock powers relating to the Shares and deliver the same executed by Executive to be delivered to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the Secretary. The Secretary or such custodian shall issue a receipt to Participant Executive evidencing the certificate or certificates held which are registered in the name of ParticipantExecutive.
(d) After any Shares subject to this Agreement vest pursuant to Section Sections 2 or 4(b) hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of (together with the legend provided in section 5(astock powers relating to the Shares) hereof, and shall cause such certificate or certificates to be released and delivered to Participant Executive or Participant’s Executive's legal representatives, beneficiaries or heirs.
(e) Prior to issuance of the Shares, the Company shall have caused such issuance to be registered under the Securities Act of 1933, as amended.
Appears in 1 contract
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of Participant, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “"The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Long Term ADC Telecommunications, Inc. Global Stock Incentive Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation ADC Telecommunications, Inc. and the registered owner of such shares. Copies of the Plan and the Agreement are on file in the office of the Secretary of Teton Energy CorporationADC Telecommunications, 000 00xx XxxxxxInc., Xxxxx 000000000 Xxxxxxxxxx Xxxxx, XxxxxxXxxxxxxxxx, Xxxxxxxx 00000Xxxxxxxxx.”"
(b) Participant shall execute cause stock powers relating to the Shares and deliver the same executed by Participant to be delivered to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the Secretary. The Secretary or such custodian shall issue a receipt to Participant evidencing the certificate or certificates held which are registered in the name of Participant.
(d) After any Shares vest pursuant to Section 2 hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of the legend provided in section 5(a) hereof, and shall cause such certificate or certificates to be delivered to Participant or Participant’s 's legal representatives, beneficiaries or heirs.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Adc Telecommunications Inc)
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of ParticipantExecutive, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legendlegends: “"The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Long Term Incentive Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation Enzon Pharmaceuticals, Inc. (formerly known as Enzon, Inc.) and the registered owner of such sharesshares dated December __, 2002. Copies A Copy of the Plan and the Restricted Stock Award Agreement are is on file in the office of the Secretary of Teton Energy CorporationEnzon Pharmaceuticals, 000 00xx Xxxxxx, Xxxxx 0000, Xxxxxx, Xxxxxxxx 00000.”Inc."
(b) Participant Executive shall execute cause stock powers relating to the Shares and deliver the same executed by Executive to be delivered to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the Secretary. The Secretary or such custodian shall issue a receipt to Participant Executive evidencing the certificate or certificates held which are registered in the name of ParticipantExecutive.
(d) After any Shares subject to this Agreement vest pursuant to Section Sections 2 or 4(b) hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of (together with the legend provided in section 5(astock powers relating to the Shares) hereof, and shall cause such certificate or certificates to be released and delivered to Participant Executive or Participant’s Executive's legal representatives, beneficiaries or heirs.
(e) Prior to issuance of the Shares, the Company shall have caused such issuance to be registered under the Securities Act of 1933, as amended.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Enzon Pharmaceuticals Inc)
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of ParticipantExecutive, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legendlegends: “"The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Long Term Incentive Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation Enzon Pharmaceuticals, Inc. (formerly known as Enzon, Inc.) and the registered owner of such sharesshares dated December 5, 2003. Copies A Copy of the Plan and the Restricted Stock Award Agreement are is on file in the office of the Secretary of Teton Energy CorporationEnzon Pharmaceuticals, 000 00xx Xxxxxx, Xxxxx 0000, Xxxxxx, Xxxxxxxx 00000.”Inc."
(b) Participant Contemporaneous with the execution hereof, Executive shall execute cause stock powers relating to the Shares and deliver the same executed by Executive to be delivered to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the Secretary. The Secretary or such custodian shall issue a receipt to Participant Executive evidencing the certificate or certificates held which are registered in the name of ParticipantExecutive.
(d) After any Shares subject to this Agreement vest pursuant to Section Sections 2 or 4(b) hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of (together with the legend provided in section 5(astock powers relating to the Shares) hereof, and shall cause such certificate or certificates to be released and delivered to Participant Executive or Participant’s Executive's legal representatives, beneficiaries or heirs.
(e) Prior to issuance of the Shares, the Company shall have caused such issuance to be registered under the Securities Act of 1933, as amended.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Enzon Pharmaceuticals Inc)
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of Participant, the Employee evidencing the Sharesrestricted Common Shares awarded pursuant to Section 1. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “The shares of common stock represented by this certificate are subject to forfeiture, forfeiture and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Graco Inc. Long Term Stock Incentive Plan (the “Plan”) and a Restricted Stock Award an Agreement (the “Agreement”) entered into between Teton Energy Corporation and the registered owner of such shares. Copies shares and Graco Inc. A copy of the Plan and the Agreement are is on file in the office of the Secretary of Teton Energy CorporationGraco Inc., 000 00xx Xxxxxx88 11th Ave. N.E., Xxxxx 0000Minneapolis, Xxxxxx, Xxxxxxxx MN. 00000.”
(b) Participant shall execute stock powers relating to the Shares and deliver the same to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(cx) Each certificate issued Xxxx xxxxxxxxxxx xxsued pursuant to Section 5(a) hereof4(a), together with the stock powers relating to the such Common Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the such Secretary. The Secretary or such custodian shall issue a receipt to Participant the Employee evidencing the certificate or certificates held which are registered in the name of Participantthe Employee.
(dc) After Promptly after any Common Shares vest pursuant to Section 2 hereofthis Agreement, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Common Shares, free of the legend provided in section 5(aSection 4(a) hereof, and shall cause such certificate or certificates to be delivered to Participant the Employee (or Participant’s he Employee's legal representatives, beneficiaries or heirs).
(d) The Employee shall not be deemed for any purpose to be, or have rights as, a shareholder of the Company by virtue of the Award, until a stock certificate is issued therefor pursuant to Section 4(a).
Appears in 1 contract
Samples: Restricted Stock Award (Graco Inc)
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of Participant, the Employee evidencing the Sharesrestricted Common Shares awarded pursuant to Section 1. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “The shares of common stock represented by this certificate are subject to forfeiture, forfeiture and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Long Term Graco Inc. Stock Incentive Plan (the “Plan”) and a Restricted Stock Award an Agreement (the “Agreement”) entered into between Teton Energy Corporation and the registered owner of such shares. Copies shares and Graco Inc. A copy of the Plan and the Agreement are is on file in the office of the Secretary of Teton Energy CorporationGraco Inc., 000 00 00xx XxxxxxXxx. X.X., Xxxxx 0000Xxxxxxxxxxx, Xxxxxx, Xxxxxxxx XX. 00000.”
(b) Participant shall execute stock powers relating to the Shares and deliver the same to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof4(a), together with the stock powers relating to the such Common Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the such Secretary. The Secretary or such custodian shall issue a receipt to Participant the Employee evidencing the certificate or certificates held which are registered in the name of Participantthe Employee.
(dc) After Promptly after any Common Shares vest pursuant to Section 2 hereofthis Agreement, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Common Shares, free of the legend provided in section 5(aSection 4(a) hereof, and shall cause such certificate or certificates to be delivered to Participant the Employee (or Participanthe Employee’s legal representatives, beneficiaries or heirs).
(d) The Employee shall not be deemed for any purpose to be, or have rights as, a shareholder of the Company by virtue of the Award, until a stock certificate is issued therefor pursuant to Section 4(a).
Appears in 1 contract
Issuance and Custody of Certificate. (a) The Company Corporation shall cause to be issued one or more stock certificates, registered in the name of the Participant, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “The shares of common stock represented by this certificate are subject to forfeitureTHE SALE, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictionsTRANSFER OR ASSIGNMENT OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE TERMS AND CONDITIONS OF A CERTAIN RESTRICTED STOCK AWARD AGREEMENT DATED AS OF DECEMBER 1, terms and conditions (including restrictions against transfer) contained in the 2005 Long Term Incentive Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation and the registered owner of such shares2008 AS AMENDED FROM TIME TO TIME AND THE 2008 FIRST BANCORP OMNIBUS INCENTIVE PLAN. Copies of the Plan and the Agreement are on file in the office of the Secretary of Teton Energy Corporation, 000 00xx Xxxxxx, Xxxxx 0000, Xxxxxx, Xxxxxxxx 00000COPIES OF SUCH AGREEMENT AND PLAN MAY BE OBTAINED AT NO COST BY WRITTEN REQUEST MADE BY THE HOLDER OF RECORD OF THIS CERTIFICATE TO THE SECRETARY OF THE CORPORATION.”
(b) Participant shall execute stock powers relating to the Shares and deliver the same to the CompanyCorporation. Company The Corporation shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company Corporation with the Secretary of the Company Board of Directors (the “Secretary”) of the Corporation or a custodian designated by the Secretary. The Secretary or such custodian shall issue a receipt to Participant evidencing the certificate or certificates held which are registered in the name of Participant.
(d) After any Shares vest pursuant to Section 2 3 hereof, the Company Corporation shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of the legend provided in section 5(a) hereof, and shall cause such certificate or certificates to be delivered to the Participant or the Participant’s legal representatives, beneficiaries or heirs.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (First Bancorp /Pr/)
Issuance and Custody of Certificate. (a) The Company shall cause to be issued one or more stock certificates, registered in the name of Participant, evidencing the Shares. Each such certificate (except for certificates in respect of shares to be sold for taxes) shall bear the following legend: “"The shares of common stock represented by this certificate are subject to forfeiture, and the transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in the 2005 Long Term ADC Telecommunications, Inc. Global Stock Incentive Plan (the “Plan”) and a Restricted Stock Award Agreement (the “Agreement”) entered into between Teton Energy Corporation ADC Telecommunications, Inc. and the registered owner of such shares. Copies of the Plan and the Agreement are on file in the office of the Secretary of Teton Energy CorporationADC Telecommunications, 000 00xx XxxxxxInc., Xxxxx 000000000 Xxxxxxxxxx Xxxxx, XxxxxxXxxxxxxxxx, Xxxxxxxx 00000Xxxxxxxxx.”"
(b) Participant shall execute cause stock powers relating to the Shares and deliver the same executed by Participant to be delivered to the Company. Company shall use such stock powers only for the purpose of canceling any unvested Shares that are forfeited.
(c) Each certificate issued pursuant to Section 5(a) hereof, together with the stock powers relating to the Shares, shall be deposited by the Company with the Secretary of the Company or a custodian designated by the Secretary. The Secretary or such custodian shall issue a receipt to Participant evidencing the certificate or certificates held which are registered in the name of Participant.
(d) After any Shares vest pursuant to Section Sections 2 or 4 hereof, the Company shall promptly cause to be issued a certificate or certificates evidencing such vested Shares, free of the legend provided in section 5(a) hereof, and shall cause such certificate or certificates to be delivered to Participant or Participant’s 's legal representatives, beneficiaries or heirs.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Adc Telecommunications Inc)