Common use of Issuance and Delivery of Restricted Shares Clause in Contracts

Issuance and Delivery of Restricted Shares. The Restricted Shares shall be issued upon acceptance and execution hereof by Director (and, if applicable, full payment of the Purchase Price) and shall be delivered to Director upon vesting pursuant to the terms of this Agreement. Prior to vesting, the certificates representing the Restricted Shares awarded hereunder shall be held in escrow by the Assistant Secretary of the Company as provided in Section 10.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Tandy Brands Accessories Inc), Restricted Stock Award Agreement (Tandy Brands Accessories Inc)

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Issuance and Delivery of Restricted Shares. The Restricted Shares shall be issued upon acceptance and execution hereof by Director (and, if applicable, full payment and upon satisfaction of the Purchase Price) and shall be delivered to Director upon vesting pursuant to the terms of this Agreement. Prior to vesting, the The certificates representing the Restricted Shares awarded hereunder shall be held in escrow by the Assistant Secretary of the Company as provided in Section 10.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Chaparral Steel CO)

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Issuance and Delivery of Restricted Shares. The Restricted Shares shall be issued upon acceptance and execution hereof by Director (and, if applicable, full payment and upon satisfaction of the Purchase Price) and shall be delivered to Director upon vesting pursuant to the terms of this Agreement. Prior to vesting, the The certificates representing the Restricted Shares awarded hereunder shall be held in escrow by the Assistant Secretary of the Company as provided in Section 10.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Tandy Brands Accessories Inc)

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