Common use of Issuance and Delivery of Shares Clause in Contracts

Issuance and Delivery of Shares. Once vested, the shares of vested Restricted Stock will be delivered to the Employee via electronic delivery to the Employee’s account with the Company’s stock plan administrator and will be freely transferable by the Employee. The Committee may change the procedure for issuance and delivery of shares of vested Restricted Stock at any time. Notwithstanding any other provision of this Restricted Stock Agreement, the issuance and delivery of the shares of Common Stock under this Paragraph 9 shall be subject to the requirements of Paragraph 12, including restrictions on transfer as provided therein to the extent applicable.

Issuance and Delivery of Shares. Once vested, the shares of vested Restricted Stock will be delivered to the Employee Director via electronic delivery to the EmployeeDirector’s account with the Company’s stock plan administrator and will be freely transferable by the EmployeeDirector. The Committee Board may change the procedure for issuance and delivery of shares of vested Restricted Stock at any time. Notwithstanding any other provision of this Restricted Stock Agreement, the issuance and delivery of the shares of Common Stock under this Paragraph 9 7 shall be subject to the requirements of Paragraph 1210, including restrictions on transfer as provided therein to the extent applicable.

Issuance and Delivery of Shares. Once vested, the shares of vested Restricted Stock will be delivered to the Employee Executive via electronic delivery to the EmployeeExecutive’s account with the Company’s stock plan administrator and will be freely transferable by the EmployeeExecutive. The Committee may change the procedure for issuance and delivery of shares of vested Restricted Stock at any time. Notwithstanding any other provision of this Restricted Stock Agreement, the issuance and delivery of the shares of Common Stock under this Paragraph 9 shall be subject to the requirements of Paragraph 12, including restrictions on transfer as provided therein to the extent applicable.