Common use of Issuance and Withholding Clause in Contracts

Issuance and Withholding. (a) Upon vesting, the Corporation shall issue the Restricted Shares registered in the name of Employee, Employee's authorized assignee, or Employee's legal representative, and shall deliver certificates representing the Restricted Shares. (b) Prior to the issuance of the Restricted Shares, Employee must pay or provide for any applicable federal or state withholding obligations in accordance with Section 16 below.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Find SVP Inc), Restricted Stock Award Agreement (Find SVP Inc)

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Issuance and Withholding. (a) Upon vesting, the Corporation Company shall issue the Restricted Shares registered in the name of Employee, Employee's authorized assignee, or Employee's legal representative, Recipient and shall deliver certificates representing the Restricted SharesShares to the Recipient. (b) Prior to the issuance of the Restricted Shares, Employee Recipient must pay or provide for any applicable federal or state withholding obligations in accordance with Section 16 15 below.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Net Perceptions Inc), Restricted Stock Award Agreement (Net Perceptions Inc)

Issuance and Withholding. (a) Upon vesting, the Corporation Company shall issue the earned Restricted Shares registered in the name of EmployeeConsultant, Employee's Consultant’s authorized assignee, or Employee's Consultant’s legal representative, and shall deliver certificates representing the Restricted Shares. (b) Prior Subject to Section 16 below, prior to the issuance of the Restricted Shares, Employee Consultant must pay or provide for any applicable federal or state withholding obligations in accordance with Section 16 belowof the Company.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Langer Inc)

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Issuance and Withholding. (a) Upon vesting, the Corporation shall issue the Restricted Shares registered in the name of Employee, Employee's ’s authorized assignee, or Employee's ’s legal representative, and shall deliver certificates representing the Restricted Shares. (b) Prior to the issuance of the Restricted Shares, Employee must pay or provide for any applicable federal or state withholding obligations in accordance with Section 16 below.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Find SVP Inc)

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