Issuance of Voting Trust Certificates. The Trustee shall from time to time issue and deliver to each Beneficiary for whom a Beneficiary Account has been established one or more Voting Trust Certificates (each, a "Certificate") in respect of the Trust Shares and Ancillary Rights relating thereto held in such Beneficiary Account in the form set forth in Exhibit B hereto. Such Certificates shall be signed by the Trustee.
Issuance of Voting Trust Certificates. Upon receipt of the new certificate representing the Trust Shares, the Trustee shall deliver to the Company one or more voting trust certificates therefor, each substantially in the form of EXHIBIT A hereto (each, a "VOTING TRUST CERTIFICATE"). Each Voting Trust Certificate shall specify the series or class, and number of Trust Shares in respect of which it is issued, shall be dated the date of its issuance and shall be signed manually by a representative of the Trustees.
Issuance of Voting Trust Certificates. (a) Promptly after the deposit of shares by the Shareholders with the Voting Trustee as provided in Section 1 hereof, the Voting Trustee shall issue and deliver to each of the Shareholders voting trust certificates substantially in the form set forth in Exhibit A annexed hereto (each such certificate, a "Voting Trust Certificate"), the terms of which exhibit are herein incorporated by reference, for the shares deposited with and transferred to the Voting Trustee. Each Voting Trust Certificate issued pursuant to the provisions hereof shall be transferable only pursuant to Section 14(a) hereof, and each Shareholder hereby agrees not to otherwise transfer any Voting Trust Certificate held by it. Except as otherwise provided herein, all options, rights of purchase and other powers and privileges, including all registration rights, all economic rights and benefits and all transfer rights, affecting the Voting Trust Stock represented by a Voting Trust Certificate shall attach to such Voting Trust Certificate.
(b) The Voting Trustee shall keep a record on its books of the name and address of each holder of a Voting Trust Certificate and the number of shares of Voting Trust Stock beneficially owned by such holder.
(c) Should any Voting Trust Certificate be mutilated or be lost, destroyed or stolen, the Voting Trustee may, in its uncontrolled discretion, issue and deliver in exchange therefor and upon cancellation of such mutilated certificate or in lieu of such lost, destroyed or stolen certificate a new Voting Trust Certificate representing the same number of shares, upon production of evidence of such loss, destruction or theft, satisfactory to the Voting Trustee and upon receipt of indemnity satisfactory to it.
Issuance of Voting Trust Certificates. The Trustee shall issue Trust Certificates (the Trust Certificates) in respect of the shares deposited with and held by the Trustee for the benefit of the Beneficiaries under this Agreement, or which are or become subject to this Agreement, in the form set forth in Exhibit A hereto. An authorized representative shall sign such Trust Certificates on behalf of the Trust.
Issuance of Voting Trust Certificates. The Voting Trustee shall issue to each of the Stockholders, in exchange for the Voting Trust Stock delivered hereunder, a voting trust certificate substantially in the form attached as Exhibit A hereto (a "Voting Trust Certificate"). Except as otherwise provided herein, all options, rights of purchase and other powers and privileges affecting the Voting Trust Stock represented by a Voting Trust Certificate shall attach to such Voting Trust Certificate.
Issuance of Voting Trust Certificates. All Trust-Held Shares at any time delivered to the Trustees hereunder or acquired by the Trustees as provided in this Agreement shall be held and disposed of by the Trustees under and pursuant to the terms and conditions of this Agreement. The Trustees, in exchange for the shares so deposited or otherwise held hereunder, shall cause to be issued and delivered, to the Certificate Holders, Voting Trust Certificates for the appropriate number of shares of each separate class of stock held hereunder. The Trustees shall not issue Voting Trust Certificates with respect to shares purchased through the Company’s dividend reinvestment plan with dividends earned with respect to shares which are subject to this agreement until such shares are reduced to stock certificate form, but such shares shall nevertheless be subject to this Agreement.
Issuance of Voting Trust Certificates. The Voting Trustees shall, immediately upon the execution and delivery of this Voting Trust Agreement, issue to the Beneficiary voting trust certificates in the form of Exhibit A hereto ("Voting Trust Certificates") representing the Beneficiary's beneficial ownership of the Trust Shares transferred and delivered to the Voting Trustees pursuant to Section 1 of this Voting Trust Agreement. Each Voting Trust Certificate shall be manually signed by each of the Voting Trustees at the time it is issued. This Voting Trust Agreement shall remain in full force and effect and be enforceable against any donee, transferee or assignee of any Voting Trust Certificate or the Beneficiary's interest in the
Issuance of Voting Trust Certificates. Promptly after the creation of the Voting Trust hereunder, the Voting Trustee shall issue to the Stockholder, in exchange for the Voting Trust Stock delivered hereunder, a Voting Trust Certificate substantially in the form annexed as Exhibit A hereto (the "VOTING TRUST CERTIFICATE"). Except as otherwise expressly provided herein, all options, rights of purchase and other rights, powers and privileges affecting or relating to the Voting Trust Stock, shall attach to the Voting Trust Certificate.
Issuance of Voting Trust Certificates. Concurrently with the ------------------------------------- execution of this Agreement and the deposit hereunder by Depositors of all of the shares of Class B Stock now owned by them, the Trustees, as trustees, will issue to Depositors, and will from time to time issue with respect to all shares of Class B Stock and all other securities of FBR hereafter deposited hereunder, a Voting Trust Certificate or Voting Trust Certificates, in the form attached hereto as Exhibit B, representing the number of shares of Class B Stock or other securities of FBR transferred and delivered to them (the "Trust Securities"), which Certificate or Certificates will be registered in the name of Depositors or in such name as may be specified in writing by Depositors.
Issuance of Voting Trust Certificates. Upon receipt of the certificates representing the Trust Shares, the Trustee shall issue to each of the Stockholders a Voting Trust Certificate, in the form attached hereto as Exhibit "A", for the number of Trust Shares transferred by the Stockholder to the Trustee. The Trustee shall keep a list of all Trust Shares transferred to him hereunder, and a list of all Voting Trust Certificates issued, which records shall include the names and addresses of all Voting Trust Certificate holders and the number of shares represented by each Certificate.
