PHYSICAL CUSTODY. The Restricted Stock may be issued in certificate form or electronically in “book entry”. The Secretary of the Company or such other representative as the Committee may appoint shall retain physical custody of each certificate representing Restricted Stock until all of the restrictions imposed under this Award Agreement with respect to the shares evidenced by such certificate expire or are removed. In no event shall the Participant retain physical custody of any certificates representing unvested Restricted Stock assigned to Participant.
Appears in 16 contracts
Samples: Restricted Stock Award Agreement (B/E Aerospace Inc), Restricted Stock Award Agreement (B/E Aerospace Inc), Term Incentive Plan Restricted Stock Award Agreement (KLX Inc.)
PHYSICAL CUSTODY. The Restricted Stock may be issued in certificate form or electronically in “book entry”. The Secretary of the Company or such other representative as the Committee may appoint shall retain physical custody of each certificate representing Restricted Stock until all of the restrictions imposed under this Award Agreement with respect to the shares evidenced by such certificate expire or are removed. In no event shall the Participant retain physical custody of any certificates representing unvested Restricted Stock assigned to the Participant.
Appears in 8 contracts
Samples: Plan Restricted Stock Award Agreement (KLX Energy Services Holdings, Inc.), Restricted Stock Award Agreement (KLX Energy Services Holdings, Inc.), Restricted Stock Award Agreement (KLX Energy Services Holdings, Inc.)
PHYSICAL CUSTODY. The Restricted Stock Shares may be issued in certificate form or electronically in “book entry”. The Secretary of the Company or such other representative as the Committee may appoint shall retain physical custody of each certificate representing Restricted Stock Shares until all of the restrictions imposed under this Award Agreement with respect to the shares evidenced by such certificate expire or are removed. In no event shall the Participant retain physical custody of any certificates representing unvested Restricted Stock Shares assigned to Participant.
Appears in 5 contracts
Samples: Restricted Share Award Agreement (Advanced Disposal Services, Inc.), Restricted Share Award Agreement (Advanced Disposal Services, Inc.), Restricted Share Award Agreement (ADS Waste Holdings, Inc.)
PHYSICAL CUSTODY. The Restricted Stock may be issued in certificate form or electronically in “book entry”. The Secretary of the Company or such other representative as the Committee may appoint shall retain physical custody of each certificate representing the Restricted Stock until all of the restrictions imposed under this Award Agreement with respect to the shares evidenced by such certificate expire or are removed. In no event shall the Participant retain physical custody of any certificates representing unvested Restricted Stock assigned to Participant.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Be Aerospace Inc), Restricted Stock Award Agreement (Be Aerospace Inc), Award Agreement (Be Aerospace Inc)
PHYSICAL CUSTODY. The Restricted Stock may be issued in certificate form or electronically in “"book entry”". The Secretary of the Company or such other representative as the Committee may appoint shall retain physical custody of each certificate representing the Restricted Stock until all of the restrictions imposed under this Award Agreement with respect to the shares evidenced by such certificate expire or are removed. In no event shall the Participant retain physical custody of any certificates representing unvested Restricted Stock assigned to Participant.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Be Aerospace Inc), Restricted Stock Award Agreement (Be Aerospace Inc)
PHYSICAL CUSTODY. The Restricted Stock may be issued in certificate form or electronically in “book entry”. The Secretary of the Company or such other representative as the Committee may appoint shall retain physical custody of each certificate representing Restricted Stock until all of the restrictions imposed under this Award Agreement with respect to the shares evidenced by such certificate expire or are removed. In no event shall the Participant Grantee retain physical custody of any certificates representing unvested Restricted Stock assigned to Participantthe Grantee.
Appears in 2 contracts
Samples: Restricted Stock Inducement Award Agreement (B/E Aerospace Inc), Restricted Stock Inducement Award Agreement (B/E Aerospace Inc)
PHYSICAL CUSTODY. The Restricted Stock may be issued in certificate form or electronically in “"book entry”". The Secretary of the Company or such other representative as the Committee may appoint shall retain physical custody of each certificate representing Restricted Stock until all of the restrictions imposed under this Award Agreement with respect to the shares evidenced by such certificate expire or are removed. In no event shall the Participant retain physical custody of any certificates representing unvested Restricted Stock assigned to Participant.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Be Aerospace Inc), Restricted Stock Award Agreement (Be Aerospace Inc)
