Common use of Receipt by the Corporation Clause in Contracts

Receipt by the Corporation. The Corporation acknowledges receipt from the Participant of certificates representing the Restricted Stock, registered in the name of the Participant, and acknowledges receipt of stock powers executed in blank by the Participant covering all of the Restricted Stock. Certificates representing the Restricted Stock shall be held by the Corporation and distributed or transferred as directed by the Committee in accordance with this Agreement.

Appears in 5 contracts

Samples: Restricted Stock Agreement (Fac Realty Trust Inc), Restricted Stock Agreement (Fac Realty Trust Inc), Restricted Stock Agreement (Factory Stores of America Inc)

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