Common use of Receipt of Common Stock Clause in Contracts

Receipt of Common Stock. At or after the end of the Restricted Period, the Executive shall receive the number of shares of restricted Common Stock awarded hereunder, free and clear of the restrictions set forth in this Agreement, except for any restrictions necessary to comply with federal and state securities laws. Certificates representing such shares shall be released to the Executive as promptly as practical following the Executive’s becoming entitled to receive such shares.