Receipt of Shares. Buyer shall have received from Stock Seller a ----------------- certificate or certificates evidencing all of the then issued and outstanding Shares, free and clear of all Liens, duly endorsed in blank or accompanied by stock powers duly executed in blank, in proper form for transfer and with any requisite stock transfer tax stamps properly affixed thereto, or any other documents or copies of registrations required under Laws applicable to the Companies.
Receipt of Shares. The Company shall issue the shares of Stock represented by the Units to the Grantee, or to the Grantee’s estate in the event of Grantee’s death, as soon as administratively practicable after the termination of the Grantee’s service on the Board of Directors.
Receipt of Shares. Subject to the terms and conditions of this Agreement, Employee shall receive sixty (60) shares of restricted stock of the Company, which will vest as follows: Employee receives twenty (20) shares upon execution of this Agreement, twenty (20) shares at the first anniversary of this Agreement, and twenty (20) shares at the second anniversary of this Agreement.
Receipt of Shares. The Company will issue all of the Shares represented by Vested Units plus any additional shares of Common Stock of the Company represented by Dividend Units credited to the Grantee’s Deferral Account to the Grantee, or in the event of the Grantee’s death to the Grantee’s estate, as soon as practicable following the Grantee’s termination of service as a member of the Board of Directors of the Company. The form of payment shall be one share of the Company’s Common Stock for each Unit credited to the Grantee’s Deferral Account and cash for any fractional Unit.
Receipt of Shares. CLF shall have received from Sub 1 a certificate or certificates evidencing all of the then issued and outstanding Holdings Shares, duly endorsed in blank or accompanied by stock powers duly executed in blank, in proper form of transfer, with all signatures guaranteed and with any requisite stock transfer tax stamps properly affixed thereto. CLF shall have received from Sub 1 certificates or certificates evidencing the FSA Shares registered in the name of Holdings. There shall not have been made or threatened by any Person any claim having a material likelihood of success asserting that such Person (i) is the holder or the beneficial owner of, or has the right to acquire or to obtain beneficial ownership of, any stock of, or any other voting, equity, or ownership interest in, Holdings, or (ii) is entitled to all or any portion of the Purchase Price payable for the Holdings Shares.
Receipt of Shares. By execution and delivery of this Agreement, Buyer hereby acknowledges the receipt of the Shares.
Receipt of Shares. PIE shall have received from FEI a certificate evidencing the Definite Shares.
Receipt of Shares. The Stockholders shall have delivered to the Purchaser the SCS Common Shares, duly endorsed (or accompanied by duly executed stock powers), with signatures guaranteed by a commercial bank or by a member of a nationally recognized stock exchange.
Receipt of Shares. Buyer wishes to purchase the VI Shares under the terms and conditions of this Agreement.
Receipt of Shares. (a) Certificates issued in respect of the Restricted Stock shall be registered in the Participant's name and deposited by such Participant, together with a stock power endorsed in blank, with the Company; provided that no Restricted Stock shall be issued if the Participant does not provide the Company with a stock power endorsed in blank. As soon as reasonably practicable after the vesting of the Restricted Stock in accordance with Section 2, the Company shall deliver such certificates to the Participant or his or her legal representative, as applicable. However, the Company shall not be liable to the Participant for damages relating to any delays in issuing or delivering the certificates to him, any loss of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves. Any heir or legatee of the Participant shall take rights herein granted subject to the terms and conditions hereof.
(b) Shares payable upon the vesting of Restricted Stock may not be delivered pursuant to Section 4(a) if the Company in its sole discretion determines that the Participant has, at any time during the term of employment or following termination of employment, violated the terms of any agreement with the Company or a Subsidiary regarding competition with the business of the Company or any Subsidiary, interference with contractual or business relationships of the Company or any Subsidiary, solicitation of employees, officers, partners, agents, or consultants of the Company or a Subsidiary or other similar covenant. In the event that a Participant violates the terms of any such agreement, the Company may cause such Participant to forfeit all of his or her Restricted Stock and disgorge any gain realized upon the sale or other transfer of any Shares delivered upon the vesting of Restricted Stock within the six-month period preceding the violation.
