Common use of Record of Shares Clause in Contracts

Record of Shares. It shall be the duty of the Trustee to maintain a record of all share certificates of the Company which are transferred to the Trustee, indicating the name in which the stock was held, the date of issuance of the stock, the class and series of the stock, the number of shares, and the number of the certificate or certificates representing those shares. The Trustee shall also maintain a record of the date on which any such share certificates were received by him, and the date on which the same were delivered to the Company for transfer to the Trustee, and shall obtain a receipt for any such certificates so delivered. The Trustee shall receive and hold the new share certificates issued by the Company in the name of the Trustee and shall maintain a record indicating the date of issuance of such certificates, the date of receipt of such certificates, and the place in which such certificates are held by him.

Appears in 3 contracts

Samples: Termination of Voting Trust Agreement (Ontro Inc), Voting Trust Agreement (Ontro Inc), Voting Trust Agreement (Ontro Inc)

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Record of Shares. It The Trustee shall be the duty of the Trustee to maintain a record of all share certificates of the Company which are transferred to the TrusteeTrustee to be held pursuant to this Trust, indicating the name in which the stock was held, the date of issuance of the stock, the class and series of the stock, the number of shares, and the number numbers of the certificate or certificates representing those shares. The Trustee shall also maintain a record of the date on which any such share certificates were received by himthe Trustee, and the date on which the same were delivered to the Company for transfer to the Trustee, Trustee and shall obtain a receipt for any such certificates certificate so delivered. The Trustee shall receive and hold the new share certificates issued by the Company in the name of the Trustee and shall maintain a record indicating the date of issuance of such certificates, the date of receipt of such certificatescertificate, and the place in which such certificates are held by himheld.

Appears in 1 contract

Samples: Trust Agreement (Netgateway Inc)

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Record of Shares. It The Trustee shall be the duty of the Trustee to maintain a record of all share certificates of the Company which are transferred to the TrusteeTrustee to be held pursuant to this Trust, indicating the name in which the stock was held, the date of issuance of the stock, the class and series of the stock, the number of shares, and the number numbers of the certificate or certificates representing those shares. The Trustee shall also maintain a record of the date on which any such share certificates were received by himthe Trustee, and the date on which the same were delivered to the Company for transfer to the Trustee, Trustee and shall obtain a receipt for any such certificates certificate so delivered. The Trustee shall receive and hold the new share certificates issued by the Company in the name of the Trustee and shall maintain a record indicating the date of issuance of such certificates, the date of receipt of such certificates, and the place in which such certificates are held by himheld.

Appears in 1 contract

Samples: Trust Agreement (Netgateway Inc)

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