Common use of Retention of Stock Certificate(s) by the Company Clause in Contracts

Retention of Stock Certificate(s) by the Company. The certificates representing the Restricted Shares will be held in custody by the Secretary of the Company, together with a stock power endorsed in blank by the Participant, until the Restricted Shares vest in accordance with this Agreement. In order for this Agreement to be effective, the Participant must sign and return such stock power to the attention of the Secretary of the Company.

Appears in 6 contracts

Samples: Restricted Stock Award Agreement (Alon USA Energy, Inc.), Restricted Stock Award Agreement (Alon USA Energy, Inc.), Restricted Stock Award Agreement (Alon USA Energy, Inc.)

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Retention of Stock Certificate(s) by the Company. The certificates certificate(s) representing the Restricted Shares will shall be held in custody by the Secretary of the Company, together with a stock power endorsed in blank by the ParticipantEmployee with respect thereto, until the Restricted Shares vest those shares have become nonforfeitable in accordance with Section 3 of this Award Agreement. In order for the grant under this Award Agreement to be effective, the Participant Employee must sign and return such the attached stock power powers to the attention of the Secretary of the Company’s Chief Executive Officer.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (JPS Industries Inc)

Retention of Stock Certificate(s) by the Company. The certificates Any certificate(s) representing the Restricted Shares will shall be held in custody by the Secretary of the Company, together with a stock power endorsed in blank by the ParticipantDirector with respect thereto, until the Restricted Shares vest those shares have become nonforfeitable in accordance with Section 3 of this Agreement. In the event that one or more stock certificates representing the Restricted Shares are registered in the name of the Director, the Director must sign and return the attached stock powers to the attention of the Vice President-Human Resources of the Company at the Company address described below in order for the grant under this Agreement to be effective, the Participant must sign and return such stock power to the attention of the Secretary of the Company.

Appears in 1 contract

Samples: Restricted Share Agreement (Quicksilver Resources Inc)

Retention of Stock Certificate(s) by the Company. The certificates representing the Restricted Shares will be held in custody by the Secretary of the Company, together with a stock power endorsed in blank by the Participant, until the Restricted Shares vest in accordance with this Agreement. Agreement In order for this Agreement to be effective, the Participant must sign and return such stock power to the attention of the Secretary of the Company.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Alon USA Energy, Inc.)

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Retention of Stock Certificate(s) by the Company. The certificates certificate(s) representing the Restricted Shares will shall be held in custody by the Secretary of the Company, together with a stock power endorsed in blank by the ParticipantEmployee with respect thereto, until the Restricted Shares vest those shares have become nonforfeitable in accordance with Section 3 of this Award Agreement. In order for the grant under this Award Agreement to be effective, the Participant Employee must sign and return such the attached stock power powers to the attention of the Secretary of the Company’s Chief Financial Officer.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (JPS Industries Inc)

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