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

Retention of Stock Certificate(s) by the Company. The certificate(s) representing the Restricted Shares shall be held in custody by the Company, together with a stock power endorsed in blank by the Grantee with respect thereto, until such shares have become nonforfeitable in accordance with Section 4.

Retention of Stock Certificate(s) by the Company. The certificate(s) representing the Restricted Shares Stock shall be held in custody by the Company, together with a stock power endorsed in blank by the Grantee with respect thereto, until such those shares have become nonforfeitable in accordance with Section 43. In order for the Grant under this Agreement to be effective, the Grantee must sign and return the attached stock powers to the attention of the Company's President.