SEPARATE FROM CERTIFICATE Clause Samples
The 'Separate from Certificate' clause establishes that certain rights, obligations, or interests exist independently of any physical or electronic certificate that may represent them. In practice, this means that the validity or enforceability of these rights is not contingent upon the possession or presentation of a certificate; for example, ownership of shares or entitlements to benefits are recognized regardless of whether a certificate has been issued or is in the holder's possession. This clause is essential for ensuring that legal rights are not jeopardized by administrative errors, loss, or delays in certificate issuance, thereby providing certainty and continuity in the recognition of such rights.
SEPARATE FROM CERTIFICATE. FOR VALUE RECEIVED and pursuant to that certain Stock Pledge Agreement dated as of January 20, 2004 by and between ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ and Fluidigm Corporation, a California corporation, the undersigned hereby sells, assigns and transfers unto , ( ) shares of Common Stock of Fluidigm Corporation, a California corporation, standing in the undersigned’s name on the books of said corporation represented by certificate number delivered herewith, and does hereby irrevocably constitute and appoint as attorney-in-fact, with full power of substitution, to transfer said stock on the books of said corporation.
SEPARATE FROM CERTIFICATE. FOR VALUE RECEIVED and pursuant to that certain Founders Agreement dated as of ______________, 2008 (the "Agreement"), the undersigned hereby sells, assigns and transfers unto ____________________________________ ________________, shares of the ____________________ Stock of ClearSign Combustion Corporation, a Washington corporation (the "Company"), standing in the undersigned's name on the books of the Company represented by Certificate No(s). __________ delivered herewith, and does hereby irrevocably constitute and appoint the Secretary of the Company as the undersigned's attorney-in-fact, with full power of substitution, to transfer said stock on the books of the Company. THIS ASSIGNMENT MAY ONLY BE USED AS AUTHORIZED BY THE AGREEMENT AND THE EXHIBITS THERETO.
SEPARATE FROM CERTIFICATE. FOR VALUE RECEIVED hereby sells, assigns and transfers unto , ( ) shares of Common Stock of Higher One, Inc., a Delaware corporation, standing in the undersigned’s name on the books of said corporation represented by Certificate No(s). , and does hereby irrevocably constitute and appoint his or her attorney to transfer the said stock on the books of the said corporation with full power of substitution in the premises. Dated: , 20 Signature: Print Name: , 20 Treasurer Higher One, Inc. ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Dear Treasurer: As Escrow Agent for both Higher One, Inc., a Delaware corporation, and (“Purchaser”), you are hereby authorized and directed to hold the documents delivered to you pursuant to the terms of that certain Stock Restriction Agreement (“Agreement”), dated as of the date hereof, to which a copy of these Joint Escrow Instructions is attached as Exhibit 2, in accordance with the following instructions:
SEPARATE FROM CERTIFICATE. FOR VALUE RECEIVED and pursuant to that certain Right of First Refusal and Co-Sale Agreement dated as of __________ __, 2009 (the “Agreement”), the undersigned hereby sells, assigns and transfers unto ____________________________,___________________________ shares of the common stock of Energy and Power Solutions, Inc., a California corporation (the “Company”), standing in the undersigned’s name on the books of the Company represented by Certificate No(s). __________ delivered herewith, and does hereby irrevocably constitute and appoint the Secretary of the Company as the undersigned’s attorney-in-fact, with full power of substitution, to transfer said stock on the books of the Company. THIS ASSIGNMENT MAY ONLY BE USED AS AUTHORIZED BY THE AGREEMENT AND THE EXHIBITS THERETO.
SEPARATE FROM CERTIFICATE. FOR VALUE RECEIVED and pursuant to that certain Restricted Stock Award Agreement dated as of [DATE], the undersigned hereby sells, assigns and transfers unto_________________________________, ______________(________) shares of Common Stock of The Orchard Enterprises, Inc., a Delaware corporation, standing in the undersigned’s name on the books of said corporation represented by certificate number _______ delivered herewith, and does hereby irrevocably constitute and appoint ______________________ as attorney-in-fact, with full power of substitution, to transfer said stock on the books of said corporation. Dated: _____________________ (Signature) [NAME] (Please Print Name) This Assignment Separate From Certificate was executed in conjunction with the terms of the Restricted Stock Award Agreement between the above assignor and the above corporation, dated as of [DATE]. The Orchard Enterprises, Inc. ▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ 10003 Attn: Chief Financial Officer Dear Sir: As Escrow Agent for both The Orchard Enterprises, Inc., a Delaware corporation (the “Company”) and [NAME] (“Executive”), you are hereby authorized and directed to hold the documents delivered to you pursuant to the terms of that certain Restricted Stock Award Agreement (the “Agreement”), dated as of [DATE], to which a copy of these Joint Escrow Instructions is attached, in accordance with the following instructions:
SEPARATE FROM CERTIFICATE. FOR VALUE RECEIVED, , hereby sells, assigns and transfers unto DPL Inc., an Ohio corporation (the “Company”), all right, title and interest in and to shares of Restricted Stock (as defined in the DPL Inc. 2006 Equity and Performance Incentive Plan and as described in the Restricted Stock Agreement dated to become vested and nonforfeitable on ) of DPL Inc., standing in (his/her) name on the books of said corporation, represented by Certificate No. , and does hereby irrevocably constitute and appoint the Corporate Secretary of DPL Inc., (his/her) attorney to transfer the said stock on the books of said corporation with full power of substitution.