Common use of Shares Held in Escrow Clause in Contracts

Shares Held in Escrow. Unless and until the Shares of Restricted Stock shall have vested in the manner set forth in Paragraphs 3 or 4, such Shares shall be issued in the name of the Grantee and held by the Secretary of the Company (or its designee) as escrow agent (the “Escrow Agent”), and shall not be sold, transferred or otherwise disposed of, and shall not be pledged or otherwise hypothecated. The Company may determine to issue the Shares in book entry form and/or may instruct the transfer agent for its Common Stock to place a legend on the certificates representing the Restricted Stock or otherwise note its records the restrictions on transfer set forth in this Agreement and the Plan. The certificate or certificates representing such Shares shall not be delivered by the Escrow Agent to the Grantee unless and until the Shares have vested and all other terms and conditions in this Agreement have been satisfied.

Shares Held in Escrow. Unless and until the Shares of Restricted Stock shall will have vested in the manner set forth in Paragraphs paragraphs 3 or 4through 5, such Shares shall will be issued in the name of the Grantee Employee and held by the Secretary Stock Programs Department of the Company (or its designee) as escrow agent (the “Escrow Agent”), and shall will not be sold, transferred or otherwise disposed of, and shall will not be pledged or otherwise hypothecated. The Company may determine to issue the Shares in book entry form and/or may instruct the transfer agent for its Common Stock to place a legend on the certificates representing the Restricted Stock or otherwise note its records as to the restrictions on transfer set forth in this Agreement and the Plan. The certificate or certificates representing such Shares shall will not be delivered by the Escrow Agent to the Grantee Employee unless and until the Shares have vested and all other terms and conditions in this Agreement have been satisfied.

Shares Held in Escrow. Unless The Shares will be issued in the name of the Employee, and unless and until the Shares of Restricted Stock shall will have vested in the manner set forth in Paragraphs paragraphs 3 through 5 or 4paragraph 10, such the Shares shall will be issued in the name of the Grantee and held by the Secretary Stock Programs Department of the Company (or its designee) as escrow agent (the “Escrow Agent”), and shall will not be sold, transferred or otherwise disposed of, and shall will not be pledged or otherwise hypothecated. The Company may determine to issue the Shares in book entry form and/or may instruct the transfer agent for its Common Stock to place a legend on the certificate or certificates representing the Restricted Stock or otherwise note in its records as to the restrictions on transfer set forth in this Agreement and the Plan. The Shares, which may be issued in certificate or certificates representing such Shares shall book entry form, will not be delivered by the Escrow Agent to the Grantee Employee unless and until the Shares have vested and all other terms and conditions in this Agreement have been satisfied.

Shares Held in Escrow. Unless and until the Shares of Restricted Stock shall have vested in the manner set forth in Paragraphs 3 paragraphs 3, 4, 5 or 46, such Shares shall be issued in the name of the Grantee Employee and held by the Secretary of the Company (or its designee) as escrow agent (the “Escrow Agent”), and shall not be sold, transferred or otherwise disposed of, and shall not be pledged or otherwise hypothecated. The Company may determine to issue the Shares in book entry form and/or may instruct the transfer agent for its Common Stock to place a legend on the certificates representing the Restricted Stock or otherwise note its records as to the restrictions on transfer set forth in this Agreement and the Plan. The certificate or certificates representing such Shares shall not be delivered by the Escrow Agent to the Grantee Employee unless and until the Shares have vested and all other terms and conditions in this Agreement have been satisfied.

Shares Held in Escrow. Unless and until the Shares of Restricted Stock shall have vested in the manner set forth in Paragraphs paragraph 3 or 4of this Agreement, such Shares shall be issued in the name of the Grantee Outside Director and held by the Secretary of the Company (or its designee) as escrow agent (the “Escrow Agent”), and shall not be sold, transferred or otherwise disposed of, and shall not be pledged or otherwise hypothecated. The Company may determine to issue the Shares in book entry form and/or may instruct the transfer agent for its Common Stock common stock to place a legend on the certificates representing the Restricted Stock or otherwise note its records as to the restrictions on transfer set forth in this Agreement and the Plan. The certificate or certificates representing such Shares shall not be delivered by the Escrow Agent to the Grantee Outside Director unless and until the Shares have vested and all other terms and conditions in this Agreement have been satisfied. The Shares of Restricted Stock will be released from escrow as soon as practicable after the Shares vest.

Shares Held in Escrow. Unless and until the Shares of Restricted Stock shall will have vested in the manner set forth in Paragraphs paragraphs 3 or 4through 5, such Shares shall will be issued in the name of the Grantee Employee and held by the Secretary Shareholder Services Department of the Company TIBCO (or its designee) as escrow agent (the “Escrow Agent”), and shall will not be sold, transferred or otherwise disposed of, and shall will not be pledged or otherwise hypothecated. The Company TIBCO may determine to issue the Shares in book entry form and/or may instruct the transfer agent for its Common Stock Shares to place a legend on the certificates representing the Restricted Stock or otherwise note its records as to the restrictions on transfer set forth in this Agreement and the Plan. The certificate or certificates representing such Shares shall will not be delivered by the Escrow Agent to the Grantee Employee unless and until the Shares have vested and all other terms and conditions in this Agreement have been satisfied.

Shares Held in Escrow. Unless and until the Shares of Restricted Stock shall will have vested in the manner set forth in Paragraphs paragraphs 3 or 4through 5, such Shares shall will be issued in the name of the Grantee and held by the Secretary of the Company (or its designee) as escrow agent (the “Escrow Agent”), and shall will not be sold, transferred or otherwise disposed of, and shall will not be pledged or otherwise hypothecated. The Company may determine to issue the Shares in book entry form and/or may instruct the transfer agent for its Common Stock to place a legend on the certificates representing the Restricted Stock or otherwise note its records as to the restrictions on transfer set forth in this Agreement and the Plan. The certificate or certificates representing such Shares shall will not be delivered by the Escrow Agent to the Grantee unless and until the Shares have vested and all other terms and conditions in this Agreement have been satisfied.

Shares Held in Escrow. Unless and until the Restricted Shares of Restricted Stock shall have vested in the manner set forth in Paragraphs Sections 3 or 44 herein, such Shares shall be issued in the name of the Grantee Outside Director and held by the Secretary or Assistant Secretary of the Company (or its designee) such other person as the Company may designate as escrow agent (the “Escrow Agent”), and shall not be sold, transferred transferred, assigned, or otherwise disposed of, and shall not be pledged pledged, alienated, or otherwise hypothecated. The Company may determine to issue the Shares in book entry form and/or may instruct the transfer agent for its Common Stock to place a legend on the certificates representing the Restricted Stock Shares or otherwise note on its records as to the restrictions on transfer set forth in this Agreement and the Plan. The certificate or certificates representing such Shares shall not be delivered by the Escrow Agent to the Grantee Outside Director unless and until the Shares have vested and all other terms and conditions in this Agreement have been satisfied. The Restricted Shares will be released from escrow as soon as practicable after the Shares vest.

Shares Held in Escrow. Unless and until the Shares of Restricted Stock shall have vested in the manner set forth in Paragraphs 3 or 4paragraph 3, such Shares shall be issued in the name of the Grantee Nonemployee Director and held by the Secretary of the Company (or its designee) as escrow agent (the “"Escrow Agent”"), and shall not be sold, transferred or otherwise disposed of, and shall not be pledged or otherwise hypothecated. The Company may determine to issue the Shares in book entry form and/or may instruct the transfer agent for its Common Stock common stock to place a legend on the certificates representing the Restricted Stock or otherwise note its records as to the restrictions on transfer set forth in this Agreement and the Plan. The certificate or certificates representing such Shares shall not be delivered by the Escrow Agent to the Grantee Nonemployee Director unless and until the Shares have vested and all other terms and conditions in this Agreement have been satisfied.

Shares Held in Escrow. Unless and until the Shares of Restricted Stock shall have vested in the manner set forth in Paragraphs 3 or 4Paragraph 3, such Shares shall be issued in the name of the Grantee Employee and held by the Secretary of the Company (or its designee) as escrow agent (the “"Escrow Agent”"), and shall not be sold, transferred or otherwise disposed of, and shall not be pledged or otherwise hypothecated. The Company may determine to issue the Shares in book entry form and/or may instruct the transfer agent for its Common Stock to place a legend on the certificates representing the Restricted Stock or otherwise note its records as to the restrictions on transfer set forth in this Agreement and the Plan. The certificate or certificates representing such Shares shall not be delivered by the Escrow Agent to the Grantee Employee unless and until the Shares have vested and all other terms and conditions in this Agreement have been satisfied.

Shares Held in Escrow. Unless and until the Shares shares of Restricted Stock shall have vested in the manner set forth in Paragraphs 3 or 4Paragraph 3, such Shares shares shall be issued in the name of the Grantee Employee and held by the Secretary of the Company (or its designee) as escrow agent (the “"Escrow Agent”"), and shall not be sold, transferred or otherwise disposed of, and shall not be pledged or otherwise hypothecated. The Company may determine to issue the Shares shares in book entry form and/or may instruct the transfer agent for its Common Stock to place a legend on the certificates representing the Restricted Stock or otherwise note its records as to the restrictions on transfer set forth in this Agreement and the Plan. The certificate or certificates representing such Shares shares shall not be delivered by the Escrow Agent to the Grantee Employee unless and until the Shares shares have vested and all other terms and conditions in this Agreement have been satisfied.

Shares Held in Escrow. Unless and until the Shares of Restricted Stock shall will have vested in the manner set forth in Paragraphs paragraphs 3 or and 4, such Shares shall will be issued in the name of the Grantee and held by the Secretary of the Company (or its designee) as escrow agent (the “Escrow Agent”), and shall will not be sold, transferred or otherwise disposed of, and shall will not be pledged or otherwise hypothecated. The Company may determine to issue the Shares in book entry form and/or may instruct the transfer agent for its Common Stock to place a legend on the certificates representing the Restricted Stock or otherwise note its records as to the restrictions on transfer set forth in this Agreement and the Plan. The certificate or certificates representing such Shares shall will not be delivered by the Escrow Agent to the Grantee unless and until the Shares have vested and all other terms and conditions in this Agreement have been satisfied.

Shares Held in Escrow. Unless and until the Shares of Restricted Stock shall have vested in the manner set forth in Paragraphs 3 3, 4 or 45, such Shares shall be issued in the name of the Grantee Director and held by the Secretary of the Company (or its designee) as escrow agent (the “Escrow Agent”), and shall not be sold, transferred or otherwise disposed of, and shall not be pledged or otherwise hypothecated. The Company may determine to issue the Shares in book entry form and/or may instruct the transfer agent for its Common Stock to place a legend on the certificates representing the Restricted Stock or otherwise note in its records the restrictions on transfer set forth in this Agreement and the Plan. The certificate or certificates representing such Shares shall not be delivered by the Escrow Agent to the Grantee Director unless and until the Shares have vested and all other terms and conditions in this Agreement have been satisfied.