Common use of Shares of Stock Must Be Held with Designated Broker Clause in Contracts

Shares of Stock Must Be Held with Designated Broker. All shares of Stock issued upon settlement of your Units will be deposited into a personal brokerage account established with the Company’s designated broker, E*TRADE (or any successor broker designated by the Company), on your behalf. You understand that you may sell the shares of Stock at any time after they are deposited in such account, however, you may not transfer the shares of Stock out of the brokerage account.

Appears in 8 contracts

Samples: Global Deferred Stock Unit Award Agreement (Boston Scientific Corp), Global Deferred Stock Unit Award Agreement (Boston Scientific Corp), Performance Share Unit Award Agreement (Boston Scientific Corp)

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Shares of Stock Must Be Held with Designated Broker. All shares of Stock issued upon settlement of your Units will be deposited into a personal brokerage account established with the Company’s designated broker, E*TRADE (or any successor broker designated by the Company), on your behalf. You understand that you may sell the shares of Stock at any –Rev 1.2017 time after they are deposited in such account, however, you may not transfer the shares of Stock out of the brokerage account.

Appears in 1 contract

Samples: Global Deferred Stock Unit Award Agreement (Boston Scientific Corp)

Shares of Stock Must Be Held with Designated Broker. All shares of Stock issued upon settlement of your Units will be deposited into a personal brokerage account established with the Company’s designated broker, E*TRADE (or any successor broker designated by the Company), on your behalf. You understand that you may sell the shares of Stock at any –Rev 1.2017 15 time after they are deposited in such account, however, you may not transfer the shares of Stock out of the brokerage account.

Appears in 1 contract

Samples: Global Deferred Stock Unit Award Agreement

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Shares of Stock Must Be Held with Designated Broker. All shares of Stock issued upon settlement of your Units will be deposited into a personal brokerage account established with the Company’s designated broker, E*TRADE (or any successor broker designated by the Company), on your behalf. You understand understand 1. 2019 TSR Program that you may sell the shares of Stock at any time after they are deposited in such account, however, you may not transfer the shares of Stock out of the brokerage account.

Appears in 1 contract

Samples: Performance Share Unit Award Agreement (Boston Scientific Corp)

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