Common use of Stock Certificates; Legend Clause in Contracts

Stock Certificates; Legend. Certificates for Restricted Stock shall be issued in the Restricted Stockholder’s name and shall be held by the Company until the Restricted Stock shall become vested and all restrictions thereon have lapsed. The Company shall serve as attorney-in-fact for the Restricted Stockholder during the period during which the Restricted Stock are unvested with full power and authority in the Restricted Stockholder’s name to assign and convey to the Company any Restricted Stock held by the Company for the Restricted Stockholder if the Restricted Stockholder forfeits the shares under the terms of the this Agreement and the Plan. Certificates representing the Restricted Stock shall bear the following legend: “The Shares represented by this Stock Certificate have been granted as restricted stock under the Chase Corporation 2013 Equity Incentive Plan. The Shares represented by this Stock Certificate may not be sold, exchanged, assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed of unless the restrictions set forth in the Restricted Share Agreement between the registered holder of these Shares and Chase Corporation shall have lapsed. Upon the vesting of the Restricted Stock, the Company shall so notify the Secretary of the Company and the Secretary shall obtain from the Company certificates representing all such shares that have vested, which certificates shall not bear any restrictive endorsement making reference to this Agreement, and shall deliver such certificates to the Restricted Stockholder.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Chase Corp), Restricted  stock  agreement (Chase Corp)

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Stock Certificates; Legend. Certificates for Restricted Stock shall be issued in the Restricted Stockholder’s name and shall be held by the Company until the Restricted Stock shall become vested and all restrictions thereon have lapsed. The Company shall serve as attorney-in-fact for the Restricted Stockholder during the period during which the Restricted Stock are unvested with full power and authority in the Restricted Stockholder’s name to assign and convey to the Company any Restricted Stock held by the Company for the Restricted Stockholder if the Restricted Stockholder forfeits the shares under the terms of the this Agreement and the Plan. Certificates representing the Restricted Stock shall bear the following legend: “The Shares represented by this Stock Certificate have been granted as restricted stock under the Chase Corporation 2013 2005 Equity Incentive Plan. The Shares represented by this Stock Certificate may not be sold, exchanged, assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed of unless the restrictions set forth in the Restricted Share Agreement between the registered holder of these Shares and Chase Corporation shall have lapsed. Upon the vesting of the Restricted Stock, the Company shall so notify the Secretary of the Company and the Secretary shall obtain from the Company certificates representing all such shares that have vested, which certificates shall not bear any restrictive endorsement making reference to this Agreement, and shall deliver such certificates to the Restricted Stockholder.

Appears in 1 contract

Samples: Restricted Stock Agreement (Chase Corp)

Stock Certificates; Legend. Certificates for Restricted Stock shall be issued in the Restricted Stockholder’s name and shall be held by the Company until the Restricted Stock shall become vested and all restrictions thereon have lapsed. The Company shall serve as attorney-in-fact for the Restricted Stockholder during the period during which the shares of Restricted Stock are unvested with full power and authority in the Restricted Stockholder’s name to assign and convey to the Company any Restricted Stock held by the Company for the Restricted Stockholder if the Restricted Stockholder forfeits the shares under the terms of the this Agreement and the Plan. Certificates representing the Restricted Stock shall bear the following legend: “The Shares represented by this Stock Certificate have been granted as restricted stock under the Chase Corporation 2013 2005 Equity Incentive Plan. The Shares represented by this Stock Certificate may not be sold, exchanged, assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed of unless the restrictions set forth in the Restricted Share Agreement between the registered holder of these Shares and Chase Corporation shall have lapsed. Upon the vesting of the Restricted Stock, the Company shall so notify the Secretary of the Company and the Secretary shall obtain from the Company certificates representing all such shares that have vested, which certificates shall not bear any restrictive endorsement making reference to this Agreement, and shall deliver such certificates to the Restricted Stockholder.

Appears in 1 contract

Samples: Restricted Stock Agreement (Chase Corp)

Stock Certificates; Legend. Certificates for Restricted Stock shall be issued in the Restricted Stockholder’s name and shall be held by the Company until the Restricted Stock shall become vested and all restrictions thereon have lapsed. The Company shall serve as attorney-in-fact for the Restricted Stockholder during the period during which the Restricted Stock are unvested with full power and authority in the Restricted Stockholder’s name to assign and convey to the Company any Restricted Stock held by the Company for the Restricted Stockholder if the Restricted Stockholder forfeits the shares under the terms of the this Agreement and the Plan. Certificates The Restricted Stockholder agrees that the certificates representing the Restricted Stock shall bear may ‎bear such legend or legends as the following legend: “The Shares represented by this Stock Certificate have been granted as restricted stock under Administrator deems appropriate in order to reflect the Chase Corporation 2013 Equity Incentive Plan. The Shares represented by this Stock Certificate may not be sold, exchanged, assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed of unless the ‎forfeiture restrictions set forth in the Restricted Share Agreement between the registered holder of these Shares and Chase Corporation shall have lapsed. to assure compliance with applicable federal and state securities law.‎ Upon the vesting of the Restricted Stock, the Company shall so notify the Secretary of the Company and the Secretary shall obtain from the Company certificates representing all such shares that have vested, which certificates shall not bear any restrictive endorsement making reference to this Agreement, and shall deliver such certificates to the Restricted Stockholder. In lieu of certificates, in the discretion of the Administrator, the Company may create ‎book-entry positions through its transfer agent in the name of the Restricted Stockholder with ‎appropriate notations in lieu of the legends described above.

Appears in 1 contract

Samples: Restricted Stock Agreement (Chase Corp)

Stock Certificates; Legend. Certificates for Restricted Stock shall be issued in the Restricted Stockholder’s name and shall be held by the Company until the Restricted Stock shall become vested and all restrictions thereon have lapsed. The Company shall serve as attorney-in-fact for the Restricted Stockholder during the period during which the Restricted Stock are unvested with full power and authority in the Restricted Stockholder’s name to assign and convey to the Company any Restricted Stock held by the Company for the Restricted Stockholder if the Restricted Stockholder forfeits the shares under the terms of the this Agreement and the Plan. Certificates representing the Restricted Stock shall bear the following legend: “The Shares represented by this Stock Certificate have been granted as restricted stock under the Chase Corporation 2013 Equity Incentive Plan. The Shares represented by this Stock Certificate may not be sold, exchanged, assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed of unless the restrictions set forth in the Restricted Share Agreement between the registered holder of these Shares and Chase Corporation shall have lapsed. .” Upon the vesting of the Restricted Stock, the Company shall so notify the Secretary of the Company and the Secretary shall obtain from the Company certificates representing all such shares that have vested, which certificates shall not bear any restrictive endorsement making reference to this Agreement, and shall deliver such certificates to the Restricted Stockholder.

Appears in 1 contract

Samples: Restricted Stock Agreement (Chase Corp)

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Stock Certificates; Legend. Certificates for Restricted Stock shall be issued in the Restricted Stockholder’s name and shall be held by the Company until the Restricted Stock shall become vested and all restrictions thereon have lapsed. The Company shall serve as attorney-in-fact for the Restricted Stockholder during the period during which the Restricted Stock are unvested with full power and authority in the Restricted Stockholder’s name to assign and convey to the Company any Restricted Stock held by the Company for the Restricted Stockholder if the Restricted Stockholder forfeits the shares under the terms of the this Agreement and the Plan. Certificates The Restricted Stockholder agrees that the certificates representing the Restricted Stock shall may bear such legend or legends as the following legend: “The Shares represented by this Stock Certificate have been granted as restricted stock under Administrator deems appropriate in order to reflect the Chase Corporation 2013 Equity Incentive Plan. The Shares represented by this Stock Certificate may not be sold, exchanged, assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed of unless the forfeiture restrictions set forth in the Restricted Share Agreement between the registered holder of these Shares and Chase Corporation shall have lapsedto assure compliance with applicable federal and state securities law. Upon the vesting of the Restricted Stock, the Company shall so notify the Secretary of the ‎the Company and the Secretary shall obtain from the Company certificates representing all such shares ‎shares that have vested, which certificates shall not bear any restrictive endorsement making reference ‎reference to this Agreement, and shall deliver such certificates to the Restricted Stockholder.Stockholder.‎ In lieu of certificates, in the discretion of the Administrator, the Company may create ‎book-entry positions through its transfer agent in the name of the Restricted Stockholder with ‎appropriate notations in lieu of the legends described above. ‎

Appears in 1 contract

Samples: Restricted Stock Agreement (Chase Corp)

Stock Certificates; Legend. Certificates for Restricted Stock shall be issued in the Restricted Stockholder’s name and shall be held by the Company until the Restricted Stock shall become vested and all restrictions thereon have lapsed. The Company shall serve as attorney-in-fact for the Restricted Stockholder during the period during which the shares of Restricted Stock are unvested with full power and authority in the Restricted Stockholder’s name to assign and convey to the Company any Restricted Stock held by the Company for the Restricted Stockholder if the Restricted Stockholder forfeits the shares under the terms of the this Agreement and the Plan. Certificates The Restricted Stockholder agrees that the certificates representing the Restricted Stock shall may bear such legend or legends as the following legend: “The Shares represented by this Stock Certificate have been granted as restricted stock under Administrator deems appropriate in order to reflect the Chase Corporation 2013 Equity Incentive Plan. The Shares represented by this Stock Certificate may not be sold, exchanged, assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed of unless the forfeiture restrictions set forth in the Restricted Share Agreement between the registered holder of these Shares and Chase Corporation shall have lapsedto assure compliance with applicable federal and state securities law. Upon the vesting of the Restricted Stock, the Company shall so notify the Secretary of the Company and the Secretary shall obtain from the Company certificates representing all such shares that have vested, which certificates shall not bear any restrictive endorsement making reference to this Agreement, and shall deliver such certificates to the Restricted Stockholder. In lieu of certificates, in the discretion of the Administrator, the Company may create book-entry positions through its transfer agent in the name of the Restricted Stockholder with appropriate notations in lieu of the legends described above.

Appears in 1 contract

Samples: Restricted Stock Agreement (Chase Corp)

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