Common use of Stock Power; Power of Attorney Clause in Contracts

Stock Power; Power of Attorney. If the Corporation elects to issue share certificates to the Participant, the Participant shall be required to execute a stock power, in a form prescribed by the Corporation, with respect to such shares. The Corporation shall not deliver any share certificates in accordance with this Award Agreement unless and until the Corporation shall have received such stock power executed by such Participant. The Participant, by acceptance of the Award, shall be deemed to appoint, and does so appoint by execution of this Award Agreement, the Corporation and each of its authorized representatives as the Participant’s attorney(s)-in-fact to effect any transfer of unvested forfeited shares (or shares otherwise reacquired by the Corporation hereunder) to the Corporation as may be required pursuant to the Plan or this Award Agreement and to execute such documents as the Corporation or such representatives deem necessary or advisable in connection with any such transfer.

Appears in 12 contracts

Samples: Employee Restricted Stock Award Agreement (New Century Financial Corp), Employee Restricted Stock Award Agreement (New Century Financial Corp), Performance Accelerated Restricted Stock Award Agreement (New Century Financial Corp)

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Stock Power; Power of Attorney. If Concurrently with the Corporation elects to issue share certificates to the Participantexecution and delivery of this Award Agreement, the Participant shall be required deliver to execute a the Corporation an executed stock powerpower in the form attached hereto as Exhibit A, in a form prescribed by the Corporationblank, with respect to such shares. The Corporation shall not deliver any share certificates in accordance with this Award Agreement unless and until the Corporation shall have received such stock power executed by such the Participant. The Participant, by acceptance of the Award, shall be deemed to appoint, and does so appoint by execution of this Award Agreement, the Corporation and each of its authorized representatives as the Participant’s attorney(s)-in-fact to effect any transfer of unvested forfeited shares (or shares otherwise reacquired by the Corporation hereunder) to the Corporation as may be required pursuant to the Plan or this Award Agreement and to execute such documents as the Corporation or such representatives deem necessary or advisable in connection with any such transfer.

Appears in 5 contracts

Samples: Restricted Stock Award Agreement (Francesca's Holdings CORP), Performance Stock Award Agreement (Francesca's Holdings CORP), Restricted Stock Award Agreement (Francesca's Holdings CORP)

Stock Power; Power of Attorney. If Concurrently with the Corporation elects to issue share certificates to the Participantexecution and delivery of this Award Agreement, the Participant shall be required deliver to execute a the Corporation an executed stock powerpower in the form attached hereto as Exhibit A, in a form prescribed by the Corporationblank, with respect to such shares. The Corporation shall not deliver any share certificates in accordance with this Award Agreement unless and until the Corporation shall have received such stock power executed by such the Participant. The Participant, by acceptance of the Award, shall be deemed to appoint, and does so appoint by execution of this Award Agreement, the Corporation and each of its authorized representatives as the Participant’s attorney(s)-in-fact to effect any transfer of unvested forfeited shares (or shares otherwise reacquired by the Corporation hereunder) to the Corporation as may be required pursuant to the Plan or this Award Agreement and to execute such documents as the Corporation or such representatives deem necessary or advisable in connection with any such transfer.

Appears in 5 contracts

Samples: Performance Share Award Agreement (International Game Technology), Restricted Stock Award Agreement (Resources Connection Inc), Restricted Stock Award Agreement (International Game Technology)

Stock Power; Power of Attorney. If the Corporation elects to issue share certificates to the ParticipantDirector, the Participant Director shall be required to execute a stock power, in a form prescribed by the Corporation, with respect to such shares. The Corporation shall not deliver any share certificates in accordance with this Award Agreement unless and until the Corporation shall have received such stock power executed by such ParticipantDirector. The ParticipantDirector, by acceptance of the Award, shall be deemed to appoint, and does so appoint by execution of this Award Agreement, the Corporation and each of its authorized representatives as the ParticipantDirector’s attorney(s)-in-fact to effect any transfer of unvested forfeited shares (or shares otherwise reacquired by the Corporation hereunder) to the Corporation as may be required pursuant to the Plan or this Award Agreement and to execute such documents as the Corporation or such representatives deem necessary or advisable in connection with any such transfer.

Appears in 2 contracts

Samples: Director Restricted Stock Award Agreement (New Century Financial Corp), Director Restricted Stock Award Agreement (New Century Financial Corp)

Stock Power; Power of Attorney. If Concurrently with the Corporation elects to issue share certificates to the Participantexecution and delivery of this Award Agreement, the Participant shall be required deliver to execute a the Corporation an executed stock powerpower in the form attached hereto as Exhibit B, in a form prescribed by the Corporationblank, with respect to such shares. The Corporation shall not deliver any share certificates in accordance with this Award Agreement unless and until the Corporation shall have received such stock power executed by such the Participant. The Participant, by acceptance of the Award, shall be deemed to appoint, and does so appoint by execution of this Award Agreement, the Corporation and each of its authorized representatives as the Participant’s attorney(s)-in-fact to effect any transfer of unvested forfeited shares (or shares otherwise reacquired by the Corporation hereunder) to the Corporation as may be required pursuant to the Plan or this Award Agreement and to execute such documents as the Corporation or such representatives deem necessary or advisable in connection with any such transfer.

Appears in 2 contracts

Samples: Performance Stock Award Agreement (Francesca's Holdings CORP), Performance Restricted Stock Award Agreement (Francesca's Holdings CORP)

Stock Power; Power of Attorney. If Concurrently with the execution and delivery of this Award Agreement, the Director shall deliver to the Corporation elects to issue share certificates to an executed stock power in the Participant, the Participant shall be required to execute a stock powerform attached hereto as Exhibit A, in a form prescribed by the Corporationblank, with respect to such shares. The Corporation shall not deliver any share certificates in accordance with this Award Agreement unless and until the Corporation shall have received such stock power executed by such Participantthe Director. The ParticipantDirector, by acceptance of the Award, shall be deemed to appoint, and does so appoint by execution of this Award Agreement, the Corporation and each of its authorized representatives as the ParticipantDirector’s attorney(s)-in-fact to effect any transfer of unvested forfeited shares (or shares otherwise reacquired by the Corporation hereunder) to the Corporation as may be required pursuant to the Plan or this Award Agreement and to execute such documents as the Corporation or such representatives deem necessary or advisable in connection with any such transfer.

Appears in 1 contract

Samples: Director Restricted Stock Award Agreement (Francesca's Holdings CORP)

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Stock Power; Power of Attorney. If Concurrently with the execution and delivery of this Agreement, the Director shall deliver to the Corporation elects to issue share certificates to an executed stock power in the Participant, the Participant shall be required to execute a stock powerform attached hereto as Exhibit A, in a form prescribed by the Corporationblank, with respect to such shares. The Corporation shall not deliver any share certificates in accordance with this Award Agreement unless and until the Corporation shall have received such stock power executed by such Participantthe Director. The ParticipantDirector, by acceptance of the Award, shall be deemed to appoint, and does so appoint by execution of this Award Agreement, the Corporation and each of its authorized representatives as the ParticipantDirector’s attorney(s)-in-fact to effect any transfer of unvested forfeited shares (or shares otherwise reacquired by the Corporation hereunder) to the Corporation as may be required pursuant to the Plan or this Award Agreement and to execute such documents as the Corporation or such representatives deem necessary or advisable in connection with any such transfer.

Appears in 1 contract

Samples: Director Restricted Stock Award Agreement (Napster Inc)

Stock Power; Power of Attorney. If Concurrently with the execution and delivery of this Agreement, the Executive shall deliver to the Corporation elects to issue share certificates to an executed stock power in the Participant, the Participant shall be required to execute a stock powerform attached hereto as Exhibit A, in a form prescribed by the Corporationblank, with respect to such shares. The Corporation shall not deliver any share certificates in accordance with this Award Agreement unless and until the Corporation shall have received such stock power executed by such Participantthe Executive. The ParticipantExecutive, by acceptance of the AwardRestricted Shares, shall be deemed to appoint, and does so appoint by execution of this Award Agreement, the Corporation and each of its authorized representatives as the ParticipantExecutive’s attorney(s)-in-fact to effect any transfer of unvested forfeited shares (or shares otherwise reacquired by the Corporation hereunder) to the Corporation as may be required pursuant to the Plan or this Award Agreement and to execute such documents as the Corporation or such representatives deem necessary or advisable in connection with any such transfer.

Appears in 1 contract

Samples: Restricted Stock Agreement (Platinum Energy Resources Inc)

Stock Power; Power of Attorney. If Concurrently with the Corporation elects to issue share certificates to the Participantexecution and delivery of this Agreement, the Participant shall be required deliver to execute a the Corporation an executed stock powerpower in the form attached hereto as Exhibit A, in a form prescribed by the Corporationblank, with respect to such shares. The Corporation shall not deliver any share certificates in accordance with this Award Agreement unless and until the Corporation shall have received such stock power executed by such the Participant. The Participant, by acceptance of the Award, shall be deemed to appoint, and does so appoint by execution of this Award Agreement, the Corporation and each of its authorized representatives as the Participant’s attorney(s)-in-fact to effect any transfer of unvested forfeited shares (or shares otherwise reacquired by the Corporation hereunder) to the Corporation as may be required pursuant to the Plan or this Award Agreement and to execute such documents as the Corporation or such representatives deem necessary or advisable in connection with any such transfer.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Napster Inc)

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