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

Stock Power; Power of Attorney. Concurrent with the execution and delivery of this Agreement, the Executive shall deliver to the Corporation an executed stock power in the form attached hereto as Appendix A, in blank, with respect to the Restricted Shares and any related Restricted Property. The Executive, by acceptance of this award, shall be deemed to appoint, and does so appoint by execution of this Agreement, the Corporation and each of its authorized representatives as the Executive’s attorney(s)-in-fact to effect any transfer of unvested, forfeited shares and any related Restricted Property to the Corporation as may be required or permitted pursuant to this Agreement and to execute such documents as the Corporation or such representative(s) deem necessary or advisable in connection with any such transfer.

Appears in 2 contracts

Samples: Employment Agreement (Luminent Mortgage Capital Inc), Restricted Stock Award Agreement (Luminent Mortgage Capital Inc)

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Stock Power; Power of Attorney. Concurrent Concurrently with the execution and delivery of this Award Agreement, the Executive Participant shall deliver to the Corporation an executed stock power in the form attached hereto as Appendix Exhibit A, in blank, with respect to the Restricted Shares and any related Restricted Propertysuch shares. The ExecutiveParticipant, by acceptance of this awardthe 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 ExecutiveParticipant’s attorney(s)-in-fact to effect any transfer of unvested, unvested forfeited shares and any related Restricted Property (or shares otherwise reacquired by the Corporation hereunder) to the Corporation as may be required or permitted pursuant to the Plan or this Award Agreement and to execute such documents as the Corporation or such representative(s) representatives deem necessary or advisable in connection with any such transfer.

Appears in 1 contract

Samples: Performance Based Award Agreement (New Century Financial Corp)

Stock Power; Power of Attorney. Concurrent with the execution and delivery of this Agreement, the Executive Manager shall deliver to the Corporation Company an executed stock power in the form attached hereto as Appendix Exhibit A, in blank, with respect to the Restricted Shares and any related Restricted Property. The ExecutiveManager, by acceptance of this awardthe Restricted Shares, shall be deemed to appoint, and does so appoint by execution of this Agreement, the Corporation Company and each of its authorized representatives as the ExecutiveManager’s attorney(s)-inattorneys-in-fact to effect any transfer of unvested, forfeited shares and any related Restricted Property to the Corporation Company as may be required or permitted pursuant to this Agreement and to execute such documents as the Corporation Company or such representative(s) representatives deem necessary or advisable in connection with any such transfer.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Luminent Mortgage Capital Inc)

Stock Power; Power of Attorney. Concurrent Concurrently with the execution and delivery of this Agreement, the Executive Individual shall deliver to the Corporation an executed stock power in the form attached hereto as Appendix Ahereto, in blank, with respect to the Restricted Shares and any related Restricted Propertysuch shares. The ExecutiveIndividual, by acceptance of this awardthe Restricted Stock, shall be deemed to appoint, and does so appoint by execution of this Agreement, the Corporation and each of its authorized representatives as the ExecutiveIndividual’s attorney(s)-in-fact to effect any transfer of unvested, unvested forfeited shares and any related of Restricted Property Stock (or shares otherwise reacquired by the Corporation hereunder) to the Corporation as may be required or permitted pursuant to this the Agreement and to execute such documents as the Corporation or such representative(s) representatives deem necessary or advisable in connection with any such transfer.

Appears in 1 contract

Samples: Restricted Stock Agreement (Quiksilver Inc)

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Stock Power; Power of Attorney. Concurrent with the execution and delivery of this Award Agreement, the Executive Participant shall deliver to the Corporation an executed stock power in the form attached hereto as Appendix AExhibit B, in blank, with respect to the Restricted Shares and any related Restricted Propertysuch shares. The ExecutiveParticipant, by acceptance of this awardthe 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 ExecutiveParticipant’s attorney(s)-in-fact to effect any transfer of unvested, unvested forfeited shares and any related Restricted Property (or shares otherwise reacquired by the Corporation hereunder) to the Corporation as may be required or permitted pursuant to the Plan or this Award Agreement and to execute such documents as the Corporation or such representative(s) representatives deem necessary or advisable in connection with any such transfer.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Electronics for Imaging Inc)

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