Common use of Transfer of Stock to Trustee Clause in Contracts

Transfer of Stock to Trustee. The Stockholder shall deposit the number of shares of capital stock referred to above and the certificates therefor, together with sufficient instruments duly executed for the transfer thereof to the Trustee, and shall receive in exchange therefor certificates hereinafter provided for. Upon the making of such deposit, all shares represented by the stock certificates so deposited shall be transferred on the books of the Corporation to the name of the Trustee, who is hereby authorized and empowered to cause such transfers to be made, and also to cause any further transfers to be made that may become necessary, due to a change in the identity of any Trustee, as hereinafter provided.

Transfer of Stock to Trustee. The Stockholder shall Each Shareholder will deposit the number of shares of capital stock referred to set forth opposite his or her name above and the certificates thereforrepresenting those shares, together with sufficient instruments duly executed for the their transfer thereof to the Trustee, with the Trustee, and shall will receive in exchange therefor certificates hereinafter provided fortrust certificates. Upon On the making of such that deposit, all shares represented by the stock certificates so deposited shall will be transferred on the books of the Corporation Company to the name of the Trustee, who is hereby authorized and empowered to cause such transfers to be made, and also to cause any further transfers to be made that may become necessary, necessary due to a change in the identity of any Trustee, trustee or trustees as hereinafter providedprovided here.

Transfer of Stock to Trustee. The Stockholder Each Shareholder shall deposit the number of shares of capital stock referred to set forth opposite its name above and the certificates thereforfor the stock, together with sufficient instruments duly executed for the transfer thereof to the Trustee, and shall receive in exchange therefor certificates hereinafter provided forvoting trust certificates. Upon the making of such deposit, all shares represented by the stock certificates so deposited shall be transferred on the books of the Corporation to the name names of the Trustee, who is hereby authorized and empowered ( including by way of attorney in fact for each of NuState and of Rentar) to cause such the transfers to be made, and also to cause any further transfers to be made that may become necessary, necessary due to a change in the identity of any Trustee, the Trustee as hereinafter providedprovided below.