Examples of Deposit Shares in a sentence
The Deposit Shares shall be held by the Escrow Agent in accordance with the terms of this Agreement from the date of deposit until the Deposit Shares have been disposed of by Escrow Agent in accordance with this Agreement.
Deposit Shares shall be issued in an amount which the Deposit Share Participant (as defined in Section 6(e)(i) below) elects to use to acquire Common Stock (subject to limits provided in this Section 6(e)) divided by the Fair Market Value of a share of Common Stock on the Award Date (as defined in Section 6(e)(ii) below).
If the number of the Forfeited Shares is less than the number of the Deposit Shares then held in escrow hereunder, then the Company shall cause a new certificate to be issued for the remaining number of Deposit Shares represented by the certificate delivered to the Company and returned to the Escrow Agent to be held pursuant to the terms of this Escrow Agreement.
The shares so deposited with the Escrow Agent and such stock powers are referred to herein collectively as the “Deposit Shares.” The Deposit Shares shall be registered in the name of Employee.
The Deposit Shares have been duly registered in the name of Seller, with no stop orders or other restrictions on transfer, except for the terms of the Escrow Agreement.