Irrevocable Stock Power definition

Irrevocable Stock Power. Know all men by these presents, that the undersigned, For Value Received, has bargained, sold, assigned and transferred and by these presents does bargain, sell, assign and transfer unto The Men’s Wearhouse, Inc., a Texas corporation (the “Company”), the Shares transferred pursuant to the Restricted Stock Award Agreement dated effective , 20 , between the Company and the undersigned; and subject to and in accordance with such Restricted Stock Award Agreement the undersigned does hereby constitute and appoint the Secretary of the Company the undersigned’s true and lawful attorney, IRREVOCABLY, to sell, assign, transfer, hypothecate, pledge and make over all or any part of such Shares and for that purpose to make and execute all necessary acts of assignment and transfer thereof, and to substitute one or more persons with like full power, hereby ratifying and confirming all that said attorney or his substitutes shall lawfully do by virtue hereof.
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Irrevocable Stock Power shall have the meaning as described in Section 3.2 hereof.
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Examples of Irrevocable Stock Power in a sentence

  • To facilitate the escrow of the Shares and any reconveyance of the Shares to the Company upon forfeiture, sale of the Shares or any other event, the Executive has delivered to the Company the Irrevocable Stock Power attached as Exhibit “A” hereto, with respect to the Shares, executed by the Executive in blank as of the date of this Agreement.

  • The Participant, by his or her acceptance of the Restricted Stock, agrees to be bound by all of the terms and conditions of this Agreement, including, without limitation, the provisions of Exhibit A, Exhibit B and the Plan, and further consents to and agrees to be bound by the Irrevocable Stock Power presented herewith.

  • The cancellation of the Series A Shares will be evidenced by the a signed Irrevocable Stock Power in the form set forth on Exhibit A, attached hereto (the “Stock Power”).

  • Shareholder agrees that Shareholder shall deliver to RDAR, on the Effective Time, an Irrevocable Stock Power in the form of Exhibit A attached hereto.

  • The Participant, by his or her acceptance of the Restricted Stock, agrees to be bound by all of the terms and conditions of this Agreement and the Plan, and further consents to and agrees to be bound by the Irrevocable Stock Power presented herewith.

  • Until you select the "Accept" button below and accept the corresponding Irrevocable Stock Power (the “Power”), this Award shall not be effective and if you do not select the “Accept" button and accept the corresponding Power within 14 days from the date the Agreement is made available to you electronically this Award shall be null and void.

  • Pledgor hereby deposits with Kahn, Kleinman, Yano▇▇▇▇ & ▇rns▇▇ ▇▇., L.P.A. as Agent (the "Agent"), a stock certificate representing the Pledged Shares, and an Irrevocable Stock Power duly endorsed by Pledgor to transfer the Pledged Shares.

  • To facilitate the escrow of the Shares and any conveyance of the Shares to the Company upon their forfeiture, I have delivered herewith the attached Irrevocable Stock Power with respect to the Shares, executed by me in blank as of the date of this Agreement.

  • The Participant, by his or her acceptance of the Restricted Stock, agrees to be bound by all of the terms and conditions of this Agreement, including, without limitation, the provisions of Exhibit A, and the Plan, and further consents to and agrees to be bound by the Irrevocable Stock Power presented herewith.

  • Until you select the “Accept” button below and accept the corresponding Irrevocable Stock Power (the “Power”), this Award shall not be effective and if you do not select the “Accept” button and accept the corresponding Power within 14 days from the date the Agreement is made available to you electronically this Award shall be null and void.