Book Entry Certificates Clause Example with 3 Variations from Business Contracts

This page contains Book Entry Certificates clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Book Entry Certificates. The Company shall recognize Participant's ownership of Shares through uncertificated book entry. If elected by the Company, certificates evidencing the Shares may be issued by the Company and any such certificates shall be registered in Participant's name on the stock transfer books of the Company promptly after the date hereof, but shall remain in the physical custody of the Company or its designee at all times prior to the later of (x) the vesting of Unvested Restricted Shares pursuant to this... Agreement and (y) the expiration of any transfer restrictions set forth in this Agreement or otherwise applicable to the Shares. As soon as practicable following such time, any certificates for the Shares shall be delivered to Participant or to Participant's legal guardian or representative along with the stock powers relating thereto. However, the Company shall not be liable to Participant for damages relating to any delays in issuing the certificates (if any) to Participant, any loss by Participant of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves. View More Arrow

Variations of a "Book Entry Certificates" Clause from Business Contracts

Book Entry Certificates. The Company shall may recognize Participant's ownership of Shares through uncertificated book entry. If elected by entry or through the Company, issuance of certificates evidencing the Shares may be issued by the Company and any Exchange Shares. Any such certificates shall will be registered in Participant's name on the stock transfer books of the Company promptly after the date hereof, Exchange Date, but shall may remain in the physical custody of the Company or its designee at all times prior ...to the later of (x) the vesting of Unvested Restricted Shares pursuant to this Agreement and (y) the expiration of any transfer restrictions set forth in this Agreement or otherwise applicable to the Exchange Shares. As soon as practicable following such time, any certificates for the Exchange Shares shall will be delivered to Participant or to Participant's legal guardian or representative along with the stock powers relating thereto. However, the The Company shall will not be liable to Participant for damages relating to any delays in issuing the certificates (if any) to Participant, any loss by Participant of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves. View More Arrow
Book Entry Certificates. The Company shall recognize the Participant's ownership of Shares through uncertificated book entry. If elected by the Company, certificates evidencing the Shares Common Stock granted hereunder may be issued by the Company and any such certificates shall be registered in the Participant's name on the stock transfer books of the Company promptly after the date hereof, but shall remain in the physical custody of the Company or its designee at all times prior to the later of (x) the vesting of Unve...sted Restricted Shares the Award pursuant to this Agreement and (y) the expiration of any transfer restrictions set forth in this Agreement or otherwise applicable to the Shares. Common Stock subject to the Award. As soon as practicable following such time, any certificates for the Shares Common Stock subject to the Award shall be delivered issued to the Participant or to the Participant's legal guardian or representative along with the stock powers relating thereto. No certificates shall be issued for fractional shares. To the extent required by the Company, the Participant shall deliver to the Company a stock power, duly endorsed in blank, relating to any portion of the Award that has not previously vested. However, the Company shall not be liable to the Participant for damages relating to any delays in issuing the certificates (if any) to the Participant, any loss by the Participant of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves. View More Arrow
Book Entry Certificates. The Company shall may recognize Participant's ownership of Shares through uncertificated book entry. If elected by entry or through the Company, issuance of certificates evidencing the Shares may be issued by the Company and any Exchange Shares. Any such certificates shall be registered in Participant's name on the stock transfer books of the Company promptly after the date hereof, but shall remain in the physical custody of the Company or its designee at all times prior to the later of (x) the ...vesting of Unvested Restricted Shares pursuant to this Agreement and (y) the expiration of any transfer restrictions set forth in this Agreement or otherwise applicable to the Exchange Shares. As soon as practicable following such time, any certificates for the Exchange Shares shall be delivered to Participant or to Participant's legal guardian or representative along with the stock powers relating thereto. However, the The Company shall not be liable to Participant for damages relating to any delays in issuing the certificates (if any) to Participant, any loss by Participant of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves. View More Arrow