Delivery of Shares Contract Clauses (614)

Grouped Into 27 Collections of Similar Clauses From Business Contracts

This page contains Delivery of Shares clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Delivery of Shares. (a) General. Subject to the provisions of Sections 4(b) and 4(c) hereof, within thirty (30) days following the vesting of the RSUs, the Participant shall receive the number of shares of Common Stock that correspond to the number of RSUs that have become vested on the applicable vesting date; provided that the Participant shall be obligated to pay to the Company the aggregate par value of the shares of Common Stock to be issued within ten (10) days following the issuance of such shares unless suc...h shares have been issued by the Company from the Company's treasury. (b) Blackout Periods. If the Participant is subject to any Company "blackout" policy or other trading restriction imposed by the Company on the date such distribution would otherwise be made pursuant to Section 4(a) hereof, such distribution shall be instead made on the earlier of (i) the date that the Participant is not subject to any such policy or restriction and (ii) the later of (A) the end of the calendar year in which such distribution would otherwise have been made and (B) a date that is immediately prior to the expiration of two and one-half months following the date such distribution would otherwise have been made hereunder. 2 (c) Deferrals. If permitted by the Company, the Participant may elect, subject to the terms and conditions of the Plan and any other applicable written plan or procedure adopted by the Company from time to time for purposes of such election, to defer the distribution of all or any portion of the shares of Common Stock that would otherwise be distributed to the Participant hereunder (the "Deferred Shares"), consistent with the requirements of Section 409A of the Code. Upon the vesting of RSUs that have been so deferred, the applicable number of Deferred Shares shall be credited to a bookkeeping account established on the Participant's behalf (the "Account"). Subject to Section 5 hereof, the number of shares of Common Stock equal to the number of Deferred Shares credited to the Participant's Account shall be distributed to the Participant in accordance with the terms and conditions of the Plan and the other applicable written plans or procedures of the Company, consistent with the requirements of Section 409A of the Code. View More
Found in CARVANA CO. contract
View All 4 Similar Clauses
Delivery of Shares. (a) General. Subject to the provisions of Sections 4(b) and 4(c) hereof, within thirty (30) days following the vesting of the RSUs, the Participant shall receive the number of shares of Common Stock that correspond to the number of RSUs that have become vested on the applicable vesting date; provided that the Participant shall be obligated to pay to the Company the aggregate par value of the shares of Common Stock to be issued within ten (10) days following the issuance of such shares unless suc...h shares have been issued by the Company from the Company's treasury. (b) Blackout Periods. If the Participant is subject to any Company "blackout" policy or other trading restriction imposed by the Company on the date such distribution would otherwise be made pursuant to Section 4(a) hereof, such distribution shall be instead made on the earlier of (i) the date that the Participant is not subject to any such policy or restriction and (ii) the later of (A) the end of the calendar year in which such distribution would otherwise have been made and (B) a date that is immediately prior to the expiration of two and one-half months following the date such distribution would otherwise have been made hereunder. 2 (c) Deferrals. If permitted by the Company, the Participant may elect, subject to the terms and conditions of the Plan and any other applicable written plan or procedure adopted by the Company from time to time for purposes of such election, to defer the distribution of all or any portion of the shares of Common Stock that would otherwise be distributed to the Participant hereunder (the "Deferred Shares"), consistent with the requirements of Section 409A of the Code. Upon the vesting of RSUs that have been so deferred, the applicable number of Deferred Shares shall be credited to a bookkeeping account established on the Participant's behalf (the "Account"). Subject to Section 5 hereof, the number of shares of Common Stock equal to the number of Deferred Shares credited to the Participant's Account shall be distributed to the Participant in accordance with the terms and conditions of the Plan and the other applicable written plans or procedures of the Company, consistent with the requirements of Section 409A of the Code. 2 5. Dividends; Rights as Stockholder. Cash dividends on shares of Common Stock issuable hereunder shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU granted to the Participant, provided that such cash dividends shall not be deemed to be reinvested in shares of Common Stock and shall be held uninvested and without interest and paid in cash at the same time that the shares of Common Stock underlying the RSUs are delivered to the Participant in accordance with the provisions hereof. Stock dividends on shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU granted to the Participant, provided that such stock dividends shall be paid in shares of Common Stock at the same time that the shares of Common Stock underlying the RSUs are delivered to the Participant in accordance with the provisions hereof. Except as otherwise provided herein, the Participant shall have no rights as a stockholder with respect to any shares of Common Stock covered by any RSU unless and until the Participant has become the holder of record of such shares. View More
Found in loanDepot, Inc. contract
Delivery of Shares. (a) General. Subject to the provisions of Sections 4(b) and 4(c) hereof, within thirty (30) days As soon as administratively practicable following the vesting of the RSUs, the Participant shall receive the number of shares of Common Stock that correspond to the number of RSUs that have become vested on the applicable vesting date; provided that the Participant shall be obligated to pay to the Company the aggregate par value of the shares of Common Stock to be issued within ten (10) days followin...g the issuance of such shares unless such shares have been issued by the Company from the Company's treasury. (b) Blackout Periods. If the Participant is subject to any Company "blackout" policy or other trading restriction imposed by the Company on the date such distribution would otherwise be made pursuant to Section 4(a) hereof, 3, but in no event later than 60 days after such distribution shall be instead made on the earlier of (i) the date that the Participant is not subject to any such policy or restriction and (ii) the later of (A) the end of the calendar year in which such distribution would otherwise have been made and (B) a date that is immediately prior to the expiration of two and one-half months following the date such distribution would otherwise have been made hereunder. 2 (c) Deferrals. If permitted by the Company, the Participant may elect, subject to the terms and conditions of the Plan and any other applicable written plan or procedure adopted by vesting date, the Company from time to time for purposes of such election, to defer the distribution of all or any portion of the shares of Common Stock that would otherwise be distributed shall deliver to the Participant hereunder (the "Deferred Shares"), consistent with the requirements of Section 409A of the Code. Upon the vesting of RSUs that have been so deferred, the applicable number of Deferred Shares shall be credited to a bookkeeping account established on the Participant's behalf (the "Account"). Subject to Section 5 hereof, the number of shares of Common Stock equal to the number of Deferred Shares vested RSUs. All shares of Common Stock issued hereunder shall be delivered either by delivering one or more certificates for such shares to the Participant or by entering such shares in book entry form, as determined by the Committee in its sole discretion. The value of the shares of Common Stock shall not bear any interest owing to the passage of time. Neither this Section 4 nor any action taken pursuant to or in accordance with this Agreement shall be construed to create a trust or a funded or secured obligation of any kind. 2 5. Dividends and Dividend Equivalent Rights. The cash dividends that would have been payable to the Participant had the unvested RSUs held by the Participant at the record date of such dividend been instead shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant's Account Participant with respect to each unvested RSU of the Participant, provided that such cash dividends shall not be deemed to be reinvested in shares of Common Stock and shall be distributed held uninvested and without interest and paid in cash as unvested RSUs vest. Stock dividends on shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU granted to the Participant, provided that such stock dividends shall be paid in shares of Common Stock at the same time that the shares of Common Stock underlying the RSUs are delivered to the Participant in accordance with the terms provisions hereof. Except as otherwise provided herein, (i) any amount potentially payable to the Participant in respect of any dividend payable to holders of Common Stock shall be automatically forfeited for no consideration to the extent the RSU to which they relate are forfeited for any reason prior to vesting and conditions (ii) the Participant shall have no rights as a stockholder with respect to any shares of Common Stock covered by any RSU unless and until the Plan and Participant has become the other applicable written plans or procedures holder of the Company, consistent with the requirements record of Section 409A of the Code. such shares. View More
Found in AGILITI, INC. contract
Delivery of Shares. (a) General. Subject to the provisions of Sections 4(b) and 4(c) Section 17 hereof, within thirty (30) ten (10) days following the applicable vesting date of the RSUs, RSUs the Participant shall receive the number of shares of Common Stock that correspond to the number of RSUs that have become vested on the applicable vesting date; provided that the Participant shall be obligated to pay to the Company the aggregate par value of the shares of Common Stock to be issued within ten (10) days followi...ng the issuance of such shares unless such shares have been issued by the Company from the Company's treasury. (b) Blackout Periods. If the Participant is subject to any Company "blackout" policy or other trading restriction imposed by the Company on the date such distribution would otherwise be made pursuant to Section 4(a) hereof, such distribution shall be instead made on the earlier of (i) the date that the Participant is not subject to any such policy or restriction and (ii) the later of (A) the end of the calendar year in which such distribution would otherwise have been made and (B) date, less a date that is immediately prior to the expiration of two and one-half months following the date such distribution would otherwise have been made hereunder. 2 (c) Deferrals. If permitted by the Company, the Participant may elect, subject to the terms and conditions of the Plan and any other applicable written plan or procedure adopted by the Company from time to time for purposes of such election, to defer the distribution of all or any portion of the shares of Common Stock that would otherwise be distributed to the Participant hereunder (the "Deferred Shares"), consistent with the requirements of Section 409A of the Code. Upon the vesting of RSUs that have been so deferred, the applicable number of Deferred Shares shall be credited to a bookkeeping account established on the Participant's behalf (the "Account"). Subject to Section 5 hereof, the number of shares of Common Stock equal to the product of (i) the Fair Market Value of the shares of Common Stock on the delivery date and (ii) the highest marginal Federal tax rate applicable to individuals, with the result rounded down to the nearest whole share (the "Tax Reduction"). The Fair Market Value of the shares of Common Stock subject to the Tax Reduction shall be paid to the Participant in cash at the same time as the delivery of the shares of Common Stock pursuant to this Section 4 (collectively, the "RSU Settlement"). 2 5. Dividends; Rights as Stockholder. Cash dividends on the number of Deferred Shares shares of Common Stock issuable hereunder shall be credited to a dividend book entry account on behalf of the Participant's Account Participant with respect to each RSU granted to the Participant; provided that such cash dividends shall not be deemed to be reinvested in shares of Common Stock and shall be distributed held uninvested and without interest and paid in cash at the same time that the shares of Common Stock underlying the RSUs are delivered to the Participant in accordance with the terms and conditions provisions hereof. Stock dividends on shares of Common Stock shall be credited to a dividend book entry account on behalf of the Plan and Participant with respect to each RSU granted to the other applicable written plans or procedures Participant; provided that such stock dividends shall be paid in shares of Common Stock at the Company, consistent same time that the shares of Common Stock underlying the RSUs are delivered to the Participant in accordance with the requirements provisions hereof. Except as otherwise provided herein, the Participant shall have no rights as a stockholder with respect to any shares of Section 409A Common Stock covered by any RSU unless and until the Participant has become the holder of the Code. record of such shares. View More
Found in TALOS PETROLEUM LLC contract
View Variations (4)
Delivery of Shares. The Company shall, as soon as practicable upon the vesting of any RSUs (but in no event later than thirty (30) days following the date on which such RSUs vest), effect delivery of the Shares with respect to such vested RSUs to the Participant (or, in the event of the RSUs have passed to the estate or beneficiary of the Participant or a permitted transferee, to such estate or beneficiary or permitted transferee).
Found in Landcadia Holdings III, Inc. contract
View All 4 Similar Clauses
Delivery of Shares. The Company shall, as soon as practicable upon the vesting of any RSUs (but in no event later than thirty (30) days following the date on which such RSUs vest), effect delivery of the Shares with respect to such vested RSUs to the Participant (or, in the event of the RSUs have passed to the estate or beneficiary of the Participant or a permitted transferee, to by such estate or beneficiary or permitted transferee). transferee) and, following such delivery of Shares, such vested RSUs shall cease ...to be outstanding. View More
Found in Hayward Holdings, Inc. contract
Delivery of Shares. The Company shall, as soon as practicable upon the vesting of any RSUs (but in no event later than thirty (30) days following the date on which such RSUs vest), effect delivery of the Shares with respect to such vested RSUs to the Participant (or, in the event of the RSUs have passed to the estate or beneficiary of the Participant or a permitted transferee, to by such estate or beneficiary or permitted transferee). 1 Note to Draft: To be removed for non-employee director grants.
Found in Duckhorn Portfolio, Inc. contract
Delivery of Shares. The Company shall, as soon as practicable upon the vesting of any RSUs Earned PSUs (but in no event later than thirty (30) days following the date on which such RSUs Earned PSUs vest), effect delivery of the Shares with respect to such vested RSUs Earned PSUs to the Participant (or, in the event of the RSUs PSUs have passed to the estate or beneficiary of the Participant or a permitted transferee, to such estate or beneficiary or permitted transferee).
Found in LianBio contract
View Variations (4)
Delivery of Shares. (a) General. Subject to the provisions of Section 4(b) hereof, within 30 days following the vesting of the RSUs, the Participant will receive the number of shares of Common Stock that correspond to the number of RSUs that have become vested on the applicable vesting date. Without limiting the foregoing, in lieu of delivering only shares of Common Stock, the Committee may, in its sole discretion, settle any vested RSUs by payment to the Participant in cash of an amount equal to the Fair Market Va...lue of the number of shares of Common Stock that correspond to the number of RSUs that have become vested on the applicable vesting date. The Participant acknowledges and agrees to notify the Company in writing if he or she sells any shares of Common Stock acquired pursuant to such settlement within one year of any such sale. (b) Blackout Periods. If the Participant is subject to any Company "blackout" policy or other trading restriction imposed by the Company on the date such distribution would otherwise be made pursuant to Section 4(a) hereof, the Company may defer such distribution until the earlier of (i) the date that the Participant is not subject to any such policy or restriction and (ii) the later of (A) the end of the calendar year in which such distribution would otherwise have been made and (B) a date that is immediately prior to the expiration of two and one-half months following the date such distribution would otherwise have been made hereunder. View More
Found in PAYCOR HCM, INC. contract
Delivery of Shares. (a) General. Subject to the provisions of Section 4(b) hereof, within 30 thirty (30) days following the vesting of the RSUs, the Participant will shall receive the number of shares of Common Stock that correspond to the number of RSUs that have become vested on the applicable vesting date. Without limiting the foregoing, in lieu of delivering only date, less any shares of Common Stock, the Committee may, in its sole discretion, settle any vested RSUs withheld by payment to the Participant in cas...h of an amount equal to the Fair Market Value of the number of shares of Common Stock that correspond to the number of RSUs that have become vested on the applicable vesting date. The Participant acknowledges and agrees to notify the Company in writing if he or she sells any shares of Common Stock acquired pursuant to such settlement within one year of any such sale. Section 8 hereof. (b) Blackout Periods. If the Participant is subject to any Company "blackout" policy or other trading restriction imposed by the Company on the date such distribution would otherwise be made pursuant to Section 4(a) hereof, the Company may defer such distribution until shall be instead made on the earlier of (i) the date that the Participant is not subject to any such policy or restriction and (ii) the later of (A) the end of the calendar year in which such distribution would otherwise have been made and (B) a date that is immediately prior to the expiration of two and one-half months following the date such distribution would otherwise have been made hereunder. View More
Found in CISION LTD. contract
Delivery of Shares. (a) General. Subject to the provisions of Section 4(b) hereof, within 30 thirty (30) days following the vesting of the RSUs, the Participant will shall receive the number of shares of Common Stock that correspond to the number of RSUs that have become vested on the applicable vesting date. Without limiting the foregoing, in lieu of delivering only shares of Common Stock, the Committee may, in its sole discretion, settle any vested RSUs by payment to the Participant in cash of an amount equal to ...the Fair Market Value of the number of shares of Common Stock that correspond to the number of RSUs that have become vested on the applicable vesting date. The Participant acknowledges and agrees to notify the Company in writing if he or she sells date, less any shares of Common Stock acquired withheld by the Company pursuant to such settlement within one year of any such sale. Section 9 hereof. (b) Blackout Periods. If the Participant is subject to any Company "blackout" policy or other trading restriction imposed by the Company on the date such distribution would otherwise be made pursuant to Section 4(a) hereof, the Company may defer such distribution until shall be instead made on the earlier of (i) the date that the Participant is not subject to any such policy or restriction and (ii) the later of (A) the end of the calendar year in which such distribution would otherwise have been made and (B) a date that is immediately prior to the expiration of two and one-half months following the date such distribution would otherwise have been made hereunder. View More
Found in Berry Petroleum Corp contract
View Variations (3)
Delivery of Shares. (a) As of the date hereof, the Restricted Shares shall be registered in the name of the Grantee and held by the Corporation or transferred to a custodian appointed by the Corporation for the account of the Grantee subject to the terms and conditions of the Plan and shall remain in the custody of the Corporation or such custodian until their delivery to the Grantee or Grantee's beneficiary or estate as set forth in Sections 4(b) and 4(c) hereof or their reversion to the Corporation as set forth i...n Sections 2(b)(iii) and 6 hereof. (b) The Restricted Shares in respect of which the Restricted Period has lapsed pursuant to this Agreement shall be delivered to the Grantee as soon as practicable following the date on which the restrictions on such Restricted Shares lapse subject to Section 7 below. The Corporation shall issue the Restricted Shares either (i) in certificate form or (ii) in book entry form, registered in the name of the Grantee, with legends, or notations, as applicable, referring to the terms, conditions and restrictions applicable to the Award. (c) Restricted Shares in respect of which the Restricted Period lapsed upon the Grantee's death shall be delivered to the executors or administrators of the Grantee's estate in the manner described in Section 4(b) as soon as practicable following the receipt of proof of the Grantee's death satisfactory to the Corporation subject to Section 7 below. (d) Any certificate issued representing Restricted Shares shall bear a legend in substantially the following form: THIS CERTIFICATE AND THE SHARES OF STOCK REPRESENTED HEREBY ARE SUBJECT TO THE TERMS AND CONDITIONS (INCLUDING FORFEITURE AND RESTRICTIONS AGAINST TRANSFER) CONTAINED IN THE ACI WORLDWIDE, INC. 2016 EQUITY AND PERFORMANCE INCENTIVE PLAN (THE "PLAN") AND THE RESTRICTED SHARE AWARD AGREEMENT (THE "AGREEMENT") BETWEEN THE OWNER OF THE RESTRICTED SHARES REPRESENTED HEREBY AND ACI WORLDWIDE, INC. (THE "CORPORATION"). THE RELEASE OF SUCH SHARES FROM SUCH TERMS AND CONDITIONS SHALL BE MADE ONLY IN ACCORDANCE WITH THE PROVISIONS OF THE PLAN AND THE AGREEMENT, COPIES OF WHICH ARE ON FILE AT THE CORPORATION. View More
Found in ACI Worldwide contract
Delivery of Shares. (a) As of the date hereof, certificates representing the Restricted Shares shall may be registered in the name of the Grantee and held by the Corporation Company or transferred to a custodian appointed by the Corporation Company for the account of the Grantee subject to the terms and conditions of the Plan and shall remain in the custody of the Corporation Company or such custodian until their delivery to the Grantee or Grantee's beneficiary or estate as set forth in Sections 4(b) and 4(c) (c) h...ereof or their forfeiture or reversion to the Corporation Company as set forth in Sections 2(b)(iii) Section 2(b) hereof. The Committee may, in its discretion, provide that Grantee's ownership of Restricted Shares prior to the lapse of any transfer restrictions or any other applicable restrictions shall, in lieu of such certificates, be evidenced by a "book entry" (i.e., a computerized or manual entry) in the records of the Company or its designated agent in accordance with and 6 hereof. subject to the applicable provisions of the Plan. (b) The If certificates shall have been issued as permitted in Section 4(a) above, the certificates representing Restricted Shares in respect of which the Restricted Period has lapsed 2 THE CHEFS' WAREHOUSE, INC. 10-K pursuant to this Agreement shall be delivered to the Grantee as soon as practicable upon request following the date on which the restrictions on such Restricted Shares lapse subject to lapse. (c) If certificates shall have been issued as permitted in Section 7 below. The Corporation shall issue 4(a) above, the Restricted Shares either (i) in certificate form or (ii) in book entry form, registered in the name of the Grantee, with legends, or notations, as applicable, referring to the terms, conditions and restrictions applicable to the Award. (c) certificates representing Restricted Shares in respect of which the Restricted Period lapsed upon the Grantee's death shall be delivered to the executors or administrators of the Grantee's estate in the manner described in Section 4(b) as soon as practicable following the receipt of proof of the Grantee's death satisfactory to the Corporation subject to Section 7 below. Company. (d) Any certificate issued representing Restricted Shares shall bear (and confirmation and account statements sent to a Grantee with respect to book-entry Shares may bear) a legend in substantially the following form: form or substance: THE SHARES OF STOCK REPRESENTED BY THIS CERTIFICATE MAY NOT BE SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF WITHOUT REGISTRATION UNDER THE SECURITIES ACT OF 1933 AND UNDER APPLICABLE BLUE SKY LAW OR UNLESS SUCH SALE, TRANSFER, PLEDGE OR OTHER DISPOSITION IS EXEMPT FROM REGISTRATION THEREUNDER. THIS CERTIFICATE AND THE SHARES OF STOCK REPRESENTED HEREBY ARE SUBJECT TO THE TERMS AND CONDITIONS (INCLUDING FORFEITURE AND RESTRICTIONS AGAINST TRANSFER) CONTAINED IN THE ACI WORLDWIDE, CHEFS' WAREHOUSE, INC. 2016 2011 OMNIBUS EQUITY AND PERFORMANCE INCENTIVE PLAN (THE "PLAN") AND THE RESTRICTED SHARE AWARD AGREEMENT (THE "AGREEMENT") BETWEEN THE OWNER OF THE RESTRICTED SHARES REPRESENTED HEREBY AND ACI WORLDWIDE, THE CHEFS' WAREHOUSE, INC. (THE "CORPORATION"). "COMPANY"). THE RELEASE OF SUCH SHARES FROM SUCH TERMS AND CONDITIONS SHALL BE MADE ONLY IN ACCORDANCE WITH THE PROVISIONS OF THE PLAN AND THE AGREEMENT, AGREEMENT AND ALL OTHER APPLICABLE POLICIES AND PROCEDURES OF THE COMPANY, COPIES OF WHICH ARE ON FILE AT THE CORPORATION. COMPANY. View More
Found in Chefs' Warehouse, Inc. contract
Delivery of Shares. (a) As of the date hereof, certificates representing the Restricted Shares shall may be registered in the name of the Grantee and held by the Corporation Company or transferred to a custodian 2 appointed by the Corporation Company for the account of the Grantee subject to the terms and conditions of the Plan and shall remain in the custody of the Corporation Company or such custodian until their delivery to the Grantee or Grantee's beneficiary or estate as set forth in Sections 4(b) and 4(c) (c)... hereof or their forfeiture or reversion to the Corporation Company as set forth in Sections 2(b)(iii) Section 2(b) hereof. The Committee may, in its discretion, provide that the Grantee's ownership of Restricted Shares prior to the lapse of any transfer restrictions or any other applicable restrictions shall, in lieu of such certificates, be evidenced by a "book entry" (i.e., a computerized or manual entry) in the records of the Company or its designated agent in accordance with and 6 hereof. subject to the applicable provisions of the Plan. (b) The If certificates shall have been issued as permitted in Section 4(a) above, certificates representing Restricted Shares in respect of which the Restricted Period has lapsed pursuant to this Agreement shall be delivered to the Grantee as soon as practicable following the date on which the restrictions on such Restricted Shares lapse subject to lapse. (c) If certificates shall have been issued as permitted in Section 7 below. The Corporation shall issue the Restricted Shares either (i) in certificate form or (ii) in book entry form, registered in the name of the Grantee, with legends, or notations, as applicable, referring to the terms, conditions and restrictions applicable to the Award. (c) 4(a) above, certificates representing Restricted Shares in respect of which the Restricted Period lapsed upon the Grantee's death shall be delivered to the executors or administrators of the Grantee's estate in the manner described in Section 4(b) as soon as practicable following the receipt of proof of the Grantee's death satisfactory to the Corporation subject to Section 7 below. Company. (d) Any certificate issued representing Restricted Shares shall bear (and confirmation and account statements sent to the Grantee with respect to book-entry Shares may bear) a legend in substantially the following form: form or substance: THIS CERTIFICATE AND THE SHARES OF STOCK REPRESENTED HEREBY ARE SUBJECT TO THE TERMS AND CONDITIONS (INCLUDING FORFEITURE AND RESTRICTIONS AGAINST TRANSFER) CONTAINED IN THE ACI WORLDWIDE, COMMUNITY FIRST, INC. 2016 EQUITY AND PERFORMANCE INCENTIVE PLAN (THE "PLAN") AND THE RESTRICTED SHARE AWARD AGREEMENT (THE "AGREEMENT") BETWEEN THE OWNER OF THE RESTRICTED SHARES REPRESENTED HEREBY AND ACI WORLDWIDE, COMMUNITY FIRST, INC. (THE "CORPORATION"). "COMPANY"). THE RELEASE OF SUCH SHARES FROM SUCH TERMS AND CONDITIONS SHALL BE MADE ONLY IN ACCORDANCE WITH THE PROVISIONS OF THE PLAN AND THE AGREEMENT, AGREEMENT AND ALL OTHER APPLICABLE POLICIES AND PROCEDURES OF THE COMPANY, COPIES OF WHICH ARE ON FILE AT THE CORPORATION. COMPANY. View More
Found in COMMUNITY FIRST INC contract
Delivery of Shares. (a) a. As of the date hereof, certificates representing the Restricted Shares shall be registered in the name of the Grantee and held by the Corporation Company or transferred to a custodian appointed by the Corporation Company for the account of the Grantee subject to the terms and conditions of the Plan LTIP and shall remain in the custody of the Corporation Company or such custodian until their delivery to the Grantee or Grantee's beneficiary or estate as set forth in Sections Section 4(b) an...d Section 4(c) hereof or their reversion to the Corporation Company as set forth in Sections 2(b)(iii) and 6 Section 2(b) hereof. (b) The b. Certificates representing Restricted Shares in respect of which the Restricted Period has lapsed pursuant to this Agreement shall be delivered to the Grantee as soon as practicable upon request following the date on which the restrictions on such Restricted Shares lapse subject to Section 7 below. The Corporation shall issue the Restricted Shares either (i) in certificate form or (ii) in book entry form, registered in the name of the Grantee, with legends, or notations, as applicable, referring to the terms, conditions and restrictions applicable to the Award. (c) lapse. c. Certificates representing Restricted Shares in respect of which the Restricted Period lapsed upon the Grantee's death shall be delivered to the executors or administrators of the Grantee's estate in the manner described in Section 4(b) as soon as practicable following the receipt of proof of the Grantee's death satisfactory to the Corporation subject to Section 7 below. (d) Any Company. d. Each certificate issued representing Restricted Shares shall bear a legend in substantially the following form: form or substance: THIS CERTIFICATE AND THE SHARES OF STOCK REPRESENTED HEREBY ARE SUBJECT TO THE TERMS AND CONDITIONS (INCLUDING FORFEITURE AND RESTRICTIONS AGAINST TRANSFER) CONTAINED IN THE ACI WORLDWIDE, INC. 2016 EQUITY AND PERFORMANCE INCENTIVE PLAN (THE "PLAN") AND THE RESTRICTED SHARE STOCK AWARD AGREEMENT (THE "AGREEMENT") BETWEEN THE OWNER GRANTEE OF THE RESTRICTED SHARES STOCK REPRESENTED HEREBY AND ACI WORLDWIDE, EDUCATION REALTY TRUST, INC. (THE "CORPORATION"). "COMPANY"). THE RELEASE OF SUCH SHARES FROM SUCH TERMS AND CONDITIONS SHALL BE MADE ONLY IN ACCORDANCE WITH THE PROVISIONS OF THE PLAN LTIP AND THE AGREEMENT, AGREEMENT AND ALL OTHER APPLICABLE POLICIES AND PROCEDURES OF THE COMPANY, COPIES OF WHICH ARE ON FILE AT THE CORPORATION. COMPANY. View More
Found in Education Realty Trust Inc. contract
View Variations (3)
Delivery of Shares. The Restricted Shares will be registered in the name of Grantee as of the Grant Date and may be held by the Company during the Restricted Period in certificated or uncertificated form. If a certificate for Restricted Shares is issued during the Restricted Period, such certificate shall be registered in the name of Grantee and shall bear a legend in substantially the following form (in addition to any legend required under applicable state securities laws): "This certificate and the shares of sto...ck represented hereby are subject to the terms and conditions (including forfeiture and restrictions against transfer) contained in a Restricted Stock Award Agreement between the registered owner of the shares represented hereby and EQT Corporation. Release from such terms and conditions shall be made only in accordance with the provisions of such Award Agreement, copies of which are on file in the offices of EQT Corporation." Stock certificates for the shares, without the first above legend, shall be delivered to Grantee or Grantee's designee upon request of Grantee after the expiration of the Restricted Period, but delivery may be postponed for such period as may be required for the Company with reasonable diligence to comply, if deemed advisable by the Company, with registration requirements under the Securities Act of 1933, listing requirements under the rules of any stock exchange, and requirements under any other law or regulation applicable to the issuance or transfer of the Restricted Shares. View More
Found in EQT Corp contract
Delivery of Shares. The Restricted Shares will be registered in the name of Grantee as of the Grant Date and may be held by the Company during the Restricted Period in certificated or uncertificated form. If a certificate for Restricted Shares is issued during the Restricted Period, Period with respect to such Shares, such certificate shall be registered in the name of Grantee and shall bear a legend in substantially the following form (in addition to any legend required under applicable state securities laws): "Th...is certificate and the shares of stock represented hereby are subject to the terms and conditions (including forfeiture and restrictions against transfer) contained in a Restricted Stock Award Agreement between the registered owner of the shares represented hereby and EQT Corporation. Citi Trends, Inc. Release from such terms and conditions shall be made only in accordance with the provisions of such Award Agreement, copies of which are on file in the offices of EQT Corporation." Citi Trends, Inc." Stock certificates for the shares, Shares, without the first above legend, shall be delivered to Grantee or Grantee's designee upon request of Grantee after the expiration of the Restricted Period, but delivery may be postponed for such period as may be required for the Company with reasonable diligence to comply, if deemed advisable by the Company, with registration requirements under the Securities Act of 1933, listing requirements under the rules of any stock exchange, and requirements under any other law or regulation applicable to the issuance or transfer of the Shares.4. Voting Rights. Grantee, as beneficial owner of the Shares, shall have full voting rights with respect to the Shares during and after the Restricted Shares. Period. View More
Found in Citi Trends Inc contract
Delivery of Shares. The Restricted Shares will be registered in the name of Grantee as of the Grant Date and may will be held by the Company during the Restricted Period in certificated or uncertificated form. If a certificate for Restricted Shares is issued during the Restricted Period, Period with respect to such Shares, such certificate shall be registered in the name of Grantee and shall bear a legend in substantially the following form (in addition to any legend required under applicable state securities laws)...: form: "This certificate and the shares of stock represented hereby are subject to the terms and conditions (including forfeiture and restrictions against transfer) contained in a Restricted Stock Award Agreement between the registered owner of the shares represented hereby and EQT Corporation. Micron Technology, Inc. Release from such terms and conditions shall be made only in accordance with the provisions of such Award Agreement, copies of which are on file in the offices of EQT Corporation." Micron Technology, Inc." Stock certificates for the shares, Shares, without the first above legend, shall be delivered to Grantee or Grantee's designee upon request of Grantee after the expiration of the Restricted Period, but delivery may be postponed for such period as may be required for the Company with reasonable diligence to comply, comply if deemed advisable by the Company, with registration requirements under the Securities Act of 1933, listing requirements under the rules of any stock exchange, and requirements under any other law or regulation applicable to the issuance or transfer of the Restricted Shares. View More
Found in Micron Technology contract
View Variations (3)
Delivery of Shares. No shares of Stock shall be delivered under this Grant Agreement until: (i) the Units vest pursuant to Section 3, Section 4.2, or Section 4.3, above, as the case may be; (ii) approval of any governmental authority required in connection with the Grant Agreement, or the issuance of shares thereunder, has been received by the Company; (iii) if required by the Committee, the Grantee has delivered to the Company documentation (in form and content acceptable to the Company in its sole and absolute di...scretion) to assist the Company in concluding that the issuance to the Grantee of any share of Stock under this Grant Agreement would not violate the Securities Act of 1933, as amended (the "Securities Act"), or any other applicable federal, state or local securities or other laws or regulations; (iv) the Grantee has complied with Section 14, below, in order for the proper provision for required tax withholdings to be made; and (v) the Grantee has executed and returned this Grant Agreement to the Company (which, in the case of a Grant Agreement provided to the Grantee in electronic format, requires that the Grantee click the "ACCEPT" button). This Grant Agreement must be executed by the Grantee no later than the earlier of: (i) 10 months from the Grant Date (through and including the normal close of business of the Company for its headquarters location in Phoenix, Arizona on January 4, 2020); or (ii) the date preceding the Vesting Date described in Section 3, above. View More
Found in ON SEMICONDUCTOR CORP contract
Delivery of Shares. No shares of Stock shall be delivered under this Grant Award Agreement until: (i) the Units vest pursuant to Section paragraph 3, Section 4.2, 4.1 or Section 4.3, 4.2 above, as the case may be; (ii) approval of any governmental authority required in connection with the Grant Award Agreement, or the issuance of shares thereunder, has been received by the Company; (iii) if required by the Committee, the Grantee has delivered to the Company documentation (in form and content acceptable to the Compa...ny in its sole and absolute discretion) to assist the Company in concluding that the issuance to the Grantee of any share of Stock under this Grant Agreement would not violate the Securities Act of 1933, as amended (the "Securities Act"), 1933 or any other applicable federal, federal or state or local securities or other laws or regulations; (iv) the Grantee has complied with Section 14, below, paragraph 14 below of this Award Agreement in order for the proper provision for required tax withholdings to be made; and (v) the Grantee has executed and returned this Grant Agreement to the Company (which, in the case of a Grant Agreement provided to the Grantee in electronic format, requires that the Grantee click the "ACCEPT" button). This Grant Agreement must be executed by the Grantee no later than than, the earlier of: of (i) 10 three (3) months from the Grant Date (through and including the normal close of business of the Company for its headquarters location in Phoenix, Arizona on January 4, 2020); Date; or (ii) the date preceding the first Vesting Date described in Section 3, above. paragraph 3 of this Grant Agreement. View More
Found in American Vanguard Corporation contract
Delivery of Shares. No shares of Stock shall be delivered under this Grant Agreement until: until (i) the Units vest in accordance with the schedule set forth in paragraph 2 above or pursuant to Section 3, Section 4.2, or Section 4.3, paragraph 3 above, as the case may be; (ii) approval of any governmental authority required in connection with the Grant Agreement, or the issuance of shares thereunder, has been received by the Company; (iii) if required by the Committee, the Grantee has delivered to the Company docu...mentation (in form and content acceptable to the Company in its sole and absolute discretion) to assist the Company in concluding that the issuance to the Grantee of any share of Stock under this Grant Agreement would not violate the Securities Act of 1933, as amended (the "Securities Act"), or any other applicable federal, state or local securities or other laws or regulations; (iv) the Grantee has complied with Section 14, below, paragraph 13 below of this Grant Agreement in order for the proper provision for required tax withholdings to be made; and (v) the Grantee 2 has executed and returned this Grant Agreement to the Company (which, in the case of a Grant Agreement provided to the Grantee in electronic format, requires that the Grantee click the "ACCEPT" button). This Grant Agreement must be executed by the Grantee no later than the earlier of: (i) 10 date eleven (11) months from the Grant Date (through Date, which is through and including the normal close of business of the Company for its headquarters location in Phoenix, Arizona on January 4, 2020); or (ii) the date preceding the Vesting Date described in Section 3, above. February 5, 2019. View More
Found in ON SEMICONDUCTOR CORP contract
View Variations (3)
Delivery of Shares. On the Payment Date, for that amount of shares for which there has been a lapse of the Forfeiture Restrictions with respect to the Performance Units granted, the Company shall cause to be delivered to the Holder any shares of Stock that are to be issued under the terms of this Agreement in exchange for all vested Performance Units awarded hereby. The shares shall be evidenced by stock certificates with the appropriate legends affixed thereto, appropriate entry on the books of the Company or of a... duly authorized transfer agent, or other appropriate means as determined by the Company, and such shares shall be transferable by the Holder. View More
Found in RigNet, Inc. contract
View All 4 Similar Clauses
Delivery of Shares. On Upon the Payment Date, for that amount of shares for which there has been a lapse of the Forfeiture Restrictions with respect to the Performance Units granted, RSUs granted hereby, the Company shall cause to be delivered to the Holder any shares of Stock that are to be issued under the terms of this Agreement in exchange for all vested Performance Units awarded hereby. The shares shall be Shares evidenced by stock certificates representing the Shares with the appropriate legends affixed there...to, appropriate entry on the books of the Company or of a duly authorized transfer agent, or other appropriate means as determined by the Company, and such shares Shares shall be transferable by the Holder. View More
Found in RigNet, Inc. contract
View Variations (4)
Delivery of Shares. The Company's obligation to deliver shares upon the vesting of the Performance Units shall be subject to applicable laws, rules and regulations and also to such approvals by governmental agencies as may be deemed appropriate to comply with relevant securities laws and regulations.
Found in Armstrong Flooring, Inc. contract
Delivery of Shares. The Company's obligation to deliver shares upon in connection with the vesting grant of the Performance Units Restricted Stock shall be subject to applicable laws, rules and regulations and also to such approvals by governmental agencies as may be deemed appropriate to comply with relevant securities laws and regulations.
Found in Armstrong Flooring, Inc. contract
Delivery of Shares. The Company's obligation to deliver shares upon the vesting of the Performance Time-Based Units shall be subject to applicable laws, rules and regulations and also to such approvals by governmental agencies as may be deemed appropriate to comply with relevant securities laws and regulations.
Found in ARMSTRONG WORLD INDUSTRIES INC contract
View Variations (3)
Delivery of Shares. Delivery of shares of Stock under this Restricted Stock Award will comply with all applicable laws (including, the requirements of the Securities Act), and the applicable requirements of any securities exchange or similar entity.
Found in CBM BANCORP, INC. contract
Delivery of Shares. Delivery of shares of Stock under this Restricted Stock Performance Award will comply with all applicable laws (including, the requirements of the Securities 1934 Act), and the applicable requirements of any securities exchange or similar entity.
Found in SALISBURY BANCORP INC contract
Delivery of Shares. 8.1 Delivery of Shares. Delivery of shares of Common Stock under upon the exercise of this Restricted Stock Award Option will comply with all applicable laws (including, (including the requirements of the Securities Act), Act) and the applicable requirements of any securities exchange or similar entity.
Found in CBM BANCORP, INC. contract
Delivery of Shares. 8.1Delivery of Shares. Delivery of shares of Common Stock under upon the exercise of this Restricted Stock Award Option will comply with all applicable laws (including, (including the requirements of the Securities Act), Act) and the applicable requirements of any securities exchange or similar entity.
Found in Northfield Bancorp, Inc. (Staten Island, NY) contract
View Variations (3)
Delivery of Shares. The Company shall, as soon as practicable upon the vesting of any portion of the Award (but in no event later than March 15 of the year following such vesting) effect delivery of the Shares with respect to such vested portion to the Participant (or, in the event of the Participant's death, to the Designated Beneficiary). No Shares will be issued pursuant to this Award unless and until all legal requirements applicable to the issuance or transfer of such Shares have been complied with to the sati...sfaction of the Committee. View More
Found in Comfort Systems USA, Inc. contract
Delivery of Shares. The Company shall, as soon as practicable upon within sixty (60) days following the vesting date of any portion of the Award (but in no event later than March 15 of the year following such vesting) this Award, effect delivery of the Shares with respect to such vested portion to the Participant (or, in the event of the Participant's death, to the Designated Beneficiary). No Shares will be issued pursuant to this Award unless and until all legal requirements applicable to the issuance or transfer ...of such Shares have been complied with to the satisfaction of the Committee. View More
Found in Comfort Systems USA, Inc. contract
View Variations (2)