Stock Power Clause Example with 5 Variations from Business Contracts

This page contains Stock Power 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.
Stock Power. Participant shall deliver to the Company a stock power, endorsed in blank, with respect to the Restricted Stock. The Company shall use the stock power to cancel any shares of Restricted Stock that do not become Vested. The Company shall return the stock power to Participant with respect to any shares of Restricted Stock that become Vested.
Found in Parkway Acquisition Corp. contract

Variations of a "Stock Power" Clause from Business Contracts

Stock Power. Participant shall deliver to the Company Corporation a stock power, endorsed in blank, with respect to the Restricted Performance Stock. The Company Corporation shall use the stock power to cancel any shares of Restricted Performance Stock that do not become Vested. The Company Corporation shall return the stock power to Participant with respect to any shares of Restricted Performance Stock that become Vested.
Found in 2 Contracts from NewMarket Corporation
Stock Power. Participant shall deliver to the Company a stock power, power authorization(s), endorsed in blank, with respect to the Restricted Stock. The Company shall use the stock power to cancel any shares of Restricted Stock that do not become Vested. are forfeited (in accordance with Paragraph 7 below). The Company shall return the stock power to Participant with respect to any shares of Restricted Stock that become Vested.
Found in Lifeway Foods, Inc. contract
Stock Power. Participant shall deliver to the Company Corporation a stock power, endorsed in blank, with respect to the Restricted Stock. The Company Corporation shall use the stock power to cancel any shares of Restricted Stock that do not become Vested. The Company Corporation shall return the stock power to Participant with respect to any shares of Restricted Stock that become Vested.
Found in 2 Contracts from 2 Companies
Stock Power. Upon signing this Agreement, Participant shall deliver to the Company a stock power, endorsed in blank, with respect to the shares of Restricted Stock. Stock granted pursuant to this Award. The Company shall use the stock power to cancel any shares of Restricted Stock that do not become Vested. The Company shall return the stock power to Participant with respect to any shares of Restricted Stock that become Vested.
Found in SHORE BANCSHARES INC contract
Stock Power. Participant shall deliver to the Company a stock power, endorsed in blank, with respect to the Restricted Stock. Stock substantially in the form attached to this Agreement. The Company shall use the stock power to cancel any shares of Restricted Stock that do not become Vested. The Company shall return the stock power to Participant with respect to any shares of Restricted Stock that become Vested.
Found in DYNEX CAPITAL INC contract