Common use of Book Entry Account Clause in Contracts

Book Entry Account. Within a reasonable time after the date of this Agreement, the Company shall instruct its transfer agent or stock plan administrator to establish a book entry account representing the Restricted Stock Units in your name effective as of the Grant Date, provided that the Company shall retain control of such account until the Restricted Stock Units have become vested in accordance with this Agreement and shares of Common Stock have been issued in settlement of the Restricted Stock Units.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (GenOn Energy, Inc.), Restricted Stock Unit Award Agreement (GenOn Energy, Inc.), Award Agreement (GenOn Energy, Inc.)

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Book Entry Account. Within a reasonable time after the date of this Agreement, the Company shall instruct its transfer agent or stock plan administrator to establish a book entry account representing the Restricted Stock Units in your name effective as of the Grant Date, provided that the Company shall retain control of such account until the Restricted Stock Units have become vested in accordance with this Agreement and shares of Common Stock have been issued or cash paid in settlement of the Restricted Stock Units.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (GenOn Energy, Inc.), Award Agreement (GenOn Energy, Inc.)

Book Entry Account. Within a reasonable time after the date of this execution of the Agreement, the Company shall instruct its transfer agent or stock plan administrator to establish a book entry account representing the Restricted Stock Units Shares in your the name effective as of the Grant DateEmployee, provided that the Company shall retain control of such account until the Restricted Stock Units Shares have become vested in accordance with this Agreement and shares of Common Stock have been issued in settlement of the Restricted Stock UnitsAgreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Home Depot Inc)

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Book Entry Account. Within a reasonable time after the date of this Agreement, the Company shall instruct its transfer agent or stock plan administrator to establish a book entry account representing the Restricted Stock Units in your name effective as of the Grant Dategrant date, provided that the Company shall retain control of such account until the Restricted Stock Units have been allocated and become vested in accordance with this Agreement Award and shares of Common Stock have been issued in settlement of the Restricted Stock Units.

Appears in 1 contract

Samples: Mirant Corp

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