Common use of Conditions to Issuance of Stock Certificates Clause in Contracts

Conditions to Issuance of Stock Certificates. Any shares of Company Stock deliverable upon the settlement of Restricted Share Units may be either previously authorized but unissued shares of Common Stock or issued shares of Common Stock which have then been reacquired by the Company. Such shares of Common Stock shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any certificate or certificates for shares of Common Stock upon the settlement of Restricted Share Units or portion thereof prior to fulfillment of all of the following conditions:

Appears in 6 contracts

Samples: Restricted Share Unit Agreement (Tractor Supply Co /De/), Restricted Share Unit Agreement (Tractor Supply Co /De/), Restricted Share Unit Agreement (Tractor Supply Co /De/)

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Conditions to Issuance of Stock Certificates. Any shares of Company Stock deliverable upon the settlement Shares of Restricted Share Units Stock may be either previously authorized but unissued shares of Common Stock or issued shares of Common Stock which have then been reacquired by the Company. Such shares of Common Stock shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any certificate or certificates for shares of Common Stock upon the settlement of Restricted Share Units or portion thereof stock pursuant to this Agreement prior to fulfillment of all of the following conditions:

Appears in 4 contracts

Samples: Restricted Stock Agreement (Cherokee Inc), Restricted Stock Agreement (La Quinta Inns Inc), Restricted Stock Agreement (RSC Duval Inc)

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Conditions to Issuance of Stock Certificates. Any The shares of Company Stock deliverable upon the settlement of the Restricted Share Units Stock Units, the Dividend Equivalent Rights, or any portion of either, may be either previously authorized but unissued shares of Common Stock or issued shares of Common Stock which have then been reacquired by the Company. Such shares of Common Stock shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any certificate or certificates for shares of Common Stock upon the in settlement of the Restricted Share Units Stock Units, the Dividend Equivalent Rights, or any portion thereof of either, prior to fulfillment of all of the following conditions:

Appears in 1 contract

Samples: Restricted Stock Unit Award Grant Agreement (Allergan Inc)

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