Common use of Custody of Certificates Clause in Contracts

Custody of Certificates. The Company may, in its sole discretion, require the Grantee to keep the certificate the shares of Restricted Stock, duly endorsed, in the custody of the Company while the shares are subject to the restrictions contained in Sections 2 and 3. The Company may, in its sole discretion, require the Grantee to keep the certificate the shares of Restricted Stock, duly endorsed, in the custody of a third party while the shares are subject to the restrictions contained in Sections 2 and 3.

Appears in 5 contracts

Samples: Restricted Stock Agreement (Uqm Technologies Inc), Restricted Stock Agreement (Uqm Technologies Inc), Restricted Stock Agreement (Uqm Technologies Inc)

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Custody of Certificates. The Company may, in its sole discretion, require the Grantee Holder to keep the certificate representing the shares of Restricted StockShares, duly endorsed, in the custody of the Company while the shares Shares are subject to the restrictions contained in Sections 2 and 3Section 2. The Company may, in its sole discretion, require the Grantee to keep that the certificate representing the shares of Restricted StockShares, duly endorsed, be held in the custody of a third party while the shares Shares are subject to the restrictions contained in Sections 2 and 3Section 2.

Appears in 1 contract

Samples: Restricted Stock Agreement (Tib Financial Corp.)

Custody of Certificates. The Company may, in its sole discretion, require the Grantee to keep the certificate representing the shares of Restricted StockShares, duly endorsed, in the custody of the Company while the shares Shares are subject to the restrictions contained in Sections 2 and 3Section 2. The Company may, in its sole discretion, require the Grantee to keep that the certificate representing the shares of Restricted StockShares, duly endorsed, be held in the custody of a third party while the shares Shares are subject to the restrictions contained in Sections 2 and 3Section 2.

Appears in 1 contract

Samples: Restricted Stock Agreement (Transmontaigne Inc)

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Custody of Certificates. The Company may, in its sole discretion, require the Grantee to keep the certificate the shares of Restricted Stock, duly endorsed, in the custody of the Company while the shares are subject to the restrictions contained in Sections 2 and 3. The Company may, in its sole discretion, require the Grantee to keep the certificate the shares of Restricted Stock, duly endorsed, in the custody of a third party while the shares are subject to the restrictions contained in Sections 2 and 3. Adjustments to the Stock.

Appears in 1 contract

Samples: Restricted Stock Agreement (Uqm Technologies Inc)

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