Custody of Certificates. In order to facilitate the exercise of Section 5(a), the Company or its counsel shall hold all certificates representing Unvested Shares, together with an adequate number of undated and otherwise blank stock powers executed by Grantee. The Company shall have the right to cause transfers of Unvested Shares to be effected pursuant to Section 5. After any Shares become Vested Shares, the Company shall, upon request of Grantee, deliver to Grantee a certificate or certificates representing such Vested Shares.
Appears in 7 contracts
Samples: Restricted Stock Grant Agreement (Technest Holdings Inc), Employee Restricted Stock Grant Agreement (Technest Holdings Inc), Restricted Stock Grant Agreement (Technest Holdings Inc)
