Common use of Delivery of Certificates Upon Vesting Clause in Contracts

Delivery of Certificates Upon Vesting. Promptly after the vesting of any shares of Restricted Stock pursuant to Section 3 hereof or Section 7 of the Plan, the Corporation shall, as applicable, either remove the notations on any shares of Restricted Stock issued in book entry form which have vested or deliver to the Participant a certificate or certificates evidencing the number of shares of Restricted Stock which have vested (or, in either case, such lesser number of shares as may be permitted pursuant to Section 8.5 of the Plan). The Participant (or the beneficiary or personal representative of the Participant in the event of the Participant’s death or disability, as the case may be) shall deliver to the Corporation any representations or other documents or assurances as the Corporation or its counsel may determine to be necessary or advisable in order to ensure compliance with all applicable laws, rules, and regulations with respect to the grant of the Award and the delivery of shares of Common Stock in respect thereof. The shares so delivered shall no longer be restricted shares hereunder.

Appears in 2 contracts

Samples: Performance Incentive Plan Restricted Stock Award Agreement (Apria Healthcare Group Inc), 2006 Performance Incentive Plan Restricted Stock Award Agreement (Health Care Property Investors Inc)

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Delivery of Certificates Upon Vesting. Promptly after the vesting of any shares of Restricted Stock pursuant to Section 3 hereof or Section 7 of the Plan, the Corporation shall, as applicable, either remove the notations on any shares of Restricted Stock issued in book entry form which have vested or deliver to the Participant Director a certificate or certificates evidencing the number of shares of Restricted Stock which have vested (or, in either case, such lesser number of shares as may be permitted pursuant to Section 8.5 of the Plan). The Participant Director (or the beneficiary or personal representative of the Participant Director in the event of the ParticipantDirector’s death or disabilityincapacity, as the case may be) shall deliver to the Corporation any representations or other documents or assurances as the Corporation or its counsel may determine to be necessary or advisable in order to ensure compliance with all applicable laws, rules, rules and regulations with respect to the grant of the Award and the delivery of shares of Common Stock in respect thereof. The shares so delivered shall no longer be restricted shares hereunder.

Appears in 2 contracts

Samples: 2004 Performance Incentive Plan Director Restricted Stock Award Agreement (New Century Financial Corp), 2004 Performance Incentive Plan Director Restricted Stock Award Agreement (New Century Financial Corp)

Delivery of Certificates Upon Vesting. Promptly after the vesting of any shares of Restricted Stock pursuant to Section 3 hereof or and the satisfaction of any and all related tax withholding obligations pursuant to Section 7 of the Plan10, the Corporation Company shall, as applicable, either remove the notations on any shares of Restricted Stock Shares issued in book entry form which have vested or deliver to the Participant a certificate or certificates evidencing the number of shares of Restricted Stock Shares which have vested (or, in either case, such lesser number of shares as may be permitted pursuant result after giving effect to Section 8.5 of the Plan10). The Participant (or the beneficiary or personal representative of the Participant in the event of the Participant’s death or disability, as the case may be) shall deliver to the Corporation Company any representations or other documents or assurances as the Corporation Company or its counsel may determine to be necessary or advisable in order to ensure compliance with all applicable laws, rules, and regulations with respect to the grant of the Award and the delivery of shares of Common Stock Shares in respect thereof. The shares Shares so delivered shall no longer be restricted shares Restricted Shares hereunder.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Cell Therapeutics Inc)

Delivery of Certificates Upon Vesting. Promptly after the vesting of any shares of Restricted Stock pursuant to Section 3 hereof or Section 7 13 of the Plan, Section 3, Section 8(b), or Section 8(c), the Corporation shall, as applicable, either remove the notations on any shares of Restricted Stock issued in book entry form which have vested or deliver to the Participant a certificate or certificates evidencing the number of shares of Restricted Stock which have vested (orvested, in either case, such lesser less the number of shares as may required to be permitted withheld pursuant to Section 8.5 of the Plan)10 hereof. The Participant (or the beneficiary or personal representative of the Participant in the event of the Participant’s death or disability, as the case may be) shall deliver to the Corporation any representations or other documents or assurances as the Corporation or its counsel may determine to be necessary or reasonably advisable in order to ensure compliance with all applicable laws, rules, and regulations Applicable Laws with respect to the grant of the Award and the delivery deliver of shares of Common Stock in respect thereof. The shares so delivered shall no longer be restricted shares hereunder.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Napster Inc)

Delivery of Certificates Upon Vesting. Promptly after the vesting of any shares of Restricted Stock pursuant to Section 3 hereof or Section 7 20(g)(iii) of the Plan, the Corporation shall, as applicable, either remove the notations on any shares of Restricted Stock issued in book entry form which have vested or deliver to the Participant Director a certificate or certificates evidencing the number of shares of Restricted Stock which have vested (or, in either case, such lesser number of shares as may be permitted pursuant to Section 8.5 of the Plan)10 hereof. The Participant Director (or the beneficiary or personal representative of the Participant Director in the event of the ParticipantDirector’s death or disability, as the case may be) shall deliver to the Corporation any representations or other documents or assurances as the Corporation or its counsel may determine to be necessary or advisable in order to ensure compliance with all applicable laws, rules, and regulations with respect to the grant of the Award and the delivery of shares of Common Stock in respect thereof. The shares so delivered shall no longer be restricted shares hereunder.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Napster Inc)

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Delivery of Certificates Upon Vesting. Promptly after the vesting of any shares of Restricted Stock Performance Shares pursuant to Section 3 hereof or Section 7 6.2 of the PlanPlan and the satisfaction of any and all related tax withholding obligations pursuant to Section 10, the Corporation shall, as applicable, either remove the notations on any shares of Restricted Stock Performance Shares issued in book entry form which have vested or deliver to the Participant a certificate or certificates evidencing the number of shares of Restricted Stock Performance Shares which have vested (or, in either case, such lesser number of shares as may be permitted pursuant result after giving effect to Section 8.5 of the Plan10). The Participant (or the beneficiary Beneficiary or personal representative Personal Representative of the Participant in the event of the Participant’s death or disability, as the case may be) shall deliver to the Corporation any representations or other documents or assurances as the Corporation or its counsel may determine to be necessary or advisable in order to ensure compliance with all applicable laws, rules, and regulations with respect to the grant of the Award and the delivery of shares of Common Stock in respect thereof. The shares so delivered shall no longer be restricted shares hereunder.

Appears in 1 contract

Samples: Technology 2002 Stock Incentive Plan Performance Share Award Agreement (International Game Technology)

Delivery of Certificates Upon Vesting. Promptly after the vesting of any shares of Restricted Stock pursuant to Section 3 hereof or Section 7 of the Plan, the Corporation shall, as applicable, either remove the notations on any shares of Restricted Stock issued in book entry form which have vested or deliver to the Participant a certificate or certificates evidencing the number of shares of Restricted Stock which have vested (or, in either case, such lesser number of shares as may be permitted pursuant to Section 8.5 of the Plan). The Participant (or the beneficiary or personal representative of the Participant in the event of the Participant’s death or disability, as the case may be) shall deliver to the Corporation any representations or other documents or assurances as the Corporation or its counsel may determine to be necessary or reasonably advisable in order to ensure compliance with all applicable laws, rules, and regulations Applicable Laws with respect to the grant of the Award and the delivery deliver of shares of Common Stock in respect thereof. The shares so delivered shall no longer be restricted shares hereunder.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Resources Connection Inc)

Delivery of Certificates Upon Vesting. Promptly after the vesting of any shares of Restricted Stock pursuant to Section 3 hereof or and the satisfaction of any and all related tax withholding obligations pursuant to Section 7 of the Plan10, the Corporation Company shall, as applicable, either remove the notations on any shares of Restricted Stock Shares issued in book entry form which have vested or deliver to the Participant Director a certificate or certificates evidencing the number of shares of Restricted Stock Shares which have vested (or, in either case, such lesser number of shares as may be permitted pursuant result after giving effect to Section 8.5 of the Plan10). The Participant Director (or the beneficiary or personal representative of the Participant Director in the event of the ParticipantDirector’s death or disability, as the case may be) shall deliver to the Corporation Company any representations or other documents or assurances as the Corporation Company or its counsel may determine to be necessary or advisable in order to ensure compliance with all applicable laws, rules, and regulations with respect to the grant of the Award and the delivery of shares of Common Stock Shares in respect thereof. The shares Shares so delivered shall no longer be restricted shares Restricted Shares hereunder.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Cell Therapeutics Inc)

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