Common use of Escrow Clause in Contracts

Escrow. The Secretary of the Company or such other escrow holder as the Committee may appoint may retain physical custody of the certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; in such event the Participant shall not retain physical custody of any certificates representing unvested Shares issued to him.

Appears in 6 contracts

Samples: Restricted Stock Award Agreement (Symmetricom Inc), Restricted Stock Award Agreement (Clarient, Inc), Restricted Stock Award Agreement (Goodman Global Inc)

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Escrow. The Secretary of the Company or such other escrow holder as the Committee Company may appoint may retain physical custody of the any certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement Restrictions lapse or shall have been removed; in such event the Participant shall not retain physical custody of any certificates representing unvested Shares issued to him.

Appears in 6 contracts

Samples: Restricted Stock Agreement (Ortho Clinical Diagnostics Holdings PLC), Restricted Stock Agreement (Ortho Clinical Diagnostics Holdings PLC), Restricted Stock Agreement (Life Time Group Holdings, Inc.)

Escrow. The Secretary of the Company Company, or such other escrow holder as the Committee Administrator may appoint appoint, may retain physical custody of the certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; in such event the Participant shall not retain physical custody of any certificates representing unvested Shares issued to himhim or her.

Appears in 5 contracts

Samples: Restricted Stock Award Agreement (Farmer Brothers Co), Restricted Stock Award Agreement (Farmer Brothers Co), Restricted Stock Award Agreement (Farmer Brothers Co)

Escrow. The Secretary of the Company or such other escrow holder as the Committee may appoint may shall retain physical custody of the certificates representing the Shares Restricted Stock until all of the restrictions on transfer imposed pursuant to this Agreement lapse Restrictions expire or shall have been removed; provided, however, that in such no event shall the Participant shall not Employee retain physical custody of any certificates representing unvested Shares Restricted Stock issued to him.

Appears in 4 contracts

Samples: Employment Agreement (First Washington Realty Trust Inc), Employment Agreement (First Washington Realty Trust Inc), Employment Agreement (First Washington Realty Trust Inc)

Escrow. The Secretary of the Company or such other escrow holder as the Committee may appoint may shall retain physical custody of the certificates representing the Shares Restricted Stock until all of the restrictions on transfer imposed pursuant to this Agreement Restrictions lapse or shall have been removed; provided, however, that in such no event shall the Participant shall not retain physical custody of any certificates representing unvested Shares Restricted Stock issued to him.

Appears in 4 contracts

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

Escrow. The Secretary of the Company or such other escrow holder as the Committee Administrator may appoint may retain physical custody of the certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; in such event the Participant shall not retain physical custody of any certificates representing unvested Shares issued to him.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (K12 Inc), Restricted Stock Award Agreement (K12 Inc), Restricted Stock Award Agreement (K12 Inc)

Escrow. The Secretary of the Company or such other escrow holder as the Committee may appoint may retain physical custody of the certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement Restrictions lapse or shall have been removed; in such event the Participant shall not retain physical custody of any certificates representing unvested Shares issued to him.

Appears in 4 contracts

Samples: Restricted Stock Agreement (UCI Holdco, Inc.), Restricted Stock Agreement (UCI Holdco, Inc.), Restricted Stock Agreement (United Components Inc)

Escrow. The Secretary of the Company or such other escrow holder as the Committee may appoint may retain physical custody of the certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; in . In such event the Participant shall not retain physical custody of any certificates representing unvested Shares issued to himthe Participant.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Skechers Usa Inc), Restricted Stock Award Agreement (Spectranetics Corp), Restricted Stock Award Agreement (Spectranetics Corp)

Escrow. The Secretary of the Company or such other escrow holder as the Committee Administrator may appoint may retain physical custody of the any certificates representing the Shares and any stock assignment(s) until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; in such event the Participant shall not retain physical custody of any certificates representing unvested Shares issued to him. If the Shares are held in book entry form, then such entry will reflect that the Shares are subject to the restrictions of this Agreement.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Tessera Technologies Inc), Restricted Stock Award Agreement (Tessera Technologies Inc), Restricted Stock Award Agreement (Tessera Technologies Inc)

Escrow. The Secretary of the Company or such other escrow holder as the Committee may appoint may retain physical custody of the any certificates representing the Shares until all of the restrictions on transfer Restrictions imposed pursuant to this Agreement lapse or shall have been removed; in such event the Participant shall not retain physical custody of any certificates representing unvested Shares issued to him.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Codexis Inc), Restricted Stock Agreement (Codexis Inc), Restricted Stock Award Agreement (Codexis, Inc.)

Escrow. The Secretary of the Company or such other escrow holder as the Committee Administrator may appoint may retain physical custody of the any certificates representing the Shares until all of the restrictions Restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; in such event . If an escrow holder is so appointed, the Participant Holder shall not retain physical custody of any certificates representing unvested Shares issued to himthe Holder that are unvested and subject to Restrictions.

Appears in 3 contracts

Samples: Employment Agreement (Guidance Software, Inc.), Restricted Stock Agreement (Guidance Software, Inc.), Restricted Stock Agreement (Guidance Software, Inc.)

Escrow. The Secretary of the Company or such other escrow holder as the Committee Administrator may appoint may retain physical custody of the certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; in such event the Participant shall not retain physical custody of any certificates representing unvested Shares issued to him.

Appears in 3 contracts

Samples: Restricted Stock Purchase Agreement (Kyphon Inc), Restricted Stock Award Agreement, Restricted Stock Award Agreement (Pharmacyclics Inc)

Escrow. The Secretary of the Company or such other escrow holder ------ as the Committee may appoint may shall retain physical custody of the certificates representing the Shares Restricted Stock until all of the restrictions on transfer imposed pursuant to this Agreement Restrictions shall lapse or shall have been removed; provided, however, that in such no event shall the Participant shall not Holder retain physical custody of any certificates representing unvested Shares issued to himUnvested Shares.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Fresh Enterprises Inc), Employment Agreement (Fresh Enterprises Inc)

Escrow. The Secretary of the Company or such other escrow holder as the Committee may appoint may retain physical custody of the certificates representing the Shares until all of the restrictions on transfer Restrictions imposed pursuant to this Agreement lapse or shall have been removed; in . In such event the Participant shall not retain physical custody of any certificates representing unvested Shares issued to himthe Participant.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Spectranetics Corp), Restricted Stock Award Agreement (Spectranetics Corp)

Escrow. The Secretary of the Company or such other escrow holder as the Committee may appoint may shall retain physical custody of the certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; removed and in such no event the Participant shall not you retain physical custody of any certificates representing unvested Shares issued to himyou which are subject to the Repurchase Option.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Amgen Inc), Restricted Stock Purchase Agreement (Amgen Inc)

Escrow. The Secretary of the Company Company, or such other escrow holder as the Committee Administrator may appoint appoint, may retain physical custody of the certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; in such event the Participant shall not retain physical custody of any certificates representing unvested Shares issued to him.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (K12 Inc)

Escrow. The Secretary of the Company or such other escrow holder as the Committee may appoint may shall retain physical custody of the certificates representing the Shares Restricted Stock until all of the restrictions on transfer imposed pursuant to this Agreement Restrictions lapse or shall have been removed; in such no event shall the Participant shall not retain physical custody of any certificates representing unvested Shares Restricted Stock issued to him.

Appears in 1 contract

Samples: Restricted Stock Agreement (DealerTrack Holdings, Inc.)

Escrow. The Secretary of the Company or such other escrow holder as the Committee may appoint may shall retain physical custody of the certificates representing the Shares Restricted Stock until all of the restrictions on transfer imposed pursuant to this Agreement Restrictions lapse or shall have been removed; provided, however, that in such no event the shall Participant shall not retain physical custody of any certificates representing unvested Shares Restricted Stock issued to himhim or her.

Appears in 1 contract

Samples: Restricted Stock Agreement (Mercury General Corp)

Escrow. The Secretary of the Company Company, or such other escrow holder as the Committee Administrator may appoint appoint, may retain physical custody of the certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; in such event the Participant shall not retain physical custody of any certificates representing unvested Shares issued to him.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Cbeyond, Inc.)

Escrow. The Secretary of the Company or such other escrow holder as the Committee may appoint may retain physical custody of the certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; in such event the Participant shall not retain physical custody of any certificates representing unvested Shares issued to him.

Appears in 1 contract

Samples: Omnibus and Performance Incentive Plan (GeoEye, Inc.)

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Escrow. The Secretary of the Company or such other escrow holder as the Committee may appoint may shall retain physical custody of the certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; and in such no event the Participant shall not you retain physical custody of any certificates representing unvested Shares issued to himyou which are subject to the Repurchase Option.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Amgen Inc)

Escrow. The Secretary of the Company or such other escrow holder ------ as the Committee may appoint may shall retain physical custody of the certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; provided, however, that in such no event the Participant shall not you retain physical custody of any certificates representing unvested Shares issued to himyou which are subject to the Repurchase Option.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Amgen Inc)

Escrow. The Secretary of the Company or such other escrow holder as the Committee may appoint may shall retain physical custody of the certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; provided, however, that in such no event the Participant shall not you retain physical custody of any certificates representing unvested Shares issued to himyou which are subject to the Repurchase Option.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Amgen Inc)

Escrow. The Secretary of the Company or such other escrow holder ------ as the Committee may appoint may shall retain physical custody of the certificates each certificate representing the Shares Restricted Stock until all of the restrictions on transfer imposed pursuant under the Restricted Stock Agreement with respect to this Agreement lapse the shares evidenced by such certificate expire or shall have been removed; in such event the Participant shall not retain physical custody of any certificates representing unvested Shares issued to him.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Cavanaughs Hospitality Corp)

Escrow. The Secretary of the Company or such other escrow holder as the Committee Board of Directors may appoint may shall retain physical custody of the certificates representing the Shares Restricted Stock, until all of the restrictions on transfer imposed pursuant to this Agreement lapse Restrictions expire or shall have been removed; provided, however, that in such no event shall the Participant shall not retain physical custody of any certificates representing unvested Shares Restricted Stock issued to him.

Appears in 1 contract

Samples: Restricted Stock Agreement (United Defense Industries Inc)

Escrow. The Secretary of the Company or such other escrow ------ holder as the Committee may appoint may shall retain physical custody of the certificates representing the Shares Restricted Stock until all of the restrictions on transfer imposed pursuant to this Agreement Restrictions shall lapse or shall have been removed; provided, however, that in such no event shall the Participant shall not Holder retain physical custody of any certificates representing unvested Shares issued to himUnvested Shares.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Fresh Enterprises Inc)

Escrow. The Secretary of the Company or such other escrow ------ holder as the Committee may appoint may shall retain physical custody of the certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; in such event , including, without limitation, the Participant shall not retain physical custody of any certificates representing unvested Shares issued to himRepurchase Option.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Amgen Inc)

Escrow. The Secretary of the Company or such other escrow ------ holder as the Committee may appoint may shall retain physical custody of the certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; provided, however, that in such no event the Participant shall not you retain physical custody of any certificates representing unvested Shares issued to himyou which are subject to the Repurchase Option.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Amgen Inc)

Escrow. The Secretary of the Company or such other escrow holder as the Committee Administrator may appoint may retain physical custody of the certificates representing the Restricted Shares until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; in such event the Participant shall not retain physical custody of any certificates representing unvested Restricted Shares issued to him.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Tessera Technologies Inc)

Escrow. The Secretary of the Company or such other escrow holder as the Committee may appoint may shall retain physical custody of the certificates representing the Shares Restricted Stock until all of the restrictions on transfer imposed pursuant to this Agreement Restrictions lapse or shall have been removed; provided, however, that in such no event shall the Participant shall not retain physical custody of any certificates representing unvested Shares Restricted Stock issued to himhim or her.

Appears in 1 contract

Samples: Restricted Stock Agreement (Mercury General Corp)

Escrow. The Secretary of the Company or such other escrow holder as the Committee Board may appoint may shall retain physical custody of the certificates representing the Shares Restricted Stock until all of the restrictions on transfer imposed pursuant to this Agreement Restrictions lapse or shall have been removed; provided, however, that in such no event shall the Participant shall not retain physical custody of any certificates representing unvested Shares issued Restricted Stock assigned to himthe Participant. Additionally, the Participant shall, in connection with the award of the Restricted Shares, deliver to the Company a stock power, endorsed in blank, relating to the Restricted Shares.

Appears in 1 contract

Samples: Restricted Stock Agreement (Dex Media Inc)

Escrow. The Secretary of the Company or such other escrow holder as the Committee Administrator may appoint may retain physical custody of the certificates representing the Shares until all of the restrictions on transfer imposed pursuant to this Agreement lapse or shall have been removed; in such event the Participant Grantee shall not retain physical custody of any certificates representing unvested Shares issued to himhim or her.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Pericom Semiconductor Corp)

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