Common use of EVIDENCE OF STOCK OWNERSHIP Clause in Contracts

EVIDENCE OF STOCK OWNERSHIP. 4.1 Ownership of the Restricted Stock by the Award Recipient shall be reflected by the issuance of stock certificates or by book entry evidence of ownership. Any stock certificates evidencing the Restricted Stock shall be retained by the Company until the lapse of restrictions under the terms hereof. The Company shall place a restriction, in the form specified in the Plan, on any stock certificates or on any book entry evidence of ownership restricting the transferability of the shares of Restricted Stock.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Cal Dive International, Inc.), Restricted Stock Agreement (Cal Dive International, Inc.)

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EVIDENCE OF STOCK OWNERSHIP. 4.1 5.1. Ownership of the Restricted Stock by the Award Recipient shall be reflected by the issuance of stock certificates or by book entry evidence of ownership. Any stock certificates evidencing the Restricted Stock shall be retained by the Company ISC until the lapse of restrictions under the terms hereofof this Agreement. The Company ISC shall place a restrictionlegend, in the form specified in Section 7.3 of the Plan, on any stock certificates or and a similar notation of restrictions on any book entry evidence of ownership restricting the transferability of the shares of Restricted Stock.

Appears in 2 contracts

Samples: Restricted Stock Agreement (International Shipholding Corp), Restricted Stock Agreement (International Shipholding Corp)

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EVIDENCE OF STOCK OWNERSHIP. 4.1 4.1. Ownership of the Restricted Stock by the Award Recipient shall be reflected by the issuance of stock certificates or by book entry evidence of ownership. Any stock certificates evidencing the Restricted Stock shall be retained by the Company ISC until the lapse of restrictions under the terms hereofof this Agreement. The Company ISC shall place a restrictionlegend, in the form specified in Section 7.3 of the Plan, on any stock certificates or and a similar notation of restrictions on any book entry evidence of ownership restricting the transferability of the shares of Restricted Stock.

Appears in 1 contract

Samples: Restricted Stock Agreement (International Shipholding Corp)

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