Common use of Issuance and Delivery of Shares Clause in Contracts

Issuance and Delivery of Shares. If and when the Company is required to issue or deliver any Options Shares, such issuance shall be made by book entry by the Company’s transfer agent and registrar, and a physical share certificate shall not be issued or delivered unless specifically requested by the Optionee. The Company may condition the issuance or delivery of the Option Shares, or impose restrictions on the transferability of Option Shares, as it may deem advisable, including, without limitation, to comply with applicable federal and securities laws or the requirements of any stock applicable to the Option Shares.

Appears in 4 contracts

Samples: Incentive and Stock (Brown Shoe Co Inc), Incentive and Stock (Brown Shoe Co Inc), Incentive and Stock (Brown Shoe Co Inc)

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