Common use of Issuance of Share Certificates Clause in Contracts

Issuance of Share Certificates. If a Participant (or, in the event of his death, his Beneficiary) receives a distribution of Shares pursuant to Section 6 or 7, the Trustee shall deliver to such Participant or Beneficiary a certificate or certificates evidencing the Shares credited to such Participant’s Share Award Account, as soon as administratively practicable after the Participant’s Termination Date or a Change of Control, as the case may be.

Appears in 6 contracts

Samples: Trust Agreement for American (American Standard Companies Inc), Trust Agreement for American (American Standard Companies Inc), Trust Agreement (American Standard Companies Inc)

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Issuance of Share Certificates. If a Participant (or, in the event of his death, his Beneficiary) receives a distribution of Shares pursuant to Section 6 or 7, the Trustee shall deliver to such Participant or Beneficiary a certificate or certificates evidencing the Shares credited to such Participant’s 's Share Award Account, as soon as administratively practicable after the Participant’s 's Termination Date or a Change of Control, as the case may be.

Appears in 2 contracts

Samples: Trust Agreement (American Standard Inc), Trust Agreement (American Standard Companies Inc)

Issuance of Share Certificates. If a Participant (or, in the event of his death, his Beneficiary) receives a distribution of Shares pursuant to Section 6 or 77 of Shares or Non-Share Interests that are securities, the Trustee shall deliver to such Participant or Beneficiary a certificate or certificates evidencing the Shares or Non-Share Interests credited to such Participant’s Share Award Account, as soon as administratively practicable after the Participant’s Termination Date or a Change of Control, as the case may be.

Appears in 1 contract

Samples: Trust Agreement for American (American Standard Companies Inc)

Issuance of Share Certificates. If a Participant (or, in the event of his death, his Beneficiary) receives a distribution of Shares pursuant to Section 6 or 77 of Shares or Non-Share Interests that are securities, the Trustee shall deliver to such Participant or Beneficiary a certificate or certificates evidencing the Shares or such Non-Share Interests credited to such Participant’s Share Award Account, as soon as administratively practicable after the Participant’s Termination Date or a Change of Control, as the case may be.

Appears in 1 contract

Samples: Trust Agreement (American Standard Companies Inc)

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Issuance of Share Certificates. If a Participant (or, in the event of his death, his Beneficiary) receives a distribution of Shares pursuant to Section 6 or 7, the Trustee shall deliver to such Participant or Beneficiary a certificate or certificates evidencing the Shares credited to such Participant’s 's Share Award Account, as soon as administratively practicable after the Participant’s 's Termination Date or a Change of Control, as the case may be.a

Appears in 1 contract

Samples: Trust Agreement (American Standard Inc)

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