Common use of Retention of Certificates Clause in Contracts

Retention of Certificates. The Company will retain the certificate(s) representing the Restricted Shares granted to the Participant pursuant to this Award Agreement until such time as the vesting restrictions have lapsed and the restrictions on the transfer of such Restricted Shares have terminated. Within a reasonable time thereafter, the Company will deliver to the Participant certificate(s) representing such Restricted Shares free of any applicable restrictions.

Appears in 5 contracts

Samples: Restricted Share Award Agreement (CSW Industrials, Inc.), Vested Restricted Share Award Agreement (CSW Industrials, Inc.), Vested Restricted Share Award Agreement (CSW Industrials, Inc.)

AutoNDA by SimpleDocs

Retention of Certificates. The Company will retain the certificate(s) representing the Restricted Shares Stock Units granted to the Participant pursuant to this Award Agreement until such time as the vesting restrictions have lapsed and the restrictions on the transfer of such Restricted Shares Stock Units have terminated. Within a reasonable time thereafter, the Company will deliver to the Participant certificate(s) representing such Restricted Shares Stock Units free of any applicable restrictions.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (CSW Industrials, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.