Common use of RSU CERTIFICATES; SHAREHOLDER RIGHTS Clause in Contracts

RSU CERTIFICATES; SHAREHOLDER RIGHTS. 3.1 Conditions to and Issuance of Common Stock The shares of Common Stock deliverable for the RSU Award, or any part thereof, may be either previously authorized but unissued shares or issued shares that have then been reacquired by the Company. Such shares shall be fully paid and nonassessable. The Company’s obligation to issue or deliver any certificate or certificates for shares of stock shall be subject to satisfaction of all of the following conditions:

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Avery Dennison Corporation), Restricted Stock Unit Agreement (Avery Dennison Corporation)

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RSU CERTIFICATES; SHAREHOLDER RIGHTS. 3.1 Conditions to and Issuance of Common Stock The shares of Common Stock deliverable for the RSU Award, or any part thereof, may be either previously authorized but unissued shares or issued shares that have then been reacquired by the Company. Such shares shall be fully paid and nonassessable. The Company’s obligation Company shall not be required to issue or deliver any certificate or certificates for shares of stock shall be subject for any RSU Award prior to fulfillment or satisfaction of all of the following conditions:

Appears in 1 contract

Samples: Avery Dennison Corporation Restricted Stock Unit Agreement (Avery Dennison Corporation)

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RSU CERTIFICATES; SHAREHOLDER RIGHTS. 3.1 Conditions to and Issuance of Common Stock The shares of Common Stock deliverable for the RSU Award, or any part thereof, may be either previously authorized but unissued shares or issued shares that have then been reacquired by the Company. Such shares shall be fully paid and nonassessable. The Company’s obligation Company shall not be required to issue or deliver any certificate or certificates for shares of stock shall be subject prior to satisfaction fulfillment of all of the following conditions:

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Avery Dennison Corporation)

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