Common use of Stock Bonuses Clause in Contracts

Stock Bonuses. In the event that the Administrator grants a Stock Bonus, the Shares constituting such Stock Bonus shall, as determined by the Administrator, be evidenced in uncertificated form or by a book entry record or a certificate issued in the name of the Participant to whom such grant was made and delivered to such Participant as soon as practicable after the date on which such Stock Bonus is payable.

Appears in 3 contracts

Samples: Business Combination Agreement (FinTech Acquisition Corp. IV), Master Services Agreement (Zanite Acquisition Corp.), Agreement and Plan of Merger (B. Riley Principal 150 Merger Corp.)

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Stock Bonuses. In the event that the Administrator grants a Stock Bonus, the Shares shares of Stock constituting such Stock Bonus shall, as determined by the Administrator, be evidenced in uncertificated form or by a book entry record or a certificate issued in the name of the Participant to whom such grant was made and delivered to such Participant as soon as practicable after the date on which such Stock Bonus is payable.

Appears in 1 contract

Samples: Form of Enovation (Enovation Controls, Inc.)

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