Common use of Stock Dividends, Distributions, Etc Clause in Contracts

Stock Dividends, Distributions, Etc. If, while this Pledge Agreement is in effect, Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Shares (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Shares hereunder.

Appears in 24 contracts

Samples: Executive Stock Agreement (Aircraft Service International Inc), Management Stock Purchase Agreement (North Shore Agency Inc), Management Stock Purchase Agreement (North Shore Agency Inc)

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Stock Dividends, Distributions, Etc. If, while this Pledge ----------------------------------- Agreement is in effect, Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Shares (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock distribution or dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignmentassignment or stock powers, and such additional security shall be deemed to be part of the Pledged Shares hereunder.

Appears in 7 contracts

Samples: Pledge Agreement (Sealy Corp), Pledge Agreement (Sealy Corp), Pledge Agreement (Sealy Corp)

Stock Dividends, Distributions, Etc. If, while this Pledge ----- --------- ------------- --- Agreement is in effect, Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Shares (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Shares hereunder.

Appears in 6 contracts

Samples: Investor Stock Agreement (Aircraft Service International Group Inc), Corporation Executive Stock Agreement (Aircraft Service International Group Inc), Corporation Executive Stock Agreement (Aircraft Service International Group Inc)

Stock Dividends, Distributions, Etc. If, while this Pledge ----------------------------------- Agreement is in effect, Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Shares (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Shares hereunder.

Appears in 4 contracts

Samples: Stock Pledge Agreement (Tmil Corp), Executive Stock Pledge Agreement (Corinthian Colleges Inc), Executive Stock Pledge Agreement (Corinthian Colleges Inc)

Stock Dividends, Distributions, Etc. If, while this Pledge Agreement is in effect, Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Shares Securities (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company Agent as additional security for Pledgor's obligations under the Note Notes and shall promptly deliver such additional security to the Company Agent together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Shares Securities hereunder.

Appears in 3 contracts

Samples: Executive Securities Purchase and Employment Agreement (Petersen Holdings LLC), Executive Securities Purchase and Employment Agreement (Petersen Holdings LLC), Executive Securities Purchase and Employment Agreement (Petersen Holdings LLC)

Stock Dividends, Distributions, Etc. If, while this Pledge Agreement is ----------------------------------- in effect, Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Shares (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Shares hereunder.

Appears in 3 contracts

Samples: Executive Stock Pledge Agreement (Corinthian Colleges Inc), Executive Stock Pledge Agreement (Corinthian Colleges Inc), Executive Stock Pledge Agreement (Corinthian Colleges Inc)

Stock Dividends, Distributions, Etc. If, while this Executive Stock Pledge Agreement is in effect, the Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Shares (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), the Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for the Pledgor's obligations under the Note Notes and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Shares hereunder.

Appears in 3 contracts

Samples: Stock Pledge Agreement (MST Enterprises Inc), Executive Stock Pledge Agreement (MST Enterprises Inc), Executive Stock Pledge Agreement (MST Enterprises Inc)

Stock Dividends, Distributions, Etc. If, while this Pledge Agreement is in effect, Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Shares Securities (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Shares Securities hereunder.

Appears in 2 contracts

Samples: Executive Stock Agreement (Compbenefits Corp), Executive Securities Pledge Agreement (Racing Champions Corp)

Stock Dividends, Distributions, Etc. If, while during the Term of this Pledge Agreement is in effectAgreement, Pledgor becomes entitled to receive receive, or receives receives, any securities or other property in addition torespect of, in substitution of, or in exchange for any of the Pledged Shares or any other pledged collateral (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), Pledgor shall accept such securities or other property on behalf of of, and for the benefit of of, the Company as additional security for Pledgor's obligations unpaid indebtedness under the Note and shall promptly deliver such additional security to the Company Company, together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Shares collateral pledged hereunder.

Appears in 2 contracts

Samples: Executive Stock Pledge, Security and Retention Agreement (Apropos Technology Inc), Executive Stock Pledge, Security and Retention Agreement (Apropos Technology Inc)

Stock Dividends, Distributions, Etc. If, while this Pledge Agreement is in ----- --------- ------------- --- effect, Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Shares (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Shares hereunder.

Appears in 1 contract

Samples: Ranger Aerospace (Aircraft Service International Group Inc)

Stock Dividends, Distributions, Etc. If, while this Pledge Agreement is in effect, Pledgor becomes entitled to receive or receives any securities or other property in as an addition to, in substitution of, or in exchange for any of the Pledged Shares (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Shares hereunder.. --------------------

Appears in 1 contract

Samples: Employment Agreement (State Communications Inc)

Stock Dividends, Distributions, Etc. If, while this Pledge Agreement is in effect, Pledgor becomes entitled to receive or receives any securities or other property in as an addition to, in substitution of, or in exchange for any of the Pledged Shares (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Shares hereunder.

Appears in 1 contract

Samples: Investor Stock Agreement (Aircraft Service International Inc)

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Stock Dividends, Distributions, Etc. If, while this Pledge Agreement ----------------------------------- is in effect, Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Shares (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock distribution or dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignmentassignment or stock powers, and such additional security shall be deemed to be part of the Pledged Shares hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Microclock Inc)

Stock Dividends, Distributions, Etc. If, while this Restated ------------------------------------ Securities Pledge Agreement is in effect, Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for or otherwise in respect of any of the Pledged Shares Securities (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company Pledgee as additional security for Pledgor's obligations under the Replacement Note and shall promptly deliver such additional security to the Company Pledgee together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Shares Securities hereunder.

Appears in 1 contract

Samples: Securities Pledge Agreement (Aerovox Inc)

Stock Dividends, Distributions, Etc. If, while this Pledge Agreement is in effect, Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Shares (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend distribution or dividend, or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Note Reimbursement Obligation and shall promptly deliver such additional security to the Company together with duly executed forms of assignmentassignment or stock powers, and such additional security shall be deemed to be part of the Pledged Shares hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Jason Inc)

Stock Dividends, Distributions, Etc. If, while this Pledge Agreement is in effect, Pledgor becomes entitled to receive or receives any securities or other property in as an addition to, in substitution of, or in exchange for any of the Pledged Shares (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company HomeGold and HGI as additional security for Pledgor's obligations under the Note and shall promptly deliver such additional security to the Company HomeGold and HGI together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Shares hereunder.

Appears in 1 contract

Samples: Plan of Merger (Homegold Financial Inc)

Stock Dividends, Distributions, Etc. If, while this Pledge Agreement is in effect, Pledgor becomes entitled to receive or receives any securities or other property (other than cash dividends as provided in Section 3) in addition to, in substitution of, or in exchange for any of the Pledged Shares (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Note and shall promptly deliver such additional security securities or other property to the Company together with duly executed forms of assignment, and such additional security securities or other property shall be deemed to be part of the Pledged Shares hereunder.

Appears in 1 contract

Samples: Agreement (Duane Reade Inc)

Stock Dividends, Distributions, Etc. If, while this Pledge Agreement is in effect, Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for for, any of the Pledged Shares (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), such Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Note and shall promptly deliver such additional security securities to the Company together with duly executed forms of assignment, and such additional security securities shall be deemed to be proportionately part of the Pledged Shares hereunderto which they relate.

Appears in 1 contract

Samples: Stock Pledge Agreement (Caraco Pharmaceutical Laboratories LTD)

Stock Dividends, Distributions, Etc. If, while this Pledge ------------------------------------ Agreement is in effect, Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Shares (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Shares hereunder.

Appears in 1 contract

Samples: Key Employee Purchased Stock Agreement (Chippac LTD)

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