Common use of Stock Power Clause in Contracts

Stock Power. Participant shall deliver to the Company a stock power, endorsed in blank, with respect to the Restricted Stock. The Company shall use the stock power to cancel any shares of Restricted Stock that do not become Vested. The Company shall return the stock power to Participant with respect to any shares of Restricted Stock that become Vested.

Appears in 12 contracts

Samples: Restricted Stock Award Agreement (Eagle Financial Services Inc), Restricted Stock Award Agreement (Eagle Financial Services Inc), Restricted Stock Award Agreement (Eagle Financial Services Inc)

AutoNDA by SimpleDocs

Stock Power. Participant shall deliver to the Company Corporation a stock power, endorsed in blank, with respect to the Restricted Stock. The Company Corporation shall use the stock power to cancel any shares of Restricted Stock that do not become Vested. The Company Corporation shall return the stock power to Participant with respect to any shares of Restricted Stock that become Vested.

Appears in 8 contracts

Samples: Restricted Stock Award Agreement (Newmarket Corp), Restricted Stock Award Agreement (Cardinal Financial Corp), Restricted Stock Award Agreement (Newmarket Corp)

Stock Power. Participant shall deliver to the Company company a stock power, endorsed in blank, with respect to the Restricted Stock. The Company shall use the stock power to cancel any shares of Restricted Stock that do not become Vested. The Company shall return the stock power to Participant with respect to any shares of Restricted Stock that become Vested.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Middleburg Financial Corp), Restricted Stock Award Agreement (Middleburg Financial Corp), Stock Award Agreement (Central Virginia Bankshares Inc)

Stock Power. Participant shall deliver to the Company Corporation a stock power, endorsed in blank, with respect to the Restricted Performance Stock. The Company Corporation shall use the stock power to cancel any shares of Restricted Performance Stock that do not become Vested. The Company Corporation shall return the stock power to Participant with respect to any shares of Restricted Performance Stock that become Vested.

Appears in 2 contracts

Samples: Performance Stock Award Agreement (Newmarket Corp), Performance Stock Award Agreement (Newmarket Corp)

AutoNDA by SimpleDocs

Stock Power. Participant shall deliver to the Company a stock power, endorsed in blank, with respect to the Restricted StockStock substantially in the form attached to this Agreement. The Company shall use the stock power to cancel any shares of Restricted Stock that do not become Vested. The Company shall return the stock power to Participant with respect to any shares of Restricted Stock that become Vested.

Appears in 1 contract

Samples: Restricted Stock Agreement (Dynex Capital Inc)

Stock Power. Participant shall deliver to the Company a stock powerpower authorization(s), endorsed in blank, with respect to the Restricted Stock. The Company shall use the stock power to cancel any shares of Restricted Stock that do not become Vestedare forfeited (in accordance with Paragraph 7 below). The Company shall return the stock power to Participant with respect to any shares of Restricted Stock that become Vested.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Texas Pacific Land Corp)

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