Common use of Stock Power Clause in Contracts

Stock Power. Concurrently with the execution of this Agreement, the Participant shall deliver to the Company a stock power, endorsed in blank, relating to the Shares. Such stock power shall be in the form attached hereto as Exhibit A. The stock power with respect to any certificate representing Shares that do not vest shall be completed in the name of the Company by an officer of the Company, and the Shares shall be returned to either authorized but unissued shares or treasury shares, depending on their original source.

Appears in 8 contracts

Samples: Performance Stock Award Agreement (Financial Institutions Inc), Restricted Stock Award Agreement (Financial Institutions Inc), Restricted Stock Award Agreement (Financial Institutions Inc)

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Stock Power. Concurrently with the execution of this Agreement, the Participant Director shall deliver to the Company a stock power, endorsed in blank, relating to the Shares. Such stock power shall be in the form attached hereto as Exhibit A. The stock power with respect to any certificate representing Shares that do not vest shall be completed in the name of the Company by an officer of the Company, and the Shares shall be returned to either authorized but unissued shares or treasury shares, depending on their original source.

Appears in 3 contracts

Samples: Annual Restricted Stock Award Agreement (Financial Institutions Inc), Annual Restricted Stock Award Agreement (Financial Institutions Inc), Restricted Stock Award Agreement (Financial Institutions Inc)

Stock Power. Concurrently with the execution of this Agreement, the Participant you shall deliver to the Company a stock power, endorsed in blank, relating to the Sharesshares of Restricted Stock. Such stock power shall be in the form attached hereto as Exhibit A. The stock power with respect to any certificate representing Shares that do not vest shall be completed in the name of the Company by an officer of the Company, and the Shares shall be returned to either authorized but unissued shares or treasury shares, depending on their original source.C.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Green Bankshares, Inc.), Restricted Stock Award Agreement (Green Bankshares, Inc.)

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Stock Power. Concurrently with the execution of this Agreement, the The Participant shall deliver to the Company a stock power, endorsed in blank, relating to the Shares. Such stock power shall be in the form of Exhibit A, attached hereto as Exhibit A. hereto. The stock power with respect to any certificate representing Shares that do not vest shall be completed in the name of the Company by an officer of the Company, and the Shares shall be returned to either authorized but unissued shares or treasury shares, depending on upon their original source.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Intervest Bancshares Corp), Restricted Stock Award Agreement (Intervest Bancshares Corp)

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