Common use of Stock Power Clause in Contracts

Stock Power. With respect to shares of Restricted Stock forfeited under Paragraph 6, Participant does hereby irrevocably constitute and appoint the Secretary and the Assistant Secretary as his or her attorney to transfer the forfeited shares on the books of the Company with full power of substitution in the premises. The Secretary and/or the Assistant Secretary shall use the authority granted in this Paragraph 3 to cancel any shares of Restricted Stock that are forfeited under Paragraph 6.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Massey Energy Co), Restricted Stock Award Agreement (Massey Energy Co), Restricted Stock Award Agreement (Massey Energy Co)

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Stock Power. With respect to shares of Restricted Stock forfeited under Paragraph 66 below, Participant does hereby irrevocably constitute and appoint the Secretary and the each Assistant Secretary of the Company as his or her attorney attorney-in-fact to transfer the forfeited shares on the books of the Company with full power of substitution in the premises. The Secretary and/or the Assistant Secretary shall use the authority granted in this Paragraph 3 to cancel any shares of Restricted Stock that are forfeited under Paragraph 66 below.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Massey Energy Co), Restricted Stock Award Agreement (Massey Energy Co), Restricted Stock Award Agreement (Massey Energy Co)

Stock Power. With respect to shares of Restricted Stock forfeited under Paragraph 6, Participant does hereby irrevocably constitute and appoint the Secretary and the each Assistant Secretary of the Company as his or her attorney attorney-in-fact to transfer the forfeited shares on the books of the Company with full power of substitution in the premises. The Secretary and/or the Assistant Secretary shall use the authority granted in this Paragraph 3 to cancel any shares of Restricted Stock that are forfeited under Paragraph 6.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Massey Energy Co), Restricted Stock Award Agreement (Massey Energy Co)

Stock Power. With respect to shares of Restricted Stock forfeited under Paragraph 6, the Participant does hereby irrevocably constitute and appoint the Secretary and the Assistant Secretary as his or her attorney to transfer the forfeited shares on the books of the Company with full power of substitution in the premises. The Secretary and/or the Assistant Secretary shall use the authority granted in this Paragraph 3 to cancel any shares of Restricted Stock that are forfeited under Paragraph 6.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Massey Energy Co), Restricted Stock Award Agreement (Massey Energy Co)

Stock Power. With respect to shares of Restricted Stock forfeited under Paragraph 6, Participant does hereby irrevocably constitute and appoint the Secretary and the each Assistant Secretary of the Company as his or her attorney attorney-in-fact to transfer the forfeited shares on the books of the Company with full power of substitution in the premises. The Secretary and/or the Assistant Secretary shall use the authority granted in this Paragraph 3 to cancel any shares of Restricted Stock that are forfeited under Paragraph 6.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Massey Energy Co)

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Stock Power. With respect to shares of Restricted Stock forfeited under Paragraph 6, Participant does hereby irrevocably constitute and appoint the Secretary and the each Assistant Secretary of Xxxxxx Energy Company (the “Company”) as his or her attorney attorney-in-fact to transfer the forfeited shares on the books of the Company with full power of substitution in the premises. The Secretary and/or the Assistant Secretary shall use the authority granted in this Paragraph 3 to cancel any shares of Restricted Stock that are forfeited under Paragraph 6.

Appears in 1 contract

Samples: Stock and Incentive Compensation Plan (Massey Energy Co)

Stock Power. With respect to shares of Restricted Stock forfeited under Paragraph 6, Participant does hereby irrevocably constitute and appoint the Secretary and the each Assistant Secretary of Xxxxxx Energy Company (the “Company”) as his or her attorney attorney-in-fact to transfer the forfeited shares on the books of the Company with full power of substitution in the premises. The Secretary and/or and /or the Assistant Secretary shall use the authority granted in this Paragraph 3 to cancel any shares of Restricted Stock that are forfeited under Paragraph 65.

Appears in 1 contract

Samples: Stock and Incentive Compensation Plan (Massey Energy Co)

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