Common use of Treatment of Shares Clause in Contracts

Treatment of Shares. Subject to the terms and conditions of the Plan and this Agreement, the Purchaser will become owner of the Shares on the date hereof. The Company will retain physical possession of the Shares, but except as otherwise provided in the Plan or in this Agreement or unless the Company executes the Repurchase Option, the Purchaser will have the same rights, preferences, and privileges as the holders of the Company’s outstanding Common Stock, including, but not limited to, the right to vote and the right to receive distributions, with respect to the Shares. Participant agrees to sign the Assignment Separate From Certificate attached hereto as Exhibit A as a condition to receiving the Shares.

Treatment of Shares. Subject to the terms and conditions of the Plan and this Agreement, the Purchaser will become owner of the Shares on the date hereof. The Company will retain physical possession of the SharesShares until the Release Date, but except as otherwise provided in the Plan or in this Agreement or unless the Company executes exercises the Repurchase Option, the Purchaser will have the same rights, preferences, and privileges as the holders of the Company’s outstanding Common Stock, including, but not limited to, the right to vote and the right to receive distributions, with respect to the Shares. Participant agrees to sign the Assignment Separate From Certificate attached hereto as Exhibit A as a condition to receiving the Shares.