Common use of Certificates Representing Restricted Shares Clause in Contracts

Certificates Representing Restricted Shares. The Restricted Shares will be registered in the name of the Employee and the certificates evidencing such shares shall bear an appropriate legend referring to the terms, conditions and restrictions applicable to the Restricted Shares. All certificates representing Restricted Shares shall be retained by the Corporation, together with a stock power executed by the Employee in proper form for transfer into the Corporation's name of all certificates representing Restricted Shares which are forfeited to the Corporation in accordance with Paragraph 5 or 6.