Common use of Escrow of Shares Clause in Contracts

Escrow of Shares. A certificate, or book-entry equivalent representing the shares of Common Stock subject to the Award (the “Restricted Stock”) shall be issued in the name of the Participant and shall be escrowed with the Secretary of the Company (the “Escrow Agent”) subject to removal of the restrictions placed thereon or forfeiture pursuant to the terms of this Agreement.

Appears in 12 contracts

Samples: Restricted Stock Award Agreement (Chesapeake Energy Corp), Restricted Stock Award Agreement (Chesapeake Energy Corp), Restricted Stock Award Agreement (Chesapeake Energy Corp)

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Escrow of Shares. A certificate, or book-entry equivalent certificate representing the shares of Common Stock subject to the Award (the "Restricted Stock") shall be issued in the name of the Participant and shall be escrowed with the Secretary of the Company (the "Escrow Agent") subject to removal of the restrictions placed thereon or forfeiture pursuant to the terms of this Agreement.

Appears in 11 contracts

Samples: Restricted Stock Award Agreement (Fleming Companies Inc /Ok/), Restricted Stock Award Agreement (Fleming Companies Inc /Ok/), Restricted Stock Award Agreement (Fleming Companies Inc /Ok/)

Escrow of Shares. A certificate, or book-entry equivalent certificate representing the shares of Common Stock subject to the Award (the “Restricted Stock”) shall be issued in the name of the Participant and shall be escrowed with the Secretary of the Company (the “Escrow Agent”) subject to removal of the restrictions placed thereon or forfeiture pursuant to the terms of this Agreement.

Appears in 9 contracts

Samples: Restricted Stock Award Agreement (Path 1 Network Technologies Inc), Restricted Stock Award Agreement (Path 1 Network Technologies Inc), Restricted Stock Award Agreement (Path 1 Network Technologies Inc)

Escrow of Shares. A certificate, certificate or book-entry equivalent representing the shares of Common Restricted Stock subject to the Award (the “Restricted Stock”) shall be issued in the name of the Participant and shall be escrowed with the Secretary of the Company (the “Escrow Agent”) subject to removal of the restrictions placed thereon or forfeiture pursuant to the terms of this Agreement.

Appears in 4 contracts

Samples: Director Restricted Stock Award Agreement (Seventy Seven Energy Inc.), Restricted Stock Award Agreement (Seventy Seven Energy Inc.), Restricted Stock Replacement Award Agreement (Seventy Seven Energy Inc.)

Escrow of Shares. A certificate, or book-book entry equivalent representing the shares of Common Stock subject to the Award (the "Restricted Stock”) "), shall be issued in the name of the Participant and shall be escrowed with the Secretary of the Company (the "Escrow Agent") subject to the removal of the restrictions placed thereon or forfeiture pursuant to the terms of this Agreement.. 3.2

Appears in 2 contracts

Samples: Consultant Restricted Stock Award Agreement, Restricted Stock Award Agreement

Escrow of Shares. A certificate, certificate or book-entry equivalent registration representing the shares of Common Stock subject to the Award (the “Restricted Stock”) shall be issued in the name of the Participant and shall be escrowed with the Secretary of the Company (the “Escrow Agent”) subject to removal of the restrictions placed thereon or forfeiture pursuant to the terms of this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Devon Energy Corp/De), Restricted Stock Award Agreement (Devon Energy Corp/De)

Escrow of Shares. A certificate, or book-book entry equivalent representing the shares of Common Stock subject to the Award (the "Restricted Stock”) "), shall be issued in the name of the Participant and shall be escrowed with the Secretary of the Company (the "Escrow Agent") subject to the removal of the restrictions placed thereon or forfeiture pursuant to the terms of this Agreement.

Appears in 2 contracts

Samples: Non Employee Director (GMX Resources Inc), Eligible Employee and Consultant (GMX Resources Inc)

Escrow of Shares. A certificate, or book-entry equivalent certificate representing the shares of Common Restricted Stock subject to the Award (the “Restricted Stock”) shall be issued in the name of the Participant and shall be escrowed with the Secretary of the Company or its designee (the “Escrow Agent”) subject to removal of the restrictions placed thereon or forfeiture pursuant to the terms of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (LNB Bancorp Inc)

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Escrow of Shares. A certificate, certificate or book-entry equivalent registration representing the shares of Common Restricted Stock subject to the Award (the “Restricted Stock”) shall be issued in the name of the Participant and shall be escrowed with the Secretary of the Company (the “Escrow Agent”) subject to removal of the restrictions placed thereon or forfeiture pursuant to the terms of this Award Agreement.

Appears in 1 contract

Samples: Term Incentive Plan Restricted Stock Award Agreement (Devon Energy Corp/De)

Escrow of Shares. A certificate, certificate or book-entry equivalent registration representing the shares of Common Restricted Stock subject to the Award (the “Restricted Stock”) shall be issued in the name of the Participant and shall be escrowed with the Secretary of the Company (the “Escrow Agent”) subject to removal of the restrictions placed thereon or forfeiture pursuant to the terms of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Devon Energy Corp/De)

Escrow of Shares. A certificate, or book-entry equivalent certificate representing the shares of Common Stock subject to the Award (the "Restricted Stock") shall be issued in the name of the Participant and shall be escrowed with the Secretary of the Company (the "Escrow Agent") subject to removal of the restrictions placed thereon or forfeiture forfei ture pursuant to the terms of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Fleming Companies Inc /Ok/)

Escrow of Shares. A certificate, or book-entry equivalent representing the shares of Common Stock subject to the Award (the “Restricted Stock”) shall be issued in the name of the Participant Executive and shall be escrowed with the Secretary of the Company (the “Escrow Agent”) subject to removal of the restrictions placed thereon or forfeiture pursuant to the terms of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Chesapeake Energy Corp)

Escrow of Shares. A certificate, or book-entry equivalent certificate representing the shares of Common Stock subject to the Award (the “Restricted Stock”) shall be issued in the name of the Participant and shall be escrowed with the Secretary Controller of the Company (the “Escrow Agent”) subject to removal of the restrictions placed thereon or forfeiture pursuant to the terms of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Path 1 Network Technologies Inc)

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