Example ContractsClausesdelivery of materialsIdentical
Delivery of Materials
Delivery of Materials contract clause examples

Delivery. As promptly as practicable after each Exercise Date of each Offering Period, the Company shall arrange the delivery to each participant (by electronic or other means), as appropriate, of a certificate representing the Shares purchased upon exercise of his or her option. Notwithstanding the foregoing, the Board may require that all Shares purchased under the Plan be held in an account (the participant’s “ESPP Stock Account”) established in the name of the participant (or in the name of the participant and his or her spouse, as designated by the participant on his or her subscription agreement), subject to such rules as determined by the Board and uniformly applied to all participants, including designation of a brokerage or other financial services firm (an “ESPP Broker”) to hold such Shares for the participant’s ESPP Stock Account with registration of such Shares in the name of such ESPP Broker for the benefit of the participant (or for the benefit of the participant and his or her spouse, as designated by the participant on his or her subscription agreement).

Onto Innovation Inc. (ONTO) (CIK 0000704532)
Source: SEC EDGAR database • Date: August 4, 2020 • SIC: 3829 • CIK: 3829
RUDOLPH TECHNOLOGIES INC (CIK 0001094392)
Source: SEC EDGAR database • Date: May 16, 2018 • SIC: 3823 • CIK: 3823

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