Rights and Restrictions. The Restricted Stock Units shall not be transferable, other than pursuant to will or the laws of descent and distribution. Prior to vesting of the Restricted Stock Units and delivery of the shares of Common Stock to Employee, Employee shall not have any rights or privileges of a shareholder as to the shares of Common Stock subject to the Restricted Stock Units. Specifically, Employee shall not have the right to receive dividends or the right to vote such shares of Common Stock prior to vesting of the Restricted Stock Units and delivery of the shares of Common Stock.
Appears in 3 contracts
Samples: Nonqualified Stock Option Agreement (Krispy Kreme Doughnuts Inc), Restricted Stock Unit Agreement (Krispy Kreme Doughnuts Inc), Restricted Stock Unit Agreement (Krispy Kreme Doughnuts Inc)
Rights and Restrictions. The Restricted Stock Units shall not be transferable, other than pursuant to will or the laws of descent and distribution. Prior to vesting of the Restricted Stock Units and delivery of the shares of Common Stock to Employeethe Director, Employee the Director shall not have any rights or privileges of a shareholder as to the shares of Common Stock subject to the Restricted Stock Units. Specifically, Employee the Director shall not have the right to receive dividends or the right to vote such shares of Common Stock prior to vesting of the Restricted Stock Units and delivery of the shares of Common Stock.
Appears in 3 contracts
Samples: Restricted Stock Unit Agreement (Krispy Kreme Doughnuts Inc), Director Restricted Stock Unit Agreement (Krispy Kreme Doughnuts Inc), Restricted Stock Unit Agreement (Krispy Kreme Doughnuts Inc)
Rights and Restrictions. The Restricted Stock Units shall not be transferable, other than pursuant to will or the laws of descent and distribution. Prior to vesting of the Restricted Stock Units and delivery of the shares of Common Stock to EmployeeShares, Employee you shall not have any rights or privileges of a shareholder as to the shares of Common Stock Shares subject to the Restricted Stock Units. Specifically, Employee you shall not have the right to receive dividends or the right to vote such shares of Common Stock Shares prior to vesting of the Restricted Stock Units and delivery of the shares of Common StockShares.
Appears in 3 contracts
Samples: Restricted Stock Unit Agreement (Elan Corp PLC), Restricted Stock Unit Agreement (Elan Corp PLC), Restricted Stock Unit Agreement (Elan Corp PLC)