Common use of Distributions and Voting Rights Clause in Contracts

Distributions and Voting Rights. (a) All dividends and other distributions with respect to shares of Stock attributable to the Award that become payable during the Restricted Period will accrue when declared and will be paid to the Grantee, in cash, only upon the settlement of the related RSUs in accordance with the provisions of Section 1.4 below.

Appears in 4 contracts

Samples: 2012 Stock Incentive Plan (Origin Bancorp, Inc.), 2012 Stock Incentive Plan (Origin Bancorp, Inc.), 2012 Stock Incentive Plan (Origin Bancorp, Inc.)

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Distributions and Voting Rights. (a) All dividends and other distributions with respect to shares of Stock attributable to the Award that become payable during the Restricted Performance Period will accrue when declared and will be paid to the Grantee, in cash, only upon the settlement of the related RSUs Performance Units in accordance with the provisions of Section 1.4 below.

Appears in 3 contracts

Samples: 2012 Stock Incentive Plan (Origin Bancorp, Inc.), 2012 Stock Incentive Plan (Origin Bancorp, Inc.), 2012 Stock Incentive Plan (Origin Bancorp, Inc.)

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