Common use of Limited Interest Clause in Contracts

Limited Interest. (a) The grant of the Restricted Stock Units will not be construed as giving the Participant any interest other than as provided in this Agreement. The Participant will have no rights as a shareholder as a result of the grant or vesting of the Restricted Stock Units unless and until shares of Stock are issued in settlement of vested Restricted Stock Units.

Appears in 14 contracts

Samples: 2020 Incentive Plan (Visteon Corp), Restricted Stock Unit Grant Agreement (Visteon Corp), Restricted Stock Unit Grant Agreement (Visteon Corp)

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Limited Interest. (a) a. The grant of the Restricted Stock Units will shall not be construed as giving the Participant any interest other than as provided in this Agreement. The Participant will shall have no rights as a shareholder as a result of the grant or vesting of the Restricted Stock Units unless and until shares of Stock common stock of the Company are issued in settlement of vested Restricted Stock Units.

Appears in 2 contracts

Samples: Visteon Corp, Visteon Corp

Limited Interest. (a) The grant of the Restricted Stock Units will not be construed as giving the Participant any interest other than as provided in this Agreement. The Participant will have no voting rights or any other rights as a shareholder as a result of the grant or vesting of the Restricted Stock Units unless and until shares of Stock are issued in settlement of vested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Grant Agreement (Visteon Corp)

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Limited Interest. (a) a. The grant of the Restricted Stock Units will shall not be construed as giving the Participant any interest other than as provided in this Agreement. The Participant will shall have no rights as a shareholder as a result of the grant or vesting Vesting of the Restricted Stock Units unless and until shares of Common Stock are issued in settlement received upon Vesting of vested the Restricted Stock Units.

Appears in 1 contract

Samples: Visteon Corp

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