Nature of Award. This Award represents the Company’s unfunded and unsecured promise to issue Shares at a future date, subject to the terms of this Award Agreement and the Plan. The Participant has no rights under this Agreement other than the rights of a general unsecured creditor of the Company. The Participant shall have the rights of a shareholder with respect to the Award Shares only to the extent that Shares are issued to the Participant in accordance with the terms and conditions of this Award Agreement and the Plan.
Appears in 15 contracts
Samples: Restricted Stock Unit Agreement (Premier, Inc.), Special Restricted Stock Unit Agreement (Premier, Inc.), Special Retention Restricted Stock Unit Agreement (Premier, Inc.)
Nature of Award. This Award represents the Company’s unfunded and unsecured promise to issue Shares at a future date, subject to the terms of this Award Agreement and the Plan. The Participant has no rights under this Agreement other than the rights of a general unsecured creditor of the Company. The Participant shall have the rights of a shareholder with respect to the Award Performance Shares only to the extent that Shares on account of such Performance Shares are issued to the Participant in accordance with the terms and conditions of this Award Agreement and the Plan.
Appears in 5 contracts
Samples: Performance Share Award Agreement (Premier, Inc.), Performance Share Award Agreement (Premier, Inc.), Performance Share Award Agreement (Premier, Inc.)
