Common use of Qualification of Rights Clause in Contracts

Qualification of Rights. Neither this Award Agreement nor the existence of the Award shall be construed as giving the Employee any right (a) to be retained as an employee of the Company; or (b) as a shareholder with respect to the Shares of Stock earned pursuant to the Award until certificates for the Stock have been issued and delivered to the Employee or a book entry has been recorded in the name of the Employee with the Company’s transfer agent.

Appears in 4 contracts

Samples: Performance Unit Award Agreement (Kimball International Inc), Performance Unit Award Agreement (Kimball International Inc), Performance Unit Award Agreement (Kimball International Inc)

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Qualification of Rights. Neither this Award Agreement nor the existence of the Award shall be construed as giving the Employee any right (a) to be retained as an employee of the Company; or (b) as a shareholder with respect to the Shares of Stock earned pursuant to the Award until the certificates for the Stock have been issued and delivered to the Employee or a book entry has been recorded in the name of the Employee with the Company’s transfer agent.

Appears in 4 contracts

Samples: Award Agreement (Hni Corp), Annual Performance Share Award Agreement (Kimball International Inc), Annual Performance Share Award Agreement (Kimball International Inc)

Qualification of Rights. Neither this Award Agreement nor the existence of the Award shall be construed as giving the Employee any right (a) to be retained as an employee of the Company; or (b) as a shareholder with respect to the Shares of Stock earned pursuant to underlying the Award until the certificates for the Stock have been issued and delivered to the Employee or a book entry has been recorded in the name of the Employee with the Company’s transfer agent.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Kimball International Inc), Hni Corp, Restricted Stock Unit Award Agreement (Kimball International Inc)

Qualification of Rights. Neither this Award Agreement nor the existence of the Award shall be construed as giving the Employee any right (a) to be retained as an employee of the Company; or (b) as a shareholder with respect to the Shares shares of Common Stock earned pursuant to underlying the Award until the certificates for the Common Stock have been issued and delivered to the Employee or a book entry has been recorded in the name of the Employee with the Company’s transfer agentEmployee.

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (Kimball International Inc)

Qualification of Rights. Neither this Award Agreement nor the existence of the Award shall be construed as giving the Employee any right (a) to be retained as an employee of the Company; or (b) as a shareholder with respect to the Shares shares of Common Stock earned pursuant to underlying the Award until the certificates for the Common Stock have been issued and delivered to the Employee or a book entry has been recorded in the name of the Employee with the Company’s transfer agentEmployee. 9.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Kimball International Inc)

Qualification of Rights. Neither this Award Agreement nor the existence of the Award shall be construed as giving the Employee any right (a) to be retained as an employee of the Company; or (b) as a shareholder with respect to the Shares shares of Common Stock earned pursuant to the Award until the certificates for the Common Stock have been issued and delivered to the Employee or a book entry has been recorded in the name of the Employee with the Company’s transfer agentEmployee.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Kimball International Inc)

Qualification of Rights. Neither this Award Agreement nor the existence of the Award shall be construed as giving the Employee any right (a) to be retained as an employee of the Company; or (b) as a shareholder with respect to the Shares of Common Stock earned pursuant to underlying the Award until the certificates for the Common Stock have been issued and delivered to the Employee or a book entry has been recorded in the name of the Employee with the Company’s transfer agent.

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (Kimball International Inc)

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Qualification of Rights. Neither this Award Agreement nor the existence of the Award shall be construed as giving the Employee any right (a) to be retained as an employee of the Company; or (b) as a shareholder with respect to the Shares of Stock earned pursuant to underlying the Award until the certificates for the Stock have been issued and delivered to the Employee or a book entry has been recorded in the name of the Employee with the Company’s transfer agent.

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (Kimball International Inc)

Qualification of Rights. Neither this Award Agreement nor the existence of the Award shall be construed as giving the Employee any right (a) to be retained as an employee of the Company; or (b) as a shareholder with respect to the Shares of Common Stock earned pursuant to the Award until certificates for the Common Stock have been issued and delivered to the Employee or a book entry has been recorded in the name of the Employee with the Company’s transfer agent.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Kimball International Inc)

Qualification of Rights. Neither this Award Agreement nor the existence of the Award shall be construed as giving the Employee any right (a) to be retained as an employee of the Company; or (b) as a shareholder with respect to the Shares of Common Stock earned pursuant to the Award until the certificates for the Common Stock have been issued and delivered to the Employee or a book entry has been recorded in the name of the Employee with the Company’s transfer agent.

Appears in 1 contract

Samples: Annual Performance Share Award Agreement (Kimball International Inc)

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