Common use of RIGHTS AS A STOCKHOLDER, DIRECTOR, EMPLOYEE OR CONSULTANT Clause in Contracts

RIGHTS AS A STOCKHOLDER, DIRECTOR, EMPLOYEE OR CONSULTANT. The Employee shall have no rights as a stockholder with respect to any shares which may be issued in settlement of this grant until the date of the issuance of a certificate for such shares (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company). No adjustment shall be made for dividends, distributions or other rights for which the record date is prior to the date such certificate is issued, except as provided in paragraph 8 or pursuant to the Dividend Equivalent Rights of paragraph 6.

Appears in 3 contracts

Samples: Award Plan Restricted Stock Unit Agreement (Computer Network Technology Corp), Plan Restricted Stock Unit Agreement (Computer Network Technology Corp), Award Plan Restricted Stock Unit Agreement (Computer Network Technology Corp)

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RIGHTS AS A STOCKHOLDER, DIRECTOR, EMPLOYEE OR CONSULTANT. The Employee Director shall have no rights as a stockholder with respect to any shares which may be issued in settlement of this grant until the date of the issuance of a certificate for such shares (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company). No adjustment shall be made for dividends, distributions or other rights for which the record date is prior to the date such certificate is issued, except as provided in paragraph 8 5 or pursuant to the Dividend Equivalent Rights of paragraph 64.

Appears in 1 contract

Samples: Plan Deferred Stock Unit Agreement (Computer Network Technology Corp)

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