Common use of Rights of Recipients Clause in Contracts

Rights of Recipients. Notwithstanding anything to the contrary herein, a Participant who receives a Performance Share Award payable in Common Stock shall have no rights as a stockholder until the Common Stock is issued pursuant to the terms of the Award Agreement.

Appears in 4 contracts

Samples: Willow Financial Bancorp, Inc., Willow Financial Bancorp, Inc., Community Savings Bankshares Inc /De/

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Rights of Recipients. Notwithstanding anything to the contrary herein, a Participant who receives a Performance Share Award payable in Common Stock shall have no rights as a stockholder shareholder until the Common Stock is issued pursuant to the terms of the Award Agreement.

Appears in 3 contracts

Samples: Minden Bancorp, Inc., Tierone Corp, Tierone Corp

Rights of Recipients. Notwithstanding anything to the contrary herein, a A Participant who receives a Performance Share Award payable in Common Stock shall have no rights as a stockholder shareholder until the Common Stock is issued pursuant to the terms of the Performance Award Agreement.

Appears in 3 contracts

Samples: Abington Bancorp, Inc./Pa, Home Federal Bancorp, Inc. Of Louisiana, Abington Community Bancorp, Inc.

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Rights of Recipients. Notwithstanding anything to the contrary herein, a Participant who receives a Performance Share Award payable in Common Stock shall have no rights as a stockholder shareholder until the Common Stock is issued pursuant to the terms of the Performance Award Agreement.

Appears in 1 contract

Samples: KNBT Bancorp Inc

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