Rights with Respect to the Shares. With respect to the Shares, you shall be entitled effective as of the Grant Date to exercise the rights of a shareholder of Common Stock of the Company, including the right to vote the Shares and the right, subject to Section 8(b) below, to receive dividends on the Shares, unless and until the Shares are forfeited under Section 5 below. Notwithstanding the foregoing, you shall be subject to the transfer restrictions in Section 6. Your rights with respect to the Shares shall remain forfeitable at all times prior to the date or dates on which such rights become vested under this Agreement (the “Restricted Period”). In addition, your rights to Shares that have vested shall be subject to forfeiture in the event that you violate the terms of your Confidentiality, Non-Solicitation and Non-Competition Agreement with the Company (the “Non-Compete Agreement”) as provided in Sections 5 and 10 below.
Appears in 4 contracts
Samples: Restricted Stock Agreement (Proquest Co), Restricted Stock Agreement (Voyager Learning CO), Restricted Stock Agreement (Cambium-Voyager Holdings, Inc.)
