Common use of Voting and Dividend Rights Clause in Contracts

Voting and Dividend Rights. During the Restriction Period, the Employee shall have the rights to vote the Shares and to receive any cash dividends payable with respect to the Shares, as paid, less applicable withholding taxes (it being understood that such dividends will generally be taxable as ordinary compensation income during such Restriction Period).

Appears in 8 contracts

Samples: Restricted Stock Agreement (Altria Group, Inc.), Restricted Stock Agreement (Altria Group, Inc.), Restricted Stock Agreement (Kraft Foods Inc)

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Voting and Dividend Rights. During the Restriction Period, the Employee shall have the rights to vote the Shares and to receive any cash dividends payable with respect to the Shares, as paid, less applicable withholding taxes (it being understood that such dividends will generally be taxable as ordinary compensation income during such Restriction Period)taxes.

Appears in 6 contracts

Samples: Restricted Stock Agreement (Altria Group, Inc.), Restricted Stock Agreement (Kraft Foods Inc), Restricted Stock Agreement (Altria Group, Inc.)

Voting and Dividend Rights. During the Restriction Period, the Employee shall have the rights right to vote the Restricted Shares and to receive any cash dividends payable and other distributions with respect to the Restricted Shares, as paid, less applicable withholding taxes (it being understood that such dividends will generally be taxable as ordinary compensation income during such Restriction Period)) unless and until such Restricted Shares are forfeited pursuant to paragraph 2 hereof.

Appears in 5 contracts

Samples: Restricted Stock Agreement (Kraft Foods Inc), Restricted Stock Agreement (Kraft Foods Inc), Restricted Stock Agreement (Kraft Foods Inc)

Voting and Dividend Rights. During the Restriction Period, the Employee shall have the rights right to vote the Shares and to receive any cash dividends payable with respect to the Shares, as paid, less applicable withholding taxes (it being understood that such dividends will generally be taxable as ordinary compensation income during such Restriction Period).

Appears in 3 contracts

Samples: Restricted Stock Agreement (Philip Morris International Inc.), Restricted Stock Agreement (Philip Morris International Inc.), Restricted Stock Agreement (Philip Morris International Inc.)

Voting and Dividend Rights. During the Restriction Period, the Employee shall have the rights right to vote the Restricted Shares and to receive any cash dividends payable and other distributions with respect to the Restricted Shares, as paid, less applicable withholding taxes Tax-Related Items (as defined in Section 6, below) (it being understood that such dividends will generally be taxable as ordinary compensation income during such Restriction Period)) unless and until such Restricted Shares are forfeited pursuant to paragraph 2 hereof.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Mondelez International, Inc.), Restricted Stock Agreement (Mondelez International, Inc.)

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Voting and Dividend Rights. During the Restriction Period, the Employee shall have the rights to vote the Shares and to receive any cash or deemed dividends payable with respect to the Shares, as paid, less applicable withholding taxes (it being understood that such dividends will generally be taxable as ordinary compensation income during such Restriction Period).

Appears in 1 contract

Samples: Employee Restricted Stock Agreement (Harris & Harris Group Inc /Ny/)

Voting and Dividend Rights. During the Restriction Period, the Employee shall have the rights right to vote the Restricted Shares and to receive any cash dividends payable and other distributions with respect to the Restricted Shares, as paid, less applicable withholding taxes Tax-Related Items (as defined in paragraph 6, below) (it being understood that such dividends will generally be taxable as ordinary compensation income during such Restriction Period)) unless and until such Restricted Shares are forfeited pursuant to paragraph 2 hereof.

Appears in 1 contract

Samples: Restricted Stock Agreement (Mondelez International, Inc.)

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