Common use of Voting and Dividends Clause in Contracts

Voting and Dividends. The Participant will have the right to vote the shares of Restricted Stock awarded hereunder. Any cash dividends declared on the non-vested Restricted Stock (and any earnings thereon) shall be immediately distributed to the Participant.

Appears in 8 contracts

Samples: Restricted Stock Award (Berkshire Hills Bancorp Inc), Restricted Stock (Standard Financial Corp.), Equity Incentive Plan (Standard Financial Corp.)

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Voting and Dividends. The Participant will have the right to vote the shares of Restricted Stock awarded hereunder. Any cash dividends declared on the non-vested shares of Restricted Stock that have not vested (and any earnings thereon) shall be immediately distributed to the Participant.

Appears in 7 contracts

Samples: Restricted Stock (Sugar Creek Financial Corp./Md/), Restricted Stock (Poage Bankshares, Inc.), Restricted Stock (Poage Bankshares, Inc.)

Voting and Dividends. The Participant will shall have the right to vote the shares of Restricted Stock awarded hereunder. Any cash dividends or distributions declared on and paid with respect to shares of Stock subject to the non-vested Restricted Stock (and any earnings thereon) shall Award, other than a stock dividend consisting of shares of Stock, will be immediately distributed to the Participant.

Appears in 4 contracts

Samples: Restricted Stock Award (Northwest Bancshares, Inc.), Restricted Stock Award (Northwest Bancshares, Inc.), Equity Incentive Plan (Territorial Bancorp Inc.)

Voting and Dividends. The Participant will have the right to vote the shares of Restricted Stock awarded hereunder. Any cash dividends declared on the non-vested Restricted Stock (and any earnings thereon) shall be immediately held and distributed to the ParticipantParticipant within ten business days of the vesting of the underlying share of Restricted Stock.

Appears in 2 contracts

Samples: Restricted Stock Award (Colonial Financial Services, Inc.), Restricted Stock Award (Colonial Financial Services, Inc.)

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Voting and Dividends. The Participant will have the right to vote the shares of Restricted Stock awarded hereunder. Any cash dividends declared on the non-vested Restricted Stock (and any earnings thereon) shall be immediately delayed and distributed to the ParticipantParticipant at the time when the Restricted Stock vests.

Appears in 2 contracts

Samples: Equity Incentive Plan (Berkshire Hills Bancorp Inc), Equity Incentive Plan (Berkshire Hills Bancorp Inc)

Voting and Dividends. The Participant will have the right to vote the shares of Restricted Stock awarded hereunder. Any cash dividends declared on the non-vested Restricted Stock (and any earnings thereon) shall be immediately delayed and distributed to the ParticipantParticipant at the time when the Restricted Stock is distributed to the Participant under Section 5 of this Agreement.

Appears in 1 contract

Samples: Equity Incentive Plan (Berkshire Hills Bancorp Inc)

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