Common use of Voting and Dividends Clause in Contracts

Voting and Dividends. The Participant may exercise full voting rights and will receive all dividends and other distributions paid with respect to the Restricted Shares, whether or not vested, in each case so long as the applicable record date occurs before any forfeiture of such shares. If, however, any such dividends or distributions are paid in shares of Company capital stock, such shares will be subject to the same risk of forfeiture, restrictions on transferability and other terms of this Agreement as are the Restricted Shares with respect to which they were paid.

Appears in 5 contracts

Samples: Restricted Stock Award Agreement (United Insurance Holdings Corp.), Restricted Stock Award Agreement (United Insurance Holdings Corp.), Restricted Stock Award Agreement (United Insurance Holdings Corp.)

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Voting and Dividends. The Participant may exercise full voting rights and will receive all dividends and other distributions paid with respect to the Restricted Shares, whether or not vested, in each case so long as the applicable record date occurs before any forfeiture of such shares. If, however, any such dividends or distributions are paid in shares of Company capital stock, such shares will be subject to the same risk of forfeiture, restrictions on transferability and other terms of this Agreement as are is the Restricted Shares with respect to which they were paid.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Liquidmetal Technologies Inc), Restricted Stock Award Agreement (Dynamic Ventures Corp.)

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Voting and Dividends. The While the Restricted Shares are subject to forfeiture, the Participant may exercise full voting rights and will receive all dividends and other distributions paid with respect to the Restricted Shares, whether or not vested, in each case so long as the applicable record date occurs on or after the grant's effective date and before any forfeiture of such sharesthe Restricted Shares are forfeited. If, however, any such dividends or distributions are paid in shares of Company capital stockStock, such shares will be subject to the same risk of forfeiture, restrictions on transferability and other terms of this Agreement as are the Restricted Shares with respect to which they were paid.

Appears in 1 contract

Samples: First Business Financial (First Business Financial Services, Inc.)

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