Common use of Voting and Dividends Clause in Contracts

Voting and Dividends. All voting rights with respect to the Shares shall be exercisable by Participant notwithstanding the restrictions imposed on the Shares herein. Any cash dividends paid on the Shares shall be remitted to Participant, subject to applicable withholding. Stock distributed in connection with a stock split or stock dividend with respect to the Shares shall be subject to the restrictions and risk of forfeiture to the same extent as the Shares.

Appears in 5 contracts

Samples: Employee Restricted Stock Agreement (Lone Star Technologies Inc), Lone Star Technologies Inc, Lone Star Technologies Inc

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Voting and Dividends. All Participant shall be entitled to exercise voting rights with respect to the Shares shall be exercisable by Participant Restricted Stock notwithstanding the restrictions imposed on the Shares Restricted Stock herein. Any cash dividends paid on the Shares Restricted Stock shall be remitted to Participant, subject to applicable withholding. Stock distributed in connection with a stock split or stock dividend with respect to the Shares Restricted Stock shall be subject to the restrictions and risk of forfeiture to the same extent as the SharesRestricted Stock.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Alexion Pharmaceuticals Inc)

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Voting and Dividends. All Participant shall be entitled to exercise voting rights with respect to the Shares shall be exercisable by Participant Restricted Stock notwithstanding the restrictions imposed on the Shares Restricted Stock herein. Any cash or stock dividends paid on the Shares Restricted Stock shall be remitted to Participant, subject to applicable withholding. Stock Any cash, property or other securities distributed in connection with a stock split respect of or stock dividend with respect to exchanged for the Shares Restricted Stock shall be subject to the restrictions and risk of forfeiture to the same extent as the SharesRestricted Stock, or as otherwise determined by the Committee.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Alexion Pharmaceuticals Inc)

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