Common use of Rights as a Shareholder Clause in Contracts

Rights as a Shareholder. The Participant shall have no rights as a stockholder of the Company with respect to any Shares of Common Stock covered by or relating to the Restricted Stock Units until such Shares are actually delivered to the Participant. For purposes of clarification, the Participant shall not have any voting or dividend rights with respect to the Shares of Common Stock underlying the Restricted Stock Units unless and until such Shares are actually delivered to the Participant.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (Resideo Technologies, Inc.), Restricted Stock Unit Agreement (Resideo Technologies, Inc.), Restricted Stock Unit Agreement (Resideo Technologies, Inc.)

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Rights as a Shareholder. The Participant You shall have no rights as a stockholder of the Company with respect to any Shares of Common Stock covered by or relating to the Restricted Stock Units until such Shares are actually delivered to the Participantyou. For purposes of clarification, the Participant you shall not have any voting or dividend rights with respect to the Shares of Common Stock underlying the Restricted Stock Units unless and until such Shares are actually delivered to the Participantyou.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Resideo Technologies, Inc.), Restricted Stock Unit Agreement (Resideo Technologies, Inc.), Restricted Stock Unit Agreement (Resideo Technologies, Inc.)

Rights as a Shareholder. The Participant shall have no rights as a stockholder of the Company with respect to any Shares shares of Common Stock covered by or relating to the Restricted Stock Units until such Shares are actually delivered to the Participant. For purposes of clarification, the Participant shall not have any voting or dividend rights that may be issuable with respect to the Shares PSUs until the issuance of the shares of Common Stock underlying the Restricted Stock Units unless and until such Shares are actually delivered to the ParticipantParticipant following the vesting of the PSUs.

Appears in 4 contracts

Samples: Inducement Performance Stock Unit Agreement (Agios Pharmaceuticals, Inc.), Inducement Performance Stock Unit Agreement (Agios Pharmaceuticals, Inc.), Restricted Stock Unit Agreement (Sesen Bio, Inc.)

Rights as a Shareholder. The Participant shall have no rights as a stockholder of the Company with respect to any Shares shares of Common Stock covered by or relating to the Restricted Stock Units Options until such Shares are actually delivered the date of issuance to the ParticipantParticipant of a certificate or other evidence of ownership representing such shares of Common Stock in settlement thereof. For purposes of clarification, the Participant shall not have any voting or dividend rights with respect to the Shares shares of Common Stock underlying the Restricted Stock Units unless and until such Shares are actually delivered Options prior to the Participantapplicable Settlement Date.

Appears in 4 contracts

Samples: Grant Agreement (Sabre Corp), Option Grant Agreement (Sabre Corp), Option Grant Agreement (Sabre Corp)

Rights as a Shareholder. The Participant shall have no rights as a stockholder of the Company with respect to any Shares of Common Stock covered by or relating to the Restricted Performance Stock Units until such Shares are actually delivered to the Participant. For purposes of clarification, the Participant shall not have any voting or dividend rights with respect to the Shares of Common Stock underlying the Restricted Performance Stock Units unless and until such Shares are actually delivered to the Participant.

Appears in 3 contracts

Samples: Performance Stock Unit Agreement (Resideo Technologies, Inc.), Performance Stock Unit Agreement (Resideo Technologies, Inc.), 2018 Stock Incentive Plan (Garrett Motion Inc.)

Rights as a Shareholder. The Participant shall Until Shares have no rights as a stockholder of the Company with respect to any Shares of Common Stock covered by or relating been issued to the Restricted Stock Units until such Shares are actually delivered to the Participant. For purposes of clarificationParticipant in accordance with Section 2(a), the Participant shall not have any voting or dividend of the rights of a shareholder with respect to Restricted Share Units. Accordingly, the Shares Participant shall not have the right to vote the Restricted Share Units. The grant of DERs with respect to a notional number of Common Stock underlying Shares shall not confer on the Restricted Stock Units unless and until Participant any rights whatsoever as a shareholder of any such Shares are actually delivered to the Participantshares of Common Shares.

Appears in 2 contracts

Samples: Restricted Share Unit Agreement (Aircastle LTD), Restricted Share Unit Agreement (Aircastle LTD)

Rights as a Shareholder. The Participant shall have no rights as a stockholder of the Company with respect to any Shares of Common Stock covered by or relating to the Restricted Stock Units unless and until such Shares are actually delivered to the Participant. For purposes of clarification, the Participant shall not have any voting voting, dividend or dividend other rights with respect to the Shares of Common Stock underlying the Restricted Stock Units unless and until such Shares are actually delivered to the Participant.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Resideo Technologies, Inc.), Restricted Stock Unit Agreement (Resideo Technologies, Inc.)

Rights as a Shareholder. The Participant shall have no rights as a stockholder of the Company shareholder with respect to any Common Shares which may be delivered upon vesting of Common Stock covered by or relating to the Restricted Stock Units until such Shares are actually delivered to the Participant. For purposes of clarification, the Participant shall not have any voting or dividend rights with respect to the Shares of Common Stock underlying the Restricted Stock these Units unless and until such a certificate or certificates representing the Common Shares are actually duly issued and delivered to the Participanthim, including any rights to dividends or other related payments.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Maiden Holdings, Ltd.)

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Rights as a Shareholder. The No Participant shall have no rights as a stockholder any of the Company rights or privileges of a shareholder with respect to Shares covered by any Award until Shares shall have been issued and delivered: (a) to the Participant in the form of certificates, (b) to a brokerage or other account for the benefit of the Participant either in certificate form or via “DWAC” or similar electronic means, or (c) to a book entry or direct registration account in the name of the Participant, including a book entry account at the Company’s transfer agent during the period(s) prior to which Shares of Common Stock covered by or relating to the Restricted Stock Units until such Shares are actually delivered to the Participant. For purposes of clarification, the Participant shall have not have any voting or dividend rights with respect to the Shares of Common Stock underlying the Restricted Stock Units unless and until such Shares are actually delivered to the Participantvested.

Appears in 1 contract

Samples: Unitrin Inc

Rights as a Shareholder. The Participant shall have no rights as a stockholder of the Company with respect to any Shares of Common Stock covered by or relating to the Restricted Performance Stock Units until such Shares are actually delivered to the Participant. For purposes of clarification, the Participant shall not have any voting or dividend rights with respect to the Shares of Common Stock underlying the Restricted Performance Stock Units unless and until such Shares are actually delivered to the Participant.. 1 This information regarding the external plan administrator may be included in individual grants as applicable. US.121149404.03

Appears in 1 contract

Samples: Performance Stock Unit Agreement (Resideo Technologies, Inc.)

Rights as a Shareholder. The Participant shall Until Shares have no rights as a stockholder of the Company with respect to any Shares of Common Stock covered by or relating been issued to the Restricted Stock Units until such Shares are actually delivered to the Participant. For purposes of clarificationParticipant in accordance with Section 2(a), the Participant shall not have any voting or dividend of the rights of a shareholder with respect to Restricted Share Units. Accordingly, the Shares of Common Stock underlying Participant shall not have the right to vote the Restricted Stock Units unless and until Share Units. The grant of DERs with respect to a notional number of Shares shall not confer on the Participant any rights whatsoever as a shareholder of any such Shares are actually delivered to the ParticipantShares.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Aircastle LTD)

Rights as a Shareholder. The Participant shall have no rights as a stockholder of the Company with respect to any Shares of Common Stock covered by or relating to the Restricted Performance Stock Units unless and until such Shares are actually delivered to the Participant. For purposes of clarification, the Participant shall not have any voting voting, dividend or dividend other rights with respect to the Shares of Common Stock underlying the Restricted Performance Stock Units unless and until such Shares are actually delivered to the Participant.

Appears in 1 contract

Samples: Performance Stock Unit Agreement (Resideo Technologies, Inc.)

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