Common use of Rights as a Stockholder Clause in Contracts

Rights as a Stockholder. The Participant shall not be deemed for any purpose to be the owner of any shares of Class A Common Stock constituting the Shares or underlying the RSUs unless, until and to the extent that (i) the Company shall have issued and delivered to the Participant the shares of Class A Common Stock constituting the Shares or underlying the RSUs and (ii) the Participant’s name shall have been entered as a stockholder of record with respect to such shares of Class A Common Stock on the books of the Company. The Company shall cause the actions described in clauses (i) and (ii) of the preceding sentence to occur promptly following settlement as contemplated by this Agreement, subject to compliance with applicable laws.

Appears in 23 contracts

Samples: Restricted Stock Unit and Common Stock Award Agreement (Virtu Financial, Inc.), Restricted Stock Unit and Common Stock Award Agreement (Virtu Financial, Inc.), Restricted Stock Unit and Common Stock Award Agreement (Virtu Financial, Inc.)

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Rights as a Stockholder. The Participant shall not be deemed for any purpose to be purpose, nor have any of the owner rights or privileges of, a stockholder of the Company in respect of any shares of Class A Common Stock constituting the Shares or underlying the RSUs unless, until and to the extent that (i) the Company shall have issued and delivered to the Participant the shares of Class A Common Stock constituting the Shares or underlying the vested RSUs and (ii) the Participant’s name shall have been entered as a stockholder of record with respect to such shares of Class A Common Stock Shares on the books of the Company. The Company shall cause the actions described in clauses (i) and (ii) of the preceding sentence to occur promptly following settlement as contemplated by this Agreement, subject to compliance with applicable laws.

Appears in 17 contracts

Samples: Restricted Stock Unit Award Agreement (MediaAlpha, Inc.), Restricted Stock Unit Award Agreement (MediaAlpha, Inc.), Restricted Stock Unit Award Agreement (MediaAlpha, Inc.)

Rights as a Stockholder. The Neither the Participant nor any Person claiming under or through the Participant shall not be deemed for any purpose to be the owner of any shares of Class A Common Stock constituting the Shares or underlying the RSUs unless, until and to the extent that (ia) the Company shall have issued and delivered to the Participant the shares of Class A Common Stock constituting the Shares or underlying the RSUs and (iib) the Participant’s name shall have been entered as a stockholder of record with respect to such shares of Class A Common Stock on the books of the Company. The Company shall cause the actions described in clauses (ia) and (iib) of the preceding sentence to occur promptly following settlement as contemplated by this Agreement, subject to compliance with applicable laws.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (TKO Group Holdings, Inc.), Restricted Stock Unit Award Agreement (TKO Group Holdings, Inc.), Restricted Stock Unit Award Agreement (TKO Group Holdings, Inc.)

Rights as a Stockholder. The Participant Grantee shall not be deemed for any purpose to be purpose, nor have any of the owner rights or privileges of, a stockholder of the Company in respect of any shares of Class A Common Stock constituting the Shares or underlying the RSUs unless, until and to the extent that (i) the Company shall have issued and delivered to the Participant the shares of Class A Common Stock constituting Grantee the Shares or underlying the vested RSUs and (ii) the ParticipantGrantee’s name shall have been entered as a stockholder of record with respect to such shares of Class A Common Stock Shares on the books of the Company. The Company shall cause the actions described in clauses (i) and (ii) of the preceding sentence to occur promptly following settlement as contemplated by this Agreement, subject to compliance with applicable laws.

Appears in 3 contracts

Samples: Restricted Stock Unit Grant Certificate (Momentive Performance Materials Inc.), Restricted Stock Unit Grant Certificate (Momentive Performance Materials Inc.), Director Restricted Stock Unit Grant Certificate (Momentive Performance Materials Inc.)

Rights as a Stockholder. The Participant shall not be deemed for any purpose to be purpose, nor have any of the owner rights or privileges of, a stockholder of the Company in respect of any shares of Class A Common Stock constituting the Shares or underlying the RSUs PSUs unless, until and to the extent that (i) the Company shall have issued and delivered to the Participant the shares of Class A Common Stock constituting the Shares or underlying the RSUs vested PSUs and (ii) the Participant’s name shall have been entered as a stockholder of record with respect to such shares of Class A Common Stock Shares on the books of the Company. The Company shall cause the actions described in clauses (i) and (ii) of the preceding sentence to occur promptly following settlement as contemplated by this Agreement, subject to compliance with applicable laws.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Viatris Inc), Restricted Stock Unit Award Agreement (Viatris Inc), Restricted Stock Unit (Schneider National, Inc.)

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Rights as a Stockholder. The Participant shall not be deemed for any purpose to be the owner of any shares of Class A Common Stock constituting the Shares or underlying the Performance-Vesting RSUs unless, until and to the extent that (ia) the Company shall have issued and delivered to the Participant the shares of Class A Common Stock constituting the Shares or underlying the Performance-Vesting RSUs and (iib) the Participant’s name shall have been entered as a stockholder of record with respect to such shares of Class A Common Stock on the books of the Company. The Company shall cause the actions described in clauses (ia) and (iib) of the preceding sentence to occur promptly following settlement as contemplated by this Agreement, subject to compliance with applicable laws.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Endeavor Group Holdings, Inc.), Restricted Stock Unit Award Agreement (Endeavor Group Holdings, Inc.)

Rights as a Stockholder. The Participant shall not be deemed for any purpose to be the owner of any shares of Class A Common Stock constituting the Shares or underlying the Time-Vesting RSUs unless, until and to the extent that (ia) the Company shall have issued and delivered to the Participant the shares of Class A Common Stock constituting the Shares or underlying the Time-Vesting RSUs and (iib) the Participant’s name shall have been entered as a stockholder of record with respect to such shares of Class A Common Stock on the books of the Company. The Company shall cause the actions described in clauses (ia) and (iib) of the preceding sentence to occur promptly following settlement as contemplated by this Agreement, subject to compliance with applicable laws.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Endeavor Group Holdings, Inc.), Restricted Stock Unit Award Agreement (Endeavor Group Holdings, Inc.)

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