Common use of Shareholder Rights Clause in Contracts

Shareholder Rights. The Participant shall not have any rights as a shareholder of the Company with respect to the Stock Units subject to this Agreement until the Stock Units vest and are settled by the issuance of Common Stock.

Appears in 32 contracts

Samples: 2005 Director Deferred Stock Unit Agreement (Green Mountain Power Corp), Officer Deferred Stock Unit Agreement (Green Mountain Power Corp), Officer Deferred Stock Unit Agreement (Green Mountain Power Corp)

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Shareholder Rights. The Participant shall not have any no rights as of a shareholder of the Company with respect to the units of Common Stock Units subject to this Agreement Award Agreement, unless and until the Stock Units vest and are settled by Participant is registered as the issuance holder of such shares of Common Stock.

Appears in 26 contracts

Samples: Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp), Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp), Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp)

Shareholder Rights. The Participant shall not have any rights as a shareholder of the Company with respect to the Stock Units subject to this Agreement until the Stock Units vest and are settled by the issuance of Common Stock. 6.

Appears in 14 contracts

Samples: Stock Unit Agreement (Green Mountain Power Corp), Officer Deferred Stock Unit Agreement (Green Mountain Power Corp), Officer Deferred Stock Unit Agreement (Green Mountain Power Corp)

Shareholder Rights. The Participant shall not have any no rights as a shareholder of the Company Company, including voting rights, with respect to the Restricted Stock Units subject to this Agreement until the Stock Units vest and are settled by the issuance of Common Stockcommon stock upon expiration of the Period of Restriction.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Pennsylvania Electric Co), Restricted Stock Unit Award Agreement (FirstEnergy Solutions Corp.)

Shareholder Rights. The Participant shall not have any rights as a shareholder of the Company Corporation with respect to the Stock Units subject to this Agreement until shares of Common Stock are issued in settlement of the Stock Units vest and are settled by Units. Upon the issuance of shares of Common StockStock in settlement of the Stock Units, the Participant shall have all the rights of a shareholder of the Corporation with respect to those shares, including the right to vote the shares and to receive all dividends on the shares.

Appears in 2 contracts

Samples: Stock Unit Award Agreement (Xenith Bankshares, Inc.), Stock Unit Award Agreement (Xenith Bankshares, Inc.)

Shareholder Rights. The Participant shall not will have any no rights as a shareholder of the Company with respect to the Stock Units subject to this Agreement until the Stock Units vest are Vested and are settled by the issuance shares of Common Stock are issued hereunder. Thereafter, Participant will have all the rights of a shareholder of the Company with respect to the Common Stock, including the right to receive dividends on and to vote the Common Stock, subject to the transfer restrictions set forth in this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Hampton Roads Bankshares Inc)

Shareholder Rights. The Participant shall not have any no rights as a shareholder of the Company Company, including voting rights, with respect to the Restricted Stock Units subject to this Agreement until the Stock Units vest and are settled by the issuance of Common Stockcommon stock upon expiration of the Period of Restriction or, to the extent applicable, upon the Participant’s receipt of the common stock following a distribution from his or her account under the Company’s Executive Deferred Compensation Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (FirstEnergy Solutions Corp.)

Shareholder Rights. The Participant shall not will have any no rights as a shareholder of the Company with respect to the Stock Units subject to this Agreement until the Stock Units vest are Vested and are settled by the issuance shares of Common Stock are issued hereunder. Thereafter, Participant will have all the rights of a shareholder of the Company with respect to the Restricted Stock, including the right to receive dividends on and to vote the Restricted Stock; provided, however, that Participant may not sell, transfer, pledge, exchange, hypothecate or otherwise dispose of Restricted Stock, until the time(s) and except in the manner provided in this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Hampton Roads Bankshares Inc)

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Shareholder Rights. The Participant shall not have any no rights as a shareholder of the Company Company, including voting rights, with respect to the Restricted Stock Units subject to this Agreement until the Stock Units vest and are settled by the issuance of Common Stockcommon stock, if any, upon expiration of the Period of Restriction or, to the extent applicable, upon the Participant’s receipt of the common stock following a distribution from his or her account under the Company’s Executive Deferred Compensation Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Firstenergy Corp)

Shareholder Rights. The Participant shall not have any no rights as a shareholder of the Company Company, including voting rights, with respect to the Restricted Stock Units subject to this Agreement until the Stock Units vest and are settled by the issuance of Common Stockcommon stock, if any, upon expiration of the Period of Restriction.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (FirstEnergy Solutions Corp.)

Shareholder Rights. The Participant shall not will have any no rights as of a shareholder of the Company with respect to the Stock Units subject to this Agreement until the Stock Units vest are Vested and are settled by the issuance shares of Common StockStock are issued.

Appears in 1 contract

Samples: Performance Stock Award Agreement (Middleburg Financial Corp)

Shareholder Rights. The Participant shall not have any rights as a shareholder of the Company with respect to the Stock Units subject to Performance Shares or under this Agreement until except until, and then to the Stock Units vest and are settled by the issuance extent that, shares of Common StockStock are issued to the Participant in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Performance Share Award Agreement (New York Mortgage Trust Inc)

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