Common use of Status of Employee Clause in Contracts

Status of Employee. Employee shall have no rights as a stockholder (including, without limitation, any voting rights or rights to receive dividends with respect to the Shares subject to the Award) with respect to either the Award granted hereunder or the Shares underlying the Award, unless and until such Shares are issued in respect of Vested Units, and then only to the extent of such issued Shares.

Appears in 10 contracts

Samples: Cathay General Bancorp (Cathay General Bancorp), Cathay General Bancorp (Cathay General Bancorp), Restricted Stock Unit Agreement (Cathay General Bancorp)

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