Common use of Certificates for Shares; Rights as Shareholder Clause in Contracts

Certificates for Shares; Rights as Shareholder. The Participant and his or her legal representatives, legatees or distributees shall not be deemed to be the holder of any of the Shares and shall not have any rights of a shareholder unless and until certificates for such Shares have been issued to him or her or them. Unless the Administrator determines otherwise, a certificate or certificates for any of the Shares shall be issued in the name of the Participant as soon as practicable after the Award has been granted. Notwithstanding the foregoing, the Administrator may require that (a) the Participant deliver the certificate(s) for the Shares to the Administrator or its designee to be held in escrow until the Award vests (in which case the Shares will be released to the Participant) or is forfeited (in which case the Shares shall be returned to the Corporation); and/or (b) the Participant deliver to the Corporation a stock power, endorsed in blank, relating to the Shares that are subject to forfeiture. Except as otherwise provided in the Plan or this Agreement, the Participant shall have all voting, dividend and other rights of a shareholder with respect to the Shares following issuance of the certificate or certificates for the Shares.

Certificates for Shares; Rights as Shareholder. The Participant and his Unless the Administrator determines otherwise, upon issuance of a certificate or her legal representatives, legatees or distributees shall not be deemed to be the holder of any of certificates for the Shares (or, in the case of uncertificated shares, other written evidence of ownership in accordance with Applicable Laws), the Participant shall have voting rights, dividend rights and shall not have any other rights of as a shareholder unless and until certificates for such Shares have been issued with respect to him or her or themthe Shares. Unless the Administrator determines otherwise, a certificate or certificates for any Shares subject to the Award (or, in the case of the Shares uncertificated shares, other written evidence of ownership in accordance with Applicable Laws) shall be issued in the name of the Participant as soon as practicable after the Award has been granted. Notwithstanding the foregoing, the Administrator may require that (a) the Participant deliver the certificate(s) (or other written instruments) for the Shares to the Administrator or its designee to be held in escrow until the Award vests (in which case the Shares will be released to the Participant) or is forfeited (in which case the Shares shall be returned to the Corporation); and/or (b) the Participant deliver to the Corporation a stock powerpower (or similar instrument), endorsed in blank, relating to the Shares subject to the Award that are subject to forfeiture. Except as otherwise provided in the Plan or this Agreement, the Participant shall have all voting, dividend and other rights of a shareholder with respect to the Shares following issuance of the certificate or certificates for the Shares.

Certificates for Shares; Rights as Shareholder. The Participant and his or her legal representatives, legatees or distributees shall not be deemed to be the holder of any of shares subject to the Shares Award and shall not have any rights of a shareholder unless and until certificates for such Shares shares have been issued to him or her or them. Unless the Administrator Committee determines otherwise, a certificate or certificates for any of Shares subject to the Shares Award shall be issued in the name of the Participant as soon as practicable after the Award has been granted. Notwithstanding the foregoing, the Administrator Committee may require that (a) the Participant deliver the certificate(s) for the Shares to the Administrator Committee or its designee to be held in escrow until the Award vests (in which case the Shares will be released to the Participant) or is forfeited (in which case the Shares shall be returned to the Corporation); and/or (b) the Participant deliver to the Corporation a stock power, endorsed in blank, relating to the Shares subject to the Award that are subject to forfeiture. Except as otherwise provided in the Plan or this the Agreement, the Participant shall will have all voting, dividend and other rights of a shareholder with respect to the Shares following issuance of the certificate or certificates for the Shares.

Certificates for Shares; Rights as Shareholder. The Unless the Administrator determines otherwise: (i) the Participant shall have voting rights and his or her legal representatives, legatees or distributees shall not be deemed (except as provided in clause (ii) below) other rights as a shareholder with respect to be shares subject to the holder of any portion of the Shares Award that has not yet vested and (ii) notwithstanding clause (i) herein, the Administrator may determine that any dividends (whether cash or stock) subject to the Award shall not have any rights of a shareholder unless and until certificates for such Shares have been issued be subject to him the same vesting or her or themother restrictions that apply to the shares subject to the Award. Unless the Administrator determines otherwise, a certificate or certificates for any Shares subject to the Award (or, in the case of the Shares uncertificated shares, other written evidence of ownership in accordance with Applicable Laws) shall be issued in the name of the Participant as soon as practicable after the Award has been granted. Notwithstanding the foregoing, the Administrator may require that that: (a) the Participant deliver the certificate(s) (or other written instruments) for the Shares to the Administrator or its designee to be held in escrow until the Award vests (in which case the Shares will be released to the Participant) or is forfeited (in which case the Shares shall be returned to the Corporation); ) and/or (b) the Participant deliver to the Corporation a stock powerpower (or similar instrument), endorsed in blank, relating to the Shares subject to the Award that are subject to forfeiture. Except as otherwise provided in the Plan or this Agreement, the Participant shall have all voting, dividend and other rights of a shareholder with respect to the Shares following issuance of the certificate or certificates for the Shares.