Common use of Credit to Bookkeeping Account Clause in Contracts

Credit to Bookkeeping Account. The Stock Units shall be credited to a bookkeeping account maintained by the Company on your behalf (“Account”) as of the Grant Date. The crediting of the Stock Units to your Account will not entitle you to voting or other rights as a stockholder until shares of Common Stock are issued upon settlement, but will entitle you to receive Dividend Equivalents.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (MAGELLAN GOLD Corp), Restricted Stock Unit Agreement (MAGELLAN GOLD Corp), Restricted Stock Unit Agreement (MAGELLAN GOLD Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!