Common use of Distributions with Respect to Shares of Restricted Stock Clause in Contracts

Distributions with Respect to Shares of Restricted Stock. a. Any dividends of cash or other property paid with respect to the Shares of Restricted Stock shall accrue and become payable to Participant upon the vesting of such Share of Restricted Stock in accordance with this Agreement. b. Any shares received by Executive as a stock dividend, or as a result of stock splits, recapitalizations, combinations, exchanges of shares, reorganizations, mergers, consolidations or otherwise, directly or indirectly, with respect to the Shares of Restricted Stock shall have the same status, be subject to this Agreement, and shall be delivered to the escrow agent to be held under the same terms and conditions as the Shares of Restricted Stock.