Dividend, Voting and Other Rights. (a) The Grantee shall have no rights of ownership in the Deferred Stock Units and shall have no right to dividends and no right to vote the Deferred Stock Units until the date on which the Deferred Stock Units are settled in Common Shares pursuant to Article II, Section 4 above.
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Samples: Deferred Stock Units Agreement (J M SMUCKER Co), Deferred Stock Units Agreement (J M SMUCKER Co), Deferred Stock Units Agreement (J M SMUCKER Co)
Dividend, Voting and Other Rights. (a) The Grantee shall have no rights of ownership in the Deferred Stock Units [except for a right to dividend equivalents payable in cash on a current basis on the Common Shares underlying the Deferred Stock Units as provided in Article II, Section 5(b) below (“dividend equivalents”), ]and shall have [no right to dividends and ]no right to vote the Deferred Stock Units until the date on which the Common Shares underlying the Deferred Stock Units are settled in Common Shares transferred to the Grantee pursuant to Article II, Section 4 above.
Appears in 4 contracts
Samples: Deferred Stock Units Agreement (J M SMUCKER Co), Deferred Stock Units Agreement (Smucker J M Co), Deferred Stock Units Agreement (Smucker J M Co)
Dividend, Voting and Other Rights. (a) The Grantee shall have no rights of ownership in the Deferred Stock Units and shall have no right to dividends and no right to vote the Deferred Stock Units until the date on which the Common Stock underlying the Deferred Stock Units are settled in Common Shares is transferred to the Grantee pursuant to Article II, Section 4 above.
Appears in 2 contracts
Samples: Deferred Stock Units Agreement (Smucker J M Co), Deferred Stock Units Agreement (Smucker J M Co)
Dividend, Voting and Other Rights. (a) The Grantee shall have no rights of ownership in the Deferred Stock Units [except for a right to dividend equivalents payable in cash on a current basis on the Common Stock underlying the Deferred Stock Units as provided in Section 5(b) below (“dividend equivalents”), ]and shall have [no right to dividends and ]no right to vote the Deferred Stock Units until the date on which the Common Stock underlying the Deferred Stock Units are settled in Common Shares is transferred to the Grantee pursuant to Article II, Section 4 above.
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Dividend, Voting and Other Rights. (a) The Grantee shall have no rights of ownership in the Deferred Stock Units except for a right to dividend equivalents payable in cash on a current basis on the Common Shares underlying the Deferred Stock Units as provided in Article II, Section 5(b) below (“dividend equivalents”), and shall have no right to dividends and no right to vote the Deferred Stock Units until the date on which the Common Shares underlying the Deferred Stock Units are settled in Common Shares transferred to the Grantee pursuant to Article II, Section 4 above.
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