Dividends and Voting Rights. The Employee shall be entitled to receive any dividends paid with respect to shares of Restricted Shares that become payable during the Restricted Period; provided however, that no dividends shall be payable to or for the benefit of the Employee with respect to record dates occurring prior to the Grant Date, or with respect to record dates occurring on or after the date, if any, on which the Employee has forfeited the Restricted Shares. The Employee shall be entitled to vote the Restricted Shares during the Restricted Period to the same extent as would have been applicable to the Employee if the Employee was then vested in the shares; provided, however, that the Employee shall not be entitled to vote the shares with respect to record dates for such voting rights arising prior to the Grant Date, or with respect to record dates occurring on or after the date, if any, on which the Employee has forfeited the Restricted Shares.
Appears in 8 contracts
Samples: Restricted Share Agreement (Corporate Office Properties Trust), Restricted Share Agreement (Corporate Office Properties Trust), Restricted Share Agreement (Corporate Office Properties Trust)
Dividends and Voting Rights. The Employee shall be entitled to receive any dividends paid with respect to shares of the Restricted Shares that become payable during the Restricted Periodpayable; provided provided, however, that no dividends shall be payable to or for the benefit of the Employee for the Restricted Shares with respect to the record dates occurring prior to the Grant Date, or with respect to record dates occurring on or after the date, if any, on which the Employee has forfeited the Restricted Shares. The Employee shall be entitled to vote the Restricted Shares during the Restricted Period to the same extent as would have been applicable to the Employee if the Employee was then vested in the shares; provided, however, that the Employee shall not be entitled to vote the shares with respect to record dates for such voting rights arising prior to the Grant Date, or with respect to record dates occurring on or after the date, if any, on which the Employee has forfeited the Restricted Shares.
Appears in 7 contracts
Samples: Restricted Stock Agreement (Condor Hospitality Trust, Inc.), Restricted Stock Agreement (Supertel Hospitality Inc), Form of Restricted Stock Agreement (Valmont Industries Inc)
Dividends and Voting Rights. The Employee shall be entitled to receive any dividends paid with respect to shares of Restricted Shares that become payable during the Restricted Period; provided however, that no dividends shall be payable to or for the benefit of the Employee with respect to record dates occurring prior to the Grant DateDate specified in the Prior Agreement, or with respect to record dates occurring on or after the date, if any, on which the Employee has forfeited the Restricted Shares. The Employee shall be entitled to vote the Restricted Shares during the Restricted Period to the same extent as would have been applicable to the Employee if the Employee was then vested in the shares; provided, however, that the Employee shall not be entitled to vote the shares with respect to record dates for such voting rights arising prior to the Grant DateDate specified in the Prior Agreement, or with respect to record dates occurring on or after the date, if any, on which the Employee has forfeited the Restricted Shares.
Appears in 1 contract
Samples: Restricted Share Agreement (Corporate Office Properties Trust)
Dividends and Voting Rights. The Employee shall be entitled to receive any dividends paid with respect to shares of Restricted Shares that become payable during the Restricted Period; provided however, that no dividends shall be payable to or for the benefit of the Employee with respect to record dates occurring prior to the Grant DateDate specified in the Prior Agreements, or with respect to record dates occurring on or after the date, if any, on which the Employee has forfeited the Restricted Shares. The Employee shall be entitled to vote the Restricted Shares during the Restricted Period to the same extent as would have been applicable to the Employee if the Employee was then vested in the shares; provided, however, that the Employee shall not be entitled to vote the shares with respect to record dates for such voting rights arising prior to the Grant DateDate specified in the Prior Agreements, or with respect to record dates occurring on or after the date, if any, on which the Employee has forfeited the Restricted Shares.
Appears in 1 contract
Samples: Restricted Share Agreement (Corporate Office Properties Trust)