Common use of Dividends; Rights as Stockholder Clause in Contracts

Dividends; Rights as Stockholder. Cash dividends on Shares issuable hereunder shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU granted to the Participant, provided that such cash dividends shall not be deemed to be reinvested in shares of Common Stock and shall be held uninvested and without interest, subject to the same vesting requirements as the related RSUs, and paid in cash if and at the same time that the Shares underlying the RSUs to which the dividends relate are delivered to the Participant in accordance with the provisions hereof. Stock dividends on Shares shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU granted to the Participant, provided that such stock dividends shall be paid in Shares if and at the same time that the Shares underlying the RSUs to which the dividends relate are delivered to the Participant in accordance with the provisions hereof. Except as otherwise provided herein, the Participant shall have no rights as a stockholder with respect to any Shares covered by any RSU unless and until the Participant has become the holder of record of such Shares.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (GreenSky, Inc.), Restricted Stock Unit Agreement (GreenSky, Inc.)

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Dividends; Rights as Stockholder. Cash dividends on Shares shares of Common Stock issuable hereunder shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU granted to the Participant, provided that such cash dividends shall not be deemed to be reinvested in shares of Common Stock and shall be held uninvested and without interest, subject to the same vesting requirements as the related RSUs, interest and paid in cash if and at the same time that the Shares shares of Common Stock (or cash payments, if applicable) underlying the RSUs to which the dividends relate are delivered to the Participant in accordance with the provisions hereof. Stock dividends on Shares shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU granted to the Participant, provided provided, that such stock dividends shall be paid in Shares if and shares of Common Stock at the same time that the Shares shares of Common Stock underlying the RSUs to which the dividends relate are delivered to the Participant in accordance with the provisions hereof. Except as otherwise provided herein, the Participant shall have no rights as a stockholder with respect to any Shares shares of Common Stock covered by any RSU unless and until the Participant has become the holder of record of such Sharesshares.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (loanDepot, Inc.)

Dividends; Rights as Stockholder. Cash dividends on Shares shares of Common Stock issuable hereunder shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU granted to the Participant, provided that such cash dividends shall not be deemed to be reinvested in shares of Common Stock and shall be held uninvested and without interest, subject to the same vesting requirements as the related RSUs, interest and paid in cash if and at the same time that the Shares shares of Common Stock (or cash payments, if applicable) underlying the RSUs to which the dividends relate are delivered to the Participant in accordance with the provisions hereof. Stock dividends on Shares shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU granted to the Participant, provided that such stock dividends shall be paid in Shares if and shares of Common Stock at the same time that the Shares shares of Common Stock underlying the RSUs to which the dividends relate are delivered to the Participant in accordance with the provisions hereof. Except as otherwise provided herein, the Participant shall have no rights as a stockholder with respect to any Shares shares of Common Stock covered by any RSU unless and until the Participant has become the holder of record of such Sharesshares.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (loanDepot, Inc.)

Dividends; Rights as Stockholder. Cash Xxxx dividends on Shares shares of Common Stock issuable hereunder shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU PSU granted to the Participant, provided that such cash dividends shall not be deemed to be reinvested in shares of Common Stock and shall be held uninvested and without interest, subject to the same vesting requirements as the related RSUs, interest and paid in cash if and at the same time that the Shares shares of Common Stock (or cash payments, if applicable) underlying the RSUs to which the dividends relate PSUs are delivered to the Participant in accordance with the provisions hereof. Stock dividends on Shares shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU PSU granted to the Participant, provided provided, that such stock dividends shall be paid in Shares if and shares of Common Stock at the same time that the Shares shares of Common Stock underlying the RSUs to which the dividends relate PSUs are delivered to the Participant in accordance with the provisions hereof. Except as otherwise provided herein, the Participant shall have no rights as a stockholder with respect to any Shares shares of Common Stock covered by any RSU PSU unless and until the Participant has become the holder of record of such Sharesshares.

Appears in 1 contract

Samples: Performance Share Unit Award Agreement (loanDepot, Inc.)

Dividends; Rights as Stockholder. Cash Xxxx dividends on Shares shares of Common Stock issuable hereunder shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU granted to the Participant, provided that such cash dividends shall not be deemed to be reinvested in shares of Common Stock and shall be held uninvested and without interest, subject to the same vesting requirements as the related RSUs, interest and paid in cash if and at the same time that the Shares shares of Common Stock (or cash payments, if applicable) underlying the RSUs to which the dividends relate are delivered to the Participant in accordance with the provisions hereof. Stock dividends on Shares shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU granted to the Participant; provided, provided that such stock dividends shall be paid in Shares if and shares of Common Stock at the same time that the Shares shares of Common Stock underlying the RSUs to which the dividends relate are delivered to the Participant in accordance with the provisions hereof. Except as otherwise provided herein, the Participant shall have no rights as a stockholder with respect to any Shares shares of Common Stock covered by any RSU unless and until the Participant has become the holder of record of such Sharesshares.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (loanDepot, Inc.)

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Dividends; Rights as Stockholder. Cash dividends on Shares shares of Common Stock issuable hereunder shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU PSU granted to the Participant, provided that such cash dividends shall not be deemed to be reinvested in shares of Common Stock and shall be held uninvested and without interest, subject to the same vesting requirements as the related RSUs, interest and paid in cash if and at the same time that the Shares shares of Common Stock (or cash payments, if applicable) underlying the RSUs to which the dividends relate PSUs are delivered to the Participant in accordance with the provisions hereof. Stock dividends on Shares shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU PSU granted to the Participant, provided provided, that such stock dividends shall be paid in Shares if and shares of Common Stock at the same time that the Shares shares of Common Stock underlying the RSUs to which the dividends relate PSUs are delivered to the Participant in accordance with the provisions hereof. Except as otherwise provided herein, the Participant shall have no rights as a stockholder with respect to any Shares shares of Common Stock covered by any RSU PSU unless and until the Participant has become the holder of record of such Shares.shares

Appears in 1 contract

Samples: Performance Award Agreement (loanDepot, Inc.)

Dividends; Rights as Stockholder. Cash dividends on Shares shares of Common Stock issuable hereunder shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU PSU granted to the Participant, provided that such cash dividends shall not be deemed to be reinvested in shares of Common Stock and shall be held uninvested and without interest, subject to the same vesting requirements as the related RSUs, interest and paid in cash if and at the same time that the Shares shares of Common Stock underlying the RSUs to which the dividends relate Vested PSUs (if any) are delivered to the Participant in accordance with the provisions hereof. Stock dividends on Shares shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU PSU granted to the Participant, provided that such stock dividends shall be paid in Shares if and shares of Common Stock at the same time that the Shares shares of Common Stock underlying the RSUs to which the dividends relate Vested PSUs (if any) are delivered to the Participant in accordance with the provisions hereof. Except as otherwise provided herein, the Participant shall have no rights as a stockholder with respect to any Shares shares of Common Stock covered by any RSU PSU unless and until the Participant has become the holder of record of such Sharesshares.

Appears in 1 contract

Samples: Performance Stock Unit Agreement (BOISE CASCADE Co)

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