Grantee’s Rights. The Grantee shall be paid dividend equivalent payments by the Company with respect to RSUs at the same time as dividends are paid to holders of the Company’s common stock. The Grantee shall have no voting rights as a result of the grant of RSUs. [
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (Anchor Bancorp), Restricted Stock Unit Award Agreement (First Northwest Bancorp)
Grantee’s Rights. The Grantee shall be paid dividend equivalent payments by the Company with respect to RSUs at the same time as dividends are paid to holders of the Company’s 's common stock. The Grantee shall have no voting rights as a result of the grant of RSUs. [The Company's obligation to issue Shares is an unfunded and unsecured promise of the Company, and the rights of the Grantee hereunder are no greater than those of an unsecured general creditor. No assets of the Company will be held or set aside as security for the obligations of the Company under this Agreement.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Riverview Bancorp Inc)
Grantee’s Rights. The Grantee shall be paid dividend equivalent payments by the Company with respect to RSUs at the same time as dividends are paid to holders of the Company’s 's common stock. The Grantee shall have no voting rights as a result of the grant of RSUs. [
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (First Financial Northwest, Inc.)
Grantee’s Rights. The Grantee shall be paid dividend equivalent payments by the Company Corporation with respect to RSUs at the same time as dividends are paid to holders of the CompanyCorporation’s common stock. The Grantee shall have no voting rights as a result of the grant of RSUs. [Alternatively, the Grantee shall have no shareholder voting rights and shall not be entitled to receive shareholder dividends or dividend equivalents and other distributions with respect to the RSUs. The Grantee will receive these rights only
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Banner Corp)