Common use of Grantee’s Rights Clause in Contracts

Grantee’s Rights. The Grantee shall have no voting rights, no right to receive any dividends (or dividend equivalents) and no other rights of a stockholder with respect to the shares of Common Stock underlying the RSUs unless and until such shares of Common Stock are issued to the Grantee in payment of the RSUs.

Appears in 6 contracts

Samples: Employment Agreement, Employment Agreement (Banc of California, Inc.), Restricted Stock Unit Agreement (Banc of California, Inc.)

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Grantee’s Rights. The With respect to the RSUs the Grantee shall not have no voting rightsany rights of a stockholder, no including, but not limited to, the right to receive any dividends (or dividend equivalents) and no other rights of a stockholder with respect to paid on the shares of Company’s Common Stock underlying and the RSUs unless and until right to vote such shares of Common Stock are Shares related to RSUs, prior to Shares being issued to the Grantee in payment of the RSUsGrantee.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Centrue Financial Corp)

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