Common use of Limitations on Rights Associated with Units Clause in Contracts

Limitations on Rights Associated with Units. The Grantee shall have no rights as a shareholder of the Corporation, no dividend rights (except as expressly provided in Section 4(b)) and no voting rights, with respect to the Share Units and any Common Shares underlying or issuable in respect of such Share Units until such Common Shares are actually issued to and held of record by the Grantee. No adjustments will be made for dividends or other rights of a holder for which the record date is prior to the date of issuance of the share certificate.

Appears in 2 contracts

Samples: Restricted Share Unit Award Agreement (Lions Gate Entertainment Corp /Cn/), Performance Share Unit Award Agreement (Lions Gate Entertainment Corp /Cn/)

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Limitations on Rights Associated with Units. The Grantee shall have no rights as a shareholder stockholder of the Corporation, no dividend rights (except as expressly provided in Section 4(b)) with respect to Dividend Equivalent Rights) and no voting rights, with respect to the Share Stock Units and any shares of Common Shares Stock underlying or issuable in respect of such Share Stock Units until such shares of Common Shares Stock are actually issued to and held of record by the Grantee. No adjustments will be made for dividends or other rights of a holder for which the record date is prior to the date of issuance of the share certificatesuch shares.

Appears in 1 contract

Samples: Non Plan Stock Unit Award Agreement (Umami Sustainable Seafood Inc.)

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Limitations on Rights Associated with Units. The Grantee shall have no rights as a shareholder of the CorporationCompany, no dividend rights (except as expressly provided in Section 4(b)5(b) with respect to Dividend Equivalent Rights) and no voting rights, with respect to the Share Stock Units and any shares of Common Shares Stock underlying or issuable in respect of such Share Stock Units until such shares of Common Shares Stock are actually issued to and held of record by the Grantee. No adjustments will be made for dividends or other rights of a holder for which the record date is prior to the date of issuance of the share certificatesuch shares.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Guess Inc)

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