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

Limitations on Rights Associated with Units. The RSUs are bookkeeping entries only. The Grantee shall have no rights as a stockholder of the Company, no dividend rights and no voting rights with respect to the RSUs.

Appears in 9 contracts

Samples: Performance Restricted Stock Unit Award Agreement (Yahoo Inc), Restricted Stock Unit Award Agreement (Yahoo Inc), Restricted Stock Unit Award Agreement (Yahoo Inc)

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Limitations on Rights Associated with Units. The RSUs are bookkeeping entries only. The Grantee shall not have no rights as any privileges of a stockholder shareholder of the Company, no dividend rights and no voting rights Company with respect to the RSUs awarded hereunder, including without limitation any right to vote shares of Common Stock underlying the RSUs or to receive dividends or other distributions in respect thereof (except for the dividend equivalent rights provided in Section 2(g) hereof), until the date of the issuance to the Grantee of a share of Common Stock in payment of the RSUs.

Appears in 6 contracts

Samples: Performance Restricted Stock Unit (American Equity Investment Life Holding Co), Restricted Stock Unit (American Equity Investment Life Holding Co), Restricted Stock Unit (American Equity Investment Life Holding Co)

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Limitations on Rights Associated with Units. The RSUs are bookkeeping entries only. The Grantee shall have no rights as a stockholder of the Company, no dividend rights (except as expressly provided in Section 2(d) with respect to dividend equivalent rights) and no voting rights with respect to the RSUs.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Yahoo Inc), Restricted Stock Unit Award Agreement (Yahoo Inc), Restricted Stock Unit Award Agreement (Yahoo Inc)

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