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 stockholder of the Corporation, no dividend rights (except as expressly provided in Section 2(b) below with respect to dividend equivalent rights) and no voting rights, with respect to the Performance Units and any shares of Common Stock underlying such Performance Units.

Appears in 2 contracts

Samples: Performance Stock (Semtech Corp), Performance Stock (Semtech Corp)

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Limitations on Rights Associated with Units. The Grantee shall have no rights as a stockholder of the Corporation, no dividend rights (except as expressly provided in Section 2(b) below with respect to dividend equivalent rights) and no voting rights, with respect to the Performance Stock Units and any shares of Common Stock underlying such Performance Stock Units.

Appears in 2 contracts

Samples: Restricted Stock (Semtech Corp), Restricted Stock (Semtech Corp)

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