Common use of Limited Interest Clause in Contracts

Limited Interest. (a) The grant of the Performance Stock Units will not be construed as giving the Participant any interest other than as provided in this Agreement. The Participant will have no rights as a shareholder as a result of the grant or vesting of the Performance Stock Units unless and until shares of Stock are issued in settlement of the Final Award.

Appears in 9 contracts

Samples: Performance Stock Unit Grant Agreement (Visteon Corp), Performance Stock Unit Grant Agreement (Visteon Corp), Performance Stock Unit Grant Agreement (Visteon Corp)

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Limited Interest. (a) a. The grant of the Performance Stock Units will shall not be construed as giving the Participant any interest other than as provided in this Agreement. The Participant will shall have no rights as a shareholder as a result of the grant or vesting of the Performance Stock Units unless and until shares of Stock common stock of the Company are issued in settlement of the a Final Award.

Appears in 2 contracts

Samples: Terms and Conditions of Performance Stock Unit Grants (Visteon Corp), Visteon Corp

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Limited Interest. (a) The grant of the Performance Stock Units will not be construed as giving the Participant any interest other than as provided in this Agreement. The Participant will have no voting rights or any other rights as a shareholder as a result of the grant or vesting of the Performance Stock Units unless and until shares of Stock are issued in settlement of the Final Award.

Appears in 1 contract

Samples: Performance Stock Unit Grant Agreement (Visteon Corp)

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