Memorandum Account. The Participant's Award of Restricted Stock Units shall be recorded in a memorandum account. The Participant shall have no beneficial ownership interest in the Common Stock of the Corporation represented by the Restricted Stock Units awarded and no right to receive a certificate representing such shares of Common Stock. The Participant shall have no right to vote the Common Stock represented by the Restricted Stock Units awarded or to receive dividends.
Appears in 12 contracts
Samples: 2010 Award Agreement for Outside Directors (Norfolk Southern Corp), Agreement (Norfolk Southern Corp), Award Agreement (Norfolk Southern Corp)
