Common use of Nature of Units Clause in Contracts

Nature of Units. The Units granted pursuant to this Award are bookkeeping entries only and do not provide the Participant with any dividend, voting or other rights of a shareholder of the Company. The Units shall remain forfeitable at all times unless and to the extent the vesting conditions set forth in this Agreement are satisfied.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Proto Labs Inc), Restricted Stock Unit Agreement (Proto Labs Inc), Restricted Stock Unit Agreement (Proto Labs Inc)

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Nature of Units. The Units granted pursuant to this Award are bookkeeping entries only and do not provide the Participant you with any dividend, voting or other rights of a shareholder of the Company. The Units shall remain forfeitable at all times unless and to the extent the vesting conditions set forth in this Agreement are satisfied.

Appears in 4 contracts

Samples: Deferred Stock Unit Agreement (Proto Labs Inc), Restricted Stock Unit Agreement (Proto Labs Inc), Deferred Stock Unit Agreement (Proto Labs Inc)

Nature of Units. The Units granted pursuant to this Award are bookkeeping entries only and do not provide the Participant you with any dividend, voting or other rights of a shareholder of the CompanyCompany except as set forth in Section 4. The Units shall remain forfeitable at all times unless and to the extent the vesting conditions set forth in this Agreement are satisfied.

Appears in 1 contract

Samples: Deferred Stock Unit Agreement (SPS Commerce Inc)

Nature of Units. The Except as provided for in this Agreement, the Units granted pursuant to this Award are bookkeeping entries only and do not provide the Participant with any dividend, voting or other rights of a shareholder of the Company. The Units shall remain forfeitable at all times unless and to the extent the vesting conditions set forth in this Agreement are satisfied.. 

Appears in 1 contract

Samples: Stock Unit Agreement (Century Casinos Inc /Co/)

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Nature of Units. The Except as provided for in this Agreement, the Units granted pursuant to this Award are bookkeeping entries only and do not provide the Participant with any dividend, voting or other rights of a shareholder of the Company. The Units shall remain forfeitable at all times unless and to the extent the vesting conditions set forth in this Agreement are satisfied.

Appears in 1 contract

Samples: Stock Unit Agreement

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