No Ownership of Shares until Vesting. At all times until Shares are actually issued to you upon vesting, the Award remains an unfunded, unsecured promise to deliver Shares in the future. Ownership of the Shares relating to Performance Share Units will not pass to you until such vesting.
Appears in 3 contracts
Samples: Performance Share Unit Agreement (Mettler Toledo International Inc/), Performance Share Unit Agreement (Mettler Toledo International Inc/), Performance Share Unit Agreement (Mettler Toledo International Inc/)
No Ownership of Shares until Vesting. At all times until Shares are actually issued to you transferred upon vestingvesting in the manner provided in Sections 3 or 5 hereof or any Grant Notice, the Award remains an unfunded, unsecured promise to deliver Shares shares in the future. Ownership of the Shares relating to Performance Share Stock Units will not pass to you Grantee until such vesting.
Appears in 1 contract
Samples: Stock Unit Master Agreement (Mettler Toledo International Inc/)
