Common use of No Ownership Clause in Contracts

No Ownership. The Grantee shall not possess any incidents of ownership (including, without limitation, dividend and voting rights) in shares of the Common Stock in respect of the RSUs until such RSUs have vested and been distributed to the Grantee in the form of shares of Common Stock.

Appears in 9 contracts

Samples: Restricted Stock Unit Agreement (Hexcel Corp /De/), Restricted Stock Unit Agreement (Hexcel Corp /De/), Restricted Stock Unit Agreement (Hexcel Corp /De/)

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No Ownership. The Grantee shall not possess any incidents of ownership (including, without limitation, dividend and voting rights) in shares of the Common Company Stock in respect of the RSUs until such RSUs have vested been converted into shares of Company Stock and such shares have been distributed to the Grantee in the form of shares of Common Company Stock.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Unifi Inc), Restricted Stock Unit Agreement (Unifi Inc), Restricted Stock Unit Agreement (Unifi Inc)

No Ownership. The Grantee shall not possess any incidents of ownership (including, without limitation, dividend and voting rights) in shares of the Common Company Stock in respect of the RSUs until such RSUs have vested and been distributed to the Grantee in the form of shares of Common StockRSUs.

Appears in 2 contracts

Samples: Cash Settled Restricted Stock Unit Agreement (Unifi Inc), Restricted Stock Unit Agreement (Unifi Inc)

No Ownership. The Grantee shall not possess any incidents of ownership (including, without limitation, dividend and voting rights) in shares of the Common Company Stock in respect of the RSUs until such RSUs have vested been converted into shares of Company Stock and such shares have been distributed to the Grantee in the form of shares of Common StockGrantee.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Unifi Inc), Restricted Stock Unit Agreement (Unifi Inc)

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No Ownership. The Grantee shall not possess any incidents of ownership (including, without limitation, dividend and voting rights) in shares of the Common Stock in respect of the RSUs until such RSUs have vested and been distributed to the Grantee in the form of shares of Common Stock.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Unifi Inc), Restricted Stock Unit Agreement (Unifi Inc)

No Ownership. The Grantee shall not possess have any incidents rights of ownership (including, without limitation, dividend and voting rights) in shares of the Common Company Stock in with respect of to the RSUs until such RSUs have vested and shares of Company Stock have been distributed to the Grantee in under the form of shares of Common StockRSUs.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Hooker Furniture Corp)

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