Common use of No Rights as Shareholder until Delivery Clause in Contracts

No Rights as Shareholder until Delivery. Except as otherwise provided in this Section 5, the Recipient shall not have any rights, benefits or entitlements with respect to the Shares corresponding to the RSUs unless and until those Shares are delivered to the Recipient (and thus shall have no voting rights, or rights to receive any dividend declared, before those Shares are so delivered). On or after delivery, the Recipient shall have, with respect to the Shares delivered, all of the rights of a holder of Shares granted pursuant to the articles of incorporation and other governing instruments of the Company, or as otherwise available at law.

Appears in 18 contracts

Samples: Restricted Stock Unit Agreement (Quest Resource Holding Corp), Restricted Stock Unit Agreement (Quest Resource Holding Corp), Restricted Stock Units Agreement (Mastec Inc)

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No Rights as Shareholder until Delivery. Except as otherwise provided in this Section 5, the Recipient shall not have any rights, benefits or entitlements with respect to the Shares corresponding to the RSUs unless and until those Shares are delivered to the Recipient (and thus shall have no voting rights, or rights to receive any dividend declared, before those Shares are so delivered). On or after delivery, the Recipient shall have, with respect to the Shares delivered, all of the rights of a holder of Shares granted pursuant to the articles of incorporation and other governing instruments of the Company, or as otherwise available at law.

Appears in 5 contracts

Samples: Lifepoint Health, Inc., Lifepoint Health, Inc., Lifepoint Health, Inc.

No Rights as Shareholder until Delivery. Except as otherwise provided in this Section 54, the Recipient Participant shall not have any rights, benefits or entitlements with respect to the Shares corresponding to the RSUs unless and until those Shares are delivered to the Recipient Participant (and thus shall have no voting rights, or rights to receive any dividend declared, before those Shares are so delivered). On or after delivery, the Recipient Participant shall have, with respect to the Shares delivered, all of the rights of a holder of Shares granted pursuant to the articles of incorporation and other governing instruments of the Company, or as otherwise available at law.

Appears in 4 contracts

Samples: Employment Agreement (Destination Xl Group, Inc.), Destination Xl Group, Inc., Destination Xl Group, Inc.

No Rights as Shareholder until Delivery. Except as otherwise provided in this Section 5, the Recipient Participant shall not have any rights, benefits or entitlements with respect to the Shares corresponding to the RSUs unless and until those Shares are delivered to the Recipient Participant (and thus shall have no voting rights, or rights to receive any dividend declared, before those Shares are so delivered). On or after delivery, the Recipient Participant shall have, with respect to the Shares delivered, all of the rights of a holder of Shares granted pursuant to the articles of incorporation and other governing instruments of the Company, or as otherwise available at law.

Appears in 2 contracts

Samples: Destination Xl Group, Inc., Destination Xl Group, Inc.

No Rights as Shareholder until Delivery. Except as otherwise provided in this Section 55 or the Plan, the Recipient shall not have any rights, benefits or entitlements with respect to the Shares corresponding to the RSUs unless and until those Shares are delivered to the Recipient (and thus shall have no voting rights, or rights to receive any dividend declared, before those Shares are so delivered)Recipient. On or after delivery, the Recipient shall have, with respect to the Shares delivered, all of the rights of a holder of Shares granted pursuant to the articles of incorporation and other governing instruments of the Company, or as otherwise available at law.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (APi Group Corp), Restricted Stock Unit Agreement (APi Group Corp)

No Rights as Shareholder until Delivery. Except as otherwise provided in this Section 5, the Recipient shall not have any rights, benefits or entitlements with respect to the Shares corresponding to the RSUs DSUs unless and until those Shares are delivered to the Recipient (and thus shall have no voting rights, or rights to receive any dividend declared, before those Shares are so delivered). On or after delivery, the Recipient shall have, with respect to the Shares delivered, all of the rights of a holder of Shares granted pursuant to the articles of incorporation and other governing instruments of the Company, or as otherwise available at law.

Appears in 2 contracts

Samples: Deferred Stock Unit Agreement (Quest Resource Holding Corp), Unit Agreement (Quest Resource Holding Corp)

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No Rights as Shareholder until Delivery. Except as otherwise provided in this Section 5, the Recipient shall not have any rights, benefits or entitlements with respect to the Shares corresponding to the RSUs Restricted Stock Units unless and until those Shares are delivered to the Recipient (and thus shall have no voting rights, or rights to receive any dividend declared, before those Shares are so delivered). On or after delivery, the Recipient shall have, with respect to the Shares delivered, all of the rights of a holder of Shares granted pursuant to the articles of incorporation and other governing instruments of the Company, or as otherwise available at law.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Vocus, Inc.)

No Rights as Shareholder until Delivery. Except as otherwise provided in this Section 5, the Recipient shall not have any rights, benefits or entitlements with respect to the Shares corresponding to the RSUs unless and until those Shares are delivered to the Recipient (and thus shall have no voting rights, or rights to receive any dividend declared, before those Shares are so delivered)except as may otherwise be provided in the Plan. On or after delivery, the Recipient shall have, with respect to the Shares delivered, all of the rights of a holder of Shares granted pursuant to the articles of incorporation and other governing instruments of the CompanyCorporation, or as otherwise available at law.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (VBI Vaccines Inc/Bc)

No Rights as Shareholder until Delivery. Except as otherwise provided in this Section 55 or the Plan, the Recipient shall not have any rights, benefits or entitlements with respect to the Shares corresponding to the RSUs PSUs unless and until those Shares are delivered to the Recipient (and thus shall have no voting rights, or rights to receive any dividend declared, before those Shares are so delivered). On or after delivery, the Recipient shall have, with respect to the Shares delivered, all of the rights of a holder of Shares granted pursuant to the articles of incorporation and other governing instruments of the Company, or as otherwise available at law.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (APi Group Corp)

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