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 6, the Participant shall not have any rights, benefits or entitlements with respect to any Shares subject to this Agreement unless and until the Shares have been delivered to the Participant. On or after delivery of the Shares, the Participant shall have, with respect to the Shares delivered, all of the rights of a shareholder of the Company, including the right to vote the Shares and the right to receive all dividends, if any, as may be declared on the Shares from time to time.

Appears in 17 contracts

Samples: Restricted Stock Unit Grant Agreement (World Fuel Services Corp), Performance Based Restricted Stock Unit Grant Agreement (World Fuel Services Corp), Restricted Stock Unit Grant Agreement (World Fuel Services Corp)

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No Rights as Shareholder until Delivery. Except as otherwise provided in this Section 65, the Participant shall not have any rights, benefits or entitlements with respect to any Shares subject to this Agreement unless and until the Shares have been delivered to the Participant. On or after delivery of the Shares, the Participant shall have, with respect to the Shares delivered, all of the rights of a shareholder of the Company, including the right to vote the Shares and the right to receive all dividends, if any, as may be declared on the Shares from time to timeShares.

Appears in 4 contracts

Samples: Restricted Stock Units Grant Agreement (World Fuel Services Corp), Restricted Stock Units Grant Agreement (World Fuel Services Corp), Restricted Stock Units Grant Agreement (World Fuel Services Corp)

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No Rights as Shareholder until Delivery. Except as otherwise provided in this Section 65, the Participant shall not have any rights, benefits or entitlements with respect to any Shares subject to this Agreement unless and until the Shares have been delivered to the Participant. On or after delivery of the Shares, the Participant shall have, with respect to the Shares delivered, all of the rights of a shareholder of the Company, including the right to vote the Shares and the right to receive all dividends, if any, as may be declared on the Shares from time to time.

Appears in 1 contract

Samples: Restricted Stock Units Grant Agreement (World Fuel Services Corp)

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