No Rights of a Stockholder. The Executive shall not have any rights as a stockholder of the Company with respect to any Shares until the Shares have been issued. Once a PRSU vests and a Share is issued to the Executive pursuant to Section 3, such PRSU is no longer considered a PRSU for purposes of this Agreement.
Appears in 8 contracts
Samples: Employment Agreement (Sirius Xm Holdings Inc.), Employment Agreement (Sirius Xm Holdings Inc.), Employment Agreement (Sirius Xm Holdings Inc.)
No Rights of a Stockholder. The Executive shall not have any rights as a stockholder of the Company with respect to any Shares until the Shares have been issued. Once a PRSU vests and a Share is issued to the Executive pursuant to Section 3Sections 4 and 5, such PRSU is no longer considered a PRSU for purposes of this Agreement.
Appears in 5 contracts
Samples: Employment Agreement (Sirius Xm Holdings Inc.), Employment Agreement (Sirius Xm Holdings Inc.), Employment Agreement (Sirius Xm Holdings Inc.)
No Rights of a Stockholder. The Executive shall not have any rights as a stockholder of the Company with respect to any Shares until the Shares have been issued. Once a PRSU vests and a Share is issued to the Executive pursuant to Section 3Sections 3 and 4, such PRSU is no longer considered a PRSU for purposes of this Agreement.
Appears in 5 contracts
Samples: Employment Agreement (Sirius Xm Holdings Inc.), Employment Agreement (Sirius Xm Holdings Inc.), Employment Agreement (Sirius Xm Holdings Inc.)
No Rights of a Stockholder. The Executive shall not have any rights as a stockholder of the Company with respect to any Shares until the Shares have been issued. Once a PRSU vests and a Share is issued to the Executive pursuant to Section 34, such PRSU is no longer considered a PRSU for purposes of this Agreement.
Appears in 3 contracts
Samples: Employment Agreement (Sirius Xm Holdings Inc.), Employment Agreement (Sirius Xm Holdings Inc.), Employment Agreement (Sirius Xm Holdings Inc.)
No Rights of a Stockholder. The Executive shall not have any rights as a stockholder of the Company with respect to any Shares until the Shares have been issued. Once a PRSU vests and a Share is issued to the Executive Employee pursuant to Section 34, such PRSU is no longer considered a PRSU for purposes of this Agreement.
Appears in 3 contracts
Samples: Employment Agreement (Sirius Xm Holdings Inc.), Employment Agreement (Sirius Xm Holdings Inc.), Employment Agreement (Sirius Xm Holdings Inc.)
No Rights of a Stockholder. The Executive Employee shall not have any rights as a stockholder of the Company with respect to any Shares until the Shares have been issued. Once a For purposes of clarity, once an PRSU vests and a Share is issued to the Executive Employee pursuant to Section 3, such PRSU is no longer considered a an PRSU for purposes of this Agreement.
Appears in 1 contract
Samples: Performance Based Restricted Stock Unit Agreement (Sirius Xm Holdings Inc.)
No Rights of a Stockholder. The Executive shall not have any rights as a stockholder of the Company with respect to any Shares until the Shares have been issued. Once a PRSU vests and a Share is issued to the Executive pursuant to Section 3, such PRSU is no longer considered a PRSU for purposes of this Agreement.
Appears in 1 contract
