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 RSU vests and a Share is issued to the Executive pursuant to Section 3, such RSU is no longer considered a RSU for purposes of this Agreement.
Appears in 4 contracts
Samples: Employment Agreement (Sirius Xm Holdings Inc.), Employment Agreement (Sirius Xm Holdings Inc.), 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 issuedregistered in the Company’s register of stockholders. Once a For purposes of clarity, once an RSU vests and a Share is issued to the Executive pursuant to Section 3this Agreement, such RSU is no longer considered a an RSU for purposes of this Agreement.
Appears in 2 contracts
Samples: Stock Option Agreement (Sirius Xm Holdings Inc.), 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 RSU vests and a Share is issued to the Executive pursuant to Section 3, such RSU is no longer considered a RSU for purposes of this Agreement. 5 Vesting schedule to be confirmed.
Appears in 1 contract
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 issuedregistered in the Company’s register of stockholders. Once a For purposes of clarity, once an RSU vests and a Share is issued to the Executive pursuant to Section 34, such RSU is no longer considered a an RSU for purposes of this Agreement.
Appears in 1 contract
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 RSU vests and a Share is issued to the Executive Employee pursuant to Section 3, such RSU is no longer considered a an RSU for purposes of this Agreement.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Sirius Xm Holdings Inc.)
