No Rights of Shareholder. Until the Performance Objective is met, the performance stock award grant shall not entitle the Employee any rights of a shareholder, including the right to receive dividends or to vote the Shares. In the event that the Performance Objective is met, the Shares of the Company shall be issued to the Employee whose performance stock award has not been forfeited, and a certificate representing the Shares shall be delivered to the Employee.
Appears in 7 contracts
Samples: Performance Stock Award Grant Agreement (Twin Disc Inc), Performance Stock Award Grant Agreement (Twin Disc Inc), Performance Stock Award Grant Agreement (Twin Disc Inc)
