Common use of No Voting Rights/Dividends Clause in Contracts

No Voting Rights/Dividends. The Award shall not be interpreted to bestow upon the Employee any equity interest or ownership in the Company or any Affiliate prior to the Payment Date. The Employee is not entitled to vote any Common Stock by reason of the granting of this Award (whether or not Earned) or to receive or be credited with any dividends declared and payable on any Common Stock underlying any Award (whether or not Earned) prior to any Payment Date.

Appears in 5 contracts

Samples: Performance Based Restricted Stock Units Agreement (Xerium Technologies Inc), Restricted Stock Units Agreement (Xerium Technologies Inc), Performance Based Restricted Stock Units Agreement (Xerium Technologies Inc)

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No Voting Rights/Dividends. The Award shall not be interpreted to bestow upon the Employee any equity interest or ownership in the Company or any Affiliate Group prior to the Payment Date. The Employee is not entitled to vote any Common Stock by reason of the granting of this Award (whether or not Earned) or to receive or be credited with any dividends declared and payable on any Common Stock underlying any Award (whether or not Earned) prior to any Payment Date.

Appears in 3 contracts

Samples: Restricted Stock Units Agreement (Sapient Corp), Restricted Stock Units Agreement (Sapient Corp), Restricted Stock Units Agreement (Sapient Corp)

No Voting Rights/Dividends. The Award shall not be interpreted to bestow upon the Employee any equity interest or ownership in the Company or any Affiliate Group prior to the Payment Date. The Employee is not entitled to vote any Common Stock by reason of the granting of this Award (whether or not Earned) or to receive or be credited with any dividends declared and payable on any Common Stock underlying any Award (whether or not Earned) prior to any Payment Date.

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (Sapient Corp), Restricted Stock Units Agreement (Sapient Corp)

No Voting Rights/Dividends. The Award shall not be interpreted to bestow upon the Employee Participant any equity interest or ownership in the Company or any Affiliate prior to the Payment Datedate on which the Company delivers to the Participant shares of Common Stock. The Employee Participant is not entitled to vote any Common Stock by reason of the granting of this the Award (whether or not Earned) or to receive or be credited with any dividends declared and payable on any share of Common Stock underlying any the Award (whether or not Earned) prior to any Payment Datethe payment date with respect to such share.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Bioverativ Inc.), Restricted Stock Unit Award Agreement (Bioverativ Inc.)

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No Voting Rights/Dividends. The Award shall not be interpreted to bestow upon the Employee Participant any equity interest or ownership in the Company or any Affiliate prior to the Payment Datedate on which the Company delivers to the Participant shares of Common Stock. The Employee Participant is not entitled to vote any Common Stock by reason of the granting of this Award (whether or not Earned) or to receive or be credited with any dividends declared and payable on any share of Common Stock underlying any this Award (whether or not Earned) prior to any Payment Datethe payment date with respect to such share.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Biogen Idec Inc.)

No Voting Rights/Dividends. The Award shall not be interpreted to bestow upon the Employee any equity interest or ownership in the Company or any Affiliate prior to the Payment Date. The Employee is not entitled to vote any Common Stock stock by reason of the granting of this Award (whether or not Earned) or to receive or be credited with any dividends declared and payable on any Common Stock underlying any Award (whether or not Earned) prior to any Payment Date.

Appears in 1 contract

Samples: Shareholder Agreements (Zuma360 Software Inc)

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