Common use of Ownership of Restricted Shares Clause in Contracts

Ownership of Restricted Shares. Subject to the terms, conditions and restrictions set forth in this Agreement, from and after the time the Restricted Shares are issued in your name, you will be entitled to all the rights of absolute ownership of the Restricted Shares, including the right to vote those shares and the right to receive dividends thereon; provided, however, that any dividends paid by the Company with respect to the Restricted Shares prior to the expiration of the Forfeiture Restrictions shall be held in escrow by the Company and paid to you, if at all, at the time the Forfeiture Restrictions expire on the Restricted Share for which the dividend accrued; provided, further, that in no event shall dividends be settled later than 45 days following the date on which the Forfeiture Restrictions expire with respect to the Restricted Share for which the dividends were accrued. For purposes of clarity, if the Restricted Shares are forfeited by you pursuant to the terms of this Agreement then you shall also forfeit the dividends, if any, accrued with respect to such forfeited Restricted Shares. No interest will accrue on the dividends between the declaration and settlement of the dividends.

Ownership of Restricted Shares. Subject to the terms, conditions and restrictions set forth in this Agreement, from From and after the time Date of Grant and subject to the Restricted Shares are issued in your nameterms of this Agreement, you will be entitled to all the rights of absolute ownership of the Restricted SharesStock granted under this Agreement, including the right to vote those shares and the right to receive dividends thereonshares; provided, however, that any dividends paid by the Company with respect to the Restricted Shares Stock prior to the expiration of the Forfeiture Restrictions (as defined below) shall be held in escrow by the Company and paid to you, if at all, at the time the Forfeiture Restrictions expire on the Restricted Share Stock for which the dividend accrued; provided, further, that in no event shall dividends be settled later than 45 days following the date on which the Forfeiture Restrictions expire with respect to the Restricted Share Stock for which the dividends were accrued. For purposes of clarity, if the Restricted Shares are Stock is forfeited by you pursuant to the terms of this Agreement then you shall also forfeit the dividends, if any, accrued with respect to such forfeited Restricted SharesStock. No interest will accrue on the dividends between the declaration and settlement of the dividends.

Ownership of Restricted Shares. Subject to the terms, conditions and restrictions set forth in this Agreement, from and after the time the Restricted Shares are issued in your name, you will be entitled to all the rights of absolute ownership of the Restricted Shares, including the right to vote those shares and the right to receive dividends thereon; provided, however, that any dividends paid by the Company with respect to the Restricted Shares prior to the expiration of the Forfeiture Restrictions shall be held in escrow by the Company and paid to you, if at all, at the time the Forfeiture Restrictions expire on the Restricted Share for which the dividend accrued; provided, further, that in no event shall dividends be settled later than 45 74 days following the date on which the Forfeiture Restrictions expire with respect to the Restricted Share for which the dividends were accrued. For purposes of clarity, if the Restricted Shares are forfeited by you pursuant to the terms of this Agreement then you shall also forfeit the dividends, if any, accrued with respect to such forfeited Restricted Shares. No interest will accrue on the dividends between the declaration and settlement of the dividends.