Common use of Ownership Rights Clause in Contracts

Ownership Rights. Subject to any reservations, conditions or restrictions set forth in this Award Agreement and/or the Plan, upon grant to Participant of the Restricted Stock, Participant shall be entitled to all voting rights applicable to the Restricted Stock during the Restricted Period. In the event of forfeiture of shares of Restricted Stock, the Participant shall have no further rights with respect to such Restricted Stock.

Appears in 18 contracts

Samples: Restricted Stock Agreement (Flotek Industries Inc/Cn/), Restricted Stock Agreement (Flotek Industries Inc/Cn/), Restricted Stock Agreement (Flotek Industries Inc/Cn/)

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Ownership Rights. Subject to any reservations, conditions or restrictions set forth in this Award Restricted Stock Agreement and/or the Plan, upon grant to Participant of the Restricted Stock, Participant shall be entitled to all voting rights applicable to the Restricted Stock during the Restricted Period, but will not have the right to receive dividends or other distributions. In the event of forfeiture of shares of Restricted Stock, the Participant shall have no further rights with respect to such Restricted Stock.

Appears in 8 contracts

Samples: Consulting Agreement (ZaZa Energy Corp), Consulting Agreement (ZaZa Energy Corp), Restricted Stock Agreement (ZaZa Energy Corp)

Ownership Rights. Subject to any reservations, conditions or restrictions set forth in this Award Restricted Stock Agreement and/or the Plan, upon grant to Participant of the Restricted Stock, Participant shall be entitled to all voting rights applicable to the Restricted Stock and the right to currently receive dividends during the Restricted Restriction Period. In the event of forfeiture of shares of Restricted Stock, the Participant shall have no further rights with respect to such Restricted Stock.

Appears in 5 contracts

Samples: Restricted Stock Agreement (Independent Bank Group, Inc.), Restricted Stock Agreement (Independent Bank Group, Inc.), Restricted Stock Agreement (Independent Bank Group, Inc.)

Ownership Rights. Subject to any reservations, conditions or the restrictions set forth in this Award Agreement and/or and the Plan, upon grant the Participant is entitled to Participant of all voting and ownership rights applicable to the Restricted Stock, including the right to receive any dividends or other distributions that may be paid on the Restricted Stock, regardless of restriction periods with respect to the underlying Restricted Stock. For purposes of clarity, Participant shall be entitled to dividends or other distributions with respect to all voting rights applicable to the Restricted Stock during the Restricted Period. In the event of forfeiture of shares of Restricted StockStock held thereby, the Participant shall have no further rights with respect to such Restricted Stockwhether vested or unvested.

Appears in 5 contracts

Samples: Restricted Stock Award Agreement (Ashford Inc.), Employment Agreement (Ashford Hospitality Trust Inc), Restricted Stock Award Agreement (Ashford Inc.)

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Ownership Rights. Subject to any reservations, conditions or restrictions set forth in this Award Restricted Stock Agreement and/or the Plan, upon grant to Participant of the Restricted Stock, Participant shall be entitled to all voting rights applicable to the Restricted Stock and the right to currently receive dividends during the Restricted Period. In the event of forfeiture of shares of Restricted Stock, the Participant shall have no further rights with respect to such Restricted Stock.

Appears in 2 contracts

Samples: Employment Agreement (Independent Bank Group, Inc.), Restricted Stock Agreement (Independent Bank Group, Inc.)

Ownership Rights. Subject to any reservations, conditions or restrictions set forth in this Award Agreement and/or the Plan, upon grant to Participant of the Restricted Stock, Participant shall be entitled to all voting rights applicable to the Restricted Stock during the Restricted Period. In the event of forfeiture of shares of Restricted Stock, the Participant shall have no further rights with respect to such Restricted Stock and shall forfeit all rights to any dividends in respect of such forfeited shares of Restricted Stock.

Appears in 1 contract

Samples: Restricted Stock Agreement (FiberTower CORP)

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