Common use of Ownership, Voting Rights, Duties Clause in Contracts

Ownership, Voting Rights, Duties. Unless and until the delivery of underlying RSU Shares, the Holder has no rights as a shareholder of the Corporation, including no right to vote the underlying RSU Shares or rights to dividends or distributions on the underlying RSU Shares. The Holder’s rights with respect to the RSU Award shall be that of a general unsecured creditor of the Corporation.

Appears in 3 contracts

Samples: Rsu Award Agreement (Intersections Inc), Incentive Award Agreement Rsu Award Agreement (Intersections Inc), Incentive Award Agreement Rsu Award (Intersections Inc)

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Ownership, Voting Rights, Duties. Unless and until the delivery of underlying RSU Shares, the Holder has no rights as a shareholder of the Corporation, including no right to vote the underlying RSU Shares or rights to dividends or distributions on the underlying RSU Shares. The Holder’s rights with respect to the RSU Award shall be that of a general unsecured creditor of the Corporation.

Appears in 1 contract

Samples: Rsu Award Agreements (Intersections Inc)

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Ownership, Voting Rights, Duties. Unless and until the delivery of underlying RSU Shares, the Holder has no rights as a shareholder of the CorporationCorporation with respect to the underlying RSU Shares, including no right to vote the underlying RSU Shares or rights to dividends or distributions on the underlying RSU Shares. The Holder’s rights with respect to the RSU PBRSU Award shall be that of a general unsecured creditor of the Corporation.

Appears in 1 contract

Samples: Incentive Award Agreement (Intersections Inc)

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