Privileges of Common Stock Ownership. The Participant shall not have any of the rights of a stockholder until the applicable shares of Common Stock are issued and/or delivered after the applicable vesting date and the Participant has made appropriate provision for any Tax-Related Items that may arise in accordance with Section 6 below. The Participant shall have no beneficial ownership in the shares of Common Stock until they are issued and/or delivered in accordance with this Section 1.1(g).
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Samples: Form of Performance Stock Unit Award Agreement (Nextracker Inc.), Restricted Stock Unit Award Agreement (Nextracker Inc.), Restricted Stock Unit Award Agreement β Director Award (Nextracker Inc.)
Privileges of Common Stock Ownership. The Participant shall not have any of the rights of a stockholder with respect to the applicable shares of Common Stock until the applicable Participant exercises this Option, pays the Exercise Price and the shares of Common Stock are issued and/or delivered after to the applicable vesting date Participant and the Participant has made appropriate provision for any Tax-Related Items that may arise in accordance with Section 6 below. The Participant shall have no beneficial ownership in the shares of Common Stock until they are issued and/or delivered in accordance with this Section 1.1(g).
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