Common use of Privileges of Stock Ownership Clause in Contracts

Privileges of Stock Ownership. Grantee shall have the rights of a stockholder with respect to the voting of the Restricted Stock and cash dividends paid by the Company. All regular dividends on shares of the Restricted Stock shall be paid directly to Grantee and shall not be held in escrow (such distributions may, however, be delivered to an address at the Company for delivery to Grantee).

Appears in 9 contracts

Samples: Restricted Stock Award Agreement (Zions Bancorporation /Ut/), Restricted Stock Award Agreement (Zions Bancorporation /Ut/), Restricted Stock Award Agreement (Zions Bancorporation /Ut/)

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Privileges of Stock Ownership. Grantee shall have the rights of a stockholder with respect to the voting of the Restricted Stock and cash ordinary dividends paid by the Company. All regular dividends on shares of the Restricted Stock shall be paid directly to Grantee and shall not be held in escrow (such distributions may, however, be delivered to an address at the Company for delivery to Grantee).

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Zions Bancorporation, National Association /Ut/), Restricted Stock Award Agreement (Zions Bancorporation, National Association /Ut/), Restricted Stock Award Agreement (Zions Bancorporation /Ut/)

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Privileges of Stock Ownership. Grantee shall have the rights of a stockholder with respect to the voting of the Restricted Stock Shares subject to this Award and cash receipt of dividends paid by the Company. All regular dividends on shares of the Restricted Stock Shares shall be paid directly to Grantee and shall not be held Grantee, regardless of the vesting schedule set forth in escrow (such distributions may, however, be delivered to an address at the Company for delivery to Grantee)this Agreement.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Sandy Spring Bancorp Inc)

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