Restricted Unit Account. The Corporation shall establish and maintain a Restricted Unit account for and on behalf of the Grantee and shall record in such account the number of Restricted Units awarded to the Grantee. No shares of Common Stock shall be issued to the Grantee at the time the award is made, and the Grantee shall not be, nor have any of the rights or privileges of, a shareowner of the Corporation with respect to any Restricted Units recorded in the account.
Appears in 13 contracts
Samples: Restricted Stock Unit Award Agreement (Intermagnetics General Corp), Restricted Stock Unit Award Agreement (Intermagnetics General Corp), Restricted Stock Unit Award Agreement (Intermagnetics General Corp)
Restricted Unit Account. The Corporation shall establish and maintain a Restricted Unit account for and on behalf of the Grantee and shall record in such account the number of Restricted Units awarded to the Grantee. No shares of Common Stock shall be issued to the Grantee at the time the award is made, and the Grantee shall not be, nor have any of the rights or privileges of, a shareowner stockholder of the Corporation with respect to any Restricted Units recorded in the account.
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement (Cuisine Solutions Inc), Restricted Stock Unit Award Agreement (Cuisine Solutions Inc), Restricted Stock Unit Award Agreement (Cuisine Solutions Inc)
Restricted Unit Account. The Corporation Company shall establish and maintain a Restricted Unit account for and on behalf of the Grantee and shall record in such account the number of Restricted Units awarded to the Grantee. No shares of Common Stock shall be issued to the Grantee at the time the award is made, and the Grantee shall not be, nor have any of the rights or privileges of, a shareowner shareholder of the Corporation Company with respect to any Restricted Units recorded in the account.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Plug Power Inc)
