Common use of Right to Vote and to Receive Dividends Clause in Contracts

Right to Vote and to Receive Dividends. Grantee shall have the right to vote unvested Shares and receive any cash dividends or other cash distributions paid on unvested Shares provided that such Shares have not been forfeited. In the event of a dividend or distribution payable in stock or other property, a reclassification, stock split or similar event during the period in which the Shares are unvested, the shares or other property issued or delivered with respect to the unvested Shares shall be subject to the same terms and conditions relating to vesting, forfeiture and non-transferability as the Shares to which they relate.

Right to Vote and to Receive Dividends. Grantee shall have the right to vote unvested Shares and receive any cash dividends or other cash distributions paid on unvested Shares Shares, provided that such Shares have not been forfeited. In the event of a dividend or distribution payable in stock or other property, a reclassification, stock split or similar event during the period in which the Shares are unvested, the shares or other property issued or delivered with respect to the unvested Shares shall be subject to the same terms and conditions relating to vesting, forfeiture and non-transferability as the Shares to which they relate.

Right to Vote and to Receive Dividends. Grantee shall have the right to vote unvested Shares and receive any cash dividends or other cash distributions paid on unvested Shares provided that such Shares have not been forfeited. In the event of a dividend or distribution payable in stock or other property, a reclassification, stock split or similar event during the period in which the Shares are unvested, the shares or other property issued or delivered with respect to the unvested Shares shall be subject to the same terms and conditions relating to vesting, forfeiture and non-transferability as the Shares to which they relate.