Common use of Rights as a Shareholder of the Company Clause in Contracts

Rights as a Shareholder of the Company. Participant’s receipt of the grant of RSUs pursuant to this Award Agreement shall provide and confer no rights or status as a shareholder of the Company until such time the RSUs are converted in accordance with Section 2 of this Award Agreement.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Guaranty Bancshares Inc /Tx/), Restricted Stock Unit Award Agreement (LGI Homes, Inc.), Restricted Stock Unit Award Agreement (Applied Optoelectronics, Inc.)

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Rights as a Shareholder of the Company. Participant’s 's receipt of the grant of RSUs pursuant to this Award Agreement shall provide and confer no rights or status as a shareholder of the Company unless and until such time the RSUs are converted settled in Shares of Common Stock in accordance with Section 2 of this Award Agreement.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Forbes Energy Services Ltd.), Restricted Stock Unit Award Agreement (Forbes Energy Services Ltd.), Restricted Stock Unit Award Agreement (Forbes Energy Services Ltd.)

Rights as a Shareholder of the Company. Participant’s 's receipt of the grant of RSUs pursuant to this Award Agreement shall provide and confer no rights to or status as a shareholder or equity holder of the Company until such time Company. Without limiting the foregoing, the holding of RSUs are converted shall NOT confer any right to: (i) vote; (ii) bring derivative actions; (iii) inspect books and records of the Company; (iv) receive dividends or other distributions except as provided in accordance with Section 2 2; or (v) have any other rights accorded owners of this Award Agreementthe Company’s shareholders or equity holders.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Powell Industries Inc)

Rights as a Shareholder of the Company. Participant’s 's receipt of the grant of RSUs pursuant to this Award Agreement shall provide and confer no rights or status as a shareholder of the Company until such time the RSUs are converted in accordance with Section 2 of this Award Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Forbes Energy Services Ltd.)

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Rights as a Shareholder of the Company. The Participant’s 's receipt of the grant of RSUs pursuant to this Award Agreement shall provide and confer no rights or status as a shareholder of the Company until such time the RSUs are converted in accordance with Section 2 of this Award Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Applied Optoelectronics, Inc.)

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