Common use of Rights as a Stockholder or Employee Clause in Contracts

Rights as a Stockholder or Employee. The Grantee shall have all the rights of a shareholder with respect to the Restricted Stock except as provided in Section 4 hereof. Accordingly, the Grantee shall have the right during the Restricted Period to vote the Restricted Stock and to receive any dividends paid to or made with respect to the Restricted Stock. All such rights shall cease upon forfeiture of the Restricted Stock.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Ia Global Inc), 2004 Stock Incentive Plan (O2diesel Corp), Restricted Stock Agreement (Ia Global Inc)

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Rights as a Stockholder or Employee. The Grantee shall will have all the rights of a shareholder with respect to the Restricted Stock except as provided in Section 4 hereofbelow. Accordingly, the Grantee shall will have the right during the Restricted Period to vote the Restricted Stock and to receive any dividends paid to or made with respect to the Restricted Stock. All such rights shall cease upon forfeiture of the Restricted Stock.

Appears in 1 contract

Samples: Form of Restricted Stock Agreement (Arqule Inc)

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