Rights as Member. Upon the issuance of a certificate or certificates representing the Restricted Shares to Employee, Employee shall become the owner thereof for all purposes and shall have all rights as a member of the Company, including, without limitation, voting rights and the right to receive dividends and distributions, with respect to the Restricted Shares, subject to the forfeiture provisions hereof and the following provisions of this Section 5. If the Company shall pay or declare a dividend or make a distribution of any kind, whether due to a reorganization, recapitalization or otherwise, with respect to the Ordinary Shares constituting the Restricted Shares, then the Company shall pay or make such dividend or other distribution with respect to the Restricted Shares.
Appears in 4 contracts
Samples: Performance Vested Restricted Stock Agreement (Noble Corp), Escrow Agreement (Noble Corp), Escrow Agreement (Noble Corp)
Rights as Member. Upon the issuance of a certificate or certificates representing the Restricted Shares to EmployeeExecutive, Employee Executive shall become the owner thereof for all purposes and shall have all rights as a member of the Company, including, without limitation, voting rights and the right to receive dividends and distributions, with respect to the Restricted Shares, subject to the forfeiture provisions hereof and the following provisions of this Section 5. If the Company shall pay or declare a dividend or make a distribution of any kind, whether due to a reorganization, recapitalization or otherwise, with respect to the Ordinary Shares constituting the Restricted Shares, then the Company shall pay or make such dividend or other distribution with respect to the Restricted Shares.
Appears in 4 contracts
Samples: Time Vested Restricted Stock Agreement (Noble Corp), Escrow Agreement (Noble Corp), Restricted Stock Agreement (Noble Corp)
Rights as Member. Upon the issuance of a certificate or certificates representing the Restricted Shares to EmployeeDirector, Employee Director shall become the owner thereof for all purposes and shall have all rights as a member of the Company, including, without limitation, voting rights and the right to receive dividends and distributions, with respect to the Restricted Shares, subject to the forfeiture provisions hereof and the following provisions of this Section 5hereof. If the Company shall pay or declare a dividend or make a distribution of any kind, whether due to a reorganization, recapitalization or otherwise, with respect to the Ordinary Shares constituting the Restricted Shares, then the Company shall pay or make such dividend or other distribution with respect to the Restricted Shares.
Appears in 2 contracts
Samples: Escrow Agreement (Noble Corp), Restricted Stock Agreement (Noble Corp)