Rights as Shareholder; Dividend Equivalents. 5.1 The Grantee shall not have any rights of a shareholder with respect to the shares of Common Stock underlying the Restricted Stock Units unless and until the Restricted Stock Units vest and are settled by the issuance of such shares of Common Stock. 5.2 Upon and following the settlement of the Restricted Stock Units, the Grantee shall be the record owner of the shares of Common Stock underlying the Restricted Stock Units unless and until such shares are sold or otherwise disposed of, and as record owner shall be entitled to all rights of a shareholder of the Company (including voting rights). 5.3 The Grantee shall not be entitled to any Dividend Equivalents with respect to the Restricted Stock Units to reflect any dividends payable on shares of Common Stock.
Appears in 6 contracts
Samples: Restricted Stock Unit Agreement (VirTra, Inc), Restricted Stock Unit Agreement (Barfresh Food Group Inc.), Restricted Stock Unit Agreement (Barfresh Food Group Inc.)
Rights as Shareholder; Dividend Equivalents. 5.1 The Grantee shall not have any rights of a shareholder with respect to the shares of Common Stock underlying the Restricted Stock Units unless and until the Restricted Stock Units vest and are settled by the issuance of such shares of Common Stock.
5.2 Upon and following the settlement of the Restricted Stock Units, the Grantee shall be the record owner of the shares of Common Stock underlying the Restricted Stock Units unless and until such shares are sold or otherwise disposed of, and as record owner shall be entitled to all rights of a shareholder of the Company (including voting rights).
5.3 The Grantee shall not be entitled to any Dividend Equivalents with respect to the Restricted Stock Units to reflect any dividends payable on shares of Common Stock.
Appears in 5 contracts
Samples: Restricted Stock Unit Agreement (OP Bancorp), Restricted Stock Unit Agreement (OP Bancorp), Restricted Stock Unit Agreement (inContact, Inc.)
Rights as Shareholder; Dividend Equivalents. 5.1 a. The Grantee shall will not have any rights of a shareholder with respect to the shares of Common Stock underlying the Restricted Stock Share Units unless and until the Restricted Stock Share Units vest and are settled by the issuance of such shares of Common Stock.
5.2 b. Upon and following the settlement of the Restricted Stock UnitsShare Units in shares of Stock, the Grantee shall will be the record owner of the shares of Common Stock underlying the Restricted Stock Share Units unless and until such shares are Stock is sold or otherwise disposed of, and as record owner shall will be entitled to all rights of a shareholder of the Company (including voting rights).
5.3 c. The Grantee shall will not be entitled to any Dividend Equivalents dividend equivalents with respect to the Restricted Stock Share Units to reflect any dividends payable on shares of Common Stock.
Appears in 2 contracts
Samples: Restricted Share Unit Award Agreement (Workhorse Group Inc.), Restricted Share Unit Award Agreement (Workhorse Group Inc.)
Rights as Shareholder; Dividend Equivalents. 5.1 The Grantee shall not have any rights of a shareholder with respect to the shares of Common Stock underlying the Restricted Stock Units unless and until the Restricted Stock Units vest and are settled by the issuance of such shares of Common Stock.
5.2 Upon and following the settlement of the Restricted Stock Units, the Grantee shall be the record owner of the shares of Common Stock underlying the Restricted Stock Units unless and until such shares are sold or otherwise disposed of, and as record owner shall be entitled to all rights of a shareholder of the Company (including voting rights).
5.3 The Grantee shall not be entitled to any Dividend Equivalents dividends or dividend equivalents with respect to the Restricted Stock Units to reflect any dividends payable on shares of Common Stock.
Appears in 1 contract
Rights as Shareholder; Dividend Equivalents. 5.1 The Grantee shall not have any rights of a shareholder with respect to the shares of Common Stock underlying the Restricted Stock Units unless and until the Restricted Stock Units vest and are settled by the issuance of such shares of Common Stock.
5.2 Upon and following the settlement of the Restricted Stock Units, the Grantee shall be the record owner of the shares of Common Stock underlying the Restricted Stock Units unless and until such shares are sold or otherwise disposed of, and as record owner shall be entitled to all rights of a shareholder of the Company (including voting rights).
5.3 The Grantee shall not be entitled to any Dividend Equivalents dividends or dividend equivalents with respect to the Restricted Stock Units to reflect any dividends payable on shares of Common Stock.
Appears in 1 contract
Rights as Shareholder; Dividend Equivalents. 5.1 The Grantee shall not have any rights of a shareholder with respect to the shares of Common Stock underlying the Restricted Stock Units unless and until the Restricted Stock Units vest and are settled by the issuance of such shares of Common Stock.
5.2 Upon and following the settlement of the Restricted Stock Units, the Grantee shall be the record owner of the shares of Common Stock underlying the Restricted Stock Units unless and until such shares are sold or otherwise disposed of, and as record owner shall be entitled to all rights of a shareholder of the Company (including voting rights).
5.3 The Grantee shall not [not] be entitled to any Dividend Equivalents dividend equivalents with respect to the Restricted Stock Units to reflect any dividends payable on shares of Common Stock.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (zSpace, Inc.)