Common use of Rights as Shareholder; Dividend Equivalents Clause in Contracts

Rights as Shareholder; Dividend Equivalents. 5.1 The Participant shall not have any rights of a shareholder with respect to the Ordinary Shares underlying the Restricted Share Units (including, without limitation, any voting rights or any right to dividends paid with respect to the Ordinary Shares underlying the Restricted Share Units). 5.2 The Participant shall not be entitled to any Dividend Equivalents in respect of the Restricted Share Units.

Appears in 2 contracts

Samples: Nasdaq Inducement Restricted Share Unit Award Grant Notice and Agreement (Wave Life Sciences Ltd.), Nasdaq Inducement Restricted Share Unit Award Grant Notice and Agreement (Wave Life Sciences Ltd.)

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Rights as Shareholder; Dividend Equivalents. 5.1 4.1 The Participant shall not have any rights of a shareholder with respect to the Ordinary Shares underlying the Restricted Share Units (including, without limitation, any voting rights or any right to dividends paid with respect to the Ordinary Shares underlying the Restricted Share Units). 5.2 4.2 The Participant shall not be entitled to any Dividend Equivalents in respect of the Restricted Share Units.

Appears in 2 contracts

Samples: Restricted Share Unit Agreement (Wave Life Sciences Ltd.), Restricted Share Unit Agreement (Wave Life Sciences Ltd.)

Rights as Shareholder; Dividend Equivalents. 5.1 The 1The Participant shall not have any rights of a shareholder with respect to the Ordinary Common Shares underlying the Restricted Share Stock Units (includingunless and until the Restricted Stock Units vest and are settled by the issuance of such Common Shares. Upon and following the settlement of the Restricted Stock Units, without limitation, any voting rights or any right to dividends paid with respect to the Ordinary Participant shall be the record owner of the Common Shares underlying the Restricted Share Units). 5.2 The Participant Stock Units unless and until such shares are sold or otherwise disposed of, and as record owner shall not be entitled to any Dividend Equivalents in respect all rights of a shareholder of the Restricted Share UnitsCompany (including voting rights).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Target Hospitality Corp.)

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Rights as Shareholder; Dividend Equivalents. 5.1 The Participant shall not have any rights of a shareholder with respect to the Ordinary any Shares underlying the Restricted Share Units (Stock Units, including, without limitationbut not limited to, any voting rights or any and the right to receive or accrue dividends paid with respect to the Ordinary Shares underlying the Restricted Share Units)or dividend equivalents. 5.2 The Upon any Shares being issued pursuant to Agreement Section 6 following any Restricted Stock Units becoming Vested Units, Participant shall not be the record owner of the Shares unless and until the Shares are sold or otherwise disposed of, and as record owner shall be entitled to any Dividend Equivalents in respect all rights of a shareholder of the Restricted Share UnitsCompany (including voting and dividend rights).

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Supernus Pharmaceuticals, Inc.)

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