Rights as Shareholder; Dividends. 5.1 The Grantee shall be the record owner of the Restricted Stock until the shares of Common Stock are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid. 5.2 The Company may issue stock certificates or evidence the Grantee’s interest by using a restricted book entry account with the Company’s transfer agent. Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vests. 5.3 If the Grantee forfeits any rights he or she has under this Agreement in accordance with Section 3, the Grantee shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.
Appears in 5 contracts
Samples: Restricted Stock Award Agreement (Freedom Holding Corp.), Long Term Equity Incentive Compensation Agreement (Freedom Holding Corp.), Restricted Stock Award Agreement (Freedom Holding Corp.)
Rights as Shareholder; Dividends. 5.1 5.1. The Grantee shall be the record owner of the Restricted Stock until the shares of Common Stock are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.
5.2 5.2. The Company may issue stock certificates certificated or evidence the Grantee’s interest by using a restricted book entry account with the Company’s transfer agent. Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vests.
5.3 5.3. If the Grantee forfeits any rights he or she the Grantee has under this Agreement in accordance with Section 3, the Grantee shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 4 contracts
Samples: Restricted Stock Award Agreement (Freedom Holding Corp.), Restricted Stock Award Agreement (Freedom Holding Corp.), Restricted Stock Award Agreement (Freedom Holding Corp.)
Rights as Shareholder; Dividends. 5.1 The Grantee shall be the record owner of the Restricted Stock until the shares of Common Stock are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.
5.2 The Company may issue stock certificates or evidence the Grantee’s interest by using a restricted book entry account with the Company’s transfer agent. Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vests.
5.3 If the Grantee forfeits any rights he or she has under this Agreement in accordance with Section 3, the Grantee shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Freedom Holding Corp.), Restricted Stock Award Agreement (Freedom Holding Corp.), Restricted Stock Award Agreement (Freedom Holding Corp.)
Rights as Shareholder; Dividends. 5.1 The Grantee shall be the record owner of the Restricted Stock until the shares of Common Stock are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.
5.2 The Company may issue stock certificates or evidence the Grantee’s interest by using a restricted book entry account with the Company’s transfer agent. Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vests.
5.3 If the Grantee forfeits any rights he or she has under this Agreement in accordance with Section 3, the Grantee shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (RespireRx Pharmaceuticals Inc.), Restricted Stock Agreement (Muscle Maker, Inc.)
Rights as Shareholder; Dividends. 5.1 The Grantee shall be the record owner of the Restricted Stock until the shares of Common Stock are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.
5.2 The Company may issue stock certificates or evidence the Grantee’s 's interest by using a restricted book entry account with the Company’s 's transfer agent. Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vests.
5.3 If the Grantee forfeits any rights he or she has under this Agreement in accordance with Section 3, the Grantee shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Accelerize Inc.), Restricted Stock Agreement (Accelerize Inc.)
Rights as Shareholder; Dividends. 5.1 The Grantee shall be the record owner of the Restricted Stock until the shares of Common Stock are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.
5.2 The Company may issue stock certificates or evidence the Grantee’s 's interest by using a restricted book entry account with the Company’s 's transfer agent. Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vests.
5.3 If the Grantee forfeits any rights he or she has under this Agreement in accordance with Section 3, the Grantee shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Gaming Technologies, Inc.), Restricted Stock Award Agreement (Cellceutix CORP)
Rights as Shareholder; Dividends. 5.1 4.1 The Grantee Employee shall be the record owner and registered holder of the Restricted Stock until the shares of Common Stock Subordinated Voting Shares are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.
5.2 4.2 The Company may issue stock certificates or evidence the GranteeEmployee’s interest by using a restricted book entry account with the Company’s transfer agent (including, for greater certainty, the transfer agent’s Direct Registration System). Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vests.
5.3 4.3 If the Grantee Employee forfeits any rights he or she has under this Agreement in accordance with Section 32, the Grantee Employee shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.shares, which shall be canceled without payment or consideration by the Company.
Appears in 2 contracts
Samples: Merger Agreement (Acreage Holdings, Inc.), Merger Agreement
Rights as Shareholder; Dividends. 5.1 The Grantee shall be the record owner of the Restricted Stock until the shares of Common Stock are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.
5.2 The Company may issue stock certificates or evidence the Grantee’s 's interest by using a restricted book entry account with the Company’s 's transfer agent. Physical possession or custody of any stock certificates that are issued shall may be retained by the Company until such time as the Restricted Stock vests.
5.3 If the Grantee forfeits any rights he or she has under this Agreement in accordance with Section 3, the Grantee shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (LIGHTBRIDGE Corp)
Rights as Shareholder; Dividends. 5.1 The Grantee Director shall be the record owner of the Restricted Stock until the shares of Common Stock are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.
5.2 The Company may issue stock certificates or evidence the Grantee’s Director's interest by using a restricted book entry account with the Company’s 's transfer agent. Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vests.
5.3 If the Grantee Director forfeits any rights he or she the Director has under this Agreement in accordance with Section 33 of this Agreement, the Grantee Director shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Lightwave Logic, Inc.)
Rights as Shareholder; Dividends. 5.1 a. The Grantee shall be the record owner of the Restricted Stock Share until the shares of Common Stock Shares are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same transferability and vesting restrictions on transferability as the shares of Restricted Stock Share with respect to which they were paid.
5.2 b. The Company may issue stock share certificates or evidence the Grantee’s 's interest by using a restricted book entry account with the Company’s 's transfer agent. Physical possession or custody of any stock share certificates that are issued shall be retained by the Company until such time as the Restricted Stock Share vests.
5.3 c. If the Grantee forfeits any rights he or she has under this Agreement in accordance with Section 3, the Grantee shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited Share and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 1 contract
Rights as Shareholder; Dividends. 5.1 The Grantee Director shall be the record owner of the Restricted Stock until the shares of Common Stock are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.
5.2 The Company may issue stock certificates or evidence the Grantee’s Director's interest by using a restricted book entry account with the Company’s 's transfer agent. Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vests.
5.3 If the Grantee Director forfeits any rights he or she has under this Agreement in accordance with Section 33 of this Agreement, the Grantee Director shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 1 contract
Rights as Shareholder; Dividends. 5.1 The Grantee shall be the record owner of the Restricted Stock until the shares of Common Stock are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.
5.2 The Company may issue stock certificates or evidence the Grantee’s interest by using a restricted book entry account with the Company’s transfer agent. Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vests.
5.3 If the Grantee forfeits any rights he or she the Grantee has under this Agreement in accordance with Section 3, the Grantee shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Intellinetics, Inc.)
Rights as Shareholder; Dividends. 5.1 5.1. The Grantee shall be the record owner of the Restricted Stock Shares until the shares of Common Stock Class B Ordinary Shares are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock Shares with respect to which they were paid.
5.2 5.2. The Company may issue stock share certificates or evidence the Grantee’s interest by using a restricted book entry account with the Company’s transfer agent. Physical possession or custody of any stock share certificates that are issued shall may be retained by the Company until such time as the Restricted Stock vestsShares vest.
5.3 5.3. If the Grantee forfeits surrenders any rights he or she has under this Agreement Restricted Shares for nil consideration in accordance with Section 3this Agreement, the Grantee shall, on the date of such forfeituresurrender, no longer have any rights as a shareholder with respect to the such Restricted Stock forfeited Shares and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 1 contract
Samples: Restricted Shares Award Agreement (Brera Holdings PLC)
Rights as Shareholder; Dividends. 5.1 The Grantee Director shall be the record owner of the Restricted Stock until the shares of Common Stock are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.
5.2 The Company may issue stock certificates or evidence the Grantee’s Director's interest by using a restricted book entry account with the Company’s 's transfer agent. Physical possession or custody of any stock certificates that are issued shall may be retained by the Company until such time as the Restricted Stock vests.
5.3 If the Grantee Director forfeits any rights he or she has under this Agreement in accordance with Section 33 of this Agreement, the Grantee Director shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (LIGHTBRIDGE Corp)
Rights as Shareholder; Dividends. 5.1 The Grantee shall be the record owner of the Restricted Stock until the shares of Common Stock are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.
5.2 The Company may issue stock certificates or evidence the Grantee’s interest by using a restricted book entry account with the Company’s transfer agent. Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vests.
5.3 If the Grantee forfeits any rights he or she has under this Agreement in accordance with Section 3, the Grantee shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Healthy Choice Wellness Corp.)
Rights as Shareholder; Dividends. 5.1 The Grantee shall be the record owner of the Restricted Stock until the shares of Common Stock are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.
5.2 The Company may issue stock certificates or evidence the Grantee’s 's interest by using a restricted book entry account with the Company’s 's transfer agent. Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vests.
5.3 If the Grantee forfeits any rights he or she has under this Agreement in accordance with Section 3, the Grantee shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Freedom Holding Corp.)
Rights as Shareholder; Dividends. 5.1 5.1. The Grantee shall be the record owner of the Restricted Stock Shares until the shares of Common Stock Ordinary Shares are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock Shares with respect to which they were paid.
5.2 5.2. The Company may issue stock share certificates or evidence the Grantee’s interest by using a restricted book entry account with the Company’s transfer agent. Physical possession or custody of any stock share certificates that are issued shall may be retained by the Company until such time as the Restricted Stock vestsShares vest.
5.3 5.3. If the Grantee forfeits any rights he or she has under this Agreement in accordance with Section 3, the Grantee shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited Shares and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 1 contract
Samples: Restricted Share Award Agreement (Droneify Holdings LTD)
Rights as Shareholder; Dividends. 5.1 27.1 The Grantee shall be the record owner of the Restricted Stock until the shares of Common Stock are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.
5.2 27.2 The Company may issue stock certificates or evidence the Grantee’s interest by using a restricted book entry account with the Company’s transfer agent. Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vests.
5.3 27.3 If the Grantee forfeits any rights he or she has under this Agreement in accordance with Section 3, the Grantee shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 1 contract
Samples: Stock Option Exercise Agreement (Foxo Technologies Inc.)
Rights as Shareholder; Dividends. 5.1 5.1. The Grantee shall be the record owner of the Restricted Stock Shares until the shares of Common Stock Shares are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares Shares and receive all dividends or other distributions paid with respect to such sharesShares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock Shares with respect to which they were paid.
5.2 5.2. The Company may issue stock certificates or evidence the Grantee’s interest by using a restricted book entry account with the Company’s transfer agent. Physical possession or custody of any stock certificates that are issued shall may be retained by the Company until such time as the Restricted Stock vestsShares vest.
5.3 5.3. If the Grantee forfeits any rights he or she has under this Agreement in accordance with Section 33, the Grantee shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited Shares and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 1 contract
Samples: Restricted Share Award Agreement (1847 Holdings LLC)
Rights as Shareholder; Dividends. 5.1 The Grantee shall be the record owner of During the Restricted Stock until Period, the shares of Common Stock are sold or otherwise disposed of, and Director shall be entitled to all of the rights of a shareholder of the Company including, without limitation, have the right to vote such shares and receive the Restricted Shares. In addition, the Director’s Restricted Share Account shall be credited with stock equivalent to all dividends or other distributions paid with respect by the Company during the Restricted Period. Said dividends are subject to such shares. Notwithstanding vesting of the foregoing, any dividends or other distributions Restricted Shares and shall be subject to forfeited in the same restrictions on transferability as event that the shares of Restricted Stock with respect to which they were paidShares do not vest for any reason.
5.2 The Company may issue stock certificates or evidence the Grantee’s Director's interest by using a restricted book entry account with the Company’s 's transfer agent. Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vestsShares vest.
5.3 If the Grantee Director forfeits any rights he or she has under this Agreement in accordance with Section 33 of this Agreement, the Grantee Director shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited Shares and any stock paid as dividends with respect to the Restricted Shares, and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 1 contract
Samples: Restricted Shares Award Agreement (HireQuest, Inc.)
Rights as Shareholder; Dividends. 5.1 The Grantee shall be the record owner of the Restricted Stock until the shares of Common Stock are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.
5.2 . The Company may issue stock certificates or evidence the Grantee’s 's interest by using a restricted book entry account with the Company’s 's transfer agent. Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vests.
5.3 . If the Grantee forfeits any rights he or she has under this Agreement in accordance with Section 3, the Grantee shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 1 contract
Rights as Shareholder; Dividends. 5.1 7.1. The Grantee Holder shall be the record owner of the Restricted Stock until the shares of Common Stock are sold or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including, without limitation, the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. Notwithstanding the foregoing, any dividends or other distributions shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.
5.2 7.2. The Company may issue stock certificates or evidence the GranteeHolder’s interest by using a restricted book entry account with the Company’s transfer agent. Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vests.
5.3 7.3. If the Grantee Holder forfeits any rights he or she has under this Agreement in accordance with Section 33 of this Agreement, the Grantee Holder shall, on the date of such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock forfeited and shall no longer be entitled to vote or receive dividends on such shares.shares.
Appears in 1 contract