Common use of Rights as Stockholder; Dividend & Voting Rights Clause in Contracts

Rights as Stockholder; Dividend & Voting Rights. Recipient shall be entitled to ordinary dividends paid or declared on Vested and Unvested Award Shares for which the record date is on or after the date such Award Shares have been issued in the Recipient’s name; provided, however, any dividends paid in the form of common stock of the Company shall be considered Award Shares and shall be subject to all terms and provisions of this Agreement as the underlying Award Shares. Recipient shall have all voting rights applicable for all Vested and Unvested Award Shares for which the record date is on or after the date such Award Shares have been issued in the Recipient’s name. Recipient shall have no rights whatsoever (dividend, voting or otherwise) with respect to Award Shares which have been forfeited under Section 1.2.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Steadfast Apartment REIT, Inc.), Restricted Stock Award Agreement (Steadfast Apartment REIT, Inc.)

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Rights as Stockholder; Dividend & Voting Rights. Recipient shall be entitled to ordinary any cash distributions or dividends paid or declared on Vested and Unvested Award Shares for which the record date is on or after the date such Award Shares have been issued in the Recipient’s name; provided, however, any dividends paid in the form of common stock of the Company shall be considered Award Shares and shall be subject to all terms and provisions of this Agreement as the underlying Award Shares. Recipient shall have all voting rights applicable for all Vested and Unvested Award Shares for which the record date is on or after the date such Award Shares have been issued in the Recipient’s name. Recipient shall have no rights whatsoever (dividend, voting or otherwise) with respect to Award Shares which have been forfeited under Section 1.21.3.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Sila Realty Trust, Inc.), Restricted Stock Award Agreement (Sila Realty Trust, Inc.)

Rights as Stockholder; Dividend & Voting Rights. Recipient shall be entitled to ordinary dividends paid or declared on Vested and Unvested Award Shares for which the record date is on or after the date such Award Shares have been issued in the Recipient’s name; provided, however, any dividends paid in the form of common stock of the Company shall be considered Award Shares and shall be subject to all terms and provisions of this Agreement as the underlying Award Shares. Recipient shall have all voting rights applicable for all Vested and Unvested Award Shares for which the record date is on or after the date such Award Shares have been issued in the Recipient’s name. Recipient shall have no rights whatsoever (dividend, voting or otherwise) with respect to Award Shares which have been forfeited under Section Sections 1.2.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Sila Realty Trust, Inc.)

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Rights as Stockholder; Dividend & Voting Rights. Recipient shall be entitled to ordinary dividends paid or declared on Vested and Unvested Award Shares for which the record date is on or after the date such Award Shares have been issued in the Recipient’s name; provided, however, any dividends paid in the form of common stock of the Company shall be considered Award Shares and shall be subject to all terms and provisions of this Agreement as the underlying Award Shares. Recipient shall have all voting rights applicable for all Vested and Unvested Award Shares for which the record date is on or after the date such Award Shares have been issued in the Recipient’s name. Recipient shall have no rights whatsoever (dividend, voting or otherwise) with respect to Award Shares which have been forfeited under Section 1.2.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Sila Realty Trust, Inc.)

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