Common use of Rights During Performance Period Clause in Contracts

Rights During Performance Period. During the Performance Period, the Grantee shall not have any rights as a shareholder with respect to the Shares underlying the Performance Units. Upon the expiration of the Performance Period and payout of the Award, the Grantee may exercise voting rights and shall be entitled to receive dividends and other distributions with respect to the number of Shares to which the Grantee is entitled pursuant hereto.

Appears in 3 contracts

Samples: Restricted Share Unit Award Agreement (Cott Corp /Cn/), Equity Incentive Plan (Cott Corp /Cn/), Restricted Share Unit Award Agreement (Cott Corp /Cn/)

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Rights During Performance Period. (i) During the Performance Period, the Grantee shall not have any rights as a shareholder with respect to the Shares underlying the Performance Units, including dividend rights (other than as described in subsection (ii) below). Upon the expiration of the Performance Period and payout of the Award, the Grantee may exercise voting rights and shall be entitled to receive dividends and other distributions with respect to the number of Shares to which the Grantee is entitled pursuant hereto.

Appears in 2 contracts

Samples: Equity Incentive Plans (Primo Water Corp /CN/), Restricted Share Unit Award Agreement (Cott Corp /Cn/)

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Rights During Performance Period. (i) During the Performance Period, the Grantee shall not have any rights as a shareholder with respect to the Shares underlying the Performance Units, including dividend rights (other than as described in subsection (ii) below). Upon Following the expiration of the Performance Period and payout of the AwardAward (including any deferred payout of this Award under the Deferred Compensation Program), the Grantee may exercise voting rights and shall be entitled to receive dividends and other distributions with respect to the number of Shares to which the Grantee is entitled pursuant hereto.

Appears in 2 contracts

Samples: Award Agreement (Primo Water Corp /CN/), Equity Incentive Plans Restricted Share Unit Award Agreement (Primo Water Corp /CN/)

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