Common use of Rights During Restriction Period Clause in Contracts

Rights During Restriction Period. During the Restriction Period, Participant will have (except as expressly provided in Section 2.1.1) all the rights of a stockholder with respect to the Restricted Stock, including without limitation the right to exercise all voting rights with respect to the Restricted Stock and the right to receive cash dividends with respect to the Restricted Stock. Stock dividends issued with respect to Restricted Stock will be treated as additional shares of Restricted Stock covered by the Award and will be subject to the same Restrictions.

Appears in 3 contracts

Samples: Restricted Stock (Deltic Timber Corp), Award Agreement (Louisiana-Pacific Corp), Award Agreement (Louisiana-Pacific Corp)

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Rights During Restriction Period. During the Restriction PeriodPeriod for the Restricted Stock, Participant will have (except as expressly provided in Section 2.1.1) all the rights of a stockholder with respect to the Restricted Stock, including without limitation the right to exercise all voting rights with respect to the Restricted Stock and the right to receive cash dividends with respect to the Restricted Stock. Stock dividends issued with respect to Restricted Stock will be treated as additional shares of Restricted Stock covered by the Award and will be subject to the same Restrictions.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Louisiana-Pacific Corp), Restricted Stock Award Agreement (Louisiana-Pacific Corp)

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