Common use of Rights in Shares Clause in Contracts

Rights in Shares. The Grantee, for the duration of this Agreement, shall be the record owner of, and shall be entitled to vote, the Award Shares and shall be entitled to receive all dividends and any other distributions declared on the Award Shares (provided, however, that nothing contained herein shall cause the Company to declare any such dividends or to make any such distributions).

Appears in 5 contracts

Samples: For Employees (Capstead Mortgage Corp), Non Employee Directors (Capstead Mortgage Corp), Restricted Stock Agreement for Employees (Capstead Mortgage Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!