Common use of Rights of Grantee Clause in Contracts

Rights of Grantee. The Grantee shall have no rights as a stockholder of the Company with respect to the Restricted Stock Units until Shares are issued to the Grantee upon settlement of the Award. The Grantee’s rights in respect of the Restricted Stock Units shall be limited to those of a general unsecured creditor of the Company.

Appears in 7 contracts

Samples: Restricted Stock Unit Agreement (Cloud Peak Energy Inc.), Restricted Stock Unit Agreement (Cloud Peak Energy Inc.), Restricted Stock Unit Agreement (Cloud Peak Energy Inc.)

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Rights of Grantee. The Grantee shall not be, nor shall he have no any of the rights as or privileges of, a stockholder of the Company with in respect to the Restricted Stock Units until Shares are issued to the Grantee upon settlement of any of the Award. The Grantee’s rights in respect shares of the Restricted Stock Units unless and until the Restricted Stock has vested and certificates representing such shares shall be limited have been issued and delivered to those of a general unsecured creditor of Grantee; except that the CompanyCompany shall supply the Grantee with all financial information and other reports which the Company furnished its stockholders while the Grantee holds Restricted Stock.

Appears in 5 contracts

Samples: Restricted Stock Agreement (Alco Stores Inc), Restricted Stock Agreement (Alco Stores Inc), Restricted Stock Agreement (Alco Stores Inc)

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Rights of Grantee. The Grantee shall have no rights as a stockholder of the Company with respect to the Restricted Stock Units until Shares are issued to the Grantee upon settlement of the Award. The Grantee’s 's rights in respect of the Restricted Stock Units shall be limited to those of a general unsecured creditor of the Company.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Cloud Peak Energy Inc.)

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