Rights of the Grantee as Shareholder. The Grantee, as the owner of the Common Shares issued or transferred pursuant to this Grant, is entitled to all the rights of a shareholder of NIL, including the right to vote, the right to receive dividends payable either in stock or in cash, and the right to receive shares in any recapitalization of NIL, subject, however, to the restrictions stated in this Grant. If the Grantee receives any additional shares by reason of being the holder of the Common Shares issued or transferred under this Grant, all of the additional shares shall be subject to the provisions of this Grant. Initially, the Common Shares will be held in an account maintained with the processor under the Plan (the “Account”). If requested, NIL may provide the Grantee with a certificate for the shares, which would bear a legend as described in Section 6.
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Samples: Restricted Stock Agreement (Nabors Industries LTD), Restricted Stock Agreement (Nabors Industries LTD)
Rights of the Grantee as Shareholder. The Grantee, as the owner of the Common Shares issued or transferred pursuant to this Grant, is entitled to all the rights of a shareholder of NIL, including the right to vote, the right to receive dividends payable either in stock or in cash, and the right to receive shares in any recapitalization of NILthe Company, subject, however, to the restrictions stated in this Grant. If the Grantee receives any additional shares by reason of being the holder of the Common Shares issued or transferred under this Grant, all of the additional shares shall be subject to the provisions of this Grant. Initially, the Common Shares will be held in an account maintained with the processor under the Plan (the “Account”). If requested, NIL may provide the Grantee with a certificate for the shares, which would bear a legend as described in Section 6.
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Rights of the Grantee as Shareholder. The Grantee, as the owner of the Common Shares issued or transferred pursuant to this Grant, is entitled to all the rights of a shareholder of NIL, including the right to vote, the right to receive dividends payable either in stock or in cash, and the right to receive shares in any recapitalization of NILthe Company, subject, however, to the restrictions stated in this Grant. If the Grantee receives any additional shares by reason of being the holder of the Common Shares issued or transferred under this Grant, all of the additional shares shall be subject to the provisions of this Grant. Initially, the Common Shares will be held in an account maintained with the processor under the Plan (the “"Account”"). If requested, NIL may provide the Grantee with a certificate for the shares, which would bear a legend as described in Section 6.
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