Common use of Rights Prior to Issuance of Shares Clause in Contracts

Rights Prior to Issuance of Shares. Neither the Recipient nor any person to whom the Recipient’s rights shall have passed by will or by the laws of descent and distribution or otherwise shall have any of the rights of a shareholder with respect to any shares of Time-Vested Deferred Stock or any shares of CDI Stock issuable upon vesting of the Time-Vested Deferred Stock until the date of issuance to the Recipient of such shares of CDI Stock.

Appears in 2 contracts

Samples: Time Vested Deferred Stock Agreement (Cdi Corp), Time Vested Deferred Stock Agreement (Cdi Corp)

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Rights Prior to Issuance of Shares. Neither the Recipient nor any person to whom the Recipient’s rights shall have passed by will or by the laws of descent and distribution or otherwise shall have any of the rights of a shareholder with respect to any shares of Time-Vested Deferred Stock Performance Units or any shares of CDI Stock issuable upon earning and vesting of the Time-Vested Deferred Stock Performance Units until the date of issuance to the Recipient of such shares of CDI Stock.

Appears in 2 contracts

Samples: Performance Units Agreement (Cdi Corp), Performance Units Agreement (Cdi Corp)

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