Rights to Shares. The Seller owns and has valid and marketable title to the Shares to be sold by the Seller, free and clear of all Liens and there are no actions, suits, proceedings or claims pending, with respect to or in any manner affecting the ownership of the Shares being sold by the Seller. Upon delivery at the Closing by the Seller of the Shares to be sold by the Seller pursuant to this Agreement, valid, marketable and unencumbered title to such Shares, free and clear of any Liens, will pass to the Purchaser of such Shares.
Rights to Shares. Grantee shall not have any rights to the Shares subject to the Award, including without limitation, voting rights and rights to dividends, unless and until the Shares shall have been issued by the Company and held of record by or for benefit of Grantee.
Rights to Shares. Grantee shall not have any rights to the Shares subject to the Award, including without limitation, voting rights and rights to dividends, unless and until the Shares shall have been issued by the Company and held of record by or for the benefit of Grantee. The Restricted Stock Units shall include a right to Dividend Equivalents equal to the value of any dividends paid on the Common Stock for which the dividend record date occurs between the Grant Date and the date the Restricted Stock Units are settled or forfeited. Subject to vesting, each Dividend Equivalent entitles Grantee to receive the equivalent cash value of any such dividends paid on the number of Shares underlying the Restricted Stock Units that are outstanding during such period. Dividend Equivalents will be accrued (without interest) and will be subject to the same conditions as the Restricted Stock Units to which they are attributable, including, without limitation, the vesting conditions and the provisions governing the time and form of settlement of the Restricted Stock Units.
Rights to Shares. Grantee shall not have any rights to the Shares subject to the Award, including without limitation, voting rights and rights to dividends, unless and until the Shares shall have been issued by the Company and held of record by or for the benefit of Grantee. The Performance Stock Units shall include a right to Dividend Equivalents equal to the value of any dividends paid on the Common Stock for which the dividend record date occurs between the Grant Date and the date the Performance Stock Units are settled or forfeited. Subject to vesting, each Dividend Equivalent entitles Grantee to receive the equivalent cash value of any such dividends paid on the number of Shares underlying the Performance Stock Units that are outstanding during such period. Dividend Equivalents will be accrued (without interest) and will be subject to the same conditions as the Performance Stock Units to which they are attributable, including, without limitation, the vesting conditions and the provisions governing the time and form of settlement of the Performance Stock Units.
Rights to Shares issue or offer any other securities which confer a right to Shares (or any interest therein) or enter into any agreement to do so;
Rights to Shares. The Shareholder is the record or beneficial owner (in his individual capacity or otherwise) and/or possesses the authority to vote the Shares set forth on Schedule I hereto, free and clear of any liens and any other limitations or restrictions (including any restriction on the right to vote or otherwise dispose of such Shares). Other than the agreement attached hereto as Schedule II, none of the Shares held by the Shareholder is subject to any voting trust, irrevocable proxy or other agreement or arrangement with respect to the voting of such Shares (other than this Agreement).
Rights to Shares. Neither the Employee nor any other person shall, by reason of the SMSD Plan, acquire any right in or title to any assets, funds or property of the Company whatsoever prior to the date shares of Stock are distributed. The Employee shall have only a contractual right to the shares and cash distributable under the SMSD Plan, unsecured by any assets of the Company or any subsidiary.
Rights to Shares. So long as no Event of Default (as defined in Section 4 below) shall have occurred and be continuing, Executive shall have all voting and other consensual rights with respect to the Shares. All dividends on or distributions with respect to the Shares shall be paid over to the Company and applied as set forth in subsection 2.1 hereof. Upon an Event of Default, all voting rights of the Executive respecting the Shares shall automatically cease without notice or further action.
Rights to Shares. The Majority Shareholder is the record or beneficial owner (in his individual capacity or otherwise) and/or possess the authority to vote the Shares set forth on Schedule 1 hereto, free and clear of any liens and any other limitations or restrictions (including any restriction on the right to vote or otherwise dispose of such Shares). None of the Shares held by the Majority Shareholder are subject to any voting trust, irrevocable proxy or other agreement or arrangement with respect to the voting of such Shares (other than this Agreement).
Rights to Shares. Subject to the terms and conditions of this Agreement, Purchaser will have all of the rights to the Shares from and after the date that Purchaser delivers payment of the Purchase Price until such time as Purchaser disposes of the Shares.
