Common use of Rights with Regard to Restricted Stock Clause in Contracts

Rights with Regard to Restricted Stock. You will have the right to vote the Restricted Stock and to receive and retain all regular cash dividends payable to other shareholders of record on and after the Grant Date (although such dividends will be treated, to the extent required by applicable law, as additional compensation for tax purposes), and to exercise all other rights, powers and privileges of a holder of Common Stock with respect to the Restricted Stock set forth in the Plan, except: (i) you will not be entitled to delivery of any unvested Restricted Stock, and the Company (or its designated agent) will retain custody of any such shares; (ii) no part of the Restricted Stock will bear interest or be segregated in separate accounts; and (iii) you may not Transfer any unvested Restricted Stock.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Neustar Inc), Restricted Stock Agreement (Neustar Inc), Restricted Stock Agreement (Neustar Inc)

AutoNDA by SimpleDocs

Rights with Regard to Restricted Stock. You will have the right to vote the Restricted Stock and to receive and retain all regular cash dividends payable to other shareholders of record on and after the Grant Date (although such dividends will be treated, to the extent required by applicable law, as additional compensation for tax purposes), and to exercise all other rights, powers and privileges of a holder of Common Stock with respect to the Restricted Stock set forth in the Plan, except: (i) you will not be entitled to delivery of any unvested Restricted Stock, and the Company (or its designated agent) will retain custody of any such shares; (ii) no part of the Restricted Stock will bear interest or be segregated in separate accounts; and (iii) you may not Transfer any unvested Restricted Stock.

Appears in 1 contract

Samples: Restricted Stock Agreement (Neustar Inc)

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