Common use of Rights with Respect to the PSUs Clause in Contracts

Rights with Respect to the PSUs. The PSUs granted hereunder do not and shall not give you any of the rights and privileges of a shareholder of Stock. Your rights with respect to the PSUs shall remain forfeitable at all times prior to the date or dates on which such rights become vested, and the restrictions with respect to the PSUs lapse, in accordance with Sections 3 or 4 hereof. Your right to receive cash payments and other distributions with respect to the PSUs is more particularly described in Sections 7(b) and (c) hereof.

Appears in 12 contracts

Samples: Performance Stock Unit Award Agreement (Darden Restaurants Inc), Performance Stock Unit Award Agreement (Darden Restaurants Inc), Performance Stock Unit Award Agreement (Darden Restaurants Inc)

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Rights with Respect to the PSUs. The PSUs granted hereunder do not and shall not give you the Participant any of the rights and privileges of a shareholder of Stockthe Company. Your The Participant’s rights with respect to the PSUs shall remain forfeitable at all times prior to the date or dates on which such rights become vested, and the restrictions with respect to the PSUs lapse, in accordance with Sections 3 or 4 hereof. Your The Participant’s right to receive Shares, cash payments and other distributions with respect to the PSUs is more particularly described in Sections 7(b) and (c) Section 7 hereof.

Appears in 2 contracts

Samples: Performance Stock Unit Award Agreement (KAMAN Corp), Performance Stock Unit Award Agreement (KAMAN Corp)

Rights with Respect to the PSUs. The PSUs granted hereunder do not and shall not give you any of the rights and privileges of a shareholder of Common Stock. Your rights with respect to the PSUs shall remain forfeitable at all times prior to the date or dates on which such rights become vested, and the restrictions with respect to the PSUs lapse, in accordance with Sections 3 or 4 hereof. Your right to receive cash payments and other distributions with respect to the PSUs is more particularly described in Sections 7(b) and (c) Section 7 hereof.

Appears in 1 contract

Samples: Performance Stock Unit Award Agreement (Darden Restaurants Inc)

Rights with Respect to the PSUs. The PSUs granted hereunder do not and shall not give you the Employee any of the rights and privileges of a shareholder of Stockthe Company. Your The Employee’s rights with respect to the PSUs shall remain forfeitable at all times prior to the date or dates on which such rights become vested, and the restrictions with respect to the PSUs lapse, in accordance with Sections 3 or 4 hereof. Your right to receive cash payments 1 and other distributions with respect to the PSUs is more particularly described in Sections 7(b) and (c) 2 hereof.

Appears in 1 contract

Samples: Performance Based Restricted Stock Unit Award Agreement (Del Taco Restaurants, Inc.)

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Rights with Respect to the PSUs. The PSUs granted hereunder do not and shall not give you any of the rights and privileges of a shareholder of Stock. Your rights with respect to the PSUs shall remain forfeitable at all times prior to the date or dates on which such rights become vested, and the restrictions with respect to the PSUs lapse, in accordance with Sections 3 or 4 hereof. Your right to receive cash payments and other distributions with respect to the PSUs is more particularly described in Sections 7(b) and (c) hereof. 3.

Appears in 1 contract

Samples: Performance Stock Unit Award Agreement

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