Common use of Shareholder Status Clause in Contracts

Shareholder Status. During the applicable restricted periods, Grantee will have customary rights of a shareholder with respect to the shares registered in Grantee's name, including the rights to vote and to receive dividends on the shares, subject to the restrictions on transfer, possible events of forfeiture, and potential dividend reinvestment provided in this Agreement. However, before the shares are registered in Grantee's name, Grantee will not be a shareholder of the Corporation and will not be entitled to dividends with respect to those shares.

Appears in 10 contracts

Samples: Restricted Stock Agreement (Exxon Mobil Corp), Restricted Stock Agreement (Exxon Mobil Corp), Restricted Stock Agreement (Exxon Mobil Corp)

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Shareholder Status. During the applicable restricted periods, Grantee will have customary rights of a shareholder with respect to the shares registered in Grantee's ’s name, including the rights to vote and to receive dividends on the shares, subject to the restrictions on transfer, transfer and the possible events of forfeiture, and potential dividend reinvestment forfeiture provided in this Agreement. However, before the shares are registered in Grantee's name, ’s name Grantee will not be a shareholder of the Corporation and will not be entitled to dividends with respect to those shares.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Exxon Mobil Corp), Restricted Stock Agreement (Exxon Mobil Corp)

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