Stockholder Rights; Dividend Equivalents. The Performance Units do not confer on you any rights of a stockholder of the Company unless and until shares of Common Stock are in fact issued to you in connection with the vested Performance Units. However, cash dividends or other cash distributions, if any, shall be paid with respect to the number of shares of Common Stock that ultimately vest under this Agreement as if such shares of Common Stock had been outstanding during the entire period from the Grant Date to the Vesting Date. Any such cash dividends or other cash distributions shall vest and be paid in cash if and at such times the underlying Performance Units vested.
Stockholder Rights; Dividend Equivalents. The Restricted Stock Units do not confer on you any rights of a stockholder of the Company unless and until shares of Common Stock are in fact issued to you in connection with the vested Restricted Stock Units. However, if and when cash dividends or other cash distributions are paid or distributed with respect to the Common Stock while the Restricted Stock Units are outstanding, the dollar amount of such dividends or distributions with respect to the number of shares of Common Stock then underlying the Restricted Stock Units shall be reflected in your account. Any such cash dividends or other cash distributions shall vest and be paid in cash if and at such times the underlying Restricted Stock Units are vested and paid.
Stockholder Rights; Dividend Equivalents. The Performance Units will not confer upon you any rights or privileges of a stockholder of the Company, except that at such time as the Unit Value of all Series FY02-6 Performance Units granted to you has been paid to you (or on your behalf), you will receive dividend equivalents on the Performance Units if, as, and when dividends are paid on Celera Genomics Stock, provided that dividend equivalents will not be paid on any Performance Unit following payment of the Unit Value or termination or expiration of such Performance Unit.
Stockholder Rights; Dividend Equivalents. (a) Subject to Paragraph 4(b) below, Participant shall not have any stockholder rights, including voting or dividend rights, with respect to the Shares underlying the RSUs subject to the Award until Participant becomes the record holder of those Shares following their actual issuance upon the Corporation’s collection of the applicable Withholding Taxes.
Stockholder Rights; Dividend Equivalents. The Performance Units do not confer on you any rights of a stockholder of the Company unless and until shares of Common Stock are in fact issued to you in connection with the vested Performance Units. No dividend equivalents shall be paid with respect to unvested Performance Units.
Stockholder Rights; Dividend Equivalents. The Performance Units will not confer upon you any rights or privileges of a stockholder of the Company, except that prior to the payment of the Unit Value or termination or expiration of any Performance Unit you will receive dividend equivalents on such Performance Unit if, as, and when dividends are paid on Celera Genomics Stock.
Stockholder Rights; Dividend Equivalents. The Restricted Stock Units do not confer to you any rights of a stockholder of the Company unless and until shares of common stock are in fact issued to such person in connection with the Restricted Stock Units. However, if and when dividends or other distributions are paid with respect to the common stock while the Restricted Stock Units are outstanding, the dollar amount or fair market value of such dividends or distributions with respect to the number of shares of common stock then underlying the Restricted Stock Units shall be converted into additional Restricted Stock Units based on the fair market value of the common stock as of the date such dividends or distributions were payable, and such additional Restricted Stock Units shall be credited to your account under Section 5 hereof and shall be subject to the same transfer restrictions and conversion provisions as apply to the Restricted Stock Units with respect to which they relate.
Stockholder Rights; Dividend Equivalents. The Performance Share Units do not confer on the Grantee any rights of a stockholder of the Company unless and until shares of Common Stock are in fact issued to the Grantee in connection with the vesting of Performance Share Units. However, to the extent that cash dividends or other cash distributions are paid or distributed with respect to the Common Stock during the Performance Period, the Grantee shall be entitled to a payment of cash equal to the value of such distributions on the number of Performance Share Units that become vested under this Award, which amount, if any, shall be paid in cash at the same time shares of Common Stock are delivered to the Grantee (or the Grantee’s estate in the event of death) in settlement of vested Performance Share Units under this Award.
Stockholder Rights; Dividend Equivalents. The Grantee shall not be, nor have any of the rights or privileges of, a stockholder of the Company in respect of any shares of Common Stock corresponding to Deferred Stock Units granted hereunder unless and until certificates representing such shares shall have been issued by the Company to the Grantee or such ownership has otherwise been indicated and documented by the Company. From and after the Grant Date and until the earlier of (a) the time when the Deferred Stock Units become nonforfeitable and are paid in accordance with this Article 4 or (b) the time when the Grantee’s right to receive payment for the Deferred Stock Units is forfeited in accordance with the provisions of this Agreement, on the date that the Company pays a cash dividend (if any) to holders of Shares generally, the Grantee shall be credited with additional Deferred Stock Units (rounded to the nearest whole Deferred Stock Unit) equal to the quotient of (x) the product of (i) the dividend declared per Share multiplied by (ii) the number of Deferred Stock Units evidenced by this Agreement (plus any previously-credited dividend equivalents), divided by (y) the Fair Market Value of a Share on the date such dividend is paid to shareholders. Any amounts credited pursuant to the immediately preceding sentence shall be subject to the same applicable terms and conditions (including vesting, payment and forfeitability) as apply to the Deferred Stock Units based on which the dividend equivalents were credited, and such additional Deferred Stock Units shall be paid in Shares at the same time as the Deferred Stock Units to which they relate are paid.
Stockholder Rights; Dividend Equivalents. (a) Neither the Participant nor the Participant’s representative will have any rights as a stockholder with respect to any Shares underlying the Restricted Stock Units until the date that the Company is obligated to settle this award by delivery of Shares to the Participant or the Participant’s representative.
