Common use of Voting and Dividend Rights Clause in Contracts

Voting and Dividend Rights. With respect to the Common Stock covered by this Award for which the restrictions have not lapsed, the Grantee shall have the right to vote such shares, but shall not receive any cash dividends paid with respect to such shares. Any dividend or distribution payable with respect to restricted shares of Common Stock covered by this Award that shall be paid in shares of Common Stock shall be subject to the same restrictions provided for herein. Any other form of dividend or distribution payable on shares of the restricted shares of Common Stock covered by this Award, and any consideration receivable for or in conversion of or exchange for the restricted shares of Common Stock covered by this Award, unless otherwise determined by the Committee, shall be subject to the terms and conditions of this Restricted Stock Award Agreement or with such modifications thereof as the Committee may provide in its absolute discretion.

Appears in 19 contracts

Samples: Restricted Stock Award Agreement (Pier 1 Imports Inc/De), Restricted Stock Award Agreement (Pier 1 Imports Inc/De), Restricted Stock Award Agreement (Pier 1 Imports Inc/De)

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Voting and Dividend Rights. With respect During the period in which the restrictions provided herein are applicable to the Common Stock covered by this Award for which the restrictions have not lapsedAward, the Grantee shall have the right to vote such shares, but shall not shares and to receive any cash dividends paid with respect to such shares. Any dividend or distribution payable with respect to restricted shares of Common Stock covered by this Award that shall be paid in shares of Common Stock shall be subject to the same restrictions provided for herein. Any other form of dividend or distribution (other than cash or Common Stock) payable on shares of the restricted shares of Common Stock covered by this Award, and any consideration receivable for or in conversion of or exchange for the restricted shares of Common Stock covered by this Award, unless otherwise determined by the Committee, shall be subject to the terms and conditions of this Restricted Stock Award Agreement or with such modifications thereof as the Committee may provide in its absolute discretion.

Appears in 9 contracts

Samples: Restricted Stock Award Agreement (Pier 1 Imports Inc/De), Restricted Stock Award Agreement (Pier 1 Imports Inc/De), Restricted Stock Award Agreement (Pier 1 Imports Inc/De)

Voting and Dividend Rights. With respect to the Common Stock covered by this Award for which the restrictions have not lapsed, the Grantee shall have the right to vote such shares, shares but shall not receive any cash dividends paid with respect to such shares. Any dividend or distribution payable with respect to restricted shares of Common Stock covered by this Award that shall be paid in shares of Common Stock shall be subject to the same restrictions provided for herein. Any other form of dividend or distribution payable on shares of the restricted shares of Common Stock covered by this Award, and any consideration receivable for or in conversion of or exchange for the restricted shares of Common Stock covered by this Award, unless otherwise determined by the Committee, shall be subject to the terms and conditions of this Restricted Stock Award Agreement or with such modifications thereof as the Committee may provide in its absolute discretion.

Appears in 5 contracts

Samples: Restricted Stock Award Agreement (Pier 1 Imports Inc/De), Restricted Stock Award Agreement (Pier 1 Imports Inc/De), Restricted Stock Award Agreement (Pier 1 Imports Inc/De)

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Voting and Dividend Rights. With respect to the Common Stock covered by this Award for which the restrictions have not lapsed, the Grantee shall have the right to vote such shares, but shall not receive any cash dividends paid with respect to such shares. Any dividend or distribution payable with respect to restricted shares of Common Stock covered by this Award that shall be paid in shares of Common Stock shall be subject to the same restrictions provided for herein. Any other form of dividend or distribution payable on shares of the restricted shares of Common Stock covered by this Award, and any consideration receivable for or in conversion of or exchange for the restricted shares of Common Stock covered by this Award, unless otherwise determined by the Committee, shall be subject to the terms and conditions of this Restricted Stock Award Agreement or with such modifications thereof as the Committee may provide in its absolute discretion.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Pier 1 Imports Inc/De), Restricted Stock Award Agreement (Pier 1 Imports Inc/De)

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