Common use of Voting; Distributions Clause in Contracts

Voting; Distributions. Regardless of whether the restrictions imposed by Paragraph 1 hereof have lapsed, the Participant shall have the right to vote the Shares granted hereunder to the extent the Participant is a shareholder of record on any applicable record date with respect to such Shares. To the extent that the restrictions imposed by Paragraph 1 have not lapsed with respect to Shares, distributions (other than tax distributions), whether in cash, securities or other property, with respect to such Shares shall be held by the Company and distributed when the restrictions lapse.

Appears in 3 contracts

Samples: Restricted Share Agreement (Seagate Technology Malaysia Holding Co Cayman Islands), Restricted Share Agreement (Seagate Technology Malaysia Holding Co Cayman Islands), Restricted Share Agreement (Seagate Technology Malaysia Holding Co Cayman Islands)

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Voting; Distributions. Regardless of whether the restrictions --------------------- imposed by Paragraph 1 hereof have lapsed, the Participant shall have the right to vote the Shares granted hereunder to the extent the Participant is a shareholder of record on any applicable record date with respect to such Shares. To the extent that the restrictions imposed by Paragraph 1 have not lapsed with respect to Shares, distributions (other than tax distributions), whether in cash, securities or other property, with respect to such Shares shall be held by the Company and distributed when the restrictions lapse.

Appears in 2 contracts

Samples: Restricted Share Agreement (Seagate Technology Holdings), Restricted Share Agreement (Seagate Technology Holdings)

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Voting; Distributions. Regardless of whether the restrictions --------------------- imposed by Paragraph 1 hereof have lapsed, the Participant shall have the right to vote the Shares granted hereunder to the extent the Participant is a shareholder of record on any applicable record date with respect to such Shares. To the extent that the restrictions imposed by Paragraph 1 have not lapsed with respect to Shares, distributions (other than tax distributions), whether in cash, securities or other property, with respect to such Shares shall be held by the Company and distributed ratably when the restrictions lapse.

Appears in 1 contract

Samples: Restricted Share Agreement (Seagate Technology Holdings)

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