Common use of When do I become a stockholder Clause in Contracts

When do I become a stockholder. You are not a stockholder merely as a result of holding Restricted Stock Units. The Restricted Stock Units will not entitle you to any shareholder rights, including the right to vote the Shares or receive dividends, notices of meetings, proxy statements and other materials provided to stockholders, until the restrictions lapse at vesting and the Restricted Stock Units are paid out in Shares. In this regard, you are not recorded as the owner of the Shares prior to vesting. You should refer to your Agreement for details of the consequences of a change in the nature of your employment.

When do I become a stockholder. You are not a stockholder merely as a result of holding Restricted Stock Units. The Restricted Stock Units will not entitle you to any shareholder rights, including the right to vote the Shares or receive dividends, notices of shareholder meetings, proxy statements and or other materials provided to stockholders, stockholders until the restrictions lapse lapse, at vesting and which time the Restricted Stock Units are paid out will vest and will be settled in Shares. In this regard, you You are not recorded as the considered an owner of the Shares prior unless and until the Shares are issued to you upon vesting. You should refer to your Agreement for details of the consequences of a change in the nature of your employment.