Common use of Xxxxxx and Dividend Rights Clause in Contracts

Xxxxxx and Dividend Rights. The holders of Stock Units shall have no voting rights. Prior to settlement or forfeiture, any Stock Unit awarded under the Plan may, at the COURSERA, INC. 2021 STOCK INCENTIVE PLAN Committee’s discretion, carry with it a right to dividend equivalents. Such right entitles the holder to be credited with an amount equal to all cash dividends paid on one Share while the Stock Unit is outstanding. Dividend equivalents may be converted into additional Stock Units. Settlement of dividend equivalents may be made in the form of cash, in the form of Shares, or in a combination of both. Dividend equivalents shall not be distributed prior to settlement of the Stock Unit to which the dividend equivalents pertain. Prior to distribution, any dividend equivalents shall be subject to the same conditions and restrictions (including without limitation, any forfeiture conditions) as the Stock Units to which they attach. The value of dividend equivalents payable or distributable with respect to any unvested Stock Units that do not vest shall be forfeited.

Xxxxxx and Dividend Rights. The holders of Stock Share Units shall have no voting rights. Prior to settlement or forfeiture, any Stock Share Unit awarded under the Plan may, at the COURSERA, INC. 2021 STOCK INCENTIVE PLAN Committee’s discretiondiscretion and subject to compliance with any applicable laws, rules or regulations, carry with it a right to dividend equivalents. Such right entitles the holder to be credited with an amount equal to all cash dividends paid on one Share while the Stock Share Unit is outstanding. Dividend equivalents may be converted into additional Stock Share Units. Settlement of dividend equivalents may be made in the form of cash, in the form of Shares, or in a combination of both. Dividend equivalents shall not be distributed prior to settlement of the Stock Share Unit to which the dividend equivalents pertain. Prior to distribution, any dividend equivalents shall be subject to the same conditions and restrictions (including including, without limitation, any forfeiture conditions) as the Stock Share Units to which they attach. The value of dividend equivalents payable or distributable with respect to any unvested Stock Share Units that do not vest shall be forfeited.. CENNTRO ELECTRIC GROUP LIMITED 2022 STOCK INCENTIVE PLAN