Nature of Units Contract Clauses (16)

Grouped Into 3 Collections of Similar Clauses From Business Contracts

This page contains Nature of Units clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Nature of Units. The Units granted pursuant to this Award are bookkeeping entries only and do not provide the Participant with any dividend, voting or other rights of a shareholder of the Company. The Units shall remain forfeitable at all times unless and to the extent the vesting conditions set forth in this Agreement are satisfied.
Found in Proto Labs, Inc. contract
Nature of Units. The Units granted pursuant to this Award are bookkeeping entries only and do not provide the Participant you with any dividend, voting or other rights of a shareholder of the Company. Company except as set forth in Section 4. The Units shall remain forfeitable at all times unless and to the extent the vesting conditions set forth in this Agreement are satisfied.
Found in SPS Commerce, Inc. contract
Nature of Units. The Units granted pursuant to this Award are bookkeeping entries only and do not provide the Participant you with any dividend, voting or other rights of a shareholder of the Company. The Units shall remain forfeitable at all times unless and to the extent the vesting conditions set forth in this Agreement are satisfied.
Found in Proto Labs, Inc. contract
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Nature of Units. The Units represent book-keeping entries only, and constitute the Company's unfunded and unsecured promise to issue Shares to you on a future date. As a holder of Units, you have no rights other than the rights of a general creditor of the Company.
Found in Paychex Inc. contract
Nature of Units. The Units represent book-keeping entries only, and constitute the Company's unfunded and unsecured promise to issue Shares shares of Common Stock to you on a future date. As a holder of Units, you have no rights other than the rights of a general creditor of the Company.
Found in Paychex Inc. contract
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Nature of Units. The Units granted pursuant to this Award are bookkeeping entries only and do not provide the Participant with any dividend, voting or other rights of a stockholder of the Company. The Units shall remain forfeitable at all times unless and to the extent the vesting conditions set forth in Section 3 of this Notice are satisfied. Neither this Award nor the Units may be sold, transferred, assigned, encumbered or otherwise disposed of, except by will or the laws of descent and distribution in the eve...nt of the Participant's death. Any attempt to otherwise transfer the Units or this Award shall be void and without effect. View More Arrow
Found in BUFFALO WILD WINGS INC contract
Nature of Units. The Units granted pursuant to this Award are bookkeeping entries only and do not provide the Participant with any dividend, voting or other rights of a stockholder of the Company. The Units shall remain forfeitable at all times unless and to the extent the vesting conditions set forth in Section 3 of this Notice are satisfied. Neither this Award nor the Units may be sold, transferred, assigned, encumbered or otherwise disposed Restricted Stock Unit Award of, voluntarily or involuntarily, except ...by will or the laws of descent and distribution in the event of the Participant's death. Any attempt to otherwise transfer the Units or this Award shall be void and without effect. View More Arrow
Found in BUFFALO WILD WINGS INC contract
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