No Shareholder Rights Clause Example from Business Contracts

This example No Shareholder Rights clause appears in 5 contracts from 1 company

No Shareholder Rights. The Units subject to this Award do not entitle you to any rights of a shareholder of the Company's Common Stock, including with respect to dividends or dividend equivalents. You will not have any of the rights of a shareholder of the Company in connection with the grant of Units subject to this Agreement unless and until Shares are issued to you upon settlement of the Units as provided in Section 5.