Privilege of Stock Ownership Clause Example with 14 Variations from Business Contracts

This page contains Privilege of Stock Ownership clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Privilege of Stock Ownership. No Participant shall have any of the rights of a stockholder with respect to any Shares until the Shares are issued to the Participant. After Shares are issued to the Participant, the Participant shall be a stockholder and have all the rights of a stockholder with respect to such Shares, including the right to vote and receive all dividends or other distributions made or paid with respect to such Shares; provided, however, that if such Shares are Restricted Stock, then any new, additional or dif...ferent securities the Participant may become entitled to receive with respect to such Shares by virtue of a stock dividend, stock split or any other change in the corporate or capital structure of the Company shall be subject to the same restrictions as the Restricted Stock. View More

Variations of a "Privilege of Stock Ownership" Clause from Business Contracts

Privilege of Stock Ownership. No Participant shall will have any of the rights of a stockholder with respect to any Shares until the Shares are issued to the Participant. After Shares are issued to the Participant, the Participant shall will be a stockholder and have all the rights of a stockholder with respect to such Shares, including the right to vote and receive all dividends or other distributions made or paid with respect to such Shares; provided, however, that if such Shares are Restricted Stock, then any new, additio...nal or different securities the Participant may become entitled to receive with respect to such Shares by virtue of a stock dividend, stock split or any other change in the corporate or capital structure of the Company shall will be subject to the same terms, conditions and restrictions as the Restricted Stock. Shares with respect to which the dividend or distribution is made. View More
Privilege of Stock Ownership. No Participant shall will have any of the rights of a stockholder shareholder with respect to any Shares until the Shares are issued to the Participant. After Shares are issued to the Participant, the Participant shall will be a stockholder shareholder and have all the rights of a stockholder shareholder with respect to such Shares, including the right to vote and receive all dividends or other distributions made or paid with respect to such Shares; provided, however, that if such Shares are Res...tricted Stock, then any new, additional or different securities the Participant may become entitled to receive with respect to such Shares by virtue of a stock dividend, stock split or any other change in the corporate or capital structure of the Company shall will be subject to the same restrictions as the Restricted Stock. The Participant will have no -7- right to retain such stock dividends or stock distributions with respect to Unvested Shares that are repurchased pursuant to Section 12 hereof. View More
Privilege of Stock Ownership. No Participant shall will have any of the rights of a stockholder with respect to any Shares until the Shares are issued to the a Participant. After Shares are issued to the a Participant, the a Participant shall will be a stockholder and have all the rights of a stockholder with respect to such Shares, including the right to vote and receive all any dividends or other distributions made or paid with respect to such Shares; provided, however, that if such Shares are Restricted Stock, then any ne...w, additional or different securities the a Participant may become entitled to receive with respect to such Shares by virtue of a stock dividend, stock split or any other change in the corporate or capital structure of the Company shall will be subject to the same restrictions as the Restricted Stock. View More
Privilege of Stock Ownership. No Participant shall will have any of the rights of a stockholder with respect to any Shares until the Shares are issued to the Participant. After Shares are issued to the Participant, the Participant shall will be a stockholder and have all the rights of a stockholder with respect to such Shares, including the right to vote and receive all dividends or other distributions made or paid with respect to such Shares; provided, however, that if such Shares are Restricted Stock, then any new, additio...nal or different securities the Participant may become entitled to receive with respect to such Shares by virtue of a stock dividend, stock split or any other change in the corporate or capital structure of the Company shall will be subject to the same restrictions as the Restricted Stock. The Participant will have no right to retain such stock dividends or stock distributions with respect to Unvested Shares that are repurchased pursuant to Section 11 hereof. View More