Terms and Conditions Clause Example from Business Contracts

This example Terms and Conditions clause appears in 6 contracts from 4 companies

Terms and Conditions. The Participant will have the right to vote the shares of Restricted Stock awarded hereunder. Any cash dividends or distributions declared and paid with respect to shares of Stock subject to the Restricted Stock Award will be immediately distributed to the Participant. Any stock dividends declared and paid with respect to shares of Stock subject to the Restricted Stock Award will be issued subject to the same restrictions and the same vesting schedule as the underlying share of Stock on which th...e dividend was declared. View More