Example ContractsClausesshareholder rights planVariants
Remove:

Shareholder Rights. Grantee shall have no rights as a shareholder of the Company with respect to the Restricted Stock until the expiration of the Period of Restriction. Among other things, during the Period of Restriction, Grantee shall have no voting rights or rights to dividends or other distributions (if any) with respect to the Restricted Stock. Upon the expiration of the Period of Restriction, Grantee shall have all rights of a shareholder of the Company with respect to the Vested Stock.

Shareholder

Stockholder Rights. During the Period of Restriction in which Grantee holds the Restricted Stock, Grantee shall have no rights asbe entitled to vote such Restricted Stock and the Company shall credit to a shareholder of the Companynon-interest bearing account on its books for Grantee any cash dividends paid with respect to thesuch Shares of Restricted Stock untilwhile they are so held, and such dividends shall be paid to Grantee if and when Grantee’s rights vest at the expirationend of the Period of Restriction. Among other things, duringThe Company will pay the Period of Restriction,cash dividends to Grantee as soon as practical after each Vesting Date. Any dividends credited to Grantee’s non-interest bearing account shall have no voting rights or rights to dividends or other distributions (if any) with respect tobe forfeited in the event the Restricted Stock. Upon the expiration of the Period of Restriction, Grantee shall have all rights of a shareholder of the Company with respect to the Vested Stock.Stock are forfeited.

Shareholder Rights. Grantee shall have no rights

Rights as a shareholder of the Company with respect to the Restricted Stock until the expiration of the Period of Restriction. Among other things, duringShareholder. During the Period of Restriction, Grantee shall have noParticipants holding shares of Restricted Stock granted hereunder may exercise full voting rights or rights to dividends or other distributions (if any) with respect to the Restricted Stock. Upon the expiration of the Period of Restriction, Granteethose shares and shall havebe entitled to receive all rights of a shareholder of the Companydividends and other distributions paid with respect to those shares while they are so held. If any dividends or distributions are paid in shares of Stock, the Vested Stock.shares shall be subject to the same restrictions on transferability as the shares of Restricted Stock with respect to which they were paid.

Shareholder Rights.

Rights as Stockholder. On and after the Grant Date, and except to the extent provided in the Plan and this Agreement, the Grantee shall have no rights as a shareholderwill be entitled to all of the Companyrights of a stockholder with respect to the Restricted Stock, including the right to vote the Restricted Stock until the expiration of the Period of Restriction. Among other things, during the Period of Restriction, Grantee shall have no voting rights or rightsand to receive dividends orand other distributions (if any)payable with respect to the Restricted Stock. Upon the expiration of the Period of Restriction, Grantee shall have all rights of a shareholder of the Company with respect to the Vested Stock.

Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.