Common use of No Ownership Clause in Contracts

No Ownership. Unless and until a certificate or certificates representing Shares shall have been issued by the Company as a result of the vesting of the Performance Unit Award, the Participant shall not have any of the rights or privileges of a stockholder of the Company with respect to the Shares subject to the Performance Unit Award.

Appears in 3 contracts

Sources: Restricted Share Unit Award Agreement (STORE CAPITAL Corp), Restricted Share Unit Award Agreement (STORE CAPITAL Corp), Restricted Share Unit Award Agreement (STORE CAPITAL Corp)