Voting and Dividends. The Participant will have the right to vote the shares of Restricted Stock awarded hereunder. Any cash dividends declared on the non-vested Restricted Stock (and any earnings thereon) shall be immediately distributed to the Participant.
Appears in 8 contracts
Sources: Restricted Stock Award Agreement (Berkshire Hills Bancorp Inc), Restricted Stock Award Agreement (Standard Financial Corp.), Restricted Stock Award Agreement (Standard Financial Corp.)
Voting and Dividends. The Participant will have the right to vote the shares of Restricted Stock awarded hereunder. Any cash dividends declared on the non-vested shares of Restricted Stock that have not vested (and any earnings thereon) shall be immediately distributed to the Participant.
Appears in 7 contracts
Sources: Restricted Stock Award Agreement (Sugar Creek Financial Corp./Md/), Restricted Stock Award Agreement (Poage Bankshares, Inc.), Restricted Stock Award Agreement (Poage Bankshares, Inc.)
Voting and Dividends. The Participant will shall have the right to vote the shares of Restricted Stock awarded hereunder. Any cash dividends or distributions declared on and paid with respect to shares of Stock subject to the non-vested Restricted Stock (and any earnings thereon) shall Award, other than a stock dividend consisting of shares of Stock, will be immediately distributed to the Participant.
Appears in 4 contracts
Sources: Restricted Stock Award (Northwest Bancshares, Inc.), Restricted Stock Award (Northwest Bancshares, Inc.), Restricted Stock Award (Territorial Bancorp Inc.)
Voting and Dividends. The Participant will have the right to vote the shares of Restricted Stock awarded hereunder. Any cash dividends declared on the non-vested Restricted Stock (and any earnings thereon) shall be immediately delayed and distributed to the ParticipantParticipant at the time when the Restricted Stock vests.
Appears in 2 contracts
Sources: Restricted Stock Award Agreement (Berkshire Hills Bancorp Inc), Restricted Stock Award Agreement (Berkshire Hills Bancorp Inc)
Voting and Dividends. The Participant will have the right to vote the shares of Restricted Stock awarded hereunder. Any cash dividends declared on the non-vested Restricted Stock (and any earnings thereon) shall be immediately held and distributed to the ParticipantParticipant within ten business days of the vesting of the underlying share of Restricted Stock.
Appears in 2 contracts
Sources: Restricted Stock Award Agreement (Colonial Financial Services, Inc.), Restricted Stock Award Agreement (Colonial Financial Services, Inc.)
Voting and Dividends. The Participant will have the right to vote the shares of Restricted Stock awarded hereunder. Any cash dividends declared on the non-vested Restricted Stock (and any earnings thereon) shall be immediately delayed and distributed to the ParticipantParticipant at the time when the Restricted Stock is distributed to the Participant under Section 5 of this Agreement.
Appears in 1 contract
Sources: Restricted Stock Award Agreement (Berkshire Hills Bancorp Inc)
Voting and Dividends. 6.1 The Participant will have the right to vote the shares of Restricted Stock awarded hereunder. .
6.2 Any cash dividends or distributions (other than a stock dividend consisting of shares of Stock) declared on and paid with respect to shares of Stock subject to the non-vested Restricted Stock (and any earnings thereon) Award, without regard to vesting status, shall be immediately distributed to the Participant.
Appears in 1 contract
Sources: Restricted Stock Award Agreement (Lake Shore Bancorp, Inc. /MD/)