Voting and Dividends. During the Restriction Period and except as otherwise provided in the Plan, Participant shall have the right to vote the Restricted Shares. The Participant shall not be entitled to receive any cash dividends or other distributions, whether in cash, property, or stock of another company, paid to holders of Common Stock during the Restriction Period. Stock dividends and shares issued as a result of any stock-split, if any, issued with respect to the Restricted Shares shall be treated as additional Restricted Shares and shall be subject to the same restrictions and other terms and conditions that apply with respect to, and shall vest or be forfeited at the same time as, the Restricted Shares with respect to which such stock dividends or shares are issued.
Appears in 2 contracts
Sources: Restricted Stock Agreement (Hurco Companies Inc), Restricted Stock Agreement (Hurco Companies Inc)
Voting and Dividends. During the Restriction Period and except as otherwise provided in the Plan, Participant shall have the right to vote the Restricted Shares. The Participant Shares but shall not be entitled have any other rights of a shareholder, including the right to receive any cash dividends or other distributions, whether in cash, property, or stock of another company, paid to holders of Common Stock during on the Restriction PeriodRestricted Shares. Stock dividends and shares issued as a result of any stock-split, if any, issued with respect to the Restricted Shares shall be treated as additional Restricted Shares and shall be subject to the same restrictions and other terms and conditions that apply with respect to, and shall vest or be forfeited at the same time as, the Restricted Shares with respect to which such stock dividends or shares are issued.
Appears in 2 contracts
Sources: Restricted Stock Agreement (Integra Bank Corp), Restricted Stock Agreement (Integra Bank Corp)
Voting and Dividends. During the Restriction Period and except as otherwise provided in the Plan, the Participant shall have the right to vote the Restricted Shares. The Participant Shares but shall not be entitled have any other rights of a shareholder, including the right to receive any cash dividends or other distributions, whether in cash, property, or stock of another company, paid to holders of Common Stock during on the Restriction PeriodRestricted Shares. Stock dividends and shares issued as a result of any stock-split, if any, issued with respect to the Restricted Shares shall be treated as additional Restricted Shares and shall be subject to the same restrictions and other terms and conditions that apply with respect to, and shall vest or be forfeited at the same time as, the Restricted Shares with respect to which such stock dividends or shares are issued.
Appears in 2 contracts
Sources: Restricted Stock Award Agreement (Oak Ridge Financial Services, Inc.), Restricted Stock Award Agreement (Oak Ridge Financial Services, Inc.)
Voting and Dividends. During the Restriction Period and except Except as otherwise provided in this paragraph or the Plan, with respect to the Restricted Shares, Participant shall have all of the rights of a shareholder of the Company, including the right (i) to vote the Restricted Shares. The Participant shall not be entitled Shares and (ii) to receive any cash dividends or other distributions, whether in cash, property, or stock of another company, paid to holders of Common Stock on any Restricted Shares during the Restriction Period. Stock dividends and shares issued as a result of any stock-split, if any, issued with respect to the Restricted Shares shall be treated as additional Restricted Shares and shall be subject to the same restrictions and other terms and conditions that apply with respect to, and shall vest or be forfeited at the same time as, the Restricted Shares with respect to which such stock dividends or shares are issued.
Appears in 1 contract
Voting and Dividends. During the Restriction Period and except as otherwise provided in the Plan, Participant shall have all of the rights of a shareholder of the Company with respect to the Restricted Shares, including the right (i) to vote the Restricted Shares. The Participant shall not be entitled Shares and (ii) to receive any cash dividends or other distributions, whether in cash, property, or stock of another company, paid to holders of Common Stock during on the Restriction PeriodRestricted Shares. Stock dividends and shares issued as a result of any stock-split, if any, issued with respect to the Restricted Shares shall be treated as additional Restricted Shares and shall be subject to the same restrictions and other terms and conditions that apply with respect to, and shall vest or be forfeited at the same time as, the Restricted Shares with respect to which such stock dividends or shares are issued.
Appears in 1 contract
Voting and Dividends. During the Restriction Period and except as otherwise provided in the Plan, Participant shall have all of the rights of a shareholder of the Company with respect to the Restricted Shares, including the right (i) to vote the Restricted Shares. The Participant shall not be entitled Shares and (ii) to receive any cash dividends or other distributions, whether in cash, property, or stock of another company, paid to holders of Common Stock during on the Restriction PeriodRestricted Shares. Stock dividends and shares issued as a result of any stock-split, if any, issued with respect to the Restricted Shares shall be treated as additional Restricted Shares and shall be subject to the same restrictions and other terms and conditions that apply with respect to, and shall vest or be forfeited at the same time as, the Restricted Shares with respect to which such stock dividends or shares are issued.
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