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These excerpts taken from the C 8-K filed Jan 21, 2009. 8. Stockholder
Rights. Participant shall have no rights as a stockholder of
Citigroup over any shares covered by an Award, unless and until shares are
distributed to Participant in connection with an Option exercise.
6. Stockholder
Rights. Participant shall have no rights as a stockholder of
Citigroup over any shares covered by an Award, except to the limited extent that
dividend equivalents may be earned with respect to vested shares prior to their
distribution, as provided in Section 2(b).
This excerpt taken from the C 10-Q filed Oct 31, 2008. 8.
Stockholder Rights. Participant shall have no rights as a
stockholder of Citigroup over any shares covered by an Award, except to the
limited extent provided in the Prospectus for an Award of restricted stock,
unless and until shares are distributed to Participant in connection with the
vesting of a restricted or deferred stock award or an Option exercise. During the vesting period, Participant may
receive dividend or dividend equivalent payments in respect of shares subject
to a restricted or deferred stock award, to the extent provided in the
Prospectus.
This excerpt taken from the C 10-Q filed Aug 3, 2007. 5.
Stockholder Rights. Participant shall have no rights as a
stockholder of Citigroup over any shares covered by an Award, unless and until
shares are distributed to Participant in connection with the vesting of an
Award. No dividend equivalents shall be
paid or accrued in respect of shares subject to an Award prior to the Vesting
Date of the Award, provided, however, that (i) if payment of Participant’s
Award is deferred pursuant to Section 12(a), then Participant shall be entitled
to the amount provided under Section 12(a)(ii) or (ii) if payment of
Participant’s Award is not deferred pursuant to Section 12(a), except as
provided in the following sentence, if the distribution of Participant’s vested
Award shares is made after the Vesting Date, then Participant shall be entitled
to a dollar amount equal to the dollar amount of any cash dividends that would
have been paid to Participant had he or she been a holder of record of the net,
after-tax, number of vested Award shares during the period commencing on the
first business day after the Vesting Date and ending on the date Participant’s
net, after-tax, vested Award shares are distributed in accordance with Section
2 hereof, such amount to be paid to Participant, without interest, on the date
his or her net, after-tax, vested Award shares are distributed. Notwithstanding the foregoing, if Participant
is entitled to a Pro Rata Award pursuant to Section 2(b), neither Participant
nor his or her estate, as the case may be, shall be entitled to any dividends
or dividend equivalents in respect of the shares (if any) subject to the Pro
Rata Award with respect to any period occurring prior to the date on which the
Company is required to distribute such shares to Participant or his or her
estate, as the case may be, in accordance with Section 2(b).
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