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MRO » Topics » 7. Shareholder Rights.

These excerpts taken from the MRO 10-Q filed Aug 7, 2007.
5.             Shareholder Rights.  Unless and until the Restricted Shares are forfeited, the Participant shall have the rights of a shareholder with respect to the Restricted Shares as of the Grant Date, including the right to vote the Restricted Shares and the right to receive dividends.  The Participant hereby consents to receiving any dividends on the unvested Restricted Shares through the Corporation’s payroll and, accordingly, directs the Corporation’s transfer agent to pay such dividends to the Corporation on his or her behalf.

7.             Shareholder Rights. The Optionee shall have no rights of a shareholder with respect to the Option Shares unless and until such time as the Option has been exercised and shares of Common Stock have been issued to the Optionee in conjunction with the exercise of the Option.

9.             No Shareholder Rights.  The Participant shall in no way be entitled to any of the rights of a shareholder as a result of this Award Agreement.

EXCERPTS ON THIS PAGE:

10-Q (3 sections)
Aug 7, 2007

RELATED TOPICS for MRO:

"7. Shareholder Rights." elsewhere:

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