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W.W. Grainger (GWW)
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GWW » Topics » Rights as a Shareholder

This excerpt taken from the GWW 10-K filed Feb 27, 2009.
a. Rights of Shareholder.  The Executive shall not have any voting rights with respect to the Performance Shares.  The Executive shall have no right to receive dividend equivalent payments with respect to the Performance Shares.
 
These excerpts taken from the GWW 10-Q filed Aug 2, 2006.
Rights as a Shareholder. Unless otherwise determined by the Committee at the time of grant, Participants holding Restricted Stock granted hereunder may exercise full voting rights and other rights as a Shareholder with respect to those Shares during the period of restriction. Holders of Phantom Stock rights shall not be deemed Shareholders and, except to the extent provided in accordance with the Plan, shall have no rights related to any Shares.

8.4.  

16.3 Rights as a Shareholder. Except as otherwise provided herein, a Participant shall have none of the rights of a shareholder with respect to Shares covered by any Award until the Participant becomes the record holder of such Shares.

 

EXCERPTS ON THIS PAGE:

10-K
Feb 27, 2009
10-Q (2 sections)
Aug 2, 2006

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