Dividends Equivalents Clause Example with 6 Variations from Business Contracts

This page contains Dividends Equivalents clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Dividends Equivalents. Cash dividends on Shares shall be credited to a dividend book entry account on behalf of the Participant with respect to each Restricted Stock Unit granted to the Participant, provided that such cash dividends shall not be deemed to be reinvested in Shares and will be held uninvested and without interest. The Participant's right to receive any such cash dividends shall vest if and when the related Restricted Stock Unit vests, and such cash dividends shall be paid in cash to the Participant if an...d when the related Restricted Stock Unit is paid to the Participant. Stock dividends on Shares shall be credited to a dividend book entry account on behalf of the Participant with respect to each Restricted Stock Unit granted to the Participant. The Participant's right to receive any such stock dividends shall vest if and when the related Restricted Stock Unit vests, and such stock dividends shall be paid in stock to the Participant if and when the related Restricted Stock Unit is paid to the Participant. View More
Found in Henry Schein contract

Variations of a "Dividends Equivalents" Clause from Business Contracts

Dividends Equivalents. Cash dividends on Shares shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant with respect to each Restricted Stock Unit granted to the a Participant, provided that such cash dividends shall not be deemed to be reinvested in Shares shares of Common Stock and will be held uninvested and without interest. The Participant's right to receive any such interest and paid in cash dividends shall vest if and when the related Restricted Stock Unit vests, a...nd such cash dividends shall be paid in cash to the Participant if and when the related Restricted Stock Unit is paid to the Participant. vests. Stock dividends on Shares shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant with respect to each Restricted Stock Unit granted to a Participant, provided that the Participant. The Participant's right Participant shall not be entitled to receive any such stock dividends shall vest if dividend unless and when until the related Restricted Stock Unit vests, and such stock dividends shall be paid in stock to the Participant if and when the related Restricted Stock Unit is paid to the Participant. vests. View More
Found in Henry Schein contract
Dividends Equivalents. Cash dividends on Shares shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant with respect to each Restricted Stock Unit the maximum Adjusted Units that could be granted to the Participant, provided 2 that such cash dividends shall not be deemed to be reinvested in Shares shares of Common Stock and will be held uninvested and without interest. The Participant's right to receive any such cash dividends shall vest if and when the related Restricted... Stock Unit vests, and such cash dividends shall be paid in cash to the Participant if and when the related Restricted Stock Adjusted Unit is paid to the Participant. Stock dividends on Shares shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant with respect to each Restricted Stock Unit the maximum Adjusted Units that could be granted to the Participant. The Participant's right to receive any such stock dividends shall vest if and when the related Restricted Stock Unit vests, and such stock dividends shall be paid in stock to the Participant if and when the related Restricted Stock Adjusted Unit is paid to the Participant. View More
Found in CELGENE CORP contract
Dividends Equivalents. Cash dividends on Shares shall be credited to a dividend book entry account on behalf of the Participant with respect to each Restricted Stock Unit granted to the a Participant, provided that such cash dividends shall not be deemed to be reinvested in Shares and will be held uninvested and without interest. The Participant's right to receive any such interest and paid in cash dividends shall vest if and when the related Restricted Stock Unit vests, and such cash dividends shall be paid in cash t...o the Participant if and when the related Restricted Stock Unit is paid to the Participant. vests. Stock dividends on Shares shall be credited to a dividend book entry account on behalf of the Participant with respect to each Restricted Stock Unit granted to a Participant, provided that the Participant. The Participant's right Participant shall not be entitled to receive any such stock dividends shall vest if dividend unless and when until the related Restricted Stock Unit vests, and such stock dividends shall be paid in stock to the Participant if and when the related Restricted Stock Unit is paid to the Participant. vests. View More
Found in Henry Schein contract
Dividends Equivalents. Cash dividends on Shares shall be credited to a dividend book entry account on behalf of the Participant with respect to each Restricted Stock Unit granted to the a Participant, provided that such cash dividends shall not be deemed to be reinvested in Shares and will be held uninvested and without interest. The Participant's right to receive any such interest and paid in cash dividends shall vest if and when the related Restricted Stock Unit vests, and such cash dividends shall be paid in cash t...o the Participant if and when the related Restricted Stock Unit is paid to the Participant. vests. Stock dividends on Shares shall be credited to a dividend book entry account on behalf of the Participant with respect to each Restricted Stock Unit granted to a Participant, provided that the Participant. The Participant's right Participant shall not be entitled to receive any such stock dividends shall vest if dividend unless and when until the related Restricted Stock Unit vests, and such stock dividends shall be paid in stock to the Participant if and when the related Restricted Stock Unit is paid to the Participant. vests. View More
Found in 2 Contracts from Henry Schein
Dividends Equivalents. Cash dividends on Shares shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant with respect to the each Issued Restricted Stock Unit granted awarded to the Participant, provided provided, that such cash dividends shall not be deemed to be reinvested in Shares shares of Common Stock and will be held uninvested and without interest. The Participant's right to receive any such cash dividends shall vest if and when the related Issued Restricted Stock ...Unit vests, and such cash dividends shall be paid in cash to the Participant if and when the related Issued Restricted Stock Unit is paid to the Participant. Stock dividends on Shares shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant with respect to each Issued Restricted Stock Unit granted awarded to the Participant. The Participant's right to receive any such stock dividends shall vest if and when the related Issued Restricted Stock Unit vests, and such stock dividends shall be paid in stock to the Participant if and when the related Issued Restricted Stock Unit is paid to the Participant. View More
Found in Shake Shack Inc. contract
Dividends Equivalents. Cash dividends on Shares shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant with respect to each Restricted Stock Unit granted awarded to the Participant, provided provided, that such cash dividends shall not be deemed to be reinvested in Shares shares of Common Stock and will be held uninvested and without interest. The Participant's right to receive any such cash dividends shall vest if and when the related Restricted Stock Unit vests, and su...ch cash dividends shall be paid in cash to the Participant if and when the related Restricted Stock Unit is paid to the Participant. Stock dividends on Shares shares of Common Stock shall be credited to a dividend book entry account on behalf of the Participant with respect to each Restricted Stock Unit granted awarded to the Participant. The Participant's right to receive any such stock dividends shall vest if and when the related Restricted Stock Unit vests, and such stock dividends shall be paid in stock to the Participant if and when the related Restricted Stock Unit is paid to the Participant. View More
Found in 2 Contracts from Shake Shack Inc.