Dividends etc Clause Example with 4 Variations from Business Contracts

This page contains Dividends etc 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 etc. The Grantee shall be entitled to (a) receive any and all dividends or other distributions paid with respect to those shares of Stock of which he or she is the record owner on the record date for such dividend or other distribution, and (b) vote any shares of Stock of which he or she is the record owner on the record date for such vote; provided, however, that any property (other than cash) distributed with respect to a share of Stock (the "associated share") acquired hereunder, including without... limitation a distribution of Stock by reason of a stock dividend, stock split or otherwise, or a distribution of other securities with respect to an associated share, shall be subject to the restrictions of this Agreement in the same manner and for so long as the associated share remains subject to such restrictions, and shall be promptly forfeited if and when the associated share is so forfeited; and further provided, that the Administrator may require that any cash distribution with respect to the shares of Stock be placed in escrow or otherwise made subject to such restrictions as the Administrator deems appropriate to carry out the intent of the Plan. References in this Section 7 to Stock shall refer, mutatis mutandis, to any shares of Restricted Stock. View More Arrow

Variations of a "Dividends etc" Clause from Business Contracts

Dividends etc. The Grantee Participant shall be entitled to (a) (i) receive any and all dividends or other distributions paid with respect to those shares of Stock Shares of which he or she the Participant is the record owner on the record date for such dividend or other distribution, and (b) (ii) vote any shares of Stock Shares of which he or she the Participant is the record owner on the record date for such vote; provided, however, that any property (other than cash) distributed with respect to a share of S...tock (the "associated share") acquired hereunder, including without limitation a distribution of Stock by reason of a stock dividend, stock split or otherwise, or a distribution of other securities with respect to an associated share, shall be subject to the restrictions of this Agreement in the same manner and for so long as the associated share remains subject to such restrictions, and shall be promptly forfeited if and when the associated share is so forfeited; and further provided, that the Administrator may require that any cash distribution with respect to the shares of Stock Shares other than a normal cash dividend be placed in escrow or otherwise made subject to such restrictions as the Administrator deems appropriate to carry out the intent of the Plan. References in this Section 7 Agreement to Stock the Shares shall refer, mutatis mutandis, to any shares of Restricted Stock. such restricted amounts. View More Arrow
Dividends etc. The Grantee shall be entitled to (a) (i) receive any and all dividends or other distributions paid with respect to those shares of Stock vested and unvested Shares of which he or she the Grantee is the record owner on the record date for such dividend or other distribution, and (b) (ii) vote any shares of Stock Shares of which he or she the Grantee is the record owner on the record date for such vote; provided, however, that any property (other than cash) distributed with respect to a share of S...tock Share (the "associated share") "Associated Share") acquired hereunder, including without limitation a distribution of Stock by reason of a stock dividend, stock split or otherwise, or a distribution of other securities with respect to an associated share, Associated Share, shall be subject to the restrictions of this Agreement in the same manner and for so long as the associated share Associated Share remains subject to such restrictions, and shall be promptly forfeited if and when the associated share Associated Share is so forfeited; and further provided, that the Administrator Company may require that any cash distribution with respect to the shares of Stock Shares other than a normal cash dividend be placed in escrow or otherwise made subject to such restrictions as the Administrator Company deems appropriate to carry out the intent of the Plan. Any amount so placed in escrow shall be paid to the Grantee promptly upon the vesting, if any, of the Associated Shares. References in this Section 7 Agreement to Stock the Shares shall refer, mutatis mutandis, to any shares of Restricted Stock. such restricted amounts. View More Arrow
Dividends etc. The Grantee shall Participant will be entitled to (a) receive any and all dividends or other distributions paid with respect to those shares of Restricted Stock of which he or she is the record owner on the record date for such dividend or other distribution, and (b) vote any shares of Restricted Stock of which he or she is the record owner on the record date for such vote; provided, however, that any property (other than cash) distributed with respect to a share of Restricted Stock (the "associ...ated share") acquired hereunder, including without limitation a distribution of Stock by reason of a stock dividend, stock split or otherwise, or a distribution of other securities with respect to an associated share, shall will be subject to the restrictions of this Agreement in the same manner and for so long as the associated share remains subject to such restrictions, and shall will be promptly forfeited if and when the associated share is so forfeited; and further provided, that the -2- Administrator may require that any cash distribution with respect to the shares of Stock other than a normal cash dividend be placed in escrow or otherwise made subject to such restrictions as the Administrator deems appropriate to carry out the intent of the Plan. References in this Section 7 Agreement to Restricted Stock shall refer, mutatis mutandis, to any shares of Restricted Stock. such restricted amounts. View More Arrow
Dividends etc. The Grantee shall be entitled to (a) receive any and all dividends or other distributions paid with respect to those shares of Stock of which he or she is the record owner on the record date for such dividend or other distribution, and (b) vote any shares of Stock of which he or she is the record owner on the record date for such vote; provided, however, that any property (other than cash) distributed with respect to a share of Stock (the "associated share") acquired hereunder, including without... limitation a distribution of Stock by reason of a stock dividend, stock split or otherwise, or a distribution of other securities with respect to an associated share, shall be subject to the restrictions of this Agreement in the same manner and for so long as the associated share remains subject to such restrictions, and shall be promptly forfeited if and when the associated share is so forfeited; and further provided, that the Administrator may require further, that any cash distribution with respect to the shares of Stock shall be placed in escrow or otherwise made subject to such the restrictions of this Agreement in the same manner and for so long as the Administrator deems appropriate associated share remains subject to carry out such restrictions, and shall be promptly forfeited if and when the intent of the Plan. associated share is so forfeited. References in this Section 7 to Stock shall refer, mutatis mutandis, to any shares of Restricted Stock. View More Arrow