Common use of Voting Rights and Dividends Clause in Contracts

Voting Rights and Dividends. You do not have the right to vote any shares of Common Stock or to receive dividends on them prior to the date such shares are to be issued to you pursuant to the terms of this Award Agreement. As of each date on which dividends are paid on the shares of Common Stock, the Company shall credit to the Award additional Restricted Stock Units, the number of which shall be determined by multiplying the amount of such dividend per share of Common Stock by the number of shares of Common Stock then subject to the Award, and dividing the product thereof by the Fair Market Value of a share of Common Stock on the applicable dividend payment date.

Appears in 12 contracts

Samples: Ingredion Incorporated (Ingredion Inc), Ingredion Incorporated (Ingredion Inc), Ingredion Incorporated (Ingredion Inc)

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Voting Rights and Dividends. You do not have the right to vote any shares of Common Stock or to receive dividends on them prior to the date such shares are to be issued to you pursuant to the terms of this Award Agreement. As of each date on which dividends are paid on the shares of Common Stock, the Company shall credit to the Award additional Restricted Stock Units, the number of which shall be determined by multiplying the amount of such dividend per share of Common Stock by the number of shares of Common Stock then subject to the Award, and dividing the product thereof by the Fair Market Value of a share of Common Stock on the applicable dividend payment date.

Appears in 2 contracts

Samples: Ingredion Incorporated (Ingredion Inc), Ingredion Incorporated (Ingredion Inc)

Voting Rights and Dividends. You do not have the right to vote any shares of Common Stock or to receive dividends on them prior to the date such shares are to be issued to you pursuant to the terms of this Award Agreement. As of each date on which dividends are paid on the shares of Common Stock, the Company shall credit to the Award additional Restricted Stock Units, the number of which shall be Restricted Stock Units – Global determined by multiplying the amount of such dividend per share of Common Stock by the number of shares of Common Stock then subject to the Award, and dividing the product thereof by the Fair Market Value of a share of Common Stock on the applicable dividend payment date.

Appears in 1 contract

Samples: Ingredion Incorporated (Ingredion Inc)

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Voting Rights and Dividends. You do not have the right to vote any shares of Common Stock or to receive dividends on them prior to the date such shares are to be issued to you pursuant to the terms of this Award the Agreement. As of each date on which dividends are paid on the shares of Common Stock, the Company shall credit to the this Award additional Restricted Stock Units, the number of which shall be determined by multiplying the amount of such dividend per share of Common Stock by the number of shares of Common Stock then subject to the this Award, and dividing the product thereof by the Fair Market Value of a share of Common Stock on the applicable dividend payment date. 5.

Appears in 1 contract

Samples: Ingredion Incorporated Stock Incentive Plan Global Restricted Stock Unit Award Agreement (Ingredion Inc)

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