Additional Cash Payment. Additional cash payments equal to the amount of dividends, if any, which would have been paid to the Recipient had shares of Common Stock been issued in lieu of the Equivalents, as well as any cash dividend for which the record date has passed but the payment date has not yet occurred, will be paid on or after the Vesting/Payment Date, but not later than the December 31st of the year in which the Vesting/Payment Date occurs. No interest shall be included in the calculation of such additional cash payment.
Appears in 4 contracts
Samples: Restricted Stock Equivalent Award Agreement, Restricted Stock Equivalent Award Agreement (EDGEWELL PERSONAL CARE Co), Restricted Stock Equivalent Award Agreement (Energizer Holdings, Inc.)
Additional Cash Payment. Additional cash payments equal to the amount of dividends, if any, which would have been paid to the Recipient had shares of Common Stock been issued in lieu of the vesting Equivalents, as well as any cash dividend for which the record date has passed but the payment date has not yet occurred, will be paid paid, solely with respect to the number of Performance Equivalents vesting as of the Vesting/Payment Date, on or after the such Vesting/Payment Date, but not later than the December 31st of the year in which the 31 following such Vesting/Payment Date occursDate. No interest shall be included in the calculation of such additional cash payment.
Appears in 4 contracts
Samples: Performance Restricted Stock Equivalent Award Agreement (Energizer Holdings Inc), Performance Restricted Stock Equivalent Award Agreement (Energizer Holdings Inc), Performance Restricted Stock Equivalent Award Agreement (Energizer Holdings Inc)
Additional Cash Payment. Additional cash payments equal to the amount of dividends, if any, which would have been paid to the Recipient had shares of Common Stock been issued in lieu of the Equivalents, as well as any cash dividend for which the record date has passed but the payment date has not yet occurred, will be paid paid, solely with respect to the number of Equivalents vesting as of the Vesting Payment Date, on or after the Vesting/Payment Date, but not later than the December 31st of the year in which 31 following the Vesting/Payment Date occursDate. No interest shall be included in the calculation of such additional cash payment.
Appears in 1 contract
Samples: Restricted Stock Equivalent Award Agreement (Energizer Holdings Inc)
Additional Cash Payment. Additional cash payments equal to the amount of dividends, if any, which would have been paid to the Recipient had shares of Common Stock been issued in lieu of the vesting Performance Equivalents, as well as any cash dividend for which the record date has passed but the payment date has not yet occurred, will be paid paid, solely with respect to the number of Performance Equivalents vesting as of the Vesting/Payment Date, on or after the such Vesting/Payment Date, but not later than the December 31st of the year in which the 31 following such Vesting/Payment Date occursDate. No interest shall be included in the calculation of such additional cash payment.
Appears in 1 contract
Samples: Performance Restricted Stock Equivalent Award Agreement (Energizer Holdings Inc)