Common use of Additional Cash Payment Clause in Contracts

Additional Cash Payment. On the Vesting/Payment Date on which Performance Units vest (or the date of transfer of accelerated Performance Units pursuant to Section 4 below), the Company shall pay the Recipient or his or her beneficiary an amount equal to the amount of cash dividends, if any, that would have been paid to the Recipient between the Effective Date and such Vesting/Payment Date had vested shares of Common Stock been issued to the Recipient in lieu of the Performance Units that so vested as well as any cash dividend for which the record date has passed but the payment date has not yet occurred. Such amounts shall be paid in a single lump-sum on such Vesting/Payment Date or as soon as practicable following an accelerated vesting payment described in Section 4 which requires payment prior to the Vesting/Payment Date. No interest shall be included in the calculation of such additional cash payment.

Additional Cash Payment. On the Vesting/Payment Date on which Performance Units vest (or the date of transfer of accelerated Performance Units pursuant to Section 4 below), the Company shall pay the Recipient or his or her beneficiary an amount equal to the amount of cash dividends, if any, that would have been paid to the Recipient between the Effective Date effective date and such Vesting/Payment Date had vested shares of Common Stock been issued to the Recipient in lieu of the Performance Units that so vested as well as any cash dividend for which the record date has passed but the payment date has not yet occurred. Such amounts shall be paid in a single lump-sum on such Vesting/Payment Date or as soon as practicable following an accelerated vesting payment described in Section 4 which requires payment prior to the Vesting/Payment Date. No interest shall be included in the calculation of such additional cash payment.

Additional Cash Payment. On the Vesting/Payment Date on which Performance Units Equivalents vest (or the date of transfer of accelerated Performance Units Equivalents pursuant to Section 4 below), the Company shall pay the Recipient or his or her beneficiary an amount equal to the amount of cash dividends, if any, that would have been paid to the Recipient between the Effective Date and such Vesting/Payment Date had vested shares of Common Stock been issued to the Recipient in lieu of the Performance Units Equivalents that so vested as well as any cash dividend for which the record date has passed but the payment date has not yet occurred. Such amounts shall be paid in a single lump-sum on such Vesting/Payment Date or as soon as practicable following an accelerated vesting payment described in Section 4 which requires payment prior to the Vesting/Payment Date. No interest shall be included in the calculation of such additional cash payment.

Additional Cash Payment. On the Vesting/Payment Date or accelerated vesting date described in Section 4 below on which Performance Units vest (or the date of transfer of accelerated Performance Units pursuant to Section 4 below)each Restricted Equivalent vests, the Company shall pay the Recipient or his or her beneficiary an amount equal to the amount of cash dividends, if anyany and less applicable withholding, that would have been paid to the Recipient between the Effective Date of Grant and such Vesting/Payment Date had such vested shares share of Common Stock been issued to the Recipient recipient in lieu of the Performance Units Restricted Equivalent that so vested as well as any cash dividend dividends for which the record date has passed but the payment date has not yet occurred. Such amounts shall be paid in a single lump-sum on as soon as practicable following such Vesting/Payment Date or as soon as practicable following an accelerated vesting payment described in or, if applicable, the date shares are distributed pursuant to Section 4 which requires payment prior to the Vesting/Payment Datebelow. No interest shall be included in the calculation of such additional cash payment.