Common use of Adjustment for Dividends Clause in Contracts

Adjustment for Dividends. If the Company declares a dividend (other than a stock dividend) payable to shareholders of common stock of the Company that is payable to shareholders of record after the Grant Date and before the date Shares are issued hereunder, this award will reflect, and represent the future right to receive, subject to the restrictions herein, an amount equal to such dividend per share payable per share of common stock (a "Dividend Equivalent Right"). The Dividend Equivalent Rights will be subject to the same restrictions and Forfeiture Restrictions of this Agreement to which the Restricted Stock Units to which they relate are subject.

Appears in 4 contracts

Samples: Award Agreement, Award Agreement, Performance Based Market Stock Unit Award Agreement (BMC Software Inc)

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Adjustment for Dividends. If the Company declares a dividend (other than a stock dividend) payable to shareholders of common stock of the Company that is payable to shareholders of record after the Grant Date and before the date Shares are issued hereunder, this award will reflect, and represent the future right to receive, subject to the restrictions herein, an amount equal to such dividend per share payable per share of common stock (a "Dividend Equivalent Right"). The Dividend Equivalent Rights will be subject to the same restrictions and Forfeiture Restrictions of this Agreement to which the Restricted Stock Units to which they relate are subject.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (BMC Software Inc), Restricted Stock Unit Award Agreement (BMC Software Inc), Restricted Stock Unit Award Agreement (BMC Software Inc)

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Adjustment for Dividends. If the Company declares a dividend (other than a stock dividend) payable to shareholders of common stock of the Company that is payable to shareholders of record after the Grant Date and before the date Shares are issued hereunder, this award will wil reflect, and represent the future right to receive, subject to the restrictions herein, an amount equal to such dividend per share payable per share of common stock (a "Dividend Equivalent Right"). The Dividend Equivalent Rights will be subject to the same restrictions and Forfeiture Restrictions of this Agreement to which the Restricted Stock Units to which they relate are subject.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (BMC Software Inc)

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