Cash Dividend-Equivalents. You will receive a cash payment equal to any cash dividends that the Company declares and pays with respect to the Shares underlying your outstanding Restricted Stock Units granted under this Award. The Company shall pay such cash dividend-equivalents at such time or times as it determines in its sole discretion; provided, the Company shall pay any cash dividend-equivalents within the calendar year in which the cash dividend-equivalent is declared.
Appears in 3 contracts
Samples: Restricted Stock Unit Agreement (Steelcase Inc), Steelcase Inc, Steelcase Inc
Cash Dividend-Equivalents. You will receive a cash payment equal to any cash dividends that the Company declares and pays on its Shares with respect to the number of Shares underlying your outstanding Restricted Stock Units granted under this Target Award. The Company shall pay such cash dividend-equivalents at such time or times as it determines in its sole discretion; provided, the Company shall pay any cash dividend-equivalents equivalent within the calendar year in which the cash dividend-equivalent dividend is declared.
Appears in 1 contract
Samples: Steelcase Inc
Cash Dividend-Equivalents. You will receive a cash payment equal to any cash dividends that the Company declares and pays on its Shares with respect to the number of Shares underlying your outstanding Restricted Stock Units granted under this Target Award. The Company shall pay such cash dividend-equivalents at such time or times as it determines in its sole discretion; provided, the Company shall pay any cash dividend-equivalents equivalent within the calendar year in which the cash dividend-equivalent dividend is declaredpaid to shareholders.
Appears in 1 contract
Samples: Steelcase Inc
Cash Dividend-Equivalents. You will receive a cash payment equal to any cash dividends that the Company declares and pays on its Class A common stock with respect to the Shares underlying your outstanding Restricted Stock Units granted under this Award. The Company shall pay such cash dividend-equivalents at such time or times as it determines in its sole discretion; provided, the Company shall pay any cash dividend-equivalents within the calendar year in which the cash dividend-equivalent is declared.
Appears in 1 contract
Samples: Steelcase Inc