Cash Dividends. If the Company declares and pays a dividend or distribution on shares of the Company’s Common Stock in the form of cash, then the Grantee shall be credited, as of the payment date for such dividend or distribution, with an amount equal to (A) the amount of such dividend on each outstanding share of Common Stock, multiplied by (B) the Restricted Units that may still vest under this Agreement as of the record date for such dividend or distribution.
Appears in 4 contracts
Samples: Restricted Share Unit Award Agreement (Wilson Bank Holding Co), Restricted Share Unit Award Agreement (Pinnacle Financial Partners Inc), Restricted Share Unit Award Agreement (Pinnacle Financial Partners Inc)
Cash Dividends. If the Company declares and pays a dividend or distribution on shares of the Company’s Common Stock in the form of cash, then the Grantee shall be credited, as of the payment date for such dividend or distribution, credited with an amount equal to (A) the amount of such dividend on each outstanding share of Common Stock, multiplied by (B) the Restricted Maximum Amount of Performance Units that may still vest under this Agreement as of the record date for such dividend or distribution.
Appears in 4 contracts
Samples: 2020 Performance Unit Award Agreement (Pinnacle Financial Partners Inc), Performance Unit Award Agreement (Pinnacle Financial Partners Inc), Performance Unit Award Agreement (Pinnacle Financial Partners Inc)
Cash Dividends. If the Company declares and pays a dividend or distribution on shares of the Company’s Common Stock in the form of cash, then the Grantee shall be credited, credited as of the payment date for such dividend or distribution, distribution with an amount equal to (A) the amount of such dividend on each outstanding share of Common Stock, multiplied by (B) the Restricted Maximum Amount of Performance Units that may still vest under this Agreement as of the record date for such dividend or distribution.
Appears in 3 contracts
Samples: 2023 Performance Unit Award Agreement (Pinnacle Financial Partners Inc), 2022 Performance Unit Award Agreement (Pinnacle Financial Partners Inc), Performance Unit Award Agreement (Pinnacle Financial Partners Inc)
Cash Dividends. If the Company declares and pays a dividend or distribution on shares of the Company’s 's Common Stock in the form of cash, then the Grantee shall be credited, as of the payment date for such dividend or distribution, credited with an amount equal to (A) the amount of such dividend on each outstanding share of Common Stock, multiplied by (B) the Restricted Maximum Amount of Performance Units that may still vest under this Agreement as of the record date for such dividend or distribution.
Appears in 2 contracts
Samples: Performance Unit Award Agreement (Pinnacle Financial Partners Inc), Performance Unit Award Agreement (Pinnacle Financial Partners Inc)
Cash Dividends. If the Company declares and pays a dividend or distribution on shares of the Company’s Common Stock in the form of cash, then the Grantee shall be credited, as of the payment date for such dividend or distribution, with an amount of cash equal to (A) the amount of such dividend on each outstanding share of Common Stock, multiplied by (B) the Restricted Units that may still vest under this Agreement as of the record date for such dividend or distribution.
Appears in 1 contract
Samples: Restricted Share Unit Award Agreement (Pinnacle Financial Partners Inc)
Cash Dividends. If the Company declares and pays a dividend or distribution on shares of the Company’s Common Stock in the form of cash, then the Grantee shall be credited, credited as of the payment date for such dividend or distribution, distribution with an amount equal to (A) the amount of such dividend on each outstanding share of Common Stock, multiplied by (B) the Restricted Target Amount of Performance Units that may still vest under this Agreement as of the record date for such dividend or distribution.
Appears in 1 contract
Samples: Special Performance Unit Award Agreement (Pinnacle Financial Partners Inc)
Cash Dividends. If the Company declares and pays a dividend or distribution on shares of the Company’s Common Stock in the form of cash, then the Grantee shall be credited, credited as of the payment date for such dividend or distribution, distribution with an amount of cash equal to (A) the amount of such dividend on each outstanding share of Common Stock, multiplied by (B) the Restricted Maximum Amount of Performance Units that may still vest under this Agreement as of the record date for such dividend or distribution.
Appears in 1 contract
Samples: Performance Unit Award Agreement (Pinnacle Financial Partners Inc)