Common use of Common Stock Dividends and Splits Clause in Contracts

Common Stock Dividends and Splits. If the Company declares and pays a dividend or distribution on Common Stock in the form of additional shares of Common Stock, or there occurs a forward split of Common Stock, then a number of additional Units shall be credited to Employee’s Account as of the payment date for such dividend or distribution or forward split equal to the number of Units credited to the Account as of the record date for such dividend or distribution or split multiplied by the number of additional shares of Common Stock actually paid as a dividend or distribution or issued in such split in respect of each outstanding share of Common Stock.

Appears in 9 contracts

Samples: Restricted Stock Units Agreement (Jefferies Group Inc /De/), Restricted Stock Units Agreement (Jefferies Group Inc /De/), Restricted Stock Units Agreement (Jefferies Group Inc /De/)

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Common Stock Dividends and Splits. If the Company declares and pays a dividend or distribution on shares of the Company’s Common Stock in the form of additional shares of Common Stock, or there occurs a forward split of Common Stock, then a number of additional Restricted Units shall be credited to Employee’s Account the Grantee as of the payment date for such dividend or distribution or forward split equal to (A) the number of Restricted Units credited to the Account that may still vest under this Agreement as of the record date for such dividend or distribution or split distribution, multiplied by (B) the number of additional shares of Common Stock actually paid as a dividend or distribution or issued in such split in respect of each outstanding share of Common Stock.

Appears in 5 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)

Common Stock Dividends and Splits. If the Company declares and pays a dividend or distribution on shares of the Company’s Common Stock in the form of additional shares of Common Stock, or there occurs a forward split of Common Stock, then a number of additional Performance Units shall be credited to Employee’s Account the Grantee as of the payment date for such dividend or distribution or forward split equal to (A) the number Maximum Amount of Performance Units credited to the Account that may still vest under this Agreement as of the record date for such dividend or distribution or split distribution, multiplied by (B) the number of additional shares of Common Stock actually paid as a dividend or distribution or issued in such split in respect of each outstanding share of Common Stock.

Appears in 4 contracts

Samples: Performance Unit Award Agreement (Pinnacle Financial Partners Inc), Performance Unit Award Agreement (Pinnacle Financial Partners Inc), Performance Unit Award Agreement (Pinnacle Financial Partners Inc)

Common Stock Dividends and Splits. If the Company declares and pays a dividend or distribution on shares of the Company’s Common Stock in the form of additional shares of Common Stock, or there occurs a forward split of the Company’s Common Stock, then a number of additional Performance Units shall be credited to Employee’s Account the Grantee as of the payment date for such dividend or distribution or forward split equal to (A) the number Maximum Amount of Performance Units credited to the Account that may still vest under this Agreement as of the record date for such dividend or distribution or split distribution, multiplied by (B) the number of additional shares of Common Stock actually paid as a dividend or distribution or issued in such split in respect of each outstanding share of Common Stock.

Appears in 4 contracts

Samples: Performance Unit Award Agreement (Pinnacle Financial Partners Inc), Performance Unit Award Agreement (Pinnacle Financial Partners Inc), Performance Unit Award Agreement (Pinnacle Financial Partners Inc)

Common Stock Dividends and Splits. If the Company declares and pays a dividend or distribution on Common Stock in the form of additional shares of Common Stock, or there occurs a forward split of Common Stock, then a number of additional Units shall be credited to EmployeeGrantee’s Account as of the payment date for such dividend or distribution or forward split equal to the number of Units credited to the Account as of the record date for such dividend or distribution or split multiplied by the number of additional shares of Common Stock actually paid as a dividend or distribution or issued in such split in respect of each outstanding share of Common Stock.

Appears in 3 contracts

Samples: Restricted Stock Units Agreement (Bristol Myers Squibb Co), Restricted Stock Units Agreement (Horace Mann Educators Corp /De/), Restricted Stock Units Agreement (Bristol Myers Squibb Co)

Common Stock Dividends and Splits. If the Company declares and pays a dividend or distribution on Common Stock in the form of additional shares of Common Stockshares, or there occurs a forward split of Common Stock, then a number of additional Performance Share Units shall be credited to Employee’s Account you as of the payment date for such dividend or distribution or forward split equal to (A) the number of Performance Share Units credited to the Account you as of the record date for such dividend or distribution or split (other than previously settled or forfeited Performance Share Units), multiplied by (B) the number of additional shares of Common Stock actually paid as a dividend or distribution or issued in such split in respect of each outstanding share of Common Stock.

Appears in 2 contracts

Samples: Performance Share Units Agreement (Bristol Myers Squibb Co), Performance Share Units Agreement (Bristol Myers Squibb Co)

Common Stock Dividends and Splits. If the Company declares and pays a dividend or distribution on Common Stock in the form of additional shares of Common Stock, or there occurs a forward split of Common Stock, then a number of additional Units shall be credited to Employee’s 's Account as of the payment date for such dividend or distribution or forward split equal to the number of Units credited to the Account as of the record date for such dividend or distribution or split multiplied by the number of additional shares of Common Stock actually paid as a dividend or distribution or issued in such split in respect of each outstanding share of Common Stock.

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (Jefferies Group Inc /De/), Stock Unit Agreement (International Flavors & Fragrances Inc)

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Common Stock Dividends and Splits. If the Company declares and pays a dividend or distribution on shares of the Company's Common Stock in the form of additional shares of Common Stock, or there occurs a forward split of the Company's Common Stock, then a number of additional Performance Units shall be credited to Employee’s Account the Grantee as of the payment date for such dividend or distribution or forward split equal to (A) the number Maximum Amount of Performance Units credited to the Account that may still vest under this Agreement as of the record date for such dividend or distribution or split distribution, multiplied by (B) the number of additional shares of Common Stock actually paid as a dividend or distribution or issued in such split in respect of each outstanding share of Common Stock.

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Pinnacle Financial Partners Inc), Performance Unit Award Agreement (Pinnacle Financial Partners Inc)

Common Stock Dividends and Splits. If the Company declares and pays a dividend or distribution on shares of the Company’s Common Stock in the form of additional shares of Common Stock, or there occurs a forward split of Common Stock, then a number of additional Performance Units shall be credited to Employee’s Account the Grantee as of the payment date for such dividend or distribution or forward split equal to (A) the number Target Amount of Performance Units credited to the Account that may still vest under this Agreement as of the record date for such dividend or distribution or split distribution, multiplied by (B) the number of additional shares of Common Stock actually paid as a dividend or distribution or issued in such split in respect of each outstanding share of Common Stock.

Appears in 1 contract

Samples: Special Performance Unit Award Agreement (Pinnacle Financial Partners Inc)

Common Stock Dividends and Splits. If the Company declares and pays a dividend or distribution on Common Stock in the form of additional shares of Common Stock, or there occurs a forward split of Common Stock, then a number of additional Units shall be credited to EmployeeDirector’s Account as of the payment date for such dividend or distribution or forward split equal to the number of Units credited to the Account as of the record date for such dividend or distribution or split multiplied by the number of additional shares of Common Stock actually paid as a dividend or distribution or issued in such split in respect of each outstanding share of Common Stock.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Horace Mann Educators Corp /De/)

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