Common use of Deferred Dividend Equivalents ( Clause in Contracts

Deferred Dividend Equivalents (. “DDEs”). Your Award shall include a payment equal to the cash dividends that would have been paid to you had you owned the numbers of whole shares of Stock equal to your final Award as determined under Section 2.1(d), from the Award Date until the end of the Performance Period.

Appears in 2 contracts

Samples: Performance Stock Unit Award Agreement (Lockheed Martin Corp), Performance Stock Unit Award Agreement (Lockheed Martin Corp)

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Deferred Dividend Equivalents (. “DDEs”). Your Award shall include a payment cash amount equal to the cash dividends that would have been paid to you had you owned the numbers number of whole shares of Stock equal to your final Award as determined under Section 2.1(d), from the Award Date until the end of the Performance Period.

Appears in 2 contracts

Samples: Performance Stock Unit Award Agreement (Lockheed Martin Corp), Performance Stock Unit Award Agreement (Lockheed Martin Corp)

Deferred Dividend Equivalents (. “DDEs”). Your Award shall include a payment cash amount equal to the cash dividends that would have been paid to you had you owned the numbers number of whole shares of Stock equal to your final Award as determined under Section 2.1(d), from the Award Date until the end of the Performance Period.. Award Date: February 23, 2022

Appears in 1 contract

Samples: Performance Stock Unit Award Agreement (Lockheed Martin Corp)

Deferred Dividend Equivalents (. “DDEs”). Your Award shall include a payment equal to the cash dividends that would have been paid to you had you owned the numbers number of whole shares of Stock equal to your final Award as determined under Section 2.1(d), from the Award Date until the end of the Performance Period.

Appears in 1 contract

Samples: Performance Stock Unit Award Agreement (Lockheed Martin Corp)

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Deferred Dividend Equivalents (. “DDEs”). Your Award shall include a payment cash amount equal to the cash dividends that would have been paid to you had you owned the numbers number of whole shares of Stock equal to your final Award as determined under Section 2.1(d), from the Award Date until the end of the Performance Period.. Award Date: February 22, 2023

Appears in 1 contract

Samples: Performance Stock Unit Award Agreement (Lockheed Martin Corp)

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