Common use of Dividend Adjustment Clause in Contracts

Dividend Adjustment. Except as otherwise provided for in this Agreement, a Dividend Adjustment shall be added to the Unadjusted Share Distribution. The Dividend Adjustment shall be a number of Units equal to the number of Units that would have resulted, if each dividend paid during the Performance Period on the Shares included in the Unadjusted Share Distribution had been immediately reinvested in Shares.

Appears in 11 contracts

Samples: Incentive Compensation Plan (Old National Bancorp /In/), Incentive Compensation Plan Award Agreement (Old National Bancorp /In/), Incentive Compensation Plan (Old National Bancorp /In/)

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Dividend Adjustment. Except as otherwise provided for in this Agreement, a Dividend Adjustment shall be added to the Unadjusted Share Distribution. The Dividend Adjustment shall be a number of Units Shares equal to the number of Units Shares that would have resulted, if each dividend paid during the Performance Period on the Shares included in the Unadjusted Share Distribution had been immediately reinvested in Shares.

Appears in 9 contracts

Samples: Performance Share Award Agreement (Old National Bancorp /In/), Performance Share Award Agreement (Old National Bancorp /In/), Performance Share Award Agreement (Old National Bancorp /In/)

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