Dividend Equivalent Cash Awards. The amount of each type of Dividend Equivalent Cash Award shall be determined by multiplying the number of Performance Shares deliverable to Recipient as determined under Sections 2 and 4 or under Sections 3 and 4, as applicable, by the total amount of dividends paid per share of the Company’s Common Stock for which the dividend record date occurred after the beginning of the Award Period and before the date of delivery of the Performance Shares.
Appears in 14 contracts
Samples: Long Term Incentive Award Agreement (Northwest Natural Gas Co), Long Term Incentive Award Agreement (Northwest Natural Gas Co), Long Term Incentive Award Agreement (Northwest Natural Gas Co)
Dividend Equivalent Cash Awards. The amount of each type of the Dividend Equivalent Cash Award shall be determined by multiplying the number of Performance Award Shares deliverable to Recipient as determined under Sections 2 and 4 or under Sections 3 and 4, as applicable, by the total amount of dividends paid per share of the Company’s Common Stock for which the dividend record date occurred after the beginning of the Award Period and before the date of delivery of the Performance Shares.
Appears in 4 contracts
Samples: Long Term Incentive Award Agreement (Cascade Natural Gas Corp), Long Term Incentive Award Agreement (Cascade Natural Gas Corp), Long Term Incentive Award Agreement (Cascade Natural Gas Corp)
Dividend Equivalent Cash Awards. The amount of each type of the Dividend Equivalent Cash Award shall be determined by multiplying the number of Performance Shares deliverable to Recipient earned by Employee as determined under Sections Section 2 and 4 or under Sections 3 and 4, as applicable, above by the total amount of dividends paid per share of the Company’s Common Stock for which the ex-dividend record date occurred after the beginning of the Award Performance Period and before the date of delivery of the Performance SharesPayment Date or Change in Control Payment Date (as those terms are defined in Section 4.2), as applicable.
Appears in 1 contract
Samples: Performance Share Award Agreement (Covanta Holding Corp)
Dividend Equivalent Cash Awards. The amount of each type of the Dividend Equivalent Cash Award shall be determined by multiplying the number of Performance Shares deliverable to Recipient earned by Employee as determined under Sections Section 2 and 4 or under Sections 3 and 4, as applicable, above by the total amount of dividends paid per share of the Company’s Common Stock for which the ex-dividend record date occurred after the beginning of the Award Performance Period and before the date of delivery of the Performance Shares.Payment Date or Change in Control Payment Date (as those terms are defined in Section 4.2), as applicable
Appears in 1 contract
Samples: Performance Share Award Agreement (Covanta Holding Corp)
Dividend Equivalent Cash Awards. The amount of each type of the Dividend Equivalent Cash Award for each portion of the Award Period shall be determined by multiplying the number of Performance Shares deliverable to Recipient for that portion of the Award Period as determined under Sections 2 and 4 or under Sections 3 and 4, as applicable, by the total amount of dividends paid per share of the Company’s Common Stock for which the dividend record date occurred after the beginning of the Award Period and before the date of delivery of that portion of the Performance Shares.
Appears in 1 contract
Samples: Long Term Incentive Award Agreement (Northwest Natural Gas Co)
