Dividend Equivalent Payments. The Company will pay dividend equivalents for each outstanding Restricted Stock Unit in cash as soon as administratively practicable after dividends, if any, are paid on the Company’s outstanding shares of Common Stock. Such payments shall be made no later than March 15th following the year in which the dividends are paid.
Appears in 8 contracts
Samples: Restricted Stock Unit Agreement (Pride International Inc), Restricted Stock Unit Agreement (Pride International Inc), Restricted Stock Unit Agreement (Pride International Inc)
Dividend Equivalent Payments. The Company will pay dividend equivalents for each outstanding Restricted Stock Awarded Unit in cash as soon as administratively practicable after dividends, if any, are paid on the Company’s outstanding shares of Common Stock. Such payments shall be made no later than March 15th following the year in which the dividends are paid.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Nci Building Systems Inc)
