Common use of Dividend Equivalent Rights Distributions Clause in Contracts

Dividend Equivalent Rights Distributions. As of any date that the Corporation pays an ordinary cash dividend on its Common Stock, the Corporation shall pay the Participant an amount equal to the per share cash dividend paid by the Corporation on its Common Stock on such date multiplied by the number of Stock Units remaining subject to this Award as of the related dividend payment record date. No such payment shall be made with respect to any Stock Units which, as of such record date, have either been paid pursuant to Section 7 or terminated pursuant to Section 8.

Appears in 9 contracts

Samples: Restricted Stock Unit Award Agreement (Hcp, Inc.), Restricted Stock Unit Award Agreement (Hcp, Inc.), Restricted Stock Unit Award Agreement (Hcp, Inc.)

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Dividend Equivalent Rights Distributions. As of any date that the Corporation Company pays an ordinary cash dividend on its Common StockOrdinary Shares, the Corporation Company shall pay the Participant an amount equal to the per share cash dividend paid by the Corporation Company on its Common Stock Ordinary Shares on such date multiplied by the number of Stock Share Units remaining subject to this Award as of the related dividend payment record date. No such payment shall be made with respect to any Stock Share Units which, as of such record date, have either been paid pursuant to Section 7 or terminated pursuant to Section 8.

Appears in 4 contracts

Samples: Share Unit Award Agreement (Ni Ming), Share Unit Award Agreement (Wang Bingzhong), Share Unit Award Agreement (Hu Xianqun)

Dividend Equivalent Rights Distributions. As of any date that the Corporation pays an ordinary cash dividend on its Common Stock, the Corporation shall pay the Participant Director an amount equal to the per share cash dividend paid by the Corporation on its Common Stock on such date multiplied by the number of Stock Units remaining subject to this Award as of the related dividend payment record date. No such payment shall be made with respect to any Stock Units which, as of such record date, have either been paid pursuant to Section 7 or terminated pursuant to Section 8.

Appears in 3 contracts

Samples: Director Stock Unit Award Agreement (Hcp, Inc.), Director Restricted Stock Unit Award Agreement (Exar Corp), Director Restricted Stock Unit Award Agreement (Exar Corp)

Dividend Equivalent Rights Distributions. As of any date that the Corporation pays an ordinary a cash dividend on its Common Stock, the Corporation shall pay the Participant Employee an amount equal to the per share cash dividend paid by the Corporation on its Common Stock on such date multiplied by the number of Stock Units remaining subject to this Award as of the related dividend payment record date. No such payment shall be made with respect to any Stock Units which, as of such record date, have either been paid pursuant to Section 7 or terminated pursuant to Section 8.

Appears in 3 contracts

Samples: Power One (Power One Inc), Stock Unit Award Agreement (NTN Buzztime Inc), Stock Unit Award Agreement (Power One Inc)

Dividend Equivalent Rights Distributions. As of any date that the Corporation pays an ordinary a cash dividend on its Common Stock, the Corporation shall pay the Participant Director an amount equal to the per share cash dividend paid by the Corporation on its Common Stock on such date multiplied by the number of Stock Units remaining subject to this Award as of the related dividend payment record date. No such payment shall be made with respect to any Stock Units which, as of such record date, have either been paid pursuant to Section 7 or terminated pursuant to Section 8.

Appears in 3 contracts

Samples: Stock Unit Award Agreement (Power One Inc), Power One (Power One Inc), Power One (Power One Inc)

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Dividend Equivalent Rights Distributions. As of any date that the Corporation pays an ordinary a cash dividend on its Common StockShares, the Corporation shall pay the Participant Grantee an amount equal to the per share cash dividend paid by the Corporation on its Common Stock Shares on such date multiplied by the number of Stock Share Units remaining subject to this Award as of the related dividend payment record date. No such payment shall be made with respect to any Stock Share Units which, as of such record date, have either been paid pursuant to Section 7 6 below or terminated pursuant to Section 87 below.

Appears in 2 contracts

Samples: Restricted Share Unit Award Agreement (Lions Gate Entertainment Corp /Cn/), Performance Share Unit Award Agreement (Lions Gate Entertainment Corp /Cn/)

Dividend Equivalent Rights Distributions. As of any date that the Corporation pays an ordinary cash dividend on its Common Stock, the Corporation shall pay the Participant an amount equal to the per share cash dividend paid by the Corporation on its Common Stock on such date multiplied by the number of Restricted Stock Units remaining subject to this Award as of the related dividend payment record date. No such payment shall be made with respect to any Restricted Stock Units which, as of such record date, have either been paid pursuant to Section 7 or terminated pursuant to Section 8.

Appears in 1 contract

Samples: Incentive Plan Restricted Stock Unit Award Agreement (Pacific Sunwear of California Inc)

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