Common use of Dividend Equivalent Rights Clause in Contracts

Dividend Equivalent Rights. As of any date that the Corporation pays an ordinary cash dividend on its Shares, the Corporation shall credit the Participant with an additional number of Stock Units equal to (i) the per share cash dividend paid by the Corporation on its Shares on such date, multiplied by (ii) the total number of Stock Units (including any dividend equivalents previously credited hereunder) (with such total number adjusted pursuant to Section 8 of the 2017 Plan) subject to the Award as of the related dividend payment record date, divided by (iii) the Fair Market Value of a Share on the date of payment of such dividend. Any Stock Units credited pursuant to the foregoing provisions of this Paragraph 3.B shall be subject to the same vesting, payment and other terms, conditions and restrictions as the original Stock Units to which they relate. No crediting of Stock Units shall be made pursuant to this Paragraph 3.B with respect to any Stock Units which, as of such record date, have either been paid pursuant to Paragraph 7 or terminated pursuant to Paragraph 4.

Dividend Equivalent Rights. As of any date that the Corporation pays an ordinary cash dividend on its Shares, the Corporation shall credit the Participant with an additional number of Stock Units equal to (i) the per share cash dividend paid by the Corporation on its Shares on such date, multiplied by (ii) the total number of Stock Units (including any dividend equivalents previously credited hereunder) (with such total number adjusted pursuant to Section 8 7 of the 2017 Plan) subject to the Award as of the related dividend payment record date, divided by (iii) the Fair Market Value of a Share on the date of payment of such dividend. Any Stock Units credited pursuant to the foregoing provisions of this Paragraph 3.B shall be subject to the same vesting, payment and other terms, conditions and restrictions as the original Stock Units to which they relate. No crediting of Stock Units shall be made pursuant to this Paragraph 3.B with respect to any Stock Units which, as of such record date, have either been paid pursuant to Paragraph 7 or terminated pursuant to Paragraph 4.

Dividend Equivalent Rights. As of any date that the Corporation pays an ordinary cash dividend on its SharesCommon Stock, the Corporation shall credit the Participant Director with an additional number of Stock Units equal to (i) the per share cash dividend paid by the Corporation on its Shares Common Stock on such date, multiplied by (ii) the total number of Stock Units (including any dividend equivalents previously credited hereunder) (with such total number adjusted pursuant to Section 8 7.1 of the 2017 Plan) subject to the Award as of the related dividend payment record date, divided by (iii) the Fair Market Value fair market value of a Share share of Common Stock on the date of payment of such dividend. Any Stock Units credited pursuant to the foregoing provisions of this Paragraph 3.B Section 5(b) shall be subject to the same vesting, payment and other terms, conditions and restrictions as the original Stock Units to which they relate. No crediting of Stock Units shall be made pursuant to this Paragraph 3.B Section 5(b) with respect to any Stock Units which, as of such record date, have either been paid pursuant to Paragraph Section 7 or terminated pursuant to Paragraph 4Section 8.

Dividend Equivalent Rights. As of any date that the Corporation Company pays an ordinary cash dividend on its SharesCommon Stock, the Corporation Company shall credit the Participant with an additional number of Stock Units equal to (i) the per share cash dividend paid by the Corporation Company on its Shares Common Stock on such date, multiplied by (ii) the total number of Stock Units (including any dividend equivalents previously credited hereunder) (with such total number adjusted pursuant to Section 8 7.1 of the 2017 Plan) subject to the Award as of the related dividend payment record date, divided by (iii) the Fair Market Value fair market value of a Share share of Common Stock on the date of payment of such dividend. Any Stock Units credited pursuant to the foregoing provisions of this Paragraph 3.B Section 5(b) shall be subject to the same vesting, payment and other terms, conditions and restrictions as the original Stock Units to which they relate. No crediting of Stock Units shall be made pursuant to this Paragraph 3.B Section 5(b) with respect to any Stock Units which, as of such record date, have either been paid pursuant to Paragraph Section 7 or terminated pursuant to Paragraph 4Section 8.

Dividend Equivalent Rights. As of any date that the Corporation pays an ordinary cash dividend on its Shares, the Corporation shall credit the Participant with an additional number of Stock Units equal to (i) the per share cash dividend paid by the Corporation on its Shares on such date, multiplied by (ii) the total number of Stock Units (including any dividend equivalents previously credited hereunder) (with such total number adjusted pursuant to Section 8 of the 2017 Plan) subject to the Award as of the related dividend payment record date, divided by (iii) the Fair Market Value of a Share on the date of payment of such dividend. Any Stock Units credited pursuant to the foregoing provisions of this Paragraph 3.B 3B shall be subject to the same vesting, payment and other terms, conditions and restrictions as the original Stock Units to which they relate. No crediting of Stock Units shall be made pursuant to this Paragraph 3.B 3B with respect to any Stock Units which, as of such record date, have either been paid pursuant to Paragraph 7 or terminated pursuant to Paragraph 4.

Dividend Equivalent Rights. As of any date that the Corporation pays an ordinary cash dividend on its SharesCommon Stock, the Corporation shall credit the Participant Director with an additional number of Stock Units equal to (i) the per share cash dividend paid by the Corporation on its Shares Common Stock on such date, multiplied by (ii) the total number of Stock Units (including any dividend equivalents previously credited hereunder) (with such total number adjusted pursuant to Section 8 7.1 of the 2017 Plan) subject to the Award as of the related dividend payment record date, divided by (iii) the Fair Market Value fair market value of a Share share of Common Stock on the date of payment of such dividend. Any Stock Units credited pursuant to the foregoing provisions of this Paragraph 3.B Section 3(b) shall be subject to the same vesting, payment and other terms, conditions and restrictions as the original Stock Units to which they relate. No crediting of Stock Units shall be made pursuant to this Paragraph 3.B Section 3(b) with respect to any Stock Units which, as of such record date, have either been paid pursuant to Paragraph 7 or terminated pursuant to Paragraph 4Section 5.

Dividend Equivalent Rights. As of any date that the Corporation Company pays an ordinary cash dividend on its SharesCommon Stock, the Corporation Company shall credit the Participant Director with an additional number of Stock Units equal to (i) the per share cash dividend paid by the Corporation Company on its Shares Common Stock on such date, multiplied by (ii) the total number of Stock Units (including any dividend equivalents previously credited hereunder) (with such total number adjusted pursuant to Section 8 7.1 of the 2017 Plan) subject to the Award as of the related dividend payment record date, divided by (iii) the Fair Market Value fair market value of a Share share of Common Stock on the date of payment of such dividend. Any Stock Units credited pursuant to the foregoing provisions of this Paragraph 3.B Section 5(b) shall be subject to the same vesting, payment and other terms, conditions and restrictions as the original Stock Units to which they relate. No crediting of Stock Units shall be made pursuant to this Paragraph 3.B Section 5(b) with respect to any Stock Units which, as of such record date, have either been paid pursuant to Paragraph Section 7 or terminated pursuant to Paragraph 4Section 8.