Common use of Dividend Payment Clause in Contracts

Dividend Payment. In lieu of Section 9.2(a)(iii) of the Equity Definitions, JPMorgan will pay to Counterparty the Dividend Amount on the third Currency Business Day immediately following the Dividend Payment Date. Dividend Amount: (a) 100% of the per Share amount of any cash dividend declared by the Issuer to holders of record of a Share on any record date occurring during the period from, and including, the Effective Date to, but excluding, the final Settlement Date, multiplied by (b) the Number of Shares on such record date (after giving effect to any reduction on such record date, if such record date is a Settlement Date). Dividend Payment Date: Each date on which the relevant Dividend Amount is paid by the Issuer to shareholders of record. Share Adjustments:

Dividend Payment. In lieu of Section 9.2(a)(iii) of the Equity Definitions, JPMorgan Dealer will pay to Counterparty the Dividend Amount on the third Currency Business Day immediately following the Dividend Payment Date. Dividend Amount: (a) 100% of the per Share amount of any cash dividend declared by the Issuer to holders of record of a Share on any record date occurring during the period from, and including, the Effective Date to, but excluding, the final Settlement Date, multiplied by (b) the Number of Shares on such record date (after giving effect to any reduction on such record date, if such record date is a Settlement Date). Dividend Payment Date: Each date on which the relevant Dividend Amount is paid by the Issuer to shareholders of record. Share Adjustments: