Dividend Reinvestment and Stock Purchase Plan Sample Clauses

Dividend Reinvestment and Stock Purchase Plan. As a result, as of each dividend date declared by the Company, with respect to the Restricted Shares, a dollar amount equal to the amount of the dividend paid on the Restricted Shares held by you as of the close of business on the record date for such dividend shall be paid directly to you in cash.
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Dividend Reinvestment and Stock Purchase Plan. Any change in the Common Stock during the Period of Restriction shall result in an adjustment to the Award in accordance with Section 5.4 of the Plan to prevent dilution or enlargement of rights under the Award.
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Dividend Reinvestment and Stock Purchase Plan. The Company shall take all actions necessary to freeze its Amended and Restated Dividend Reinvestment and Stock Purchase Plan (the “DRIP”) as soon as possible after the date of this Agreement, and ensure that no purchase or other rights under the DRIP enable the holder of such rights to acquire any interest in the Surviving Entity or the Company or Buyer as a result of such purchase or the exercise of such rights at or after such date. The Company shall terminate the DRIP prior to the Closing Date.
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Dividend Reinvestment and Stock Purchase Plan. 3 Dollar ("$")....................................................3
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Dividend Reinvestment and Stock Purchase Plan. Incorporated by reference to the Company’s Form S-3 filed on November 12, 2014. Exhibit 10.4 2000 Long Term Incentive Plan as Amended* Incorporated herein by reference from the Company’s Registration Statement on Form S-8 File No. 333-49972, filed November 15, 2000, and Proxy Statement on Form DEF 14A, filed on March 13, 2000.
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Dividend Reinvestment and Stock Purchase Plan. The Company shall take all such necessary action to terminate the Company’s Dividend Reinvestment and Stock Purchase Plan (the “DRIP”) effective immediately after the first dividend payment paid on Company Common Stock in 2004. In addition, upon the effective termination of the DRIP, the Company shall distribute all shares of Company Common Stock and the value of all cash held in participant’s plan accounts in accordance with the terms of the DRIP.
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Dividend Reinvestment and Stock Purchase Plan. Employee agrees that --------------------------------------------- the aforementioned 20% of the Net Incentive Compensation shall be used by Employee to purchase shares of Common Stock under IMH's DRP; it being understood that the stock shall be purchased on the first Investment Date (as defined in the DRP) following the payment of the Incentive Compensation; provided, however that if in the opinion of counsel to the Company the purchase of shares by Employee at such date would be potentially violative of federal or state securities laws, then the purchase shall be deferred until the following Investment Date in which it would not be potentially violative. Employee may sell the shares of Common Stock issued at any time subject to the requirements of Section 16 of the Exchange Act and other applicable federal and state securities laws. The purchase price for the shares of Common Stock shall be as determined by the terms of the DRP. The Company shall take reasonable actions in compliance with applicable laws, rules and regulations to have reserved pursuant to the DRP a sufficient number of shares of Common Stock to satisfy the foregoing obligations.
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Dividend Reinvestment and Stock Purchase Plan. As of the Effective Time, WII OHIO hereby assumes all of the obligations of WII DELAWARE under the Worthington Industries, Inc. Dividend Reinvestment and Stock Purchase Plan. ARTICLE III APPROVAL; AMENDMENT; TERMINATION; MISCELLANEOUS SECTION 3.01.
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Related to Dividend Reinvestment and Stock Purchase Plan

  • Stock Purchase Plan (a) Establishment of Stock Purchase Plan. Effective as of the Closing Date, Constar shall establish an employee stock purchase plan (the “Constar ESPP”) that will provide benefits for a period of one year after the Closing Date that are at least substantially equivalent in all Material Features to those provided under the Crown Employee Stock Purchase Plan (the “Crown ESPP”) immediately before the Closing Date.

  • Dividend Reinvestment Plan Any and all expenses incident to any dividend reinvestment plan.

  • Dividend Reinvestment Plan, Cash Option Purchase Plan, Stock Incentive Plan or Other Plan Except as may otherwise be provided in this Article III, all amounts received or deemed received by the Corporation in respect of any dividend reinvestment plan, cash option purchase plan, stock incentive or other stock or subscription plan or agreement, either (a) shall be utilized by the Corporation to effect open market purchases of shares of Class A Common Stock, or (b) if the Corporation elects instead to issue new shares of Class A Common Stock with respect to such amounts, shall be contributed by the Corporation to the Company in exchange for additional Common Units. Upon such contribution, the Company will issue to the Corporation a number of Common Units equal to the number of new shares of Class A Common Stock so issued.

  • Employee Stock Purchase Plan The Company shall take all requisite action with respect to the Company’s 2000 Employee Stock Purchase Plan, as amended (the “Company ESPP”), to ensure that (i) all outstanding Company Purchase Rights (as defined in Section 4.02) will be exercised no later than three (3) Business Days prior to the Expiration Date, (ii) no Company Purchase Rights will be issued and outstanding as of the Expiration Date, (iii) conditioned upon the occurrence of the Closing, the Company ESPP will be terminated no later than the Effective Time, and (iv) no additional offering periods shall commence on or after the Expiration Date. The Company shall deliver to Parent prior to the Expiration Date sufficient evidence that the Company ESPP will be terminated as of the Effective Time, conditioned upon the occurrence of the Closing. In addition, prior to the Effective Time, the Company shall take all actions (including, if appropriate, amending the terms of the Company ESPP and the terms of any offering period(s) commencing prior to the Expiration Date) that are necessary to provide that, as of the Effective Time, participants and former participants in the Company ESPP shall cease to have any right or interest thereunder. Notwithstanding the foregoing, all actions taken and all amendments made pursuant to this Section 3.06 shall be taken or made in compliance with Sections 423 and 424 of the Code and so as not to result in a “modification” under such Sections. All Shares issued in connection with the exercise of the Company Purchase Rights shall be, at the Effective Time, converted into the right to receive the Merger Consideration in accordance with, and pursuant to, the terms and conditions of this Agreement.

  • Stock Purchase On the terms and subject to the conditions of this Agreement, the Buyer agrees to purchase from each of the Sellers, and each of the Sellers agrees to sell to the Buyer, the Shares owned by such Seller, free and clear of all Encumbrances, which Shares collectively constitute and shall constitute as of the Closing Date all of the issued and outstanding shares of the capital stock of the Company, for the consideration specified in Section 1.2.

  • Stock Plan Each stock option granted under any stock option plan of the Company (each, a “Stock Plan”) was granted with a per share exercise price no less than the fair market value per Common Share on the grant date of such option, and no such grant involved any “back-dating,” “forward-dating” or similar practice with respect to the effective date of such grant; each such option (i) was granted in compliance with applicable law and with the applicable Stock Plan(s), (ii) was duly approved by the board of directors (or a duly authorized committee thereof) of the Company or such Subsidiary, as applicable, and (iii) has been properly accounted for in the Company’s consolidated financial statements and disclosed, to the extent required, in the Company’s filings or submissions with the Commission and the Canadian Qualifying Authorities.

  • Option Plan This Option is subject to certain additional terms and ----------- conditions set forth in the Plan pursuant to which this Option has been issued. Optionee acknowledges receipt of a copy of the Plan on file with the Secretary of the Company and, by acceptance hereof, agrees to and accepts this Option subject to the terms of the Plan. Except as otherwise defined herein, defined terms used in this Agreement shall have the meaning ascribed thereto in the Plan.

  • Company Stock Plans (a) The Company shall take such action as shall be required:

  • Equity Plan In the event the Company adopts an equity incentive plan or program (the "Equity Plan") for its key executives, the Executive shall be entitled to participate in the Equity Plan from and after the effective date thereof in accordance with the terms and conditions of such plan.

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