Dividends and other Distributions in Respect of the Sponsor’s Shares. During the Escrow Period, all dividends payable in cash with respect to the Sponsor’s Shares shall be paid to the Sponsor, but all dividends payable in stock or other non-cash property (the “Non-Cash Dividends”) shall be delivered to the Escrow Agent to hold in accordance with the terms hereof. As used herein, the terms “Sponsor’s Shares” shall be deemed to include the Non-Cash Dividends distributed thereon, if any.
Appears in 5 contracts
Samples: Stock Escrow Agreement (Global Defense & National Security Systems, Inc.), Stock Escrow Agreement (Global Defense & National Security Systems, Inc.), Stock Escrow Agreement (Global Defense & National Security Systems, Inc.)
