Common use of Dividends and Other Payments Clause in Contracts

Dividends and Other Payments. Declare or distribute any dividends or any other payments or distributions of cash or other property to its stockholders or officers or directors (other than in compliance with existing Borrower stock option plans and salaries in the ordinary course of business) with respect to its capital stock.

Dividends and Other Payments. Declare or distribute any ---------------------------- dividends or any other payments or distributions of cash or other property to its stockholders shareholders or officers or directors (other than payable solely in Common Stock or in compliance with existing Borrower Company stock option incentive plans and salaries in the ordinary course of business) with respect to its capital stock.