Dividends on Shares of Restricted Stock shall be accumulated and shall be subject to restrictions, conditions and risk of forfeiture to the same extent as the Shares of Restricted Stock granted hereunder. Such accumulated dividends shall be distributed and paid to the Grantee at such time and only to the extent that the Shares subject to this Award shall vest in accordance with Section 3.
Dividends on Shares. The Board of Directors may in its sole discretion declare dividends, including dividends designated as “Special Dividends,” payable on the Shares. The Board of Directors may declare and pay such dividends on Shares independent of any dividend or any requirement to declare dividends on any other class of securities of the Company.
Dividends on Shares. The registered holder of any Voting Trust Certificate shall be entitled, until termination of this Voting Trust Agreement as hereinafter provided, to receive from time to time payments equal to the amount of cash dividends, if any, collected or received by the Voting Trustee or his successors upon the number of Shares in respect of which such voting Trust Certificates were issued, less the deductions or withholdings for any taxes, assessments, or other charges that may be required by any present or future law, to be deducted or withheld from said dividends. A dividend payment shall be made to the registered holders of the Voting Trust Certificates as soon as practicable after the receipt of such dividends by the Voting Trustee. In the event any dividend with respect to the Shares is paid other than in cash, the dividend shall be delivered in kind to the registered holder of the Voting Trust Certificates, as provided for herein; provided, however, that if any such dividend shall be paid in voting securities of the Company, the Voting Trustee shall hold, subject to the terms of this Voting Trust Agreement, the certificates for such voting securities which shall be received by them or him on account of such dividend, and the registered holder of each Voting Trust Certificate shall be entitled to have issued to him one or more additional Voting Trust Certificates issued under this Voting Trust Agreement for the voting securities in the amount or number received by or for the Voting Trustee.
Dividends on Shares of Restricted Stock shall be paid currently to the Grantee. Grantee shall also be paid on the Grant Date cash in an amount equal to the dollar value dividends paid by the Company in 20__ per share of Stock multiplied by the number of shares of Restricted Stock issued to Grantee on the Grant Date.
Dividends on Shares of Restricted Stock shall be paid immediately to the Grantee, unless the Grantee shall provide the Committee with written instructions as to the waiver, deferral, or reinvestment of such dividends.
Dividends on Shares. If the Company does not have sufficient surplus to permit it to lawfully pay dividends on the Shares, the directors of the Company shall take such lawful measures as may be appropriate or necessary in order to enable the Company to pay dividends on the Shares. Except as otherwise required by applicable law, GAAP or applicable SEC rules and regulations, the directors of the Company shall not take any action to increase the capital of the Company to an amount in excess of the aggregate par value of the capital stock issued by the Company. In no event shall the payment of dividends on the Shares be the cause of, or result in, the (i) insolvency of the Company (as defined under applicable law), (ii) impairment of the capital of the Company (as defined under applicable law) or (iii) impairment of the Company’s ability to satisfy its obligations as they become due or continue its operations. Accordingly, the payment by the Company of dividends on the Shares shall be accomplished on such terms and conditions as the directors of the Company in good faith determine to be feasible and so as not to result in any of the conditions described in clauses (i), (ii) or (iii) of the immediately preceding sentence.
Dividends on Shares. Notwithstanding anything contained in this Agreement to the contrary, any reference herein to dividends paid or payable by the General Partner on Shares shall be deemed to be a reference to such dividends as have been paid or are payable by the General Partner.
Dividends on Shares. While Shares are held in trust under this Agreement, a Shareholder shall be entitled to promptly receive a cash payment from the Voting Trustee in an amount equal to any cash dividend or distribution received by the Voting Trustee with respect to the Shares held pursuant to this Agreement for such Shareholder. In the case of any dividend or distribution paid other than in cash, the Voting Trustee shall deliver to a Shareholder in kind of any such dividend or distribution received by the Voting Trustee; provided, however, that if any such dividend or distribution shall be paid to and received by the Voting Trustee in fully paid voting shares of the capital stock of FASI, the Voting Trustee shall hold, subject to the terms of this Agreement, the certificates for such additional shares, which for purposes of this Agreement shall also be Shares.
Dividends on Shares. Subject to the limitations of Section 5(a) hereof and Section 423(b)(8) of the Code, all cash dividends, if any, paid with respect to shares of Common Stock purchased under the Stock Purchase Plan and held in a Plan Participant's Common Stock Account shall be automatically invested in shares of Common Stock purchased at 100% of Fair Market Value on the next Exercise Date. All non-cash distributions on Common Stock purchased under the Stock Purchase Plan and held in a Plan Participant's Common Stock Account shall be paid to the Plan Participant as soon as practicable.
