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Common use of Dividends on Shares Clause in Contracts

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.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Boston Private Financial Holdings Inc), Restricted Stock Award Agreement (Boston Private Financial Holdings Inc), Restricted Stock Award Agreement (Boston Private Financial Holdings Inc)

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 33 and Schedule A hereof.

Appears in 2 contracts

Samples: Performance Restricted Stock Award Agreement (Boston Private Financial Holdings Inc), Performance Restricted Stock Award Agreement (Boston Private Financial Holdings Inc)

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. 5.

Appears in 1 contract

Samples: Restricted Stock Award Agreement