Common use of Equity Distributions Clause in Contracts

Equity Distributions. In the case of an equity distribution, the value of distributed equity will be treated as a stock dividend, and captured using the 20-day closing price average for measuring performance, as described above.

Equity Distributions. In the case of an equity distribution, the value of distributed equity will be treated as a stock dividenddividend or unit distribution, and captured using the 20-day closing price average for measuring performance, as described above.