Grant of Dividend Equivalents. The Dividend Equivalent gives the Participant the right to share in ordinary cash dividends declared on shares of Common Stock subject to any unexercised portion of the Option, for which adjustments are not permissible under Section 8 below, subject to the terms and conditions set forth herein.
Appears in 3 contracts
Samples: Nonqualified Stock Option and Dividend Equivalent Agreement, Nonqualified Stock Option and Dividend Equivalent Agreement (National Holdings Corp), Nonqualified Stock Option and Dividend Equivalent Agreement (National Holdings Corp)
Grant of Dividend Equivalents. The Dividend Equivalent gives the Participant the right to share in ordinary cash dividends declared on shares of Common Stock subject to any unexercised portion of the Option, Option for which adjustments are not permissible under Section 8 below, subject to the terms and conditions set forth herein.
Appears in 1 contract
Samples: Nonqualified Stock Option and Dividend Equivalent Agreement (National Holdings Corp)
