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.
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Samples: Nonqualified Tock Option and Dividend Equivalent Agreement, Equivalent Agreement (National Holdings Corp), 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.
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