Common use of New D&B Employees Clause in Contracts

New D&B Employees. As of the Effective Time, Corporation Restricted Stock and Dividended Restricted Stock credited to New D&B Employees shall be forfeited and such individuals shall receive replacement New D&B Common Shares of restricted stock ("New D&B Restricted Stock") equal to (i) the number of shares of forfeited Dividended Restricted Stock plus (ii) the product of the number of shares of forfeited Corporation Restricted Stock multiplied by the New D&B Ratio and the reciprocal of the RHD Ratio, such replacement shares of New D&B Restricted Stock to have the same terms as the Corporation Restricted Stock from which they arose.

Appears in 4 contracts

Samples: Employee Benefits Agreement (Dun & Bradstreet Corp), Employee Benefits Agreement (Dun & Bradstreet Corp /De/), Employee Benefits Agreement (New Dun & Bradstreet Corp)

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