Non-Cash Dividends. If the Company declares and pays a dividend or distribution on Shares in the form of property other than Shares, then a number of additional Restricted Stock Units shall be credited to Grantee’s Account as of the payment date for such dividend or distribution equal to the number of Restricted Stock Units credited to the Account as of the record date for such dividend or distribution, multiplied by the fair market value of such property actually paid as a dividend or distribution on each outstanding Share at such payment date, divided by the Fair Market Value of a Share as of such payment date.
Appears in 5 contracts
Samples: Restricted Stock Unit Award Agreement, Restricted Stock Unit Award Agreement (Interdigital Communications Corp), Restricted Stock Unit Award Agreement (Interdigital Communications Corp)
