Common use of Payment of Dividend Equivalents Clause in Contracts

Payment of Dividend Equivalents. From and after the Date of Grant and until the earlier of (a) the time when the RSUs become nonforfeitable and payable in accordance with Section 2, Section 3 or Section 4 hereof or (b) the time when the Grantee’s right to receive Common Shares upon payment of RSUs is forfeited in accordance with Section 5 hereof, on the date that the Company pays a cash dividend (if any) to holders of Common Shares generally, the Grantee shall be entitled to a number of additional whole RSUs determined by dividing (i) the product of (A) the dollar amount of the cash dividend paid per Common Share on such date and (B) the total number of RSUs (including dividend equivalents paid thereon) previously credited to the Grantee as of such date, by (ii) the Market Value per Share on such date. Such dividend equivalents (if any) shall be subject to the same terms and conditions and shall be settled or forfeited in the same manner and at the same time as the RSUs to which the dividend equivalents were credited.

Payment of Dividend Equivalents. From and after the Date of Grant and until the earlier of (a) the time when Common Shares are delivered to the RSUs become nonforfeitable and payable Grantee as described in accordance with Section 2, Section 3 or Section 4 hereof 6 or (b) the time when the Grantee’s right to receive Common Shares upon payment of RSUs is forfeited in accordance with Section 5 hereofforfeited, on the date that the Company pays a cash dividend (if any) to holders of Common Shares generally, the Grantee shall be entitled to a number of additional whole RSUs determined by dividing (i) the product of (A) the dollar amount of the cash dividend paid per Common Share on such date and (B) the total number of RSUs (including dividend equivalents paid thereon) previously credited to the Grantee as of such date, by (ii) the Market Value per Share on such date. Such dividend equivalents (if any) shall be subject to the same terms and conditions and shall be settled or forfeited in the same manner and at the same time as the RSUs to which the dividend equivalents were credited.

Payment of Dividend Equivalents. From and after the Date of Grant and until the earlier of (a) the time when the RSUs PBRSUs become nonforfeitable and payable in accordance with Section 2, Section 3 or Section 4 the terms hereof or (b) the time when the Grantee’s right to receive Common Shares upon payment of RSUs PBRSUs is forfeited in accordance with Section 5 hereofforfeited, on the date that the Company pays a cash dividend (if any) to holders of Common Shares generally, the Grantee shall be entitled to a number of additional whole RSUs PBRSUs determined by dividing (i) the product of (A) the dollar amount of the cash dividend paid per Common Share on such date and (B) the total number of RSUs PBRSUs (including dividend equivalents paid thereon) previously credited to the Grantee as of such date, by (ii) the Market Value per Share on such date. Such dividend equivalents (if any) shall be subject to the same terms and conditions and shall be settled or forfeited in the same manner and at the same time as the RSUs PBRSUs to which the dividend equivalents were credited.

Payment of Dividend Equivalents. From and after the Date of Grant and until the earlier of (a) the time when the RSUs become nonforfeitable and payable are paid to the Grantee in accordance with Section 2, Section 3 or Section 4 hereof 6 or (b) the time when the Grantee’s right to receive the shares of Common Shares upon payment of Stock underlying the RSUs is forfeited in accordance with Section 5 hereof5, on the date that the Company pays a cash dividend (if any) or other cash distribution to holders of shares of Common Shares Stock generally, the Grantee shall will be entitled to a number of additional whole RSUs determined by dividing (i) the product of (A) the dollar amount of the cash dividend or other cash distribution paid per share of Common Share Stock on such date and (B) the total number of RSUs (including dividend equivalents paid thereon) previously credited to the Grantee as of such date, by (ii) the Market Value per Share on such date. Such dividend equivalents (if any) shall will be subject to the same terms and conditions and shall will be settled or forfeited in the same manner and at the same time as the RSUs to which the dividend equivalents were credited.

Payment of Dividend Equivalents. From and after the Date of Grant and until the earlier of (a) the time when the RSUs become nonforfeitable and payable in accordance with Section 2, Section 3 or Section 4 hereof or (b) the time when the Grantee’s 's right to receive Common Shares upon payment of RSUs is forfeited in accordance with Section 5 hereof, on the date that the Company pays a cash dividend (if any) to holders of Common Shares generally, the Grantee shall be entitled to a number of additional whole RSUs determined by dividing (i) the product of (A) the dollar amount of the cash dividend paid per Common Share on such date and (B) the total number of RSUs (including dividend equivalents paid thereon) previously credited to the Grantee as of such date, by (ii) the Market Value per Share on such date. Such dividend equivalents (if any) shall be subject to the same terms and conditions and shall be settled or forfeited in the same manner and at the same time as the RSUs to which the dividend equivalents were credited.

Payment of Dividend Equivalents. From and after the Date of Grant and until the earlier of (a) the time when the RSUs become nonforfeitable Vested and payable are settled in accordance with Section 2, Section Sections 3 or Section and 4 hereof of this Agreement or (b) the time when the GranteeParticipant’s right to receive shares of Common Shares upon payment Stock in settlement of the RSUs is forfeited in accordance with Section 5 hereof3 of this Agreement, on the date that the Company pays a cash dividend (if any) to holders of Common Shares Stock generally, the Grantee Participant shall be entitled to a number of additional whole RSUs determined by dividing (ix) the product of (Ai) the dollar amount of the cash dividend paid per share of Common Share Stock on such date and (Bii) the total number of RSUs (including dividend equivalents paid thereon) previously credited to the Grantee Participant as of such date, by (iiy) the Market Value per Share of the Common Stock on such date. Such dividend equivalents (if any) shall be subject to the same terms and conditions and shall be settled paid, in the aggregate rounded down to the nearest whole number, or forfeited in the same manner and at the same time as the RSUs to which the dividend equivalents were credited.

Payment of Dividend Equivalents. From and after the Date date of Grant this grant and until the earlier of (a) the time when the RSUs become nonforfeitable Vested and payable are paid in accordance with Section 2, Section 3 or Section Sections 4 hereof and 5 or (b) the time when the Grantee’s Participant's right to receive shares of Common Shares upon Stock in payment of the RSUs is forfeited in accordance with Section 5 hereof4, on the date that the Company pays a cash dividend (if any) to holders of Common Shares Stock generally, the Grantee Participant shall be entitled to a number of additional whole RSUs determined by dividing (ix) the product of (Ai) the dollar amount of the cash dividend paid per share of Common Share Stock on such date and (Bii) the total number of RSUs (including dividend equivalents paid thereon) previously credited to the Grantee Participant as of such date, by (ii) the Fair Market Value per Share of a share of Common Stock on such date. Such dividend equivalents (if any) shall be subject to the same terms and conditions and shall be settled paid or forfeited in the same manner and at the same time as the RSUs to which the dividend equivalents were credited.

Payment of Dividend Equivalents. From and after the Date of Grant and until the earlier of (a) the time when the RSUs become nonforfeitable and payable in accordance with Section 2Sections 3, Section 3 4, or Section 4 5 hereof or (b) the time when the Grantee’s right to receive shares of Common Shares Stock upon payment of RSUs is forfeited in accordance with Section 5 6 hereof, on the date that the Company pays a cash dividend (if any) to holders of shares of Common Shares Stock generally, the Grantee shall be entitled to a number of additional whole RSUs determined by dividing (i) the product of (A) the dollar amount of the cash dividend paid per share of Common Share Stock on such date and (B) the total number of RSUs (including dividend equivalents paid thereon) previously credited to the Grantee as of such date, by (ii) the Market Value per Per Share on such date. Such dividend equivalents (if any) shall be subject to the same terms and conditions and shall be settled or forfeited in the same manner and at the same time as the RSUs to which the dividend equivalents were credited.