Common use of Payment of Dividend Equivalents Clause in Contracts

Payment of Dividend Equivalents. From and after the Award Date and until the earlier of (a) the time when the RSUs become nonforfeitable and payable in accordance with Sections 3, 4, or 5 above or (b) the time when your right to receive shares of Common Stock upon payment of RSUs is forfeited in accordance with Section 6 above, on the date that Xxxx pays a cash dividend (if any) to holders of shares of Common Stock generally, you 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 paid per share of Common Stock on such date and (B) the total number of RSUs (including dividend equivalents paid thereon) previously credited to you as of such date, by (ii) the Market Value Per Share on such date. Such dividend equivalents (if any) will be subject to the same terms and conditions and 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 Award Date date of this grant and until the earlier of (a) the time when the RSUs become nonforfeitable Vested and payable are paid in accordance with Sections 3, 4, or 4 and 5 above or (b) the time when your the Participant's right to receive shares of Common Stock upon payment of for the RSUs is forfeited in accordance with Section 6 above4, on the date that Xxxx the Company pays a cash dividend (if any) to holders of shares of Common Stock generally, you will the 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 Stock on such date and (Bii) the total number of RSUs (including dividend equivalents paid thereon) previously credited to you the 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) will shall be subject to the same terms and conditions and will 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. Form of Restricted Stock Unit Agreement (Time-based) – Standard Intl.

Payment of Dividend Equivalents. From and after the Award Date and until the earlier of (a) the time when the RSUs become nonforfeitable and payable in accordance with Sections 3, 4, or 5 above or (b) the time when your right to receive shares of Common Stock upon payment of RSUs is forfeited in accordance with Section 6 above, on the date that Xxxx Dxxx pays a cash dividend (if any) to holders of shares of Common Stock generally, you will be entitled to a number of additional RSUs (rounded down to the nearest whole RSUs number) determined by dividing (i) the product of (A) the dollar amount of the cash dividend paid per share of Common Stock on such date and (B) the total number of RSUs (including RSUs attributable to prior dividend equivalents paid thereonequivalents) previously credited to you as of such date, by (ii) the Market Value Per Share on such date. Such dividend equivalents (if any) will be subject to the same terms and conditions and 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 Award Date of Grant and until the earlier of (a) the time when the RSUs become nonforfeitable and payable in accordance with Sections 3, 4, or 5 above the terms hereof or (b) the time when your the Grantee’s right to receive shares of Common Stock Shares upon payment of RSUs is forfeited in accordance with Section 6 aboveforfeited, on the date that Xxxx the Company pays a cash dividend (if any) to holders of shares of Common Stock Shares generally, you will 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 Stock Share on such date and (B) the total number of RSUs (including dividend equivalents paid thereon) previously credited to you the Grantee as of such date, by (ii) the Market Value Per per Share on such date. Such dividend equivalents (if any) will shall be subject to the same terms and conditions and will 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 Award Date and until the earlier of (a) the time when the RSUs become nonforfeitable and payable in accordance with Sections 3, 4, or 5 above or (b) the time when your right to receive shares of Common Stock upon payment of RSUs is forfeited in accordance with Section 6 above, on the date that Xxxx pays a cash dividend (if any) to holders of shares of Common Stock generally, you will be entitled to a number of additional RSUs (rounded down to the nearest whole RSUs number) determined by dividing (i) the product of (A) the dollar amount of the cash dividend paid per share of Common Stock on such date and (B) the total number of RSUs (including RSUs attributable to prior dividend equivalents paid thereonequivalents) previously credited to you as of such date, by (ii) the Market Value Per Share on such date. Such dividend equivalents (if any) will be subject to the same terms and conditions and 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 Award Date date of this grant and until the earlier of (a) the time when the RSUs become nonforfeitable Vested and payable are paid in accordance with Sections 3, 4, or 4 and 5 above or (b) the time when your the Participant's right to receive shares of Common Stock upon in payment of the RSUs is forfeited in accordance with Section 6 above4, on the date that Xxxx the Company pays a cash dividend (if any) to holders of shares of Common Stock generally, you will the 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 Stock on such date and (Bii) the total number of RSUs (including dividend equivalents paid thereon) previously credited to you the 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) will shall be subject to the same terms and conditions and will 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.