Common use of Payment of Dividend Equivalents Clause in Contracts

Payment of Dividend Equivalents. From and after the date of this grant and until the earlier of (a) the time when the RSUs become Vested and are paid in accordance with Sections 4 and 5 or (b) the time when the Participant's right to receive payment for the RSUs is forfeited in accordance with Section 4, on the date that the Company pays a cash dividend (if any) to holders of Common Stock generally, the Participant shall be entitled to a number of additional whole RSUs determined by dividing (x) the product of (i) the dollar amount of the cash dividend paid per share of Common Stock on such date and (ii) the total number of RSUs (including dividend equivalents paid thereon) previously credited to the Participant as of such date, by (ii) the Fair Market Value 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 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 date of this grant Award Date and until the earlier of (a) the time when the RSUs become Vested nonforfeitable and are paid payable in accordance with Sections 4 and 3, 4, or 5 above or (b) the time when the Participant's your right to receive shares of Common Stock upon payment for the of RSUs is forfeited in accordance with Section 46 above, on the date that the Company Dxxx pays a cash dividend (if any) to holders of shares of Common Stock generally, the Participant shall you will be entitled to a number of additional RSUs (rounded down to the nearest whole RSUs number) determined by dividing (xi) the product of (iA) the dollar amount of the cash dividend paid per share of Common Stock on such date and (iiB) the total number of RSUs (including RSUs attributable to prior dividend equivalents paid thereonequivalents) previously credited to the Participant you as of such date, by (ii) the Fair Market Value of a share of Common Stock Per Share on such date. Such dividend equivalents (if any) shall will be subject to the same terms and conditions and shall will be paid settled 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 date Date of this grant Grant and until the earlier of (a) the time when the RSUs become Vested nonforfeitable and are paid payable in accordance with Sections 4 and 5 the terms hereof or (b) the time when the Participant's Grantee’s right to receive Common Shares upon payment for the of RSUs is forfeited in accordance with Section 4forfeited, on the date that the Company pays a cash dividend (if any) to holders of Common Stock Shares generally, the Participant Grantee shall be entitled to a number of additional whole RSUs determined by dividing (xi) the product of (iA) the dollar amount of the cash dividend paid per share of Common Stock Share on such date and (iiB) the total number of RSUs (including dividend equivalents paid thereon) previously credited to the Participant Grantee as of such date, by (ii) the Fair Market Value of a share of Common Stock per Share on such date. Such dividend equivalents (if any) shall be subject to the same terms and conditions and shall be paid settled 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 date of this grant Award Date and until the earlier of (a) the time when the RSUs become Vested nonforfeitable and are paid payable in accordance with Sections 4 and 3, 4, or 5 above or (b) the time when the Participant's your right to receive shares of Common Stock upon payment for the of RSUs is forfeited in accordance with Section 46 above, on the date that the Company Xxxx pays a cash dividend (if any) to holders of shares of Common Stock generally, the Participant shall you will be entitled to a number of additional whole RSUs determined by dividing (xi) the product of (iA) the dollar amount of the cash dividend paid per share of Common Stock on such date and (iiB) the total number of RSUs (including dividend equivalents paid thereon) previously credited to the Participant you as of such date, by (ii) the Fair Market Value of a share of Common Stock Per Share on such date. Such dividend equivalents (if any) shall will be subject to the same terms and conditions and shall will be paid settled 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 date of this grant Award Date and until the earlier of (a) the time when the RSUs become Vested nonforfeitable and are paid payable in accordance with Sections 4 and 3, 4, or 5 above or (b) the time when the Participant's your right to receive shares of Common Stock upon payment for the of RSUs is forfeited in accordance with Section 46 above, on the date that the Company Xxxx pays a cash dividend (if any) to holders of shares of Common Stock generally, the Participant shall you will be entitled to a number of additional RSUs (rounded down to the nearest whole RSUs number) determined by dividing (xi) the product of (iA) the dollar amount of the cash dividend paid per share of Common Stock on such date and (iiB) the total number of RSUs (including RSUs attributable to prior dividend equivalents paid thereonequivalents) previously credited to the Participant you as of such date, by (ii) the Fair Market Value of a share of Common Stock Per Share on such date. Such dividend equivalents (if any) shall will be subject to the same terms and conditions and shall will be paid settled 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.