Restricted Stock Dividends. Notwithstanding anything to the contrary in any agreement relating to awards of restricted Stock, any dividends relating to shares of restricted Stock that are subject to vesting requirements shall be paid by the 15th day of the third month following the date that the right to such dividends vests.
Appears in 5 contracts
Samples: Benefits Continuation Agreement (Cooper Industries PLC), Executive Employment Agreement (Nabors Industries LTD), Executive Employment Agreement (Nabors Industries LTD)
Restricted Stock Dividends. Notwithstanding anything to the contrary in any agreement relating to awards of restricted Stockstock, any dividends relating to shares of restricted Stock stock that are subject to vesting requirements shall be paid by the 15th fifteenth (15th) day of the third (3rd) month following the date that the right to such dividends vests.
Appears in 3 contracts
Samples: Executive Employment Agreement (Nabors Industries LTD), Executive Employment Agreement (Nabors Industries LTD), Executive Employment Agreement (Nabors Industries LTD)
