Common use of Risk of Forfeiture and Settlement of Units Resulting from Dividend Equivalents and Adjustments Clause in Contracts

Risk of Forfeiture and Settlement of Units Resulting from Dividend Equivalents and Adjustments. Units which directly or indirectly result from Dividend Equivalents on or adjustments to a Unit granted hereunder shall be subject to the same risk of forfeiture as applies to the granted Unit and will be settled at the same time as the granted Unit.

Appears in 6 contracts

Samples: Restricted Stock Units Agreement (Bristol Myers Squibb Co), Restricted Stock Units Agreement (Bristol Myers Squibb Co), Restricted Stock Units Agreement (Horace Mann Educators Corp /De/)

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Risk of Forfeiture and Settlement of Units Resulting from Dividend Equivalents and Adjustments. Units which that directly or indirectly result from Dividend Equivalents on or adjustments to a Unit granted hereunder shall be subject to the same risk of forfeiture as applies to the granted Unit and in any event will be settled at the same time as the underlying granted Unit.

Appears in 2 contracts

Samples: Inducement Restricted Stock Units Agreement (Gleacher & Company, Inc.), Inducement Restricted Stock Units Agreement (Gleacher & Company, Inc.)

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Risk of Forfeiture and Settlement of Units Resulting from Dividend Equivalents and Adjustments. Units which directly or indirectly result from Dividend Equivalents on or adjustments to a Unit granted hereunder shall be subject to the same risk of forfeiture and other conditions as applies apply to the granted Unit and will be settled at the same time as the granted Unit.

Appears in 2 contracts

Samples: Performance Units Agreement (New Jersey Resources Corp), Performance Units Agreement (New Jersey Resources Corp)

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