Common use of Scrip dividends Clause in Contracts

Scrip dividends. 39.1 The Board may offer any holder of shares the right to elect to receive shares, credited as fully paid, instead of cash in respect of the whole (or some part, to be determined by the Board) of all or any dividend subject to the following terms and conditions:

Appears in 3 contracts

Samples: Business Combination Agreement (FMC Technologies Inc), Transaction Agreement (Cyberonics Inc), Transaction Agreement (Cyberonics Inc)

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Scrip dividends. 39.1 40.1 The Board may offer any holder of shares the right to elect to receive shares, credited as fully paid, instead of cash in respect of the whole (or some part, to be determined by the Board) of all or any dividend subject to the following terms and conditions:

Appears in 3 contracts

Samples: Shareholder Agreement (Globe Specialty Metals Inc), Business Combination Agreement (Globe Specialty Metals Inc), Business Combination Agreement (Globe Specialty Metals Inc)

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