Common use of Stockholder Rights; Dividend Equivalents Clause in Contracts

Stockholder Rights; Dividend Equivalents. The Performance Units will not confer upon you any rights or privileges of a stockholder of the Company, except that at such time as the Unit Value of all Series FY02-6 Performance Units granted to you has been paid to you (or on your behalf), you will receive dividend equivalents on the Performance Units if, as, and when dividends are paid on Celera Genomics Stock, provided that dividend equivalents will not be paid on any Performance Unit following payment of the Unit Value or termination or expiration of such Performance Unit.

Appears in 1 contract

Samples: Performance Unit Agreement (Applera Corp)

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Stockholder Rights; Dividend Equivalents. The Performance Units will not confer upon you any rights or privileges of a stockholder of the Company, except that at such time as the Unit Value of all Series FY02-6 1 Performance Units granted to you and Series FY02-2 Performance Units has been paid to you (or on your behalf)paid, you will receive dividend equivalents on the Performance Units if, as, and when dividends are paid on Celera Genomics Applied Biosystems Stock, provided that dividend equivalents will not be paid on any Performance Unit following payment of the Unit Value or termination or expiration of such Performance Unit.

Appears in 1 contract

Samples: Performance Unit Agreement (Applera Corp)

Stockholder Rights; Dividend Equivalents. The Performance Units will not confer upon you any rights or privileges of a stockholder of the Company, except that at such time as the Unit Value of all Series FY02-6 1 Performance Units, Series FY02-2 Performance Units, and Series FY03-3 Performance Units granted to you has been paid to you (or on your behalf)paid, you will receive dividend equivalents on the Performance Units if, as, and when dividends are paid on Celera Genomics Applied Biosystems Stock, provided that dividend equivalents will not be paid on any Performance Unit following payment of the Unit Value or termination or expiration of such Performance Unit.

Appears in 1 contract

Samples: Performance Unit Agreement (Applera Corp)

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Stockholder Rights; Dividend Equivalents. The Performance Units will not confer upon you any rights or privileges of a stockholder of the Company, except that at such time as the Unit Value of all Series FY02-6 1 Performance Units granted to you has been paid to you (or on your behalf), you will receive dividend equivalents on the Performance Units if, as, and when dividends are paid on Celera Genomics Applied Biosystems Stock, provided that dividend equivalents will not be paid on any Performance Unit following payment of the Unit Value or termination or expiration of such Performance Unit.

Appears in 1 contract

Samples: Performance Unit Agreement (Applera Corp)

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