Voting and Dividend Equivalent Rights Attributable Sample Clauses

Voting and Dividend Equivalent Rights Attributable to Deferred Stock and Restricted Stock Units 17 Article 11. Dividend Equivalents 17 Article 12. Bonus Shares 18 Article 13. Other Stock-Based Awards 18 Article 14. Non-Employee Director Awards 18 Article 15. Amendment, Modification, and Termination 18 15.1 Amendment, Modification, and Termination 18 15.2 Awards Previously Granted 18 Article 16. Compliance with Code Section 409A 19 16.1 Awards Subject to Code Section 409A 19 16.2 Deferral and/or Distribution Elections 19 16.3 Subsequent Elections 19 16.4 Distributions Pursuant to Deferral Elections 19 16.5 Six Month Delay 20 16.6 Death or Disability 20 16.7 No Acceleration of Distributions 20 Article 17. Withholding 20 17.1 Required Withholding 20 17.2 Notification under Code Section 83(b) 21 Article 18. Additional Provisions 21 18.1 Successors 21 18.2 Severability 21 18.3 Requirements of Law 21 18.4 Securities Law Compliance 21 18.5 Awards Subject to Claw-Back Policies 22 18.6 Forfeiture Events 22 18.7 No Rights as a Stockholder 23 18.8 Nature of Payments 23 18.9 Non-Exclusivity of Plan 23 18.10 Governing Law 23 18.11 Unfunded Status of Awards; Creation of Trusts 23 18.12 Affiliation 23 18.13 Participation 23 18.14 Military Service 23 18.15 Construction 24 18.16 Headings 24 18.17 Obligations 24 18.18 No Right to Continue as Director 24 18.19 Stockholder Approval 24 iCAD, INC. 2024 OMNIBUS EQUITY INCENTIVE PLAN
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Related to Voting and Dividend Equivalent Rights Attributable

  • Dividend Equivalents Subject to this Paragraph 6, with respect to dividends for which a record date occurs during the Restriction Period, Participant shall be credited with a Dividend Equivalent with respect to each outstanding Restricted Stock Unit, and with respect to any related Dividend Equivalent Unit (defined below) resulting from prior reinvestments of Dividend Equivalents as provided in this Paragraph. All Dividend Equivalents so credited will be deemed to be reinvested in Restricted Stock Units on the date that the applicable dividend or distribution is made to the Company’s shareholders, based on the Target Award Units and any Dividend Equivalent Units resulting from prior reinvestments of Dividend Equivalents, in the number of Units determined by dividing the aggregate value of the Dividend Equivalents by the Fair Market Value of the Stock on such date (rounded to the nearest thousandth of a whole Unit or as otherwise reasonably determined by the Company); provided, however, that if Dividend Equivalents cannot be reinvested in Units due to the operation of Section 3(a) of the Plan, such Dividend Equivalents will be credited to Participant as a cash value based on the Target Award Units and any Dividend Equivalent Units resulting from prior reinvestments of Dividend Equivalents, which cash value shall be held by the Company (without interest) subject to this Agreement. Any Units resulting from the deemed reinvestment of dividends in accordance with this Paragraph 6 are referred to herein as “Dividend Equivalent Units.” Dividend Equivalents shall be subject to the same terms and conditions, and shall vest or be forfeited (as applicable) at the same time, upon the same conditions, and in the same proportion, as the Target Award Units set forth in this Award; provided, however, that if the Award vests after the record date for, but before the payment date of, a dividend, then the Dividend Equivalents related to such dividend and to Units vesting on the vesting date will be paid in cash or in Stock, in the sole discretion of the Company, as soon as practicable following the payment date for such dividend.

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