Examples of Accrued Dividend Amount in a sentence
If and to the extent that the underlying Performance-Hurdled Restricted Stock Units are forfeited, the related Accrued Dividend Amount shall also be forfeited.
Notwithstanding anything herein to the contrary, in no event shall the aggregate liability of the Company under this Article V exceed an amount equal to the Total Accrued Dividend Amount set forth in Exhibit A to the Purchase Agreement.
Notwithstanding Section 6(c) of the SAR Agreement , you hereby waive the right to receive any Accrued Dividend Amount with respect to any Additional SARs that accrues prior to the vesting of such Additional SARs, except as otherwise provided pursuant to Section 3(c)(i) below.
If a Performance- Hurdled Restricted Stock Unit and any Accrued Dividend Amount do not constitute a “nonqualified deferred compensation arrangement” subject to Section 409A of the Code, then the Performance- Hurdled Restricted Stock Unit and Accrued Dividend Amount shall be settled no later than the March 15th following the calendar year in which it became vested.
The Accrued Dividend Amount will be subject to the same vesting terms and other conditions as the Performance-Hurdled Restricted Stock Units to which it relates and will be paid in cash at the same time and subject to the same terms as the underlying vested Performance-Hurdled Restricted Stock Units.