Applicable Dividends definition
Examples of Applicable Dividends in a sentence
A Participant may elect to have Applicable Dividends reinvested in Company Common Stock or credited to the Participant’s Dividend Payout Account and paid to such Participant in cash.
In all events such distribution of Applicable Dividends shall be made no later than 90 days following the last day of the calendar quarter in which such Applicable Dividends are paid by the Company.
Any Participant who does not make an election hereunder shall be deemed to have elected to have any Applicable Dividends reinvested in Company Common Stock.
A Participant who has elected to receive an Applicable Dividend in cash will receive a distribution of such Applicable Dividends as promptly as practicable following the payment of the Company’s quarterly dividends.
Physical Settlement: Applicable Settlement Date: Termination Date Settlement Currency: USD Settlement Method Election: Not Applicable Dividends: The Equity Amount Payer will pay to the Equity Amount Receiver on each Dividend Payment Date an amount equal to the product of (a) the Dividend Amount and (b) the aggregate number of Shares that the Hedging Party holds as its Hedge Positions on the record date corresponding to such Dividend Payment Date.
Any Applicable Dividends allocated to a Participant’s Dividend Payout Account may not be reallocated.
One such subaccount shall contain the Applicable Dividends credited to the Participant’s Dividend Payout Accounts.