Dividend Credits definition

Dividend Credits means the additional Performance Shares determined as set forth in Plan Section 7(d) calculated for each Restriction Period for the Participant’s Performance Shares subject to such period.
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Dividend Credits means Equivalent Shares that the Administrator posts to each Participant’s MAC Account in any month on behalf of the Sponsoring Company pursuant to Section 4.5.
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Dividend Credits means Equivalent Shares that the Administrator posts to each Participant’s Matching Account in any month on behalf of HealthMarkets pursuant to Section 9.4.
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Examples of Dividend Credits in a sentence

  • During the Restricted Period, except as otherwise set forth in the applicable written agreement or grant certificate, in the event that dividends are paid on shares of Common Stock, an amount equal to the dividend paid on each such share shall be credited to the shares subject to Award of Restricted Stock Units ("Dividend Credits").

  • Any Dividend Credits shall be paid to the Grantee if and when the restrictions with respect to such Restricted Stock Units lapse as set forth in Section 9.5.

  • Forfeited Matching Credits and/or certain Bonus Credits and/or Dividend Credits shall be accumulated into a Forfeiture Credit Pool to be allocated and posted pursuant to Section 4.4.

  • Forfeited Matching Credits and/or certain Bonus Credits and/or Dividend Credits shall be accumulated into a Forfeiture Credit Pool to be allocated and posted pursuant to Section 9.4 only through June 30, 2010; thereafter such forfeitures shall again be available for awards under ISOP, but not pursuant to the Forfeiture Credit Pool.

  • Such Dividend Credits will be made to the Director's Deemed Share Subaccount on the amount of deemed shares credited to the Director's Deemed Share Subaccount on the dates dividends are paid by the Corporation on its actually outstanding common shares.

  • The Committee may determine in its discretion with respect to any Award of Restricted Stock Units that, in the event that dividends are paid on shares of Common Stock, an amount equal to the dividend paid on each such share shall be credited to the shares subject to Award of Restricted Stock Units ("Dividend Credits").

  • Such Dividend Credits shall be deemed reinvested in the Corporation's common shares on next Quarter End, using the computation set forth in the preceding paragraph to determine the number of whole and fractional shares to be credited to such account.

  • Any Dividend Credits shall be paid to the Grantee if and when the restrictions with respect to such Restricted Stock Units lapse as set forth in Section 10.5.

  • No interest shall be credited to a Director's Deemed Share Subaccount for the period of time from when any Dividend Credits are credited to his account until such Dividend Credits are converted to additional deemed shares.

  • A Director investing in deemed shares shall be entitled to credits equivalent to cash dividends paid on the Company's actually outstanding common shares ("Dividend Credits").


More Definitions of Dividend Credits

Dividend Credits means dividend accumulations and the cash value of paid-up additions. (See the "Dividends" provision.)
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Dividend Credits means the additional Performance Shares determined as set forth in Plan Section 7(d) calculated for each Restriction
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Dividend Credits. The Participant shall receive dividend credits upon the Company’s payment of cash dividends for its common stock during the Performance Period as follows:
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Dividend Credits means Equivalent Shares that the Administrator posts to each Participant's MAC Account in any month on behalf of the Sponsoring Company pursuant to Section 4.5.
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Dividend Credits means the additional Performance Shares determined as set forth in Plan
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Related to Dividend Credits

  • Dividend Equivalents means a right granted to a Participant under the Plan to receive the equivalent value (in cash or Shares) of dividends paid on Shares.

  • Dividend Equivalent means a right to receive the equivalent value (in cash or Shares) of dividends paid on Shares, awarded under Section 9.2.

  • Dividend Parity Stock means any class or series of stock of the Corporation that ranks on a parity with the Series E in the payment of current dividends, including the Series A, the Series B, the Series C and the Series D.

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.

  • Dividend Equivalent Rights means certain rights to receive cash payments as described in Section 3.5.

  • Stock Unit Account means the bookkeeping account established by the Company pursuant to Section 6.4.

  • DSUs means the outstanding deferred share units issued under the DSU Plan.

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.

  • Dividend Equivalent Right means an Award entitling the grantee to receive credits based on cash dividends that would have been paid on the shares of Stock specified in the Dividend Equivalent Right (or other award to which it relates) if such shares had been issued to and held by the grantee.

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • Dividend Payout Ratio means, at any date of determination, the ratio, expressed as a percentage, of (a) the sum of, without duplication, of all dividends paid by the Parent Guarantor on account of any common stock or preferred stock of the Parent Guarantor, except dividends payable solely in additional Equity Interests of the same class, to (b) Funds From Operations, in each case for the four consecutive fiscal quarters of the Parent Guarantor most recently ended.

  • Unit Account means a notional account opened and managed by Us for You, in which the Units are allocated following the receipt of the Premium from You and in which the Units are cancelled by Us for the purpose of paying the benefits or for recovering the applicable charges;

  • Phantom Shares means an Award of the right to receive Shares issued at the end of a Restricted Period which is granted pursuant to Section 6(e) of the Plan.

  • Company Matching Contributions means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 4.02.

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Stock Dividend has the meaning set forth in Section 5(a)(i)(A).

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Dividend Rate has the meaning set forth in the Statement.

  • Dividends shall have the meaning provided in Section 10.6.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Deferred Stock means a right to receive a specified number of shares of Stock during specified time periods pursuant to Article 8.

  • Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Dividend Amount means, with respect to any date on which the Company pays a dividend on its outstanding Common Stock, the amount of such dividend that is paid per share of Common Stock multiplied by (x) the Purchase Amount divided by (y) the Liquidity Price (treating the dividend date as a Liquidity Event solely for purposes of calculating such Liquidity Price).

  • Dividend Shares means any shares of Common Stock issuable in lieu of cash dividends paid or to be paid on the Series A Preferred.