Dividend Rights definition
Examples of Dividend Rights in a sentence
Such Accrued Dividend Rights (if any) shall be subject to the same terms and conditions, including payment timing, vesting and the obligation to satisfy any withholding tax obligations, in the same manner and at the same time as the RSUs to which the Accrued Dividend Rights relate; provided, that amounts payable in respect of the Accrued Dividend Rights shall be paid in cash.
Dividend Rights: Dividends paid on shares of Performance-Based Restricted Stock shall be automatically reinvested in additional Performance-Based Restricted Stock which shall be subject to the same terms as the shares of Performance-Based Restricted Stock to which the dividends relate, as specified in Section 5 of the Terms and Conditions of Performance-Based Restricted Stock.
Grantee shall have no Cash Dividend Rights with respect to the RSUs.
Dividend Rights No cash dividends will be paid on RSUs and/or on the shares of ▇▇▇▇ Class A common stock underlying the RSUs. Stock dividends, distributions and extraordinary, significant non-recurring cash dividends may result in an adjustment to the number of RSUs, as determined by the Committee or the Board and as further provided by the Plan.
Valero is hereby authorized to withhold from any settlement of the Restricted Units or Dividend Rights the amount of any applicable withholding taxes with respect to such settlement, and to take any other action necessary to satisfy all obligations for the payment of the taxes.
This Agreement shall not create or be construed to create a trust or separate fund of any kind or any fiduciary relationship between Valero and Greehey or any other person with respect to the Restricted Units and Dividend Rights.
Except for the Dividend Rights described above, neither Greehey nor any person claiming by, through or under Greehey with respect to the Restricted Units shall have any rights as a stockholder of Valero (including, without limitation, voting rights).
The Participant will receive no payment for unvested forfeited Units or Cash Dividend Rights.
The term Dividend Rights shall mean the rights to receive cash distributions pursuant to Section 4.1.
Dividend Rights The Youku amended and restated articles of association do not contain provisions such as those described in the two paragraphs for Tudou under this heading "Dividend and Liquidation Rights." The directors may deduct from any dividend or distribution payable to any Tudou shareholder all sums of money (if any) then payable by him to Tudou on account of calls or otherwise.