Dividends definition
Examples of Dividends in a sentence
For the period beginning on the Award Date and ending on the fifth (5th) anniversary of the Award Date, each Recipient and each Recipient Entity shall not (i) engage in any stock buybacks, except for Permitted Stock Buybacks and (ii) make any dividends to Sponsor Guarantor’s shareholders, except for Permitted Dividends.
Dividends eligible to vest under this Section 8 will be subject to the same terms and conditions as the Shares of Restricted Stock on which the dividends were paid, including (but not limited to) vesting at the same time as the vesting of the Shares of Restricted Stock on which the dividends were paid.
Dividends will not accrue interest and will not be credited with any investment returns related to Shares or otherwise.