Common use of Additional Cash Payment Clause in Contracts

Additional Cash Payment. Additional cash payments equal to the amount of dividends, if any, which would have been paid to the Recipient had shares of Common Stock been issued in lieu of the vesting Equivalents, will be paid, solely with respect to the number of Performance Equivalents vesting as of the Vesting/Payment Date, on or after such Vesting/Payment Date, but not later than the December 31 following such Vesting/Payment Date. No interest shall be included in the calculation of such additional cash payment.

Appears in 4 contracts

Samples: Performance Restricted Stock Equivalent Award Agreement (Energizer Holdings Inc), Performance Restricted Stock Equivalent Award Agreement (Energizer Holdings Inc), Performance Restricted Stock Equivalent Award Agreement (Energizer Holdings Inc)

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Additional Cash Payment. Additional cash payments equal to the amount of dividends, if any, which would have been paid to the Recipient had shares of Common Stock been issued in lieu of the vesting Equivalents, as well as any cash dividend for which the record date has passed but the payment date has not yet occurred, will be paid, solely with respect to the number of Performance Equivalents vesting as of the Vesting/Payment Date, paid on or after such the Vesting/Payment Date, but not later than the December 31 following such 31st of the year in which the Vesting/Payment DateDate occurs. No interest shall be included in the calculation of such additional cash payment.

Appears in 3 contracts

Samples: Restricted Stock Equivalent Award Agreement (Energizer Holdings, Inc.), Restricted Stock Equivalent Award Agreement (EDGEWELL PERSONAL CARE Co), Restricted Stock Equivalent Award Agreement (Energizer Holdings, Inc.)

Additional Cash Payment. Additional cash payments equal to the amount of dividends, if any, which would have been paid to the Recipient had shares of Common Stock been issued in lieu of the vesting Equivalents, will be paid, solely with respect to the number of Performance Equivalents vesting as of the Vesting/Vesting Payment Date, on or after such the Vesting/Payment Date, but not later than the December 31 following such the Vesting/Payment Date. No interest shall be included in the calculation of such additional cash payment.

Appears in 1 contract

Samples: Restricted Stock Equivalent Award Agreement (Energizer Holdings Inc)

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Additional Cash Payment. Additional cash payments equal to the amount of dividends, if any, which would have been paid to the Recipient had shares of Common Stock been issued in lieu of the vesting Performance Equivalents, will be paid, solely with respect to the number of Performance Equivalents vesting as of the Vesting/Payment Date, on or after such Vesting/Payment Date, but not later than the December 31 following such Vesting/Payment Date. No interest shall be included in the calculation of such additional cash payment.

Appears in 1 contract

Samples: Performance Restricted Stock Equivalent Award Agreement (Energizer Holdings Inc)

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