Common use of Dividend Equivalent Rights Distributions Clause in Contracts

Dividend Equivalent Rights Distributions. As of any date that the Corporation pays an ordinary cash dividend on its Common Stock, the Corporation shall credit the Participant with an additional number of Stock Units equal to (i) the per share cash dividend paid by the Corporation on its Common Stock on such date, multiplied by (ii) the total number of Stock Units (including any dividend equivalents previously credited hereunder) (with such total number adjusted pursuant to Section 7.1 of the Plan) subject to the Award as of the related dividend payment record date, divided by (iii) the fair market value of a share of Common Stock on the date of payment of such dividend. Any Stock Units credited pursuant to the foregoing provisions of this Section 5(b) shall be subject to the same vesting, payment and other terms, conditions and restrictions as the original Stock Units to which they relate. No crediting of Stock Units shall be made pursuant to this Section 5(b) with respect to any Stock Units which, as of such record date, have either been paid pursuant to Section 7 or terminated pursuant to Section 8.

Dividend Equivalent Rights Distributions. As of any date that the Corporation Company pays an ordinary cash dividend on its Common StockOrdinary Shares, the Corporation Company shall credit the Participant with an additional number of Stock Share Units equal to (i) the per share cash dividend paid by the Corporation Company on its Common Stock Ordinary Shares on such date, multiplied by (ii) the total number of Stock Share Units (including any dividend equivalents previously credited hereunder) (with such total number adjusted pursuant to Section 7.1 of the Plan) subject to the Award as of the related dividend payment record date, divided by (iii) the fair market value of a share of Common Stock an Ordinary Share on the date of payment of such dividend. Any Stock Share Units credited pursuant to the foregoing provisions of this Section 5(b) shall be subject to the same vesting, payment and other terms, conditions and restrictions as the original Stock Share Units to which they relate. No crediting of Stock Share Units shall be made pursuant to this Section 5(b) with respect to any Stock Share Units which, as of such record date, have either been paid pursuant to Section 7 or terminated pursuant to Section 3 or Section 8.

Dividend Equivalent Rights Distributions. As of any date that the Corporation Company pays an ordinary cash dividend on its Common StockOrdinary Shares, the Corporation Company shall credit the Participant with an additional number of Stock Share Units equal to (i) the per share cash dividend paid by the Corporation Company on its Common Stock Ordinary Shares on such date, multiplied by (ii) the total number of Stock Share Units (including any dividend equivalents previously credited hereunder) (with such total number adjusted pursuant to Section 7.1 of the Plan) subject to the Award as of the related dividend payment record date, divided by (iii) the fair market value of a share of Common Stock an Ordinary Share on the date of payment of such dividend. Any Stock Share Units credited pursuant to the foregoing provisions of this Section 5(b) shall be subject to the same vesting, payment and other terms, conditions and restrictions as the original Stock Share Units to which they relate. No crediting of Stock Share Units shall be made pursuant to this Section 5(b) with respect to any Stock Share Units which, as of such record date, have either been paid pursuant to Section 7 or terminated pursuant to Section 8.

Dividend Equivalent Rights Distributions. As of any date that the Corporation pays an ordinary cash dividend on its Common Stock, the Corporation shall credit the Participant Director with an additional number of Stock Units equal to (i) the per share cash dividend paid by the Corporation on its Common Stock on such date, multiplied by (ii) the total number of Stock Units (including any dividend equivalents previously credited hereunder) (with such total number adjusted pursuant to Section 7.1 of the Plan) subject to the Award as of the related dividend payment record date, divided by (iii) the fair market value of a share of Common Stock on the date of payment of such dividend. Any Stock Units credited pursuant to the foregoing provisions of this Section 5(b) shall be subject to the same vesting, payment and other terms, conditions and restrictions as the original Stock Units to which they relate. No crediting of Stock Units shall be made pursuant to this Section 5(b) with respect to any Stock Units which, as of such record date, have either been paid pursuant to Section 7 or terminated pursuant to Section 8.

Dividend Equivalent Rights Distributions. As of any date that the Corporation Company pays an ordinary cash dividend on its Common StockOrdinary Shares, the Corporation Company shall credit the Participant with an additional number of Stock Share Units equal to (i) the per share cash dividend paid by the Corporation Company on its Common Stock Ordinary Shares on such date, multiplied by (ii) the total number of Stock Share Units (including any dividend equivalents previously credited hereunder) (with such total number adjusted pursuant to Section 7.1 of the Plan) subject to the Award as of the related ​ ​ dividend payment record date, divided by (iii) the fair market value of a share of Common Stock an Ordinary Share on the date of payment of such dividend. Any Stock Share Units credited pursuant to the foregoing provisions of this Section 5(b) shall be subject to the same vesting, payment and other terms, conditions and restrictions as the original Stock Share Units to which they relate. No crediting of Stock Share Units shall be made pursuant to this Section 5(b) with respect to any Stock Share Units which, as of such record date, have either been paid pursuant to Section 7 or terminated pursuant to Section 3 or Section 8.

Dividend Equivalent Rights Distributions. As of any date that the Corporation pays an ordinary cash dividend on its Common Stock, the Corporation shall credit the Participant with an additional number of Stock Units equal to (i) the per share cash dividend paid by the Corporation on its Common Stock on such date, multiplied by (ii) the total number of Stock Units (including any dividend equivalents previously credited hereunder) (with such total number adjusted pursuant to Section 7.1 of the Plan) subject to the Award as of the related dividend payment record date, divided by (iii) the fair market value of a share of Common Stock on the date of payment of such dividend. Any Stock Units credited pursuant to the foregoing provisions of this Section 5(b) 5.2 shall be subject to the same vesting, payment and other terms, conditions and restrictions as the original Stock Units to which they relate. No crediting of Stock Units shall be made pursuant to this Section 5(b) 5.2 with respect to any Stock Units which, as of such record date, have either been paid pursuant to Section 7 6 or terminated pursuant to Section 87.