Common use of Dividend Equivalent Rights Clause in Contracts

Dividend Equivalent Rights. Each One-time RSU shall include a Dividend Equivalent Right. Accordingly, with respect to each of your Outstanding One-time RSUs, at or after the time of distribution of any regular cash dividend paid by GS Inc. in respect of a Share the record date for which occurs on or after the Date of Grant, you shall be entitled to receive an amount (less applicable withholding) equal to such regular dividend payment as would have been made in respect of the Share underlying such Outstanding One-time RSU. Payment in respect of a Dividend Equivalent Right shall be made only with respect to One-time RSUs that are Outstanding on the relevant record date. Each Dividend Equivalent Right shall be subject to the provisions of Section 2.8.2 of the Plan.

Appears in 6 contracts

Samples: Stock Incentive (Goldman Sachs Group Inc), Award Agreement (Goldman Sachs Group Inc), Stock Incentive Plan                     incentive (Goldman Sachs Group Inc)

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Dividend Equivalent Rights. Each One-time Time RSU shall include a Dividend Equivalent Right. Accordingly, with respect to each of your Outstanding One-time Time RSUs, at or after the time of distribution of any regular cash dividend paid by GS Inc. in respect of a Share the record date for which occurs on or after the Date of Grant, you shall be entitled to receive an amount (less applicable withholding) equal to such regular dividend payment as would have been made in respect of the Share underlying such Outstanding One-time Time RSU. Payment in respect of a Dividend Equivalent Right shall be made only with respect to One-time Time RSUs that are Outstanding on the relevant record date. Each Dividend Equivalent Right shall be subject to the provisions of Section 2.8.2 of the Plan.

Appears in 5 contracts

Samples: Stock Incentive Plan (Goldman Sachs Group Inc), Stock Incentive Plan (Goldman Sachs Group Inc), Stock Incentive Plan (Goldman Sachs Group Inc)

Dividend Equivalent Rights. Each OneYear-time End RSU shall include a Dividend Equivalent Right. Accordingly, with respect to each of your Outstanding OneYear-time End RSUs, at or after the time of distribution of any regular cash dividend paid by GS Inc. in respect of a Share the record date for which occurs on or after the Date of Grant, you shall be entitled to receive an amount (less applicable withholding) equal to such regular dividend payment as would have been made in respect of the Share underlying such Outstanding OneYear-time End RSU. Payment in respect of a Dividend Equivalent Right shall be made only with respect to OneYear-time End RSUs that are Outstanding on the relevant record date. Each Dividend Equivalent Right shall be subject to the provisions of Section 2.8.2 of the Plan.

Appears in 2 contracts

Samples: Award Agreement (Goldman Sachs Group Inc/), Award Agreement (Goldman Sachs Group Inc/)

Dividend Equivalent Rights. Each One-time RSU shall include a Dividend Equivalent Right. Accordingly, with respect to each of your Outstanding One-time RSUs, at or after the time of distribution of any regular cash dividend paid by GS Inc. in respect of a Share the record date for which occurs on or after the Date of Grant, you shall be entitled to receive an amount (less applicable withholding) equal to such regular dividend payment as would have been made in respect of the Share underlying such Outstanding One-time RSU. Payment in respect of a Dividend Equivalent Right shall be made only with respect to One-time RSUs that are Outstanding on the relevant record payment date. Each Dividend Equivalent Right shall be subject to the provisions of Section 2.8.2 of the Plan.

Appears in 1 contract

Samples: Award Agreement (Goldman Sachs Group Inc/)

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Dividend Equivalent Rights. Each One-time RSU shall include a Dividend Equivalent Right. Accordingly, with respect to each of your Outstanding One-time RSUs, at or after the time of distribution of any regular cash dividend paid by GS Inc. in respect of a Share the record date for which occurs on or after the Date of Grant, you shall be entitled to receive an amount (less applicable withholding) equal to such regular dividend payment as would have been made in respect of the Share underlying such Outstanding One-time RSU. Payment in respect of a Dividend Equivalent Right shall be made only with respect to One-One- time RSUs that are Outstanding on the relevant record date. Each Dividend Equivalent Right shall be subject to the provisions of Section 2.8.2 of the Plan.

Appears in 1 contract

Samples: Award Agreement (Goldman Sachs Group Inc)

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