Common use of Dividend Equivalents Clause in Contracts

Dividend Equivalents. (a) If on any date the Company shall pay any dividend on shares of Stock of the Company, the number of Restricted Stock Units credited to the Grantee shall, as of such date, be increased by an amount determined by the following formula: W = (X multiplied by Y) divided by Z, where: W = the number of additional Restricted Stock Units to be credited to the Grantee on such dividend payment date;

Dividend Equivalents. (a) If on any date the Company shall pay any cash dividend on shares of Common Stock of the Company, the number of Restricted Stock Units credited to the Grantee shall, as of such date, be increased by an amount determined by the following formula: W = (X multiplied by Y) divided by Z, where: W = the number of additional Restricted Stock Units to be credited to the Grantee on such dividend payment date;

Dividend Equivalents. (a) If on any date the Company shall pay any cash dividend on shares of Stock of the CompanyStock, the number of Restricted Deferred Stock Units credited to the Grantee shall, as of such date, be increased by an amount determined by the following formula: W = (X multiplied by Y) divided by Z, where: W = the number of additional Restricted Deferred Stock Units to be credited to the Grantee on such dividend payment date;

Dividend Equivalents. (a) If on any date the Company shall pay any cash dividend on shares of Common Stock of the Company, the number of Performance Restricted Stock Units credited to the Grantee shall, as of such date, be increased by an amount determined by the following formula: W = (X multiplied by Y) divided by Z, where: W = the number of additional Performance Restricted Stock Units to be credited to the Grantee on such dividend payment date;

Dividend Equivalents. (a) If on any date the Company shall pay any dividend on shares of Stock of the Company, the target number of Restricted Stock Units credited to the Grantee shall, as of such date, be increased by an amount determined by the following formula: W = (X multiplied by Y) divided by Z, where: W = the number of additional Restricted Stock Units to be credited to the Grantee on such dividend payment date;