Common use of Dividends/Dividend Equivalents Clause in Contracts

Dividends/Dividend Equivalents. Notwithstanding anything in this Plan to the contrary, to the extent that an Award contains a right to receive dividends or dividend equivalents while such Award remains unvested, such dividends or dividend equivalents will be accumulated and paid once and to the extent that the underlying Award vests.

Appears in 4 contracts

Samples: Business Combination Agreement (Goal Acquisitions Corp.), Lock Up Agreement (Cleantech Acquisition Corp.), Agreement and Plan of Merger (TradeUP Acquisition Corp.)

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Dividends/Dividend Equivalents. Notwithstanding anything in this Plan to the contrary, to the extent that an Award contains a right to receive dividends or dividend equivalents while such Award remains unvested, such dividends or dividend equivalents will be accumulated and paid once and to the extent that the underlying Award vests, and forfeited to the extent the underlying Award is forfeited.

Appears in 1 contract

Samples: Business Combination Agreement (Altimar Acquisition Corp. II)

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