Common use of No Dividend Equivalents Clause in Contracts

No Dividend Equivalents. If during the period the Holder holds any Units awarded hereby the Company pays a dividend in cash, securities or otherwise with respect to the Company’s outstanding ordinary shares, nominal value $0.001 per share (the “Shares”), the Holder shall receive no dividend equivalent payment with respect to the Holder’s Units.

Appears in 7 contracts

Samples: Restricted Share Unit Award Agreement (Weatherford International PLC), Performance Units Award Agreement (Weatherford International PLC), Performance Units Award Agreement (Weatherford International PLC)

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No Dividend Equivalents. If during the period the Holder holds any Units awarded hereby and the Company pays a dividend in cash, securities or otherwise with respect to the Company’s outstanding ordinary shares, nominal value $0.001 per share (the “Shares”), the Holder shall receive no dividend equivalent payment with respect to the Holder’s Units.

Appears in 2 contracts

Samples: Performance Share Units Award Agreement (Weatherford International PLC), Performance Share Units Award Agreement (Weatherford International PLC)

No Dividend Equivalents. If during the period the Holder holds any Units awarded hereby the Company pays a dividend in cash, securities Shares or otherwise with respect to the Company’s outstanding ordinary sharesOrdinary Shares, nominal value $0.001 per share Share (the “Shares”), the Holder shall receive no dividend equivalent payment with respect to the Holder’s Units.. -2- 2010 Plan; Officer PUA Agreement

Appears in 1 contract

Samples: Performance Units Award Agreement (Weatherford International PLC)

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No Dividend Equivalents. If during the period the Holder holds any Units awarded hereby the Company pays a dividend in cash, securities Shares or otherwise with respect to the Company’s outstanding ordinary sharesOrdinary Shares, nominal value $0.001 per share Share (the “Shares”), the Holder shall receive no dividend equivalent payment with respect to the Holder’s Units.

Appears in 1 contract

Samples: Performance Units Award Agreement (Weatherford International LTD)

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