Common use of Other Payment Events Clause in Contracts

Other Payment Events. Notwithstanding Section 5(a), to the extent that the Common Shares covered by this Agreement are nonforfeitable on the dates set forth below, payment with respect to the Common Shares covered by this Agreement that have become nonforfeitable and any Deferred Cash Dividends accumulated with respect thereto will be made as follows:

Appears in 19 contracts

Samples: The Timken Company (Timken Co), Shares Agreement (Timken Co), Timken Company (Timken Co)

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Other Payment Events. Notwithstanding Section 5(a), to the extent that the Common Shares Deferred Share Equivalents covered by this Agreement are nonforfeitable on the dates set forth below, payment with respect to the Common Shares Deferred Share Equivalents covered by this Agreement that have become nonforfeitable and any Deferred Cash Dividends Dividend Equivalents accumulated with respect thereto will be made as follows:

Appears in 8 contracts

Samples: Timken Company (Timken Co), Timken Company (Timken Co), Share Equivalents Agreement (Timken Co)

Other Payment Events. Notwithstanding Section 5(a), to the extent that the Common Shares covered by this Agreement are nonforfeitable on the dates set forth below, payment with respect to the Common Shares covered by this Agreement that have become nonforfeitable and any related Deferred Cash Dividends then accumulated with respect thereto will be made as follows:

Appears in 1 contract

Samples: Deferred Shares Agreement (Timken Co)

Other Payment Events. Notwithstanding Section 5(a), to the extent that the Common Shares Deferred Share Equivalents covered by this Agreement are nonforfeitable on the dates set forth below, payment with respect to the Common Shares Deferred Share Equivalents covered by this Agreement that have become nonforfeitable and any Deferred Cash Dividends related Dividend Equivalents then accumulated with respect thereto will be made as follows:

Appears in 1 contract

Samples: Deferred Share Equivalents Agreement (Timken Co)

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Other Payment Events. Notwithstanding Section 5(a), to the extent that the Common Shares covered by this Agreement are nonforfeitable on the dates set forth below, payment with respect to the Common Shares covered by this Agreement that have become nonforfeitable and any Deferred Cash Dividends accumulated with respect thereto will be made as follows:

Appears in 1 contract

Samples: Deferred Shares Agreement (TimkenSteel Corp)

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