Common use of Performance Dividend Plan Clause in Contracts

Performance Dividend Plan. Provided Mr. Ratcliffe is not entitled to benef▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Dividend Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(iii) by reference), if the Performance Dividend Plan is in place through Mr. Ratcliffe's Termination Date and t▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇. Ratcliffe is entitled to participa▇▇ ▇▇▇▇▇▇▇, ▇r. Ratcliffe shall be entitled to rec▇▇▇▇ ▇▇▇▇ ▇▇▇ each Award held by Mr. Ratcliffe on his Termination Date, ▇▇▇▇▇ ▇▇ ▇▇▇ual performance under Section 4.1 of the Performance Dividend Plan determined as of the most recently completed calendar quarter of the Performance Period in which the Termination Date shall have occurred, and the Annual Dividend declared prior to the Termination Date.

Performance Dividend Plan. Provided Mr. Ratcliffe is not entitled to benef▇▇▇ ▇▇▇▇▇ benefits under ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Dividend Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(iii2.(d)(iv) by reference), if the Performance Dividend Plan is in place through Mr. Ratcliffe's Termination Date and t▇ ▇▇▇ ▇▇▇▇to the exte▇▇ ▇▇. Ratcliffe is entitled to participa▇▇ ▇▇▇▇▇▇▇▇e is entitled to participate therein, ▇r. Ratcliffe ▇. ▇▇▇▇▇▇▇fe shall be entitled to rec▇receive cash ▇▇▇ ▇▇▇▇ ▇▇▇ each Award ▇▇d held by Mr. Ratcliffe on his Termination Date, based on ▇▇▇▇▇▇ ▇▇ ▇▇▇ual performance ▇▇mance under Section 4.1 of the Performance Dividend Plan determined as of the most recently completed calendar quarter of the Performance Period in which the Termination Date shall have occurred, and the Annual Dividend declared prior to the Termination Date.