Special Dividend. (i) Subject to the conditions set forth in clause (ii) below, on the Declaration Date, the Board of Directors of C-W shall declare a pro rata cash dividend (the "Cash Dividend") in the amount of $.25 per share to all holders of record of Common Stock on the Cash Dividend Record Date. UNITRIN hereby waives, subject to completion of the Distribution, its right to receive its pro rata share of the Cash Dividend.
Appears in 3 contracts
Samples: Distribution Agreement (Curtiss Wright Corp), Distribution Agreement (Unitrin Inc), Distribution Agreement (Unitrin Inc)
