Examples of Dividend Equivalent in a sentence
In addition, the Committee may provide that any Dividend Equivalent Rights permitted by an applicable Award Agreement will be deemed to have been reinvested in additional Shares or otherwise reinvested.
Any Dividend Equivalent Rights will be subject to the same vesting or performance conditions as the underlying Award.
For purposes of clarity, in the event that a Performance Share is forfeited under this Agreement, the related Dividend Equivalent will also be forfeited.
Dividend Equivalent, Other Stock-Based Award or Performance Award, together with any related right or interest, granted to a Participant under the Plan.
Such Dividend Equivalent Rights, if any, will be credited to the Participant in the form of additional whole Shares as of the date of payment of such cash dividends on Shares.