Examples of Dividend Equivalent Rights in a sentence
Dividend Equivalent Rights may be settled in cash or shares of Stock or a combination thereof, in a single installment or installments.
The terms and conditions of Dividend Equivalent Rights shall be specified in the Award Certificate.
The Administrator may grant Dividend Equivalent Rights under the Plan.
The Technical Bid (Annexure-1) and the Price Bid (Annexure-2) should be sealed by the bidder/service provider in separate covers duly superscribed and both these sealed covers are to be put in a bigger cover which should also be duly sealed and must be superscribed “Tender for Hiring of Vehicles on Hourly / Distance basis”.
However, the Committee, in its discretion, may provide in the Award Agreement evidencing any Restricted Stock Unit Award that the Participant shall be entitled to Dividend Equivalent Rights with respect to the payment of cash dividends on Stock during the period beginning on the date such Award is granted and ending, with respect to each share subject to the Award, on the earlier of the date the Award is settled or the date on which it is terminated.