Dividend Rights definition

Dividend Rights means the right to receive in cash or shares of Stock, or have credited to an account maintained under the Plan for later payment in cash or shares of Stock, an amount equal to the dividends paid with respect to a specified number of shares of Stock (other than a Stock dividend that results in adjustments pursuant to Section 8(a)).
Dividend Rights means, as of any date, (i) the total number of shares of Common Stock subject to all outstanding and unexercised Stock Options held by an optionee pursuant to the Plan, and (ii) the total number of Dividend Share Credits credited to an optionee on such date.

Examples of Dividend Rights in a sentence

  • A grant of Cash Dividend Rights may provide that such Cash Dividend Rights shall be paid directly to the Participant at the time of payment of related dividend, be credited to a bookkeeping account subject to the same vesting and payment provisions as the tandem Award (with or without interest in the sole discretion of the Committee), or be subject to such other provisions or restrictions as determined by the Committee in its sole discretion.

  • The city shall maintain all written protests for a minimum of two years following the date of the hearing to consider written protests.

  • Since Prop36 is not being implemented correctly; it is causing strain on the budget for the department of Probation and the department of Mental Health Gate Team.

  • Dividend Rights We have never declared, nor paid, any dividend since our incorporation and we do not foresee paying any dividend in the near future since all available funds will be used to conduct exploration activities.

  • The Committee may provide that the payment of any Dividend Rights shall be made, or once made, may be forfeited under such conditions as the Committee, in its sole discretion, may determine.

  • Dividend Rights shall be settled in cash or in shares of Stock, as determined by the Committee, shall be payable at the time and in the form determined by the Committee, and shall be subject to such other terms and conditions as the Committee may determine.

  • Impacts are most prevalent among insect populations and nocturnal mammal species, although nesting or roosting birds may also be affected, and natural diurnal rhythms may be disrupted in a wide range of animals and plants.

  • If any Dividend Rights are granted in tandem with any other Award, such Dividend Rights shall lapse, expire or be forfeited simultaneously with the lapse, expiration, forfeiture, payment or exercise of the Award to which the Dividend Rights are tandemed.

  • Dividend Rights may be granted either separately or in tandem with any other Award.

  • All risk associated with the use of, or reliance on, the Software rests with the Customer.


More Definitions of Dividend Rights

Dividend Rights. So long as no Event of Default shall have occurred and be continuing and subject to this Section 5 hereof, to the extent and if permitted under the Loan Agreement, and until the Secured Party elects otherwise following such occurrence and during the continuance of an Event of Default, the Pledgor may receive and retain any and all distributions (other than distributions constituting Pledged Collateral which are addressed hereinabove) or interest paid in respect of the Pledged Collateral. In the event that an Event of Default exists and is continuing, any such distributions received by the Pledgor shall be held in trust for the benefit of the Secured Party and promptly paid over to the Secured Party for application to the Secured Obligations in accordance with the Loan Agreements. Upon the occurrence and during the continuation of an Event of Default, the Secured Party shall be entitled to elect to receive, and receive, from the Pledgor and retain as collateral security for the Secured Obligations and apply to the repayment of the Secured Obligations, any and all distributions at any time and from time to time declared or made upon any of the Pledged Collateral, and to exercise any and all rights of payment, conversion, exchange, subscription or any other rights, privileges or options pertaining to the Pledged Collateral as if it were the absolute owner thereof, including, without limitation, the right to exchange, at its discretion and for equivalent rights, any and all of the Pledged Collateral upon the merger, consolidation, reorganization, recapitalization or other readjustment of LawBot LLC or, upon the exercise of any such right, privilege or option pertaining to the Pledged Collateral, and in connection therewith, to deposit and deliver any and all of the Pledged Collateral with any committee, depositary, transfer agent, registrar or other designated agency upon such terms and conditions as the Secured Party may determine, all without liability except to account for property actually received, but the Secured Party shall have no duty to exercise any of the aforesaid rights, privileges or options and shall not be responsibility of the Company for any failure to do so or delay in so doing. If an Event of Default exists upon the dissolution, winding up, liquidation or reorganization of LawBot LLC whether in bankruptcy, insolvency or receivership proceedings or upon an assignment for the benefit of creditors or any other marshaling of the assets and liab...
Dividend Rights means the Holders’ rights under Section 5.

Related to Dividend Rights

  • Dividend Equivalent means a right to receive the equivalent value (in cash or Shares) of dividends paid on Shares, awarded under Section 9.2.

  • Dividend Equivalent Right means an Award entitling the grantee to receive credits based on cash dividends that would have been paid on the shares of Stock specified in the Dividend Equivalent Right (or other award to which it relates) if such shares had been issued to and held by the grantee.

  • Ex-Dividend Date means the first date on which shares of the Common Stock trade on the applicable exchange or in the applicable market, regular way, without the right to receive the issuance, dividend or distribution in question, from the Company or, if applicable, from the seller of Common Stock on such exchange or market (in the form of due bills or otherwise) as determined by such exchange or market.