Examples of Dividend Share Unit in a sentence
Nothing contained in the Plan or in any Share Unit or Dividend Share Unit will confer upon any Participant any right to the continuation of the Participant’s employment by a Participating Company or interfere in any way with the right of any Participating Company at any time to terminate that employment or to increase or decrease the compensation of the Participant.
The number of Dividend Share Units (rounded down to the nearest whole Dividend Share Unit) to be credited to the Participant’s Share Unit Account on the dividend payment date shall be determined by multiplying the aggregate number of Share Units held by the Participant on the relevant record date by the amount of the dividend paid by the Company on each Common Share, and dividing the result by the Fair Market Value of the Common Shares on the dividend payment date.
Section 1.409A-3(i)(5).6.8 No Special RightsNothing contained in the Plan or in any Share Unit or Dividend Share Unit will confer upon any Participant any right to the continuation of the Participant’s employment by a Participating Company or interfere in any way with the right of any Participating Company at any time to terminate that employment or to increase or decrease the compensation of the Participant.
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Any section of the line in which the leakage occurs shall be repaired by the Contractor at his expense to the complete satisfaction of the Engineer.
In no case shall the required improvements or right-of-way dedication apply for distances in excess of thirty (30) feet as measured from said ultimate right-of-way line, unless as otherwise provided for in the Fresno County Ordinance Code.
With the consent of the Participant affected thereby, the Committee may amend or modify any outstanding Share Unit or Dividend Share Unit in any manner to the extent that the Committee would have had the authority to initially grant the award as so modified or amended.
The Plan shall not confer on any Participant any legal or equitable rights (other than those constituting any Share Unit or Dividend Share Unit) against any Participating Company, directly or indirectly, or give rise to any cause of action in law or in equity against any Participating Company.
A Participant shall have no further rights respecting any Share Unit or Dividend Share Unit which has been redeemed or cancelled.