RSU Dividends definition

RSU Dividends means additional RSUs credited as dividend equivalents pursuant to Section 4.04 (RSU Dividends) and recorded in a Member’s RSU Account.
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RSU Dividends means a hypothetical dividend payable with respect to an RSU. An RSU Dividend shall be deemed paid at the same times and in the same amounts as dividends are paid with respect to Shares.
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RSU Dividends means the RSUs referred to in Section 4.4 (RSU Dividends) applied to and recorded in RSU Accounts for Participants.
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Examples of RSU Dividends in a sentence

  • RSU Dividends shall be treated separately from the RSUs and the rights arising in connection therewith for purposes of the designation of time and form of payments required by Section 409A of the Code.

  • This award of RSUs and all RSU Dividends hereunder are, individually and in the aggregate, intended to constitute an “unfunded” plan.

  • Although the Company makes no guarantee with respect to the tax treatment of the RSUs, the award of RSUs and RSU Dividends pursuant to this Agreement is intended to comply with, or to be exempt from, Section 409A of the Code and shall be limited, construed and interpreted in accordance with such intent.

  • The RSUs and RSU Dividends shall be limited, construed and interpreted in accordance with such intent; provided that the Employer does not guarantee to the Participant any particular tax treatment of the RSUs or RSU Dividends.

  • The Participant shall pay or provide for all applicable taxes in respect of the grant, vesting, or settlement of the RSUs and RSU Dividends.

  • The RSUs and RSU Dividends shall be limited, construed and interpreted in accordance with such intent; provided that GNL does not guarantee to the Participant any particular tax treatment of the RSUs or RSU Dividends.