Common use of Dividend Equivalent Rights Clause in Contracts

Dividend Equivalent Rights. Should a regular cash dividend be declared on Alpha’s Common Stock at a time when unissued Shares of such Common Stock are subject to your Award, then the number of Shares at that time subject to your Award will automatically be increased by an amount determined in accordance with the following formula, rounded down to the nearest whole share: X = (A x B)/C, where X = the additional number of Shares which will become subject to your Award by reason of the cash dividend;

Appears in 2 contracts

Samples: Restricted Unit Award Agreement for Non (Alpha Natural Resources, Inc.), Restricted Stock Unit Award Agreement (Alpha Natural Resources, Inc.)

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Dividend Equivalent Rights. Should a regular cash dividend be declared on Alphathe Company’s Common Stock at a time when unissued Shares of such Common Stock are subject to your Award, then the number of Shares at that time subject to your Award will automatically be increased by an amount determined in accordance with the following formula, rounded down to the nearest whole share: X = (A x B)/C, where X = the additional number of Shares which will become subject to your Award by reason of the cash dividend;

Appears in 2 contracts

Samples: Restricted Stock (Alpha Natural Resources, Inc.), Restricted Stock Unit Award Agreement (Alpha Natural Resources, Inc.)

Dividend Equivalent Rights. Should a regular cash dividend be declared on Alpha’s Common Stock at a time when unissued Shares of such Common Stock are subject to your the Award, then the number of Shares at that time subject to your Award will automatically be increased by an amount determined in accordance with the following formula, rounded down to the nearest whole share: X = (A x B)/C, where X = the additional number of Shares which will become subject to your Award by reason of the cash dividend;:

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.), Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.)

Dividend Equivalent Rights. Should a regular cash dividend be declared on Alpha’s Common Stock at a time when unissued Shares of such Common Stock are subject to your Award, then the number of Shares at that time subject to your Award will automatically be increased by an amount determined in accordance with the following formula, rounded down to the nearest whole share: X = (A x B)/C, where X = the additional number of Shares which will become subject to your Award by reason of the cash dividend;:

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Alpha Natural Resources, Inc.), Restricted Stock Unit Award Agreement (Alpha Natural Resources, Inc.)

Dividend Equivalent Rights. Should a regular cash dividend be declared on Alpha’s Common Stock at a time when unissued Shares of such Common Stock are subject to your the Award, then the number of Shares at that time subject to your Award will automatically be increased by an amount determined in accordance with the following formula, rounded down to the nearest whole share: X = (A x B)/C, where X = the additional number of Shares which will become subject to your Award by reason of the cash dividend;

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.), Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.)

Dividend Equivalent Rights. Should a regular cash dividend be declared on Alphathe Company’s Common Stock at a time when unissued Shares of such Common Stock are subject to your the Award, then the number of Shares at that time subject to your Award will automatically be increased by an amount determined in accordance with the following formula, rounded down to the nearest whole share: X = (A x B)/C, where X = the additional number of Shares which will become subject to your Award by reason of the cash dividend;

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Alpha Natural Resources, Inc.)

Dividend Equivalent Rights. Should a regular cash dividend be declared on Alpha’s Common Stock at a time when unissued Shares of such Common Stock are subject to your Award, then the number of Shares at that time subject to your the Award will automatically be increased by an amount determined in accordance with the following formula, rounded down to the nearest whole share: X = (A x B)/C, where X = the additional number of Shares which will become subject to your Award by reason of the cash dividend;; A = the number of unissued Shares subject to this Award as of the record date for such dividend; B = the per Share amount of the cash dividend; and

Appears in 1 contract

Samples: Retention Plan Restricted Stock Unit Agreement (Alpha Natural Resources, Inc.)

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Dividend Equivalent Rights. Should a regular cash dividend be declared on Alpha’s Common Stock at a time when unissued Shares of such Common Stock are subject to your the Award, then the number of Shares at that time subject to your Award will automatically be increased by an amount determined in accordance with the following formula, rounded down to the nearest whole share: X = (A x B)/C, where X = the additional number of Shares which will become subject to your Award by reason of the cash dividend; A = the number of unissued Shares subject to this Award as of the record date for such dividend;

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Alpha Natural Resources, Inc.)

Dividend Equivalent Rights. Should a regular cash dividend be declared on Alpha’s Common Stock at a time when unissued Shares of such Common Stock are subject to your Award, then the number of Shares at that time subject to your Award will automatically be increased by an amount determined in accordance with the following formula, rounded down to the nearest whole share: X = (A x B)/C, where X = the additional number of Shares which will become subject to your Award by reason of the cash dividend;; A = the number of unissued Shares subject to this Award as of the record date for such dividend; B = the per Share amount of the cash dividend; and

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Alpha Natural Resources, Inc.)

Dividend Equivalent Rights. Should a regular cash dividend be declared on Alphathe Company’s Common Stock at a time when unissued Shares of such Common Stock are subject to your Award, then the number of Shares at that time subject to your the Award will automatically be increased by an amount determined in accordance with the following formula, rounded down to the nearest whole share: X = (A x B)/C, where X = the additional number of Shares which will become subject to your Award by reason of the cash dividend;

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Alpha Natural Resources, Inc.)

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