Examples of Dividend in a sentence
Dividend equivalents will be accrued (without interest) and will be subject to the same conditions as the shares of Stock to which they are attributable, including, without limitation, the vesting conditions and the provisions governing the time and form of settlement of the Award.
Subject to approval at the TClarke AGM, the Permitted Dividend is due to be paid on 7 June 2024 (earlier than the previously announced payment date of 14 June 2024 (as separately announced by TClarke today)).
Upon any adjustment to the “Initial Dividend Threshold” (as defined in the Indenture) for the Convertible Notes pursuant to the Indenture, the Calculation Agent will make a corresponding adjustment to the Regular Dividend for the Transaction.
During the Performance Period, Dividend Equivalents will accrue based on the maximum number of PSUs subject to the Award, which is set forth in Appendix A hereto.
Any PSUs that are determined not to be earned by the Committee under an Award will be permanently and irrevocably forfeited as of the Determination Date and Grantee will have no further rights to such unvested PSUs or the related Dividend Equivalents.