Examples of Dividend Equivalent Amount in a sentence
At the Company’s discretion, payment of the Dividend Equivalent Amount may be made in cash or in Shares having a Fair Market Value on the Payment Date equal to the Dividend Equivalent Amount.
The Company shall establish a bookkeeping methodology to account for the Dividend Equivalent Amount.
The Dividend Equivalent Amount shall be payable in cash or, at the discretion of the Committee, in Shares with an equivalent Fair Market Value on the date of payment.
The Dividend Equivalent Amount will be credited as cash, without interest, and will not be converted to Shares.
At the Company’s discretion, payment of the Dividend Equivalent Amount may be made in cash or in Shares having a Fair Market Value on the Payment Date or the Acceleration Event, as the case may be, equal to the Dividend Equivalent Amount.