Example ContractsClausescontinuation of dividend equivalentsIdentical
Continuation of Dividend Equivalents
Continuation of Dividend Equivalents contract clause examples

Dividend Equivalents. The Award agreement for Restricted Stock Units may provide Participants with the right to receive an amount equal to any dividends or other distributions declared and paid on an equal number of outstanding shares of Common Stock (“Dividend Equivalents”). Dividend Equivalents may be paid currently or credited to an account for the Participants, may be settled in cash and/or shares of Common Stock and may be subject to the same restrictions on transfer and forfeitability as the Restricted Stock Units with respect to which paid, in each case to the extent provided in the applicable Award agreement.

Evelo Biosciences, Inc. (EVLO) (CIK 0001694665)
Source: SEC EDGAR database • Date: March 5, 2018 • SIC: 2834 • CIK: 2834

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