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

The decision to pay a dividend and, if so, the amount of any such dividend, is determined by the Company in its sole discretion. Accrued Dividend Equivalents will not be paid with respect to any PSUs that are cancelled. Dividend Equivalents will not be credited with any interest or other return between the date they accrue and the date they are paid to the Participant.

Paramount Global (PARA, PARAA) (CIK 0000813828)
Source: SEC EDGAR database • Date: April 29, 2024 • SIC: 4833 • CIK: 4833

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.