No Dividend Equivalents. No Option shall provide for the payment or accrual of dividend equivalents.
No Dividend Equivalents. Notwithstanding anything in an Agreement to the contrary, the holder of an option or SAR shall not be entitled to receive dividend equivalents with respect to the number of shares of Common Stock subject to such option or SAR.
No Dividend Equivalents. No Option shall provide for the payment or accrual of dividend equivalents.
No Dividend Equivalents. Dividend equivalents may not be credited in respect of Common Shares covered by a Performance Share Award.
No Dividend Equivalents. No SAR shall provide for the payment or accrual of dividend equivalents.
No Dividend Equivalents. Dividend equivalents may not be credited in respect of Common Shares covered by a Restricted Share Unit Award.
No Dividend Equivalents. Dividend equivalents may not be credited in respect of Common Shares covered by a Restricted Share Unit Award.
No Dividend Equivalents. Dividend equivalents may not be credited in respect of Common Shares covered by a Performance Share Award.
Subject to [Section 4.3], the Committee may not grant Dividend Equivalents in connection with any Option.
Subject to [Section 4.3], the Committee may not grant Dividend Equivalents in connection with SARs.
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.