Example ContractsClausespayment of prsusIdentical
Payment of Prsus
Payment of Prsus contract clause examples

During each year in the Restricted Period, the Participant will not be paid dividend equivalents on the unvested PRSUs but the Participant will receive a credit equal to dividends declared on the Corporation’s Common Stock which will be reinvested in additional PRSUs at the then fair market value of the Corporation’s Common Stock on the date dividends are paid, and the additional PRSUs will be accumulated and paid if and when the PRSUs vest, based on the actual number of PRSUs that vest. In the case of dividends paid in property other than cash, the amount of the dividend shall be deemed to be the fair market value of the property at the time of the payment of the dividend, as determined in good faith by the Corporation. The Corporation shall not be required to segregate any cash or other property of the Corporation.

KIMBERLY CLARK CORP (KMB) (CIK 0000055785)
Source: SEC EDGAR database • Date: April 23, 2018 • SIC: 2670 • CIK: 2670
KIMBERLY CLARK CORP (KMB) (CIK 0000055785)
Source: SEC EDGAR database • Date: April 22, 2019 • SIC: 2670 • CIK: 2670
KIMBERLY CLARK CORP (KMB) (CIK 0000055785)
Source: SEC EDGAR database • Date: April 22, 2022 • SIC: 2670 • CIK: 2670
KIMBERLY CLARK CORP (KMB) (CIK 0000055785)
Source: SEC EDGAR database • Date: July 23, 2024 • SIC: 2670 • CIK: 2670

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