Dividend Equivalent Right
Dividend Equivalent Right. The right of a Participant, granted pursuant to Section 9 in connection with the Restricted Stock Unit Award, to receive a credit for the account of such Participant in an amount equal to cash or stock dividends or other distributions paid by the Company in respect of one share of Common Stock.
Found in
DELCATH SYSTEMS, INC. contract
Dividend Equivalent Right. The right of an Employee, granted at the discretion of the Board or as otherwise provided by the Plan, to receive a credit for the account of such Employee in an amount equal to the cash dividends paid on one share of Stock for each Share represented by an award held by such Employee
Found in
VERINT SYSTEMS INC contract
Dividend Equivalent Right. A right awarded to a Grantee to receive payment of an amount equivalent to the dividend that would be paid on a specified number of Shares just as if the Grantee owned the Shares. Dividend Equivalent Rights may be granted alone or in connection with any other Award
Found in
NORTHRIM BANCORP INC contract
Dividend Equivalent Right. The right of a grantee, granted at the discretion of the Committee or as otherwise provided by the Plan or the Award Agreement, to receive a credit for the account of such grantee in an amount equal to the amount of ordinary cash dividends paid on one Share represented by an Award held by such grantee payable in cash, Shares or other securities or other property as determined by the Committee. Dividend Equivalent Rights shall be forfeited or cancelled if the underlying Award is forfeited or...
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Found in
CENTRUS ENERGY CORP contract
Dividend Equivalent Right. A right entitling the Grantee to compensation measured by dividends paid with respect to the Common Stock underlying his or her Award (other than an Option or SAR Award)
Found in
Gilead Sciences contract
Dividend Equivalent Right. An Award granted under Section 12 that entitles the Participant to receive bookkeeping credits, cash payments and/or Common Stock distributions equal in amount to the distributions that would have been made to the Participant had the Participant held a specified number of shares of Common Stock during the period that the Participant held the Dividend Equivalent Right
Found in
TTEC Holdings, Inc. contract
Dividend Equivalent Right. A right to receive cash or Shares based on the value of dividends that are paid with respect to Shares
Dividend Equivalent Right. A right to receive all or some portion of the cash dividends that are or would be payable with respect to Shares
Dividend Equivalent Right. Means a right entitling the Grantee to compensation measured by dividends paid with respect to Common Stock, provided that no such right may be granted with respect to Options or SARs.
Found in
STG Group, Inc. contract
Dividend Equivalent Right. Defined in Paragraph 8
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Found in
Jacobs Engineering Group contract