Dividend Equivalent Right
Dividend Equivalent Right. A right that entitles the Grantee to receive an amount equal to any cash dividends paid on a share of Common Stock, which dividends have a record date between the Grant Date and the date a Vested Unit is paid. Dividend Equivalent Rights will be paid in cash.
Found in
The Hershey Company contract
Dividend Equivalent Right. The right of the holder thereof to receive credits based on the cash dividends that would have been paid on the Shares specified in the Award if the Shares were held by the eligible employee to whom the Award is made.
All Definitions
Found in
Trinity Industries Inc contract
