Dividend Equivalent
Dividend Equivalent. Means a right, granted to a Participant under Section 6(g), to receive cash, Stock, other Awards or other property equal in value to dividends paid with respect to a specified number of shares of Stock, or other periodic payments.
Found in
LYRIS, INC. contract
Dividend Equivalent. Means a right, granted to a Grantee under Section 6(g), to receive cash, Stock, or other property equal in value to dividends paid with respect to a specified number of shares of Stock. Dividend Equivalents may be awarded on a free-standing basis or in connection with another Award and may be paid currently or on a deferred basis.
Found in
AMERICAN BILTRITE INC contract
Dividend Equivalent. An amount determined by multiplying the number of Shares subject to Stock Units by the per-share cash dividend, or the per-share fair market value of any dividend in consideration other than cash, paid by UGI on its common stock.
Found in
UGI Corp contract
Dividend Equivalent. In respect of a Common Stock Equivalent or a Restricted Stock Unit and with respect to each dividend payment date for the Common Stock, an amount equal to the cash dividend on one share of Common Stock payable on such dividend payment date
Found in
GOODYEAR TIRE & RUBBER CO contract
Dividend Equivalent. A credit, made at the discretion of the Administrator, to the account of a Participant in an amount equal to the cash dividends paid on one Share for each Share represented by an Award held by such Participant
Found in
SOCIAL REALITY, Inc. contract
Dividend Equivalent. With respect to Phantom Stock Units credited to a particular Participant, a dollar amount equal to the cash dividend that the Participant would have been entitled to receive if the Participant had been the owner, on the record date for a dividend paid on the Common Stock, of a number of shares of Common Stock equal to the number of Phantom Stock Units then properly credited to the Phantom Stock Unit Account of the Participant
Found in
IBERIABANK CORP contract
Dividend Equivalent. Shall mean a credit, payable in cash, made at the discretion of the Administrator, to the account of a Participant in an amount equal to the cash dividends paid on one Share for each Share represented by an Award held by such Participant. Dividend Equivalents may be subject to the same vesting restrictions as the related Shares subject to an Award, at the discretion of the Administrator.
Found in
ACTEL CORP contract
Dividend Equivalent. Shall mean a right to receive the equivalent value (in cash or Common Stock) of dividends paid on Common Stock, awarded under Section 10(b).
Found in
ClubCorp Holdings, Inc. contract
Dividend Equivalent. Dividend Equivalent means an amount of cash equal to all dividends and other distributions (or the economic equivalent thereof) that are payable by the Company on one share of Common Stock to stockholders of record, which, in the discretion of the Committee, may be awarded (a) in connection with any Award under the Plan while such Award is outstanding or otherwise subject to a Restriction Period and on a like number of shares of Common Stock under such Award or (b) singly.
Found in
Waste Management Inc. contract
Dividend Equivalent. An amount equal to the cash dividend paid on an outstanding share of the Corporation's common stock. Dividend Equivalents shall be credited to Stock Units as if each Stock Unit were an outstanding share of the Corporation's common stock, except that Dividend Equivalents shall also be credited to fractional Stock Units
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