Dividend Equivalent
Dividend Equivalent. An additional number of Common Stock Equivalents the Company shall credit to each Account as of each dividend payment date declared with respect to the Company's Common Stock.
Found in
PPG Industries contract
Dividend Equivalent. A right granted to an Eligible Person as a Share-Based Award or in connection with a Share-Denominated Award (other than an Option or a Share Appreciation Right) to receive the equivalent value (in cash or Shares) of dividends paid on Common Stock
Found in
PNC Financial Services contract
Dividend Equivalent. A right to receive a payment equal to the amount of cash dividends and value of other distributions that would have been payable on Covered Shares during a period of time had such Covered Shares been issued to the Grantee during such period of time
Found in
Jabil Circuit 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
Dividend Equivalent. An amount equal to any dividends paid by the Company with respect to a share of Common Stock during the Award Period or Interim Period in the case of Performance Shares or during the Restricted Period in the case of Restricted Stock and Restricted Units
Found in
ProAssurance Corporation contract
Dividend Equivalent. 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.
Found in
Waste Management Inc. contract
Dividend Equivalent. Means a credit, payable in cash or Shares, 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. Any Dividend Equivalents credited with respect to a Share or unit subject to an Award shall be distributed in cash or Shares to the Participant only if, when and to the extent such Share or unit vests. The value of dividends and other distributions...
View More
Found in
Juniper Networks contract
Dividend Equivalent. An amount determined by multiplying the number of shares of Company Stock subject to a Grant by the per-share cash dividend, or the per-share fair market value (as determined by the Plan Administrator) of any dividend in consideration other than cash, paid by the Company on its Company Stock
Found in
TUCOWS INC contract
Dividend Equivalent. A right, granted to a Grantee under Section 11, to receive cash or Stock equal in value to dividends paid with respect to a specified number of shares of Stock
Found in
AMERIQUEST, INC. contract
Dividend Equivalent. An amount calculated with respect to a Stock Unit, which is determined by multiplying the number of Shares subject to the Stock Unit by the per-Share cash dividend, or the per-Share fair market value (as determined by the Committee) of any dividend in consideration other than cash, paid by the Company on its Shares. If interest is credited on accumulated dividend equivalents, the term "Dividend Equivalent" shall include the accrued interest
All Definitions
Found in
Brushy Resources, Inc. contract