Dividend Equivalent
Dividend Equivalent. Means a right to receive cash, Shares, other Awards or other property equal in value to dividends paid with respect to a specified number of shares of Stock.
Found in
Intl Flavors & Fragrances contract
Dividend Equivalent. A right to receive the equivalent value (in cash or Shares) of dividends that would otherwise be paid on the Shares subject to an Award but that have not been issued or delivered, awarded under Section 10.
Found in
Amag Pharmaceuticals contract
Dividend Equivalent. A right, granted to a Participant under Section 6(e), to receive cash, Shares, other Awards or other property equal in value to dividends paid with respect to a Restricted Stock Unit Award
Found in
Summer Infant, Inc. contract
Dividend Equivalent. A credit to the Participant's book of accounts with respect to each Performance Restricted Stock Units outstanding under this Award equal to the amount of each dividend paid on the Stock, other than with respect to a large, nonrecurring cash dividend or distribution subject to the adjustment rules in Section 7 of this Agreement. Dividend Equivalent credits are made on the date of each payment of a dividend. Dividends paid on cash shall be credited as a dollar amounts and no earnings shall...
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Found in
PHH CORP contract
Dividend Equivalent. A credit, made at the sole discretion of the Administrator, to the account of a Participant in an amount equal to the value of dividends paid on one Share for each Share represented by an Award held by such Participant. Under no circumstances shall the payment of a Dividend Equivalent be made contingent on the exercise of an Option or Stock Appreciation Right.
Dividend Equivalent. A right, granted under this Plan, to receive cash, Stock, other Awards or other property equal in value to all or a specified portion of the dividends paid with respect to a specified number of shares of Stock. Dividend Equivalents shall not be permitted on Options and SARs. An adjustment referenced in Section 11(c) shall not be considered a "Dividend Equivalent."
Found in
American Eagle Outfitters contract
Dividend Equivalent. An amount determined by multiplying the number of Shares subject to a Grant (or by which such Grant is measured or based) 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 Stock on a dividend payment date
Found in
FIRST UNITED CORP contract
Dividend Equivalent. The right, awarded under Section 6, to receive the equivalent value (in cash or in Common Stock) of dividends paid on shares of Common Stock subject to an Option
Found in
Neuronetics, Inc. contract
Dividend Equivalent. A dividend equivalent received in connection with (x) any regular dividend declared on Shares that is payable in cash or (y) any regular dividend declared on Shares that is payable in Shares, for each Share deliverable in respect of a PSU.
Found in
Skyline Champion Corp contract
Dividend Equivalent. A credit to a bookkeeping account established in the name of a Participant, made at the discretion of the Administrator or as otherwise provided by the Plan, representing the right of a Participant to receive an amount equal to the cash dividends paid on one share of Common Stock for each share of Common Stock represented by a Restricted Stock Unit Award held by such Participant
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Found in
Crescent Acquisition Corp contract