Dividend Amount. If 100% of the aggregate gross cash dividends or distributions per share of Common Stock (including any ordinary or extraordinary cash dividends) declared by the Company and for which the ex-date is scheduled to occur during the Relevant Period exceeds the expected cash dividend amount per share of Common Stock (subject to adjustment in accordance with Section VIII) set forth in this Section VII(a) (the “Expected Dividend Amount”), a Dividend Event shall be deemed to have occurred. USD 0.00 per share of Common Stock Trade Date – October 25, 2007 USD 0.40 per share of Common Stock October 26, 2007 – January 24, 2008 USD 0.00 per share of Common Stock Any period after January 24, 2008
Appears in 2 contracts
Sources: Accelerated Share Repurchase Agreement (Clorox Co /De/), Accelerated Share Repurchase Agreement (Clorox Co /De/)