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AAPL » Topics » Dividend Equivalent

This excerpt taken from the AAPL 10-Q filed May 4, 2005.
Dividend Equivalent” means 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.

 

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"Dividend Equivalent" elsewhere:

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