Award Payable Only in Shares. Notwithstanding any discretion in the Plan or anything to the contrary in this Agreement, the grant of the Award does not provide Participant any right to receive a cash payment and the Award may be settled only in Shares.
Appears in 14 contracts
Samples: Performance Share Award Agreement (Genpact LTD), Restricted Share Unit Issuance Agreement (Genpact LTD), Performance Share Award Agreement (Genpact LTD)
Award Payable Only in Shares. Notwithstanding any discretion in the Plan or anything to the contrary in this the Agreement, the grant of the Award does not provide Participant any right to receive a cash payment and the Award may be settled only in Shares. For greater certainty, notwithstanding Section 6 of the Agreement, the Participant shall not be entitled to, or credited with, a Dividend Equivalent paid or payable in cash.
Appears in 6 contracts
Samples: Restricted Stock Unit Award Agreement (Advance Auto Parts Inc), Restricted Stock Unit Award Agreement (Advance Auto Parts Inc), Restricted Stock Unit Award Agreement (Advance Auto Parts Inc)
Award Payable Only in Shares. Notwithstanding any discretion in the Plan or anything to the contrary in this the Agreement, the grant of the Award does not provide Participant any right to receive a cash payment and the Award may be settled only in Shares.
Appears in 5 contracts
Samples: Option Award Agreement (Advance Auto Parts Inc), Option Award Agreement (Advance Auto Parts Inc), Option Award Agreement (Advance Auto Parts Inc)