Common use of Award Payable Only in Shares Clause in Contracts

Award Payable Only in Shares. Awards granted to Participants in Australia shall be paid in shares of Common Stock only and do not provide any right for the Participant to receive a cash payment. BAHRAIN There are no country-specific provisions. BELGIUM

Appears in 4 contracts

Samples: Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp)

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Award Payable Only in Shares. Awards granted to Participants in Australia shall be paid in shares of Common Stock only and do not provide any right for the Participant to receive a cash payment. BAHRAIN There are no country-specific provisions. BELGIUM.

Appears in 4 contracts

Samples: Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp)

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Award Payable Only in Shares. Notwithstanding any discretion contained in the Plan, or any provision in the Award Agreement to the contrary, Awards granted to Participants in Australia shall be paid in shares of the Corporation’s Common Stock only and do not provide any right for the Participant to receive a cash payment. BAHRAIN There are no country-specific provisions. BELGIUM.

Appears in 1 contract

Samples: Award Agreement (Kimberly Clark Corp)

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