Common use of Awards Payable in Cash Only Clause in Contracts

Awards Payable in Cash Only. Awards granted to Participants in Vietnam shall be paid in cash only and do not provide any right for the Participant to receive shares of Common Stock.

Appears in 3 contracts

Samples: Nonqualified Stock Option Award Agreement (Kimberly Clark Corp), Nonqualified Stock Option Award Agreement (Kimberly Clark Corp), Nonqualified Stock Option Award Agreement (Kimberly Clark Corp)

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Awards Payable in Cash Only. Notwithstanding anything in the Award Agreement, Awards granted to Participants in Vietnam shall be paid in cash only and do not provide any right for the Participant to receive shares of Common Stock.Stock and shall be paid only in cash

Appears in 1 contract

Samples: Time Vested Restricted Stock Unit Award Agreement (Kimberly Clark Corp)

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