Awards Payable in Cash Only. Awards granted to Participants in India shall be paid in cash only and do not provide any right for the Participant to receive shares of Common Stock.
Appears in 6 contracts
Samples: Nonqualified Stock Option Award Agreement (Halyard Health, Inc.), Nonqualified Stock Option Award Agreement (Kimberly Clark Corp), Nonqualified Stock Option Award Agreement (Kimberly Clark Corp)
Awards Payable in Cash Only. Notwithstanding anything in the Award Agreement, Awards granted to Participants in India shall be paid in cash only and do not provide any right for the Participant to receive shares of Common StockStock and shall be paid only in cash through local payroll in an amount equal to the value of the shares at vesting less any Tax-Related Items. The Participant agrees to bear any currency fluctuation risk between the time the Awards vest and the time the cash payment is distributed to the Participant.
Appears in 5 contracts
Samples: Performance Restricted Stock Unit Award Agreement (Kimberly Clark Corp), Time Vested Restricted Stock Unit Award Agreement (Kimberly Clark Corp), Performance Restricted Stock Unit Award Agreement (Kimberly Clark Corp)
Awards Payable in Cash Only. Notwithstanding anything in the Award Agreement, Awards granted to Participants in India shall be paid in cash only and do not provide any right for the Participant to receive shares of Common StockStock and shall be paid only in cash in an amount equal to the value of shares of Common Stock at vesting less any Tax-Related Items. The Participant agrees to bear any currency fluctuation risk between the time the Awards vest and the time the cash payment is distributed to the Participant.
Appears in 2 contracts
Samples: Nonqualified Stock Option Award Agreement (Avanos Medical, Inc.), Nonqualified Stock Option Award Agreement (Avanos Medical, Inc.)
