Cash Payment Election. Notwithstanding anything to the contrary herein, following a Change of Control of the Company, the Company or its successor, at its election, may elect to make any payment required to be made to the Employee pursuant to this Section 5 in cash rather than Shares.
Appears in 4 contracts
Samples: Performance Stock Unit Award Agreement (Myers Industries Inc), Performance Stock Unit Award Agreement (Myers Industries Inc), Performance Stock Unit Award Agreement (Myers Industries Inc)
Cash Payment Election. Notwithstanding anything to the contrary herein, following a Change of Control of the Company, the Company or its successor, at its election, may elect to make any payment required to be made to the Employee pursuant to this Section 5 4 in cash rather than Shares.
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement (Myers Industries Inc), Restricted Stock Unit Award Agreement (Myers Industries Inc), Restricted Stock Unit Award Agreement (Myers Industries Inc)
