Conditions of Stock Acquisition Rights. (i) In the event that one or more of the SARs are exercised, the number of shares to be delivered to such Stock Acquisition Right holder upon such exercise shall be a whole number and any portion less than one share shall be rounded down and no shares shall be allotted. No monetary adjustment shall be made with respect to such rounding off.
Appears in 2 contracts
Samples: 2nd Stock Acquisition Rights Allotment Agreement (Metros Development Co., Ltd.), 2nd Stock Acquisition Rights Allotment Agreement (Metros Development Co., Ltd.)
Conditions of Stock Acquisition Rights. (i1) In the event that one or more of the SARs are exercised, the number of shares to be delivered to such Stock Acquisition Right holder Holder upon such exercise shall be a whole number and any portion less than one share shall be rounded down and no shares shall be allotted. No monetary adjustment shall be made with respect to such rounding off.
Appears in 2 contracts
Samples: Stock Acquisition Rights Allotment Agreement (Libera Gaming Operations, Inc), Stock Acquisition Rights Allotment Agreement (Metros Development Co., Ltd.)
