Common use of Elimination of Fractional Shares Clause in Contracts

Elimination of Fractional Shares. Any addition or adjustment provided for in Sections 6.1, 6.2 and 6.3 hereof may be limited to the extent necessary to prevent fractions of shares from becoming available under the Options.

Appears in 16 contracts

Samples: Stock Option Agreement (Insurance Holdings Lp), Stock Option Agreement (Dt Chase Enterprises Inc), Stock Option Agreement (Chase Insurance Corp)

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Elimination of Fractional Shares. Any addition or adjustment provided for in Sections 6.18, 6.2 9 and 6.3 10 hereof may be limited to the extent necessary to prevent fractions of shares from becoming available under the OptionsOption.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Lancaster Colony Corp)

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