Elimination of Fractional Shares. If this Agreement requires a computation of the number of shares of Stock subject to the Option, and the number so computed is not a whole number of shares of Stock, such number of shares of Stock shall be rounded down to the next whole number.
Appears in 13 contracts
Samples: Non Qualified Stock Option Agreement (Franklin Financial Network Inc.), Incentive Stock Option Agreement (Franklin Financial Network Inc.), Incentive Stock Option Agreement (Franklin Financial Network Inc.)
Elimination of Fractional Shares. If this Agreement under any provision of the Plan that requires a computation of the number of shares of Common Stock subject to the a Stock Option, and the number so computed is not a whole number of shares of Common Stock, such number of shares of Common Stock shall be rounded down to the next whole number.
Appears in 1 contract
Samples: Directors Stock Option Plan (Abigail Adams National Bancorp Inc)
Elimination of Fractional Shares. If this Agreement under any provision of the Plan that requires a computation of the number of shares of Stock subject to the an Option, and the number so computed is not a whole number of shares of Stock, such number of shares of Stock shall be rounded down to the next whole number.
Appears in 1 contract
Samples: Shareholder Protection Rights Agreement (Murfreesboro Bancorp Inc)
Elimination of Fractional Shares. If this under any provision of the Agreement which requires a computation of the number of shares of Stock subject to the OptionShares, and the number so computed is not a whole number of shares of Stock, such number of shares of Stock shall be rounded down to the next whole number.
Appears in 1 contract
Samples: Restricted Stock Purchase Agreement (Fiberite Holdings Inc)
Elimination of Fractional Shares. If this under any provision of the Agreement which requires a computation of the number of shares of Stock subject to the OptionShares, and the number so computed is not a whole number of shares of Stocknumber, such number of shares of Stock shall be rounded down to the next whole number.
Appears in 1 contract
Samples: Restricted Stock Purchase Agreement (Fiberite Holdings Inc)
