Common use of Excess Shares Clause in Contracts

Excess Shares. If the Shares covered by this Agreement exceed, as of the date the PRU is granted, the number of shares of Common Stock which may without stockholder approval be issued under the Plan, then the Award shall be void with respect to those excess Shares, unless stockholder approval of an amendment sufficiently increasing the number of shares of Common Stock issuable under the Plan is obtained in accordance with the provisions of the Plan.

Appears in 4 contracts

Samples: Performance Based Restricted Stock Unit Award Agreement (Symantec Corp), Performance Based Restricted Stock Unit Award Agreement (Symantec Corp), Performance Based Restricted Stock Unit Award Agreement (Symantec Corp)

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Excess Shares. If the Shares covered by this Agreement exceed, as of the date the TSR PRU is granted, the number of shares of Common Stock which may without stockholder approval be issued under the Plan, then the Award shall be void with respect to those excess Shares, unless stockholder approval of an amendment sufficiently increasing the number of shares of Common Stock issuable under the Plan is obtained in accordance with the provisions of the Plan.

Appears in 3 contracts

Samples: Performance Based Restricted Stock Unit Award Agreement (Symantec Corp), Performance Based Restricted Stock Unit Award Agreement (NortonLifeLock Inc.), Performance Based Restricted Stock Unit Award Agreement (NortonLifeLock Inc.)

Excess Shares. If the Shares covered by this Agreement exceed, as of the date the CAGR PRU is granted, the number of shares of Common Stock which may without stockholder approval be issued under the Plan, then the Award shall be void with respect to those excess Shares, unless stockholder approval of an amendment sufficiently increasing the number of shares of Common Stock issuable under the Plan is obtained in accordance with the provisions of the Plan.

Appears in 2 contracts

Samples: Performance Based Restricted Stock Unit Award Agreement (NortonLifeLock Inc.), Performance Based Restricted Stock Unit Award Agreement (NortonLifeLock Inc.)

Excess Shares. If the Shares covered by this Agreement exceed, as of the date the RB PRU is granted, the number of shares of Common Stock which may without stockholder approval be issued under the Plan, then the Award shall be void with respect to those excess Shares, unless stockholder approval of an amendment sufficiently increasing the number of shares of Common Stock issuable under the Plan is obtained in accordance with the provisions of the Plan.

Appears in 1 contract

Samples: Performance Based Restricted Stock Unit Award Agreement (Symantec Corp)

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Excess Shares. If the Shares covered by this Agreement exceed, as of the date the EPS PRU is granted, the number of shares of Common Stock which may without stockholder approval be issued under the Plan, then the Award shall be void with respect to those excess Shares, unless stockholder approval of an amendment sufficiently increasing the number of shares of Common Stock issuable under the Plan is obtained in accordance with the provisions of the Plan.

Appears in 1 contract

Samples: Performance Based Restricted Stock Unit Award Agreement (Symantec Corp)

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