Final Issuance. Upon the final issuance or transfer of Shares and Retained Distributions, if any, to the Participant pursuant to this Agreement, in lieu of a fractional Share, the Participant shall receive a cash payment equal to the Fair Market Value of such fractional Share.
Appears in 32 contracts
Samples: Restricted Stock Units Agreement, Special Retention Restricted Stock Units Agreement (Time Warner Inc.), Special Retention Rsu Agreement (Time Warner Inc.)
Final Issuance. Upon the final issuance or transfer of Shares Shares, Retained Dividend Equivalents and Retained Distributions, if any, to the Participant pursuant to this Agreement, in lieu of a fractional Share, the Participant shall receive a cash payment equal to the Fair Market Value of such fractional Share.
Appears in 5 contracts
Samples: Special Retention Restricted Stock Units Agreement (Time Warner Inc.), Special Retention Rsu Agreement (Time Warner Inc.), Restricted Stock Units Agreement (Time Warner Inc.)
Final Issuance. Upon the final issuance or transfer of Performance Shares and Dividend Equivalents and Retained Distributions, if any, to the Participant pursuant to this Agreement, in lieu of a fractional Share, the Participant shall receive a cash payment equal to the Fair Market Value of such fractional Share.
Appears in 1 contract