Final Issuance. Upon the final issuance or transfer of Shares and Retained Distributions, if any, to the Non-Employee Director pursuant to this Agreement, in lieu of any fractional Share, the Non-Employee Director shall receive a cash payment equal to the Fair Market Value of such fractional Share.
Appears in 3 contracts
Samples: Restricted Stock Units Agreement (Time Warner Inc.), Restricted Stock Units Agreement (Time Warner Inc.), Restricted Stock Units Agreement (Time Warner Inc.)
Final Issuance. Upon the final issuance or transfer of Shares and Retained Distributions, if any, to the Non-Employee Director pursuant to this Agreement, in lieu of any a fractional Share, the Non-Employee Director shall receive a cash payment equal to the Fair Market Value of such fractional Share.
Appears in 1 contract
Samples: Restricted Stock Units Agreement (Time Warner Inc.)
