Common use of No Fractional Shares Clause in Contracts

No Fractional Shares. All provisions of this Agreement concern whole shares of Common Stock. If the application of any provision hereunder would yield a fractional share, such fractional share shall be rounded down to the next whole share if it is less than 0.5 and rounded up to the next whole share if it is 0.5 or more.

Appears in 82 contracts

Samples: Restricted Stock Unit Award Agreement (Tuesday Morning Corp/De), Restricted Stock Unit Award Agreement (Tuesday Morning Corp/De), Restricted Stock Unit Award Agreement (Tuesday Morning Corp/De)

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No Fractional Shares. All provisions of this Agreement concern whole shares of Common Stock. If the application of any provision hereunder would yield a fractional share, the value of such fractional share shall be rounded down paid to the next whole share if it is less than 0.5 and rounded up to the next whole share if it is 0.5 or moreGrantee in cash.

Appears in 28 contracts

Samples: Restricted Stock Award Agreement (Endeavour International Corp), Restricted Stock Award Agreement (Seitel Inc), Restricted Stock Award Agreement (Seitel Inc)

No Fractional Shares. All provisions of this Agreement concern whole shares of Common StockShares. If the application of any provision hereunder would yield a fractional shareShare, such fractional share Share shall be rounded down to the next whole share Share if it is less than 0.5 and rounded up to the next whole share Share if it is 0.5 or more.

Appears in 28 contracts

Samples: Performance Stock Unit Award Incentive Agreement (Ranger Energy Services, Inc.), Performance Stock Unit Award Incentive Agreement (Ranger Energy Services, Inc.), Performance Stock Unit Award Incentive Agreement (Ranger Energy Services, Inc.)

No Fractional Shares. All provisions of this Agreement concern whole shares of Common StockShares. If the application of any provision hereunder would yield a fractional share, such fractional share shall be rounded down to the next whole share if it is less than 0.5 and rounded up to the next whole share if it is 0.5 or more.

Appears in 27 contracts

Samples: Restricted Stock Unit Award Agreement (RigNet, Inc.), Restricted Stock Award Agreement, Restricted Stock Award Agreement (Independence Contract Drilling, Inc.)

No Fractional Shares. All provisions of this Agreement concern whole shares of Common Stockshares. If the application of any provision hereunder would yield a fractional share, such fractional share shall be rounded down to the next whole share if it is less than 0.5 and rounded up to the next whole share if it is 0.5 or more.

Appears in 15 contracts

Samples: Nonqualified Stock Option Award Agreement (Viasat Inc), Restricted Stock Unit Award Agreement (Viasat Inc), Performance Unit Award Agreement (RigNet, Inc.)

No Fractional Shares. All provisions of this Agreement concern whole shares of Common StockShares. If the application of any provision hereunder would yield a fractional shareShare, such fractional share Share shall be rounded down to the next whole share if it is less than 0.5 and rounded up to the next whole share if it is 0.5 or moreShare.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (Schlumberger LTD /Nv/), Restricted Stock Unit Agreement (Smith International Inc), Restricted Stock Unit Agreement (Smith International Inc)

No Fractional Shares. All provisions of this Agreement concern whole shares of Common Stock. If the application of any provision hereunder would yield a fractional shareshare of Stock, such fractional share of Stock shall be rounded down to the next whole share of Stock if it is less than 0.5 and rounded up to the next whole share of Stock if it is 0.5 or more.

Appears in 6 contracts

Samples: Restricted Stock Award Agreement (Tailored Brands Inc), Performance Unit Award Agreement (Tailored Brands Inc), Nonqualified Stock Option Agreement (Tailored Brands Inc)

No Fractional Shares. All provisions of this Agreement concern whole shares of Common Stock. If Notwithstanding anything contained in this Agreement to the contrary, if the application of any provision hereunder of this Agreement would yield a fractional share, such fractional share shall be rounded down to the next whole share if it is less than 0.5 and rounded up to the next whole share if it is 0.5 or moreof Common Stock.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Pioneer Energy Services Corp), Long Term Incentive Restricted Stock Unit Award Agreement (Pioneer Energy Services Corp), Long Term Incentive Restricted Stock Unit Award Agreement (Pioneer Energy Services Corp)

No Fractional Shares. All provisions of this Agreement concern whole shares of Common StockShares. If the application of any provision hereunder would yield a fractional share, such fractional share shall be rounded down to the next whole share if it is less than 0.5 and rounded up to the next whole share if it is 0.5 or moreshare.

Appears in 5 contracts

Samples: Restricted Stock Award Agreement (Cal Dive International, Inc.), Restricted Stock Award Agreement (Cal Dive International, Inc.), Restricted Stock Award Agreement (Cal Dive International, Inc.)

No Fractional Shares. All provisions of this Agreement concern whole shares of Common the Stock. If the application of any provision hereunder would yield a fractional share, such fractional share shall be rounded down to the next whole share if it is less than 0.5 and rounded up to the next whole share if it is 0.5 or more.

Appears in 3 contracts

Samples: Director Restricted Stock Unit Award Agreement (Geospace Technologies Corp), Employee Restricted Stock Unit Award Agreement (Geospace Technologies Corp), Restricted Stock Unit Award Agreement (RigNet, Inc.)

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No Fractional Shares. All provisions of this Agreement agreement concern whole shares of Common Stock. If the application of any provision hereunder of this agreement would yield a fractional shareshare of Stock, such fractional share shall shares will be rounded down to the next whole share if it is less than 0.5 and rounded up to the next whole share if it is 0.5 or moreof Stock.

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement (Halliburton Co), Performance Share Unit Award Agreement (Halliburton Co)

No Fractional Shares. All provisions of this Agreement concern whole shares of Common Stock. If the application of any provision hereunder would yield a fractional share, such fractional share shall be rounded down to the next whole share if it is less than 0.5 and rounded up to the next whole share if it is 0.5 or more.

Appears in 2 contracts

Samples: Long Term Performance Based Restricted Stock Award Agreement (Rosetta Stone Inc), Annual Performance Based Restricted Stock Award Agreement (Rosetta Stone Inc)

No Fractional Shares. All provisions of this Agreement concern whole shares Shares of Common Stock. If the application of any provision hereunder would yield a fractional share, such fractional share shall be rounded down to the next whole share if it is less than 0.5 and rounded up to the next whole share if it is 0.5 or more.

Appears in 1 contract

Samples: Stock Grant Agreement (Endeavour International Corp)

No Fractional Shares. All provisions of this Agreement concern whole shares Shares of Common Stock. If the application of any provision hereunder would yield a fractional shareShare, such fractional share Share shall be rounded down to the next whole share Share if it is less than 0.5 and rounded up to the next whole share Share if it is 0.5 or more.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Petroquest Energy Inc)

No Fractional Shares. All provisions of this Agreement concern whole shares of the Common Stock. If the application of any provision hereunder would yield a fractional share, such fractional share shall be rounded down to the next whole share if it is less than 0.5 and rounded up to the next whole share if it is 0.5 or more.

Appears in 1 contract

Samples: Performance Stock Award Agreement (Tuesday Morning Corp/De)

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