Common use of No Fractional Units Clause in Contracts

No Fractional Units. In the event the Final Award Number is a number of Units that is not a whole number, then the Final Award Number shall be rounded down to the nearest whole number.

Appears in 14 contracts

Samples: Performance Restricted Stock Unit Award Agreement (Us Bancorp \De\), Performance Restricted Stock Unit Award Agreement (Us Bancorp \De\), Performance Restricted Stock Unit Award Agreement (Us Bancorp \De\)

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No Fractional Units. In the event the Final Award Number is a number of Units that is not a whole number, then the Final Award Number shall be rounded down up to the nearest whole number.

Appears in 2 contracts

Samples: Performance Share Award Agreement (Expeditors International of Washington Inc), Performance Share Award Agreement (Expeditors International of Washington Inc)

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