Common use of No Monetary Payment Required Clause in Contracts

No Monetary Payment Required. The Participant is not required to make any monetary payment (other than applicable tax withholding, if any) as a condition to receiving the Units or shares of Stock issued upon settlement of the Units.

Appears in 13 contracts

Samples: Performance Based Restricted Stock Units Agreement (MAGNACHIP SEMICONDUCTOR Corp), Performance Based Restricted Stock Units Agreement (MAGNACHIP SEMICONDUCTOR Corp), Restricted Stock Units Agreement (MAGNACHIP SEMICONDUCTOR Corp)

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No Monetary Payment Required. The Participant is not required to make any monetary payment (other than applicable tax withholding, if any) as a condition to receiving the Units or shares of Stock issued upon settlement of the Units.

Appears in 1 contract

Samples: Deferred Restricted Stock Units Agreement (E TRADE FINANCIAL Corp)

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No Monetary Payment Required. The Participant is not required to make any monetary payment (other than applicable tax and social insurance contributions withholding, if any) as a condition to receiving the Units or shares of Stock issued in settlement of the Units. Notwithstanding the foregoing, if required by applicable law, the Participant shall furnish consideration in the form of cash having a value not less than the par value of the shares of stock issued upon settlement of the Units.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Globalstar, Inc.)

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