Partial Interests in Shares. To the extent that any adjustment in stock options or stock appreciation rights results in any fractional interest in shares, such fractional interest shall be rounded to the nearest whole share. No fractional interests in shares or stock appreciation rights shall be payable in cash or otherwise.
Appears in 3 contracts
Samples: Employee Benefits Agreement (Carmax Inc), Employee Benefits Agreement (Carmax Inc), Employee Benefits Agreement (Circuit City Stores Inc)
Partial Interests in Shares. To the extent that any adjustment in stock options or stock appreciation rights described in this Section 5.2 results in any fractional interest in shares, such fractional interest shall be rounded down to the nearest whole share. No fractional interests in shares or stock appreciation rights shall be payable in cash or otherwise.
Appears in 3 contracts
Samples: Employee Matters Agreement, Employee Matters Agreement (WABCO Holdings Inc.), Employee Matters Agreement (American Standard Companies Inc)
Partial Interests in Shares. To the extent that any adjustment described in stock options or stock appreciation rights this Section 5.2(b) results in any fractional interest in shares, such fractional interest shall be rounded down to the nearest whole share. No fractional interests in shares or stock appreciation rights shall be payable in cash or otherwise.
Appears in 3 contracts
Samples: Employee Matters Agreement (Ensign Group, Inc), Employee Matters Agreement (CareTrust REIT, Inc.), Employee Matters Agreement (CareTrust REIT, Inc.)
Partial Interests in Shares. To the extent that any adjustment described in stock options or stock appreciation rights this Section 5.2 results in any fractional interest in shares, such fractional interest shall be rounded down to the nearest whole share. No fractional interests in shares or stock appreciation rights shall be payable in cash or otherwise.
Appears in 3 contracts
Samples: Employee Matters Agreement (Mural Oncology PLC), Employee Matters Agreement (Alkermes Plc.), Employee Matters Agreement (Mural Oncology PLC)
Partial Interests in Shares. To the extent that any adjustment described in stock options or stock appreciation rights this Section 5.2 results in any fractional interest in shares, such fractional interest shall be rounded down to the nearest whole share. No fractional interests in shares or stock appreciation rights shall be payable in cash or otherwise.
Appears in 2 contracts
Samples: Employee Matters Agreement (Gaming & Leisure Properties, Inc.), Employee Matters Agreement (Gaming & Leisure Properties, Inc.)
Partial Interests in Shares. To the extent that any adjustment described in stock options or stock appreciation rights this Section 4.02 results in any fractional interest in shares, such fractional interest shall be rounded down to the nearest whole share. No fractional interests in shares or stock appreciation rights shall be payable in cash or otherwise.
Appears in 1 contract
