Common use of Partial Interests in Shares Clause in Contracts

Partial Interests in Shares. To the extent that any adjustment described in this Section 5.3 results in any fractional interest in shares, such fractional interest shall be rounded down to the nearest whole share.

Appears in 3 contracts

Samples: Employee Matters Agreement (Bluebird Bio, Inc.), Employee Matters Agreement (2seventy Bio, Inc.), Employee Matters Agreement (2seventy Bio, Inc.)

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Partial Interests in Shares. To the extent that any adjustment described in this Section 5.3 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 shall be payable in cash or otherwise.

Appears in 3 contracts

Samples: Employee Matters Agreement (CareTrust REIT, Inc.), Employee Matters Agreement (Ensign Group, Inc), Employee Matters Agreement (CareTrust REIT, Inc.)

Partial Interests in Shares. To the extent that any adjustment in stock options or stock appreciation rights described in this Section 5.3 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 this Section 5.3 5.2 results in any fractional interest in shares, such fractional interest shall be rounded down to the nearest whole share.

Appears in 3 contracts

Samples: Employee Matters Agreement (Alkermes Plc.), Employee Matters Agreement (Mural Oncology PLC), Employee Matters Agreement (Mural Oncology PLC)

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Partial Interests in Shares. To the extent that any adjustment described in this Section 5.3 5.2 results in any fractional interest in shares, such fractional interest shall be rounded down to the nearest whole share. No fractional interests 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 this Section 5.3 4.02 results in any fractional interest in shares, such fractional interest shall be rounded down to the nearest whole share. No fractional interests shall be payable in cash or otherwise.

Appears in 1 contract

Samples: Employee Matters Agreement (IAA Spinco Inc.)

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