Common use of Performance RSUs Settled in Shares Only Clause in Contracts

Performance RSUs Settled in Shares Only. Notwithstanding anything to the contrary in the Plan and/or this Agreement, any Performance RSUs granted to you shall be paid in Shares only and do not provide any right to receive a cash payment.

Appears in 4 contracts

Samples: 2022 Performance Restricted Stock Units (BWX Technologies, Inc.), Performance Restricted Stock Units (BWX Technologies, Inc.), Grant Agreement (BWX Technologies, Inc.)

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Performance RSUs Settled in Shares Only. Notwithstanding anything to the contrary in the Plan and/or this Agreement, any Performance RSUs granted to you shall be paid in Shares shares of BWXT common stock only and do not provide any right to receive a cash payment.

Appears in 3 contracts

Samples: Grant Agreement (BWX Technologies, Inc.), Grant Agreement (BWX Technologies, Inc.), Grant Agreement (BWX Technologies, Inc.)

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