Common use of Retention of Shares Clause in Contracts

Retention of Shares. If you are subject to Valmont’s stock ownership guidelines and have not met those guidelines at the time you exercise your rights under the Option, you shall retain, and not transfer or otherwise dispose of, at least seventy-five percent (75%) of the net shares that are delivered to you upon exercise of the Option until you meet the applicable ownership guidelines.

Retention of Shares. If you are subject to Valmont’s stock ownership guidelines and have not met those guidelines at the time you exercise your rights under the Optionof settlement, you shall retain, and not transfer or otherwise dispose of, at least seventy-five percent (75%) of the net shares that are delivered to you upon exercise of the Option until you meet the applicable ownership guidelines.

Retention of Shares. If you are subject to Valmont’s 's stock ownership guidelines and have not met those guidelines at the time you exercise your rights under the Optionof settlement, you shall retain, and not transfer or otherwise dispose of, at least seventy-five percent fifty (7550%) of the net shares that are delivered to you upon exercise of the Option until you meet the applicable ownership guidelines.

Retention of Shares. If you are subject to Valmont’s stock ownership guidelines and have not met those guidelines at the time you exercise your rights under the Option, you shall retain, and not transfer or otherwise dispose of, of at least seventy-five percent (75%) of the net shares that are delivered to you upon exercise of the Option until you meet the applicable ownership guidelines.

Retention of Shares. If you are subject to Valmont’s stock ownership guidelines and have not met those guidelines at the time you exercise your rights under the Option, you shall retain, and not transfer or otherwise dispose of, at least seventy-five fifty percent (7550%) of the net shares that are delivered to you upon exercise of the Option until you meet the applicable ownership guidelines.