Common use of RSUs Payable Only in Shares Clause in Contracts

RSUs Payable Only in Shares. RSUs granted to Participants in Canada shall be paid in Shares only. In no event shall any of such RSUs be paid in cash, notwithstanding any discretion contained in the Plan, or any provision in the Agreement to the contrary. The following two provisions apply if the Participant is a resident of Quebec:

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Envista Holdings Corp), Restricted Stock Unit Agreement (Envista Holdings Corp), Terms and Conditions (Danaher Corp /De/)

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RSUs Payable Only in Shares. RSUs granted to Participants in Canada shall be paid in Shares only. In no event shall any of such RSUs be paid in cash, notwithstanding any discretion contained in the Plan, or any provision in the Agreement to the contrary. The following two provisions apply if the Participant is a resident of Quebec:.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Danaher Corp /De/)

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