Common use of Settlement in Ordinary Shares Clause in Contracts

Settlement in Ordinary Shares. Notwithstanding any discretion in the Plan to settle the RSUs in cash, due to tax law considerations in the United Kingdom, the RSUs will be settled in Ordinary Shares only. The RSUs do not provide any right for the Participant to receive a cash payment.

Appears in 18 contracts

Samples: 2007 Stock Incentive Plan (Cardtronics PLC), 2007 Stock Incentive Plan (Cardtronics PLC), 2007 Stock Incentive Plan (Cardtronics PLC)

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