Common use of Settlement in Shares Clause in Contracts

Settlement in Shares. Notwithstanding anything to the contrary in the Agreement, Appendix or the Plan, the Stock Award shall be settled only in Shares of the Company (and may not be settled in cash).

Appears in 27 contracts

Samples: Restricted Stock Unit Award Agreement (Jabil Inc), Restricted Stock Unit Award Agreement (Jabil Inc), Restricted Stock Unit Award Agreement (Jabil Inc)

AutoNDA by SimpleDocs

Settlement in Shares. Notwithstanding anything to the contrary in the Agreement, this Appendix or the Plan, the Stock Award shall be settled only in Shares of the Company (and may not be settled in cash).

Appears in 20 contracts

Samples: Restricted Stock Unit Award Agreement (Jabil Inc), Restricted Stock Unit Award Agreement (Jabil Inc), Restricted Stock Unit Award Agreement (Jabil Inc)

AutoNDA by SimpleDocs

Settlement in Shares. Notwithstanding anything to the contrary in the Agreement, Appendix Agreement or the Plan, the Stock Award shall be settled only in Shares shares of the Company Common Stock (and may not be settled in cash).

Appears in 8 contracts

Samples: Restricted Stock Unit Award Agreement (Hillenbrand, Inc.), Restricted Stock Unit Award Agreement (Hillenbrand, Inc.), Restricted Stock Unit Award Agreement (Hillenbrand, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!