Common use of Settlement in Shares Clause in Contracts

Settlement in Shares. Notwithstanding any discretion in the Plan or the Award Agreement to settle the Stock Award in cash, the French-qualified Stock Award will be settled in Shares only. The Stock Award does not provide any right for Awardee to receive a cash payment.

Appears in 17 contracts

Sources: Stock Award Agreement (Agilent Technologies, Inc.), Officer and Executive Stock Award Agreement (Agilent Technologies, Inc.), Stock Award Agreement (Agilent Technologies, Inc.)