Common use of Subject to Shareholder Approval Clause in Contracts

Subject to Shareholder Approval. To the extent you are a “covered employee” within the meaning of Code Section 162(m), the award and this Agreement are subject to, and conditioned upon, shareholder approval of the material terms of the performance goals stated in Paragraph 6 below.

Appears in 3 contracts

Samples: Performance Share Award Agreement (Wal Mart Stores Inc), Performance Share Award Agreement (Wal Mart Stores Inc), Stock Value Equivalent Award Agreement (Wal Mart Stores Inc)

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Subject to Shareholder Approval. To the extent you are a "covered employee" within the meaning of Code Section 162(m), the award and this Agreement are subject to, and conditioned upon, shareholder approval of the material terms of the performance goals stated in Paragraph 6 below.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Wal Mart Stores Inc)

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