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: Notification of Award and Terms and Conditions of Award (Wal Mart Stores Inc), Stock Value Equivalent Award (Wal Mart Stores Inc), Award and Terms and Conditions of Award (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: Notification of Award and Terms and Conditions of Award (Wal Mart Stores Inc)

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