Value Cap. Notwithstanding anything herein to the contrary, in no event will the Participant receive Shares on the Delivery Date (or, if applicable, the date specified in Section 4(c)) with a value in excess of the Value Cap. In the event the Participant would receive Shares in excess of the Value Cap without regard to the prior sentence, the number of Shares delivered to the Participant will be reduced to the maximum number of whole Shares that may be delivered without exceeding the Value Cap.
Appears in 7 contracts
Samples: Performance Stock Unit Award Agreement (Smith & Wesson Brands, Inc.), Performance Stock Unit Award Agreement (American Outdoor Brands, Inc.), Performance Stock Unit Award Agreement (Smith & Wesson Brands, Inc.)
