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Insufficient Shares
Insufficient Shares contract clause examples

Fractional Shares. The Company shall not be required to issue fractional shares upon the exercise or settlement of any Award.

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Fractional Shares. The Company shall not be required to issue fractional shares upon the settlement of the Award.

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Section # Fractional Shares. The Company shall not be required to issue fractional shares upon the exercise or settlement of any Award.

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Fractional Shares. The Company shall not be required to issue fractional shares upon the exercise of the Option.

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Fractional Shares. The Company shall not be obligated to issue any fractional shares of Common Stock in settlement of Awards granted under the Plan. If an Award includes or results in an entitlement to a fractional share for any reason, the Award shall be settled in full by issuance of the maximum whole number of shares of Common Stock the Participant is entitled to receive pursuant to the terms of the Award (upon satisfaction of all applicable conditions to the issuance of shares) and the Company may cancel the fractional share without any compensation to the Participant.

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