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Fractional Shares Clause Example from Business Contracts

This example Fractional Shares clause appears in 2 contracts from 1 company

Fractional Shares. Fractional shares shall not be issuable hereunder, and when any provision hereof or the Plan may entitle Participant to a fractional share, such fraction shall be disregarded.

Found in Xenith Bankshares, Inc. contract

Xenith Bankshares, Inc. Contracts

HAMPTON ROADS BANKSHARES, INC. Restricted Stock Unit Award Agreement (Filed With SEC on August 22, 2014)

HAMPTON ROADS BANKSHARES, INC. Nonqualified Stock Option Agreement (Filed With SEC on August 22, 2014)

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Fractional Shares Clause Example from Business Contracts