Fractional Shares Clause Example from Business Contracts
This example Fractional Shares clause appears in 2 contracts from 1 company
Fractional Shares. In lieu of issuing a fraction of a share upon any exercise of the Option, resulting from an adjustment of the Option pursuant to Section 4.4 of the Plan or otherwise, the Company will be entitled to pay to the Grantee the Fair Market Value of such fractional share.
Found in
Dollar Tree contract
Dollar Tree Contracts
Non-Employee Director Nonstatutory Stock Option Agreement (Filed With SEC on June 11, 2021)
Form of Nonstatutory Stock Option Agreement under the 2021 Omnibus Incentive Plan (Filed With SEC on March 10, 2023)
