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 of Stock resulting from an adjustment of the Award pursuant to Section 17.4 of the Plan (as incorporated by herein by reference pursuant to Section 12 of this Agreement) or otherwise, the Company will be entitled to pay to Grantee an amount equal to the fair market value of such fractional share.
Found in
Bonanza Creek Energy, Inc. contract
Bonanza Creek Energy, Inc. Contracts
Employment Agreement between the Company and Brant H. DeMuth, dated November 12, 2018 (Filed With SEC on November 13, 2018)
Employment Agreement between the Company and Eric Greager, dated March 30, 2018 (Filed With SEC on April 5, 2018)
