Fractional Shares Clause Example from Business Contracts

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

Fractional Shares. The Company shall not be required to issue any fractional Shares pursuant to this Plan. The Board may provide for the elimination of fractional Shares or for the settlement of fractional Shares for cash.
CinCor Pharma, Inc. Contracts

2019 Stock Option Plan (Filed With SEC on December 17, 2021)

2019 Stock Option Plan (Filed With SEC on January 3, 2022)