No Fractional Shares Clause Example from Business Contracts

This example No Fractional Shares clause appears in 2 contracts from 1 company

No Fractional Shares. No fractional shares of Common Stock shall be issued or delivered pursuant to this Plan or any Award. The Committee shall determine whether cash, Awards, or other property shall be issued or paid in lieu of fractional shares of Common Stock or whether such fractional shares of Common Stock or any rights thereto shall be forfeited or otherwise eliminated.
Found in Kraton Corporation contract
Kraton Corporation Contracts

KRATON PERFORMANCE POLYMERS, INC. 2016 EQUITY AND CASH INCENTIVE PLAN (Filed With SEC on May 23, 2016)

Kraton Corporation 2016 Equity and Cash Incentive Plan (as amended and restated) (Filed With SEC on April 27, 2017)