No Fractional Shares Clause Example from Business Contracts

This example No Fractional Shares clause appears in 3 contracts from 2 companies

No Fractional Shares. No fractional shares of Common Stock shall be issued or delivered pursuant to the Plan or any Benefit. The Committee shall determine whether cash, or Benefits, or other property shall be issued or paid in lieu of fractional shares or whether such fractional shares or any rights thereto shall be forfeited or otherwise eliminated.
Found in Bricktown Brewery Restaurants LLC contract
Bricktown Brewery Restaurants LLC Contracts

Form of Bricktown Restaurant Group, Inc. 2019 Equity Incentive Plan (Filed With SEC on April 3, 2019)

OLB GROUP, INC. Contracts

THE OLB GROUP, INC. 2020 SHARE INCENTIVE PLAN (Filed With SEC on May 21, 2020)

Form of 2020 Equity Incentive Plan (Filed With SEC on June 8, 2020)