No Fractional Shares Clause Example from Business Contracts

This example No Fractional Shares clause appears in 4 contracts from 1 company

No Fractional Shares. No fractional shares of Common Stock shall be issued or delivered under this Agreement. The Board shall determine whether cash or other property shall be issued or paid in lieu of such 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 SPX Corporation contract
SPX Corporation Contracts

Form of Time-Based Restricted Stock Unit Award Agreement for Non-Employee Directors under the SPX 2019 Stock Compensation Plan (Filed With SEC on November 2, 2022)

SPX Corporation 2002 STOCK COMPENSATION PLAN TIME-BASED RESTRICTED STOCK AGREEMENT [ ] AWARD FOR NON-EMPLOYEE DIRECTORS (Filed With SEC on April 30, 2014)

Form of Time-Based Restricted Stock Agreement Award for Non-Employee Directors under the SPX Corporation 2002 Stock Compensation Plan SPX Corporation 2002 STOCK COMPENSATION PLAN... (Filed With SEC on April 29, 2015)

SPX Corporation 2002 STOCK COMPENSATION PLAN TIME-BASED RESTRICTED STOCK AGREEMENT 20XX AWARD FOR NON-EMPLOYEE DIRECTORS (Filed With SEC on January 4, 2013)