Awards Payable in Cash Only. Awards granted to Participants in India shall be paid in cash only and do not provide any right for the Participant to receive shares of Common Stock.
Appears in 6 contracts
Samples: Award Agreement (Halyard Health, Inc.), Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp)
Awards Payable in Cash Only. Notwithstanding anything in the Award Agreement, Awards granted to Participants in India shall be paid in cash only and do not provide any right for the Participant to receive shares of Common Stock.Stock and shall be paid only in cash through local payroll in an amount equal to the value of the shares at vesting less any Tax-Related Items. The Participant agrees to bear any currency fluctuation risk between the time the Awards vest and the time the cash payment is distributed to the Participant. INDONESIA
Appears in 3 contracts
Samples: Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp)
Awards Payable in Cash Only. Notwithstanding anything in the Award Agreement, Awards granted to Participants in India shall be paid in cash only and do not provide any right for the Participant to receive shares of Common StockStock and shall be paid only in cash through local payroll in an amount equal to the value of the shares at vesting less any Tax-Related Items. The Participant agrees to bear any currency fluctuation risk between the time the Awards vest and the time the cash payment is distributed to the Participant.
Appears in 2 contracts
Samples: Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp)
Awards Payable in Cash Only. Notwithstanding anything in the Award Agreement, Awards granted to Participants in India shall be paid in cash only and do not provide any right for the Participant to receive shares of Common StockStock and shall be paid only in cash in an amount equal to the value of shares of Common Stock at vesting less any Tax-Related Items. The Participant agrees to bear any currency fluctuation risk between the time the Awards vest and the time the cash payment is distributed to the Participant.
Appears in 2 contracts
Samples: Award Agreement (Avanos Medical, Inc.), Award Agreement (Avanos Medical, Inc.)