Common use of Fractions Clause in Contracts

Fractions. To the extent that the Company is obligated to issue a fractional number of Performance Restricted Stock Units, such number will be rounded down to the nearest whole share number.

Appears in 8 contracts

Sources: Performance Restricted Stock Unit Grant Agreement (First Interstate Bancsystem Inc), Performance Restricted Stock Unit Grant Agreement (First Interstate Bancsystem Inc), Performance Restricted Stock Unit Grant Agreement (First Interstate Bancsystem Inc)

Fractions. To the extent that the Company is obligated to issue a fractional number of Performance Restricted Stock Units, such number will be rounded down to the nearest whole share number.

Appears in 5 contracts

Sources: Restricted Stock Unit Grant Agreement (First Interstate Bancsystem Inc), Restricted Stock Unit Grant Agreement (First Interstate Bancsystem Inc), Restricted Stock Unit Grant Agreement (First Interstate Bancsystem Inc)