Common use of Settlement in Shares Clause in Contracts

Settlement in Shares. Notwithstanding anything to the contrary in the Agreement, Appendix or the Plan, the Stock Award shall be settled only in Shares of the Company (and may not be settled in cash).

Appears in 31 contracts

Sources: Restricted Stock Unit Award Agreement (Jabil Inc), Restricted Stock Unit Award Agreement (Jabil Inc), Restricted Stock Unit Award Agreement (Jabil Inc)

Settlement in Shares. Notwithstanding anything to the contrary in the Agreement, this Appendix or the Plan, the Stock Award shall be settled only in Shares of the Company (and may not be settled in cash).

Appears in 24 contracts

Sources: Restricted Stock Unit Award Agreement (Jabil Inc), Restricted Stock Unit Award Agreement (Jabil Inc), Restricted Stock Unit Award Agreement (Jabil Inc)

Settlement in Shares. Notwithstanding anything to the contrary in the Agreement, Appendix Agreement or the Plan, the Stock Award shall be settled only in Shares shares of the Company Common Stock (and may not be settled in cash).

Appears in 8 contracts

Sources: Restricted Stock Unit Award Agreement (Hillenbrand, Inc.), Restricted Stock Unit Award Agreement (Hillenbrand, Inc.), Performance Based Unit Award Agreement (Hillenbrand, Inc.)

Settlement in Shares. Notwithstanding anything to the contrary in the Agreement, this Appendix or the Plan, the Stock Unit Award shall be settled only in Shares of the Company (and may not be settled in cash, except with the express written consent of the Grantee).

Appears in 5 contracts

Sources: Restricted Stock Unit Award Agreement (Jabil Inc), Restricted Stock Unit Award Agreement (Jabil Inc), Restricted Stock Unit Award Agreement (Jabil Inc)

Settlement in Shares. Notwithstanding anything to the contrary in the Agreement, Appendix or the Plan, the Stock Unit Award shall be settled only in Shares of the Company (and may not be settled in cash).

Appears in 5 contracts

Sources: Restricted Stock Unit Award Agreement (Jabil Inc), Restricted Stock Unit Award Agreement (Jabil Inc), Restricted Stock Unit Award Agreement (Jabil Inc)