Common use of Shares Distributed Clause in Contracts

Shares Distributed. Any Shares distributed pursuant to an Award may consist, in whole or in part, of authorized and unissued Shares, treasury Shares or Shares purchased on the open market.

Appears in 2 contracts

Sources: Business Combination Agreement (Proptech Investment Corp. Ii), 2021 Omnibus Stock and Incentive Plan (First Financial Bankshares Inc)