WAL-MART STORES, INC. SHARE-SETTLED RESTRICTED STOCK UNIT NOTIFICATION AND TERMS AND CONDITIONSNotification and Terms and Conditions • December 1st, 2016 • Wal Mart Stores Inc • Retail-variety stores
These Share-Settled Restricted Stock Unit Notification and Terms and Conditions (the “Agreement”), contain the terms and conditions of the rights, denominated in shares of common stock, $0.10 par value per share (“Shares”) of Wal-Mart Stores, Inc. (“Walmart”), that may result in payment of Shares to the grantee named above (the “Grantee”) upon and not before the lapse of the restrictions stated herein (“Restricted Stock Units” or “RSUs”).
