Common use of Net Settlement Clause in Contracts

Net Settlement. If you elect this alternative, the Company will retain the number of shares with a Fair Market Value equal to the minimum statutory withholding requirements applicable on your RSUs.

Appears in 10 contracts

Samples: Term Incentive Plan (Scotts Miracle-Gro Co), Restricted Stock Unit Award Agreement (Scotts Miracle-Gro Co), Restricted Stock Unit Award Agreement for Employees (Scotts Miracle-Gro Co)

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Net Settlement. If you elect this alternative, the Company will retain the number of shares with a Fair Market Value equal to the minimum statutory withholding requirements applicable on your RSUsPerformance Units.

Appears in 6 contracts

Samples: Term Incentive Plan (Scotts Miracle-Gro Co), Performance Unit Award Agreement for Employees (Scotts Miracle-Gro Co), Performance Unit Award Agreement (Scotts Miracle-Gro Co)

Net Settlement. If you elect this alternative, the Company will retain the number of shares Shares with a Fair Market Value equal to the minimum statutory required withholding requirements Taxes applicable on your RSUs, provided that such withholding can be no more than the maximum withholding rate applicable to each jurisdiction for which the Company is required to withhold.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement for Employees (Scotts Miracle-Gro Co), Restricted Stock Unit Award Agreement for Employees (Scotts Miracle-Gro Co), Restricted Stock Unit Award Agreement for Employees (Scotts Miracle-Gro Co)

Net Settlement. If you elect this alternative, the Company will retain the number of shares Shares with a Fair Market Value equal to the minimum statutory required withholding requirements Taxes applicable on your RSUs.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement for Employees (Scotts Miracle-Gro Co)

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Net Settlement. If you elect Participant elects this alternative, the Company will retain the number of shares with a Fair Market Value equal to the minimum statutory withholding requirements applicable on your the RSUs.

Appears in 1 contract

Samples: Retention Award Agreement (Scotts Miracle-Gro Co)

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