Common use of PURCHASE OF COMMON STOCK Clause in Contracts

PURCHASE OF COMMON STOCK. The Corporation and its Affiliates may, but shall not be required to, purchase shares of Common Stock of the Corporation for purposes of satisfying the requirements of this Award. The Corporation and its Affiliates shall have no obligation to retain and shall have the unlimited right to sell or otherwise deal with for their own account, any shares of Common Stock of the Corporation purchased for satisfying the requirements of this Award.

Appears in 30 contracts

Samples: Award Agreement (Avanos Medical, Inc.), Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp)

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PURCHASE OF COMMON STOCK. The Corporation and its Affiliates may, but shall not be required to, purchase shares of Common Stock common stock of the Corporation for purposes of satisfying the requirements of this Awardoption. The Corporation and its Affiliates shall have no obligation to retain and shall have the unlimited right to sell or otherwise deal with for their own account, any shares of Common Stock common stock of the Corporation purchased for satisfying the requirements of this Awardoption.

Appears in 14 contracts

Samples: Award Agreement (Avanos Medical, Inc.), Award Agreement (Avanos Medical, Inc.), Award Agreement (Halyard Health, Inc.)

PURCHASE OF COMMON STOCK. The Corporation and its Affiliates may, but shall not be required to, purchase shares of Common Stock of the Corporation for purposes of satisfying the requirements of this Awardoption. The Corporation and its Affiliates shall have no obligation to retain and shall have the unlimited right to sell or otherwise deal with for their own account, any shares of Common Stock of the Corporation purchased for satisfying the requirements of this Awardoption.

Appears in 8 contracts

Samples: Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp)

PURCHASE OF COMMON STOCK. The Corporation and its Affiliates may, but shall not be required to, purchase shares of Common Stock of the Corporation for purposes of satisfying the requirements of this Award. The Corporation and its Affiliates shall have no obligation to retain and shall have the unlimited right to sell or otherwise deal with for their own account, any shares of Common Stock common stock of the Corporation purchased for satisfying the requirements of this Award.

Appears in 6 contracts

Samples: Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp)

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PURCHASE OF COMMON STOCK. The Corporation and its Affiliates may, but shall not be required to, purchase shares of Common Stock of the Corporation for purposes of satisfying the requirements of this Awardoption. The Corporation and its Affiliates shall have no obligation to retain and shall have the unlimited right to sell or otherwise deal with for their own account, any shares of Common Stock of the Corporation purchased for satisfying the requirements of this Awardoption. 11.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement

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