Common use of No Adjustments Clause in Contracts

No Adjustments. Notwithstanding anything to the contrary contained in Section 13.2 of the Plan, no adjustment shall be made to any unvested RSUs pursuant to Section 13.2 of the Plan with respect to any dividend or distribution to the extent that Dividend Equivalents are paid to Holder in connection therewith.

Appears in 4 contracts

Sources: Restricted Stock Unit Agreement (Pricesmart Inc), Restricted Stock Unit Agreement (Pricesmart Inc), Restricted Stock Unit Agreement (Pricesmart Inc)