Common use of Partial Exercises Clause in Contracts

Partial Exercises. No Option or SAR may be exercised for a fraction of a share and no partial exercise of any Option or SAR Right may be made for less than 50 shares unless the total number of Shares remaining under the Award Agreement is less than 50 at the time of exercise.

Appears in 2 contracts

Sources: 2011 Omnibus Equity Plan (KEMPER Corp), 2011 Omnibus Equity Plan (KEMPER Corp)