Common use of Settlement of Stock Units Clause in Contracts

Settlement of Stock Units. The following provision supplements Section 2 of the Stock Unit Agreement: Notwithstanding Section 13(c) of the Plan, the Stock Units will be settled in Shares only, not cash.

Appears in 1 contract

Sources: Stock Unit Agreement (Marvell Technology Group LTD)

Settlement of Stock Units. The following provision supplements Section 2 of the Stock Unit Agreement: Notwithstanding Section 13(c) of the Plan, the Stock Units will be settled in Shares only, not cash.

Appears in 1 contract

Sources: Stock Unit Agreement (Deferred Stock Units) (Marvell Technology Group LTD)

Settlement of Stock Units. The following provision supplements Section 2 of the Stock Unit Agreement: Notwithstanding Section 2 of the Stock Unit Agreement and Section 13(c) of the Plan, the Stock Units will be settled in Shares only, not cash.

Appears in 1 contract

Sources: Stock Unit Agreement (Marvell Technology, Inc.)