Fractional Share Payment

Example Definitions of "Fractional Share Payment"
Fractional Share Payment. Means an amount in cash payable in lieu of any fractional share of JAKKS Stock that would, but for the provisions of Section 2.2(b), be included in the Stock Payment.
Found in TOYMAX INTERNATIONAL INC contract
Fractional Share Payment. Means an amount in cash payable in lieu of any fractional share of JAKKS Stock that would, but for the provisions of Section 2.2(b), 6.2, be included in the Stock Payment.
Found in TOYMAX INTERNATIONAL INC contract
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