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GWW » Topics » Article 7. Stock.

This excerpt taken from the GWW 10-Q filed Aug 2, 2006.

Article 7. Stock.

 

7.1.      Award of Stock. Subject to the provisions of the Plan, Shares of Stock may be awarded to Outside Directors in such number, upon such terms, and at such time or times as the Committee shall determine in its discretion.

 

 

 

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7.2.      Award Agreement. Each Stock Award may, but need not, be evidenced by an Award Agreement that shall specify the number of Shares to which the Award pertains, the purchase price (if any), and such other provisions as the Committee shall determine.

 

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