Employee Stock has the meaning set forth in Section 1(a) hereof. The Employee Stock will continue to be Employee Stock in the hands of any holder other than the Employee (except for the Company and except for transferees in a Public Sale) and, except as otherwise provided herein, each such other holder of the Employee Stock will succeed to all rights and obligations attributable to the Employee as a holder of the Employee Stock hereunder. The Employee Stock will also include shares of the Company's capital stock issued with respect to the Employee Stock by way of a stock split, stock dividend or other recapitalization.
Employee Stock will continue to be Employee Stock in the hands of any holder other than Employee (except for the Company and the Investors and except for transferees in a Public Sale), and except as otherwise provided herein, each such other holder of Employee Stock will succeed to all rights and obligations attributable to Employee as a holder of Employee Stock hereunder. Employee Stock will also include shares of the Company's capital stock issued with respect to Employee Stock by way of a stock split, stock dividend or other recapitalization.
Employee Stock means Stockholder Shares held by the Employee Stockholders and their respective Permitted Transferees.
Examples of Employee Stock in a sentence
It is the intention of the Company to have the Plan qualify as an "Employee Stock Purchase Plan" under Section 423 of the Internal Revenue Code of 1986, as amended.
The Plan permits the Company to grant a series of Purchase Rights to Eligible Employees under an Employee Stock Purchase Plan.
Generally, to exercise such powers and to perform such acts as it deems necessary or expedient to promote the best interests of the Company and its Related Corporations and to carry out the intent that the Plan be treated as an Employee Stock Purchase Plan.
It is the intention of the Company to have the Plan qualify as an "Employee Stock Purchase Plan" under Section 423 of the Code.
I hereby agree to be bound by the terms of the Employee Stock Purchase Plan.
More Definitions of Employee Stock
Employee Stock means the shares of common stock, stock options, warrants for common stock, and/or preferred stock of Green Innovations, previously issued to Employee.
Employee Stock means all shares of capital stock of the Company or Orchids Acquisition Group, Inc. acquired by Employee, whether held by Employee or one or more transferees.
Employee Stock shall have the meaning set forth in Section 8.2.
Employee Stock means any Class A Common Stock of the Company, whether now or hereafter authorized, that the Company has issued or sold to an employee pursuant to an employee stock purchase, option or benefit plan, agreement, or other offering or arrangement, including, without limitation, all shares sold by the Company to employees and consultants of the Company subject to agreements of restriction, including the 1997 Plan, by the Company, all Reserved Shares, and shares issued under those certain Stock Restriction and Exchange Agreements entered into by and between the Company and certain of the Employees.
Employee Stock means any Common Stock of the Company, whether now or hereafter authorized, that the Company has issued or sold or received for issuance to an employee pursuant to an employee stock purchase, option or benefit plan, agreement or other arrangement.
Employee Stock means common stock of Holdings, and/or options, warrants or other rights to purchase such common stock, which are (a) issued or granted to officers, directors, employees or agents of Holdings or any Subsidiary of Holdings pursuant to any employee stock option plan or arrangement, employee stock purchase plan or arrangement or other equity incentive, bonus or similar plan or arrangement approved by the Board of Directors of Holdings, provided that the total thereof does not exceed *% of the shares of such common stock then outstanding and/or issuable upon conversion of the outstanding convertible securities, options, warrants or other rights to acquire such common stock (the "Fully Diluted Common Stock"), or (b) issued or granted pursuant to written agreements with "branchisees" or similar agreements with "branchisees" or similar agents of Holdings or any Subsidiary of Holdings, provided that any options, warrants or other rights granted thereunder with respect to such common stock shall be exercisable at not less than fair market value (as determined by the Board of Directors of Holdings) as of the date of grant, and provided, further, that the total shares of such common stock issuable upon the exercise of all such options, warrants or other rights shall not exceed five percent of the Fully Diluted Common Stock as of any such grant date.
Employee Stock means the shares of (i) Series C Voting Preferred Stock and (following any exercise of the Special Conversion Option, Common Stock) to be issued pursuant to the Letter Agreements and (ii) Common Stock issued upon conversion of Series C Voting Preferred Stock, in each case excluding any shares not held by a Qualified Holder.