Examples of Vested Shares in a sentence

For clarity, if the Qualifying Termination occurs following the end of the Adjusted EBITDA Performance Period (as defined in Exhibit B) but prior to the filing of the Company’s Annual Report on Form 10-K for the Adjusted EBITDA Performance Period, the Restricted Shares shall remain outstanding and eligible to vest and become Vested Shares upon the filing of such Annual Report on Form 10-K to the extent an Adjusted EBITDA Goal is achieved.
Any attempted transfer or disposition of Unvested Shares or related Retained Distributions prior to the time the Unvested Shares become Vested Shares will be null and void.
Any Restricted Shares that are not Vested Shares (as defined in Exhibit B) are referred to herein as “Unvested Shares”.
Notwithstanding the generality of the foregoing, all cash dividends and other distributions made or declared with respect to Unvested Shares (“Retained Distributions”) will be held by the Company until the time (if ever) when the Unvested Shares to which such Retained Distributions relate become Vested Shares.

More Definitions of Vested Shares

Vested Shares means those Shares in respect of which an Award Vests.

Vested Shares has the meaning specified in Section 3.1 hereof.

Vested Shares means all Shares which are not Restricted Shares.

Vested Shares means any portion of the Shares of Restricted Stock subject to this Agreement that is and has become vested pursuant to this Section 2.

Vested Shares means the shares of Restricted Stock which are no longer subject to the Restrictions by reason of Section 3.2.

Vested Shares means Shares that have vested in accordance with Section 3.1 or Section 3.2.

Vested Shares means the Option Shares with respect to which the Option is exercisable at any particular time.