Allocated Shares Sample Clauses
The Allocated Shares clause defines the specific number or percentage of shares that are assigned to a party under an agreement. In practice, this clause details how many shares each participant receives, when these shares are distributed, and any conditions or restrictions attached to their allocation, such as vesting schedules or performance milestones. Its core function is to ensure transparency and prevent disputes by clearly outlining each party’s ownership stake in the company or project.
Allocated Shares. For purposes of this Section, shares of Company Stock shall be deemed to be allocated and credited to a Participant’s ESOP Stock Account in an amount to be determined based on the balance in such account on the Accounting Date coincident with or next preceding the record date of any vote or tender offer.
Allocated Shares. Each Participant (or Beneficiary) to whose ESOP Stock Account shares of Company Stock have been allocated may, as a named fiduciary within the meaning of ERISA section 403(a)(1), direct the Trustee with respect to the sale, exchange, transfer, conversion or other disposition of the shares of Company Stock allocated to his ESOP Stock Account, and the Trustee shall follow the directions of those Participants (and Beneficiaries) who provide timely instructions to the Trustee. (ii)
Allocated Shares. Shares of Company Stock which have been allocated to Participants’ Accounts shall be voted by the Trustee in accordance with the Participants’ written instructions.
Allocated Shares. 36 AMEX ...................................................................... 2 BHCA ...................................................................... 16
Allocated Shares. Each Participant (or Beneficiary) as a named fiduciary within the meaning of ERISA section 403(a)(1), in accordance with the procedures hereinafter set forth, may direct the Trustee with respect to the votes of the shares of Company Stock allocated to his ESOP Stock Account, and the Trustee shall follow the directions of those Participants (and Beneficiaries) who provide timely instructions to the Trustee; provided that, notwithstanding the foregoing, the Trustee shall vote the shares of Company Stock allocated to the Part B Accounts of the Participants who are (or were) members of the ALPA Employee Group but who are not Employees (or allocated to the Part B Accounts of their Beneficiaries.)
Allocated Shares of the Lease is hereby amended to provide that the Tenant’s Allocated Share is 5.28%.
Allocated Shares. All Notes shall be purchased by Purchasers simultaneously and proportionately to their respective Allocated Shares, it being understood that no Purchaser shall be responsible for any default by any other Purchaser in such other Purchaser’s obligation to purchase a Note requested hereunder.