Restricted Share Agreement. Restricted Share awards shall be evidenced by an Agreement in the form prescribed by the Committee which shall set forth such terms, conditions and restrictions as the Committee in its discretion deems appropriate. Restricted Share awards shall be effective only upon execution of the applicable Agreement on behalf of the Company by the Chief Executive Officer (if other than the President), the President or any Vice President, and by the Participant.
Restricted Share Agreement. Each award or sale of Shares under the Plan (other than upon exercise of an Option) shall be evidenced by a Restricted Share Agreement between the Purchaser and the Company. Such award or sale shall be subject to all applicable terms and conditions of the Plan and may be subject to any other terms and conditions imposed by the Board, as set forth in the Restricted Share Agreement, that are not inconsistent with the Plan. The provisions of the various Restricted Share Agreements entered into under the Plan need not be identical.
Restricted Share Agreement. Each grant of Restricted Shares under the Plan shall be evidenced by an applicable Restricted Share Agreement between the Participant and the Company. Such Restricted Shares shall be subject to all terms of the Plan and the Restricted Share Agreement (which shall not be inconsistent with the terms of the Plan). The provisions of the various Restricted Share Agreements entered into under the Plan need not be identical.
Restricted Share Agreement. Each Investor shall have executed and delivered to the Company the Restricted Share Agreement.
Restricted Share Agreement. (i) Each of the Founders shall have executed and delivered to Purchaser the restricted share agreement substantially in form and substance as set forth in Exhibit C (the “Restricted Share Agreement”), which shall be effective as of the Closing. The Restricted Share Agreement shall provide that all the Bitdeer Shares issued to such Founder under this Agreement shall vest in equal instalments over a seven (7)-year period, i.e. one seventh (1/7) of the Bitdeer Shares shall vest on the first anniversary of the Closing Date, and one seventh (1/7) of the Bitdeer Shares shall vest on each of the subsequent anniversaries of the first anniversary of the Closing Date in the next six (6) years.
(ii) Each of [***] shall have executed and delivered to Purchaser the Restricted Share Agreement, which shall be effective as of the Closing. The Restricted Share Agreement shall provide that all the Bitdeer Shares issued to such Shareholder under this Agreement shall vest in equal instalments over a five (5)-year period, i.e. one fifth (1/5) of the Bitdeer Shares shall vest on the first anniversary of the Closing Date, and one fifth (1/5) of the Bitdeer Shares shall vest on each of the subsequent anniversaries of the first anniversary of the Closing Date in the next four (4) years.
Restricted Share Agreement. The Company, the Purchaser, the Founders and the Founder’s BVI Holding Entity shall have entered into the Amended and Restated Restricted Share Agreement (“Restricted Share Agreement”), in substantially the form attached hereto as Exhibit E.
Restricted Share Agreement. The Company shall have delivered to such Investor a copy of the amended and restated restricted share agreement (the “Restricted Share Agreement”) in form and substance set forth in Exhibit F attached hereto, duly executed by the Founders, Founder HoldCos, the Company and the other parties thereto (except for Phoenix).
Restricted Share Agreement. NATL and Xxxxxxxxx are parties to a Restricted Share Agreement, dated November 7, 2007 (the “Restricted Share Agreement”), whereby Xxxxxxxxx was granted 84,000 Common Shares of NATL to be vested in one-seventh portions every January 1st for seven consecutive years. It is acknowledged by NATL and Xxxxxxxxx that two one-seventh portions, equaling a total of 24,000 Common Shares, still remain to be vested to Xxxxxxxxx at 12,000 Common Shares on January 1, 2016 and January 1, 2017, respectively. Nothing in this Agreement shall be construed to impact the Restricted Share Agreement and it is acknowledged that the Restricted Share Agreement remains in full force and effect pursuant to its terms.
Restricted Share Agreement. 2.3.1 Awards are subject to the rules of the Plan and the terms of a Restricted Share Agreement which the Participant must enter into with the Company in order to be made an Award.
2.3.2 The Restricted Share Agreement will provide that, to the extent the Award lapses and is forfeited under the Plan, the Shares are forfeited and the Participant will: (i) be required to transfer his interest in the Shares to be forfeited to any person (which may include the Company) specified by the Company for consideration in any amount per Share equal to the lower of the Market Value of a Share at such time and the Purchase Price paid by the participant in respect of such Share; and (ii) pending such transfer being completed, the Participant will waive any rights to exercise any voting rights or receive any dividends in respect of the Shares to be forfeited and shall account to any person (which may include the Company) specified by the Company for any distribution, sale proceeds or other amount received in respect of or connection with such Shares.
2.3.3 The Restricted Share Agreement will set out other terms of the Award, as determined by the Board, including:
(i) the Award Date;
(ii) the number of Shares subject to the Award
(iii) the Purchase Price per Share;
(iv) the criteria that determine the timing of Vesting, including any Vesting Date(s) and any Performance Milestones and, if relevant, the maximum number of Shares in respect of which the Award will Vest on each Vesting Date and/or on the achievement of each Performance Milestone (as applicable) or how that will be determined; and
(v) any variations to shareholder rights under rule 2.7 (Rights).
Restricted Share Agreement. The Plan and Other Agreements The Restricted Shares that you are receiving are granted pursuant and subject in all respects to the applicable provisions of the Plan, which is incorporated herein by reference. Capitalized terms not defined in this Agreement will have the meanings ascribed to them in the Plan. The attached Notice, this Agreement and the Plan constitute the entire understanding between you and the Company regarding this Award. Any prior agreements, commitments, or negotiations concerning this Award are superseded. This Agreement may be amended by the Committee without your consent; however, if any such amendment would materially impair your rights or obligations under this Agreement, this Agreement may be amended only by another written agreement, signed by you and the Company.
