Common use of Vested and Unvested Shares Clause in Contracts

Vested and Unvested Shares. The term “Vested Shares” means Shares owned by the Employees which are vested pursuant to Sections 9.1.1, 9.1.2, 9.1.3 and 9.1.4. The term “Unvested Shares” means Shares owned by the Employees which are not Vested Shares.

Appears in 7 contracts

Samples: Shareholders Agreement, Shareholders Agreement (Manning & Napier, Inc.), Shareholders Agreement (Manning & Napier, Inc.)

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Vested and Unvested Shares. The term “Vested Shares” means will mean all of the Shares owned by the Employees which are that have vested pursuant to Sections 9.1.13(a), 9.1.2, 9.1.3 3(b) and 9.1.43(c). The term “Unvested Shares” means will mean all of the Shares owned by the Employees which are not other than Vested Shares.

Appears in 2 contracts

Samples: Stock Purchase and Restriction Agreement (Omthera Pharmaceuticals, Inc.), Stock Purchase and Restriction Agreement (Omthera Pharmaceuticals, Inc.)

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