Accelerated Shares definition
Examples of Accelerated Shares in a sentence
These Accelerated Shares would be issuable to him on and as of the occurrence of the USA Transaction.
Upon the occurrence of the Public Offering, the Vested Shares and the Accelerated Shares shall thereafter be fully vested and remain exercisable in accordance with the terms of the original grant.
The determination of the number of Accelerated Shares shall be made by an accounting firm selected by the Company and consented to by the Purchaser, which consent shall not be unreasonably withheld.
Except as otherwise provided in Section 2(b)(ii), the Right of Repurchase with respect to the remaining Restricted Shares (i.e., all Restricted Shares other than the Accelerated Shares) shall lapse with respect to 33 1/3 percent (33 1/3%) of such remaining Restricted Shares on each of the first, second and third anniversaries of the Closing, so long as the Purchaser continues to be a Service Provider at all times from the Effective Date through each such anniversary.
All reasonable fees and expenses incurred in connection with this Agreement and the transactions contemplated hereby shall be paid by the Company, whether or not the sale of the Accelerated Shares and the Exchange is consummated; provided, however, that with respect to the Purchasers, such reasonable fees and expenses of legal counsel shall not exceed $400,000.
The award of Accelerated Shares to ▇▇▇▇▇▇▇ shall be in lieu of all Shares otherwise issuable to ▇▇▇▇▇▇▇ under the Plan for any uncompleted Fiscal Year, and ▇▇▇▇▇▇▇ shall not be entitled to earn any additional Shares under the Plan on account of any such uncompleted Fiscal Year.
In consideration of the above, the Seller agrees: I/We agree to pay a fee of (place check ▇▇▇▇) ____$199.00(3 month listing) or ____$299.00(6 month listing) or ____$399.00(12 month listing) to The Realty Dot, Inc.
The Purchase Price (as defined in the Purchase Agreement) shall be paid to the Company at the Class A Closing, against receipt of the Accelerated Shares, by wire transfer of immediately available funds to an account designated by the Company in writing at least two (2) days prior to the Class A Closing Date.
The Accelerated Shares shall fully vest on the Separation Date, but shall be subject to the restrictions on transfer set forth in Section 5 of this Agreement.
For purposes of this section, the restriction on the Accelerated Shares prohibits Optionee from selling, assigning, pledging, or in any manner transferring such restricted Accelerated Shares, or any right or interest in such restricted Accelerated Shares, whether voluntarily or by operation of law, or by gift, bequest or otherwise.