Bonus Share definition

Bonus Share means the shares of common stock of the Company reserved pursuant to Section 4 hereof and any such shares issued to a Recipient pursuant to this Plan.
Bonus Share means Shares described in Section 7(d) of the Plan.

Examples of Bonus Share in a sentence

  • At such time as the employment of the Recipient ceases, any shares not fully vested shall be forfeited by the Recipient and shall be returned to the Bonus Share Reserve.

  • No Bonus Share may be granted during any suspension or after the termination of the Plan.

  • No amendment, suspension, or termination of the Plan shall, without a recipient's consent, alter or impair any of the rights or obligations under any Bonus Share theretofore granted to such recipient under the Plan.

  • The aggregate number of Bonus Shares which may be granted pursuant to this Plan shall not exceed the amount available therefore in the Bonus Share Reserve.

  • Unless the Bonus Shares covered by the Plan have been registered with the Securities and Exchange Commission pursuant to Section 5 of the Securities Act of l933, each Recipient shall, by accepting a Bonus Share, represent and agree, for himself and his transferees by will or the laws of descent and distribution, that all Bonus Shares were acquired for investment and not for resale or distribution.


More Definitions of Bonus Share

Bonus Share means Shares issued to a Participant under the terms of this Plan;
Bonus Share shall have the meaning set forth in Section 3.4(e).
Bonus Share means a fully-vested Share granted pursuant to the terms of the Plan.
Bonus Share means any Common Share granted under Section 9.1;
Bonus Share means a Share issued as a part of a pro rata bonus issue to shareholders of the Company.
Bonus Share means and includes share issued as an additional share to shareholders, by capitalizing the saving earned from the profits or the reserve fund of a bank or financial institution, and the increase of the paid up amount of a share by capitalizing the saving or other fund.
Bonus Share means a Share granted pursuant to Section 8.