Examples of Class 1 Stock in a sentence
The Committee, in its sole discretion, may authorize the amendment of an outstanding Stock Option that relates to Class A Stock so that such Stock Option, instead, relates to Class 1 Stock.
Awards may be granted under the Plan with respect to Class A Stock or Class 1 Stock.
Subject to such aggregate limit, Awards may be granted in any combination of Shares of Class A Stock or Class 1 Stock.
Each Stock Appreciation Right shall specify whether it relates to Shares of Class A Stock or Class 1 Stock.
Shares of Class 1 Stock will not be represented by certificates, and shares of Class A Stock may not be represented by certificates.
Whether the Stock Option relates to Shares of Class A Stock or Class 1 Stock shall be specified.
Each grant of an Award of Restricted Stock shall be evidenced by an Award Agreement that will specify whether the Shares of Restricted Stock are Class A Stock or Class 1 Stock, the availability of dividends and other distributions with respect to which Shares of Restricted Stock are entitled, the voting rights, if any, associated with such Shares of Restricted Stock, and the conditions that must be satisfied for the Participant to vest in the Participant’s right to the Restricted Stock.
An amendment to an outstanding Stock Option so that it relates to Class 1 Stock instead of Class A Stock shall not constitute a new grant for purposes of Section 5(b), and such Stock Option shall continue to be treated for all purposes as having been granted on the original grant date of such Stock Option.
The aggregate number of shares of Class A Stock and Class 1 Stock available for Awards under the Plan is one-hundred and eight million (108,000,000) shares.
The aggregate number of shares of Class A Stock and Class 1 Stock available for Awards under the Plan is ninety-four million shares.