COMPANY CALL definition

COMPANY CALL. In the event of Employee's termination of employment for any reason, the vested Phantom Shares held by the Employee shall be subject to a "call" by Holdings or its designee (the "Company Call") at the fair market value on the Termination Date. The Company Call must be exercised within six months of the Termination Date. The purchase price shall be the equivalent of the fair market value of an equivalent number of common shares of Holdings on the Termination Date. It will be paid one-half in cash within 30 days of the exercise of the Company Call and the remaining one-half will be payable within two years of the date of exercise of the Company Call (the "Deferred Call Payments"). Any Deferred Call Payments shall be credited with an appropriate interest rate or dividend rate. In the event that Holdings is restricted from purchasing such shares for cash under any applicable financing or other agreements, Holdings may issue the Employee a note or such other permissible security (which shall contain commercially reasonable terms) in full satisfaction of such call. In no event shall the Employee be paid less cash at the time of the exercise of the Company Call than the Employee's income tax liability resulting from the sale of the Phantom Shares.
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COMPANY CALL has the meaning set forth in Section 7.4(a) hereof.
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COMPANY CALL. Any time the Shares trade above $2.00 per Share for 20 consecutive trading days, the Company can call all (but not less than all) of the Series A Debentures at a redemption price equal $525 per$500 of principal amount of the Series A Debentures, subject to the individual rights of the investors, within 60 days of such call, to elect to convert rather than to be redeemed.
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Examples of COMPANY CALL in a sentence

  • COMPANY CALL OPTION...........................................................

  • COMPANY CALL OPTION.....................................................

  • In the absence of such a designation, the executor or administrator of such holder’s estate shall be entitled to exercise the Stock Appreciation Right.8. EXERCISE PROCEDURES PRIOR TO IPO DATE; PARTICIPANT PUT RIGHTS; COMPANY CALL RIGHTS; AGREEMENTS RELATING TO COMMON STOCK.

  • FOR SITE LOCATION OF EXISTING UTILITIES INVOLVING MLG&W, SOUTH CENTRAL BELL, AND/OR TEXAS GAS COMPANY, CALL 1-800-351-1111.

  • MOBILE PHONE COMPANY CALL CENTRE - DAY Tim rubs his head in frustration as an angry customer SCREAMS down the phone at him.

  • MOBILE PHONE COMPANY CALL CENTRE - DAY Tim walks into the busy call centre.

  • MOBILE PHONE COMPANY CALL CENTRE - DAY Nigel leans over the desk of one of Tim’s colleagues.

  • MOBILE PHONE COMPANY CALL CENTRE - DAY Tim walks through the busy call centre and comes to a desk where a WOMAN, YVONNE, is sat in front of a PC.


More Definitions of COMPANY CALL

COMPANY CALL shall have the meaning set forth in Section 7.2.1(a) hereof.
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COMPANY CALL. The Company can call at a price of $0.001 per Warrant any unexercised Warrants and require their exercise as follows if the Common Stock closes above the price indicated below for any consecutive 20 business days Warrants Callable by Company Trading Price If Unexercised $5.50 One-third $6.25 One-third $7.00 All Each call must follow the next by a minimum of 30 days. Warrants that are not exercised when called will be forfeited.
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COMPANY CALL means Company Call #1 and Company Call #2, ------------ collectively.
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COMPANY CALL. Prior to the second anniversary date, the Company will ------------- have the right, but not the obligation, to purchase ("Call") the securities of a Management Shareholder upon any event of termination other than Death, Permanent Disability or, in the case of Xxxx Xxxxxxxx, Retirement at age 65 or over. In the event of Voluntary Termination or termination for Cause (a "Just Cause Dismissal"), the Call price will be at the initial rollover value ("Initial Fair Value"). In the event of Involuntary Termination not for Cause, the Call price will be Fair Market Value (based on the Company as a whole and as a going concern) as reasonably determined by the Board of Directors using commonly known and widely accepted valuation methods without taking into account any discount for minority interests. The definition of Just Cause Dismissal will include (i) the continual or deliberate neglect of the performance of an executive's material duties, (ii) failure of an executive to devote substantially all of his working time to the business of the Company, (iii) engaging willfully in misconduct in connection with the performance of any of his duties, (iv) willfully failing to follow the directives of the Board of Directors or the Chief Executive Officer of the Company, (v) breach of confidentiality agreements with the Company, (vi) active disloyalty to the Company, or (vii) engaging in conduct which would be reasonably likely to result in material injury to the reputation of the Company, including commission of a felony, fraud, or embezzlement. The Company will have 60 days following termination in which to exercise its Call right, after which the Company's Call right will expire.
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COMPANY CALL shall have the meaning assigned to such term in Section 10 hereof.
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Related to COMPANY CALL

  • Company Cash means all cash on hand or on deposit to the credit of the Company on the Closing Date;

  • Company Cure Period has the meaning specified in Section 10.01(b).

  • Company Capital Stock means the Company Common Stock and the Company Preferred Stock.

  • Company Common Shares means the common shares in the capital of the Company;

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Company Share Plans means, collectively, (i) the 2018 Share Incentive Plan of the Company, which replaced the Company’s 2010 Share Incentive Plan in its entirety, and (ii) the Post-IPO Share Incentive Plan of the Company.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Company Common Stock means the common stock, par value $0.01 per share, of the Company.

  • Company 401(k) Plan shall have the meaning set forth in Section 6.09(e).

  • Company SAR means any stock appreciation right linked to the price of Company Common Stock and granted under any Company Stock Plan.

  • Company Equity Award means a Company Stock Option or a Company Restricted Share granted under one of the Company Stock Plans, as the case may be.

  • Company Equity Plan means any management equity or stock option or ownership plan or any other management or employee benefit plan of the Company or any Subsidiary of the Company.

  • Company Warrants means warrants to purchase shares of Company Capital Stock.

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Parent Equity Plan means the Energy Transfer Equity, L.P. Long-Term Incentive Plan.

  • Parent Equity Plans means all employee and director equity incentive plans of Parent and agreements for equity awards in respect of Parent Common Stock granted under the inducement grant exception.

  • Company Equity Plans means (i) the Company’s 2014 Equity Incentive Plan as amended and restated from time to time, (ii) the Company’s 2004 Equity Incentive Plan, as amended and restated from time to time and (iii) the Inference Technologies Group Inc. 2018 Equity Incentive Plan, as amended and restated from time to time.

  • Company Capitalization means the sum, as of immediately prior to the Equity Financing, of: (1) all shares of Capital Stock (on an as-converted basis) issued and outstanding, assuming exercise or conversion of all outstanding vested and unvested options, warrants and other convertible securities, but excluding (A) this instrument, (B) all other Safes, and (C) convertible promissory notes; and (2) all shares of Common Stock reserved and available for future grant under any equity incentive or similar plan of the Company, and/or any equity incentive or similar plan to be created or increased in connection with the Equity Financing.

  • Company Share means one share of common stock of the Company, $0.01 par value per share.

  • Company Stock Fund means a hypothetical investment fund pursuant to which Deferred Stock Units are credited with respect to a portion of an Award subject to an Election, and thereafter until (i) the date of distribution or (ii) the effective date of a Diversification Election, to the extent a Diversification Election applies to such Deferred Stock Units, as applicable. The portion of a Grantee’s Account deemed invested in the Company Stock Fund shall be treated as if such portion of the Account were invested in hypothetical shares of Common Stock or Special Common Stock otherwise deliverable as Shares upon the Vesting Date associated with Restricted Stock or Restricted Stock Units, and all dividends and other distributions paid with respect to Common Stock or Special Common Stock were held uninvested in cash and credited with interest at the Applicable Interest Rate as of the next succeeding December 31 (to the extent the Account continues to be deemed credited in the form of Deferred Stock Units through such December 31).

  • Company RSU Award means an award of restricted stock units relating to shares of Company Common Stock granted under a Company Equity Incentive Plan (including any dividend equivalent units credited thereon).

  • Company Option Plans means the Company 1994 Incentive Stock Plan, the Company 1995 Outside Director’s Stock Option Plan and the Company 2004 Incentive Stock Plan.

  • Company Stock Option Plans shall have the meaning set forth in Section 3.07(a).

  • Company Option Plan means, collectively, each stock option plan, program or arrangement of the Company.

  • Parent Equity Awards means Parent Options, Parent DSU Awards and Parent PSU Awards.

  • Compensatory time off means authorized time off earned by or awarded to an employee to compensate in whole or in part for time worked in excess of the minimum work time required of that employee as a condition of his or her employment.