Examples of Company Share Incentive Plans in a sentence
Such restricted cash awards will be subject to the same vesting terms applicable to the unvested options from which they were converted, provided that, consistent with the existing terms of the Company Share Incentive Plans, each restricted cash award will become fully vested and payable immediately upon termination without cause of the holder's employment with the surviving company or any of its subsidiaries within twelve (12) months of the effective time.
Certain of our directors and executive officers have been granted options or restricted share units pursuant to the Company Share Incentive Plans.
At the effective time of the merger, each outstanding unvested option to purchase Shares granted under the Company Share Incentive Plans will be cancelled and will not entitle the former holders thereof to the payment of any consideration thereon.
A:Each outstanding restricted share award granted under the Company Share Incentive Plans will be cancelled and converted into the right to receive, as soon as practicable after the effective time of the merger, a restricted cash award in an amount equal to the number of Ordinary Shares Table of Contentsunderlying such restricted share award immediately prior to the effective time of the merger multiplied by $5.25.
Percentage of beneficial ownership is calculated assuming 272,019,059 Shares outstanding as of May 31, 2014, which is based on 278,502,027 Shares outstanding as of May 31, 2014, but excludes 6,482,968 Ordinary Shares that have been issued to the ADS depositary and reserved for future grants under the Company Share Incentive Plans.
Section 4.03(a) of the Company Disclosure Schedule sets forth, as of the date hereof, the aggregate amount of the outstanding Company Share Awards and the weighted average exercise price (if applicable) under each of the Company Share Incentive Plans.
Treatment of Restricted Share Awards (Page 81) Each outstanding restricted share award granted under the Company Share Incentive Plans will be cancelled and converted into the right to receive, as soon as practicable after the effective time of the merger, a restricted cash award in an amount equal to the number of Ordinary Shares underlying such restricted share award immediately prior to the effective time of the merger multiplied by $5.25.
Percentage of beneficial ownership is calculated assuming 270,863,733 Shares outstanding as of March 31, 2014, which is based on 278,101,445 Shares outstanding as of March 31, 2014, but excludes 7,237,712 Ordinary Shares that have been issued to the ADS depositary and reserved for future grants under the Company Share Incentive Plans.
Percentage of beneficial ownership is based on 82,935,162 Shares outstanding as of November 15, 2013 (including restricted shares to the extent that such restricted shares have voting power but excluding 4,465,472 Shares held in brokerage accounts in the Company's name or issued to the ADS depositary in anticipation of the vesting of options and restricted share units of the Company granted under the Company Share Incentive Plans).
Percentage of beneficial ownership is based on 83,081,072 Shares outstanding as of December 31, 2013 (including restricted shares to the extent that such restricted shares have voting power but excluding 4,085,575 Shares held in brokerage accounts in the Company's name or issued to the ADS depositary in anticipation of the vesting of options and restricted share units of the Company granted under the Company Share Incentive Plans).