Conditional Shares definition

Conditional Shares means shares of Common Stock awarded under this Plan subject to conditions imposed by the Committee (as defined herein) or the conditions set forth in Section 6.2 or both.

Conditional Shares means a conditional right to acquire Shares granted in accordance with rule 3;

Conditional Shares means shares of Common Stock issued under this Plan.

Examples of Conditional Shares in a sentence

• Conditional Shares to which the Share Conditions have not so lapsed will be forfeited and returned to the Corporation as provided in Paragraph 6.2(a).

• Whenever under the Plan, Common Stock is to be delivered upon vesting of Conditional Shares, the Committee shall be entitled to require as a condition of delivery that the Participant remit or provide for the withholding of an amount sufficient to satisfy all federal, state and other government withholding tax requirements related thereto.

• The Committee may award to Participants Unconditional Shares and Conditional Shares.

• Certificates representing Conditional Shares sold or granted pursuant to the Plan may bear a legend making an appropriate reference to the conditions imposed on the Conditional Shares.

• Unless expressly specified as Conditional Shares by the Committee, all shares of Common Stock awarded under this Plan shall be Unconditional Shares.

More Definitions of Conditional Shares

Conditional Shares means the number of shares of Common Stock and Preferred Stock (on the basis of one share of Common Stock for every four shares of Preferred Stock) that each Conditional Purchaser is obligated to purchase from Holdings in accordance with Section 2(a)(2); provided, however, that such Purchaser shall in no event be required to purchase a greater number of shares than set forth opposite such Purchaser's name on Annex II.

Conditional Shares means shares within the meaning given for the purposes of sections 140A and 140B of the Income and Corporation Taxes Act 1988(40) in section 140C of that Act and, by virtue of section 140A(9) of that Act, includes securities issued by a company;

Conditional Shares means Placing Shares to be placed conditionally pursuant to the Conditional Placing; “Corporations Act” means the Australian Corporations Act 2001 (Cth);

Conditional Shares means rights to take ownership of Shares on a future Vesting Date, subject to the fulfilment of the Performance Conditions and the Employment Condition, by virtue of a Long-Term Performance Award;

Conditional Shares means Shares which have been issued to an Eligible Employee subject to forfeiture provisions, vesting conditions and other restrictions set out in a Conditional Shares Award Agreement;

Conditional Shares means the shares in the Company set out in Column C of Schedule 2;

Conditional Shares means Shares which are awarded to an Eligible Employee subject to forfeiture provisions, vesting conditions and other restrictions set out in a Conditional Shares Award Agreement;