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 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.
Unless expressly specified as Conditional Shares by the Committee, all shares of Common Stock awarded under this Plan shall be Unconditional Shares.
Notwithstanding the provisions of Section 7, in the event of a change of control, all Share Conditions on all Conditional Shares will lapse.
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 Placing Shares to be placed conditionally pursuant to the Conditional Placing; “Corporations Act” means the Australian Corporations Act 2001 (Cth);
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 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;
Conditional Shares shall have the meaning set forth in the introductory paragraph hereof. “Conditional Warrants” shall mean Warrants issued pursuant to, and in the form of Exhibit B-2 of, the Purchase Agreement. “Determination Date” shall have the meaning set forth in paragraph 1D hereof. “Dilution Fee” shall have the meaning set forth in paragraph 3A. “Exercise Period” shall have the meaning set forth in paragraph 1A. “Exercise Price” shall have the meaning set forth in the introductory paragraph hereof. “Exercise Time” shall have the meaning set forth in paragraph 1A. “Fair Market Value” shall have the meaning set forth in the Purchase Agreement. “Former CEO Options” shall mean the options issued to Mr. David Xxxxx xx xcquire, in the aggregate, 100,000 shares of Common Stock. “Fully Diluted Basis” shall mean, at any given time, the number of shares of Common Stock actually outstanding at such time, plus the number of Stock Equivalents then outstanding (including Warrants), regardless of their exercise price or its equivalent. “Imputed Notes” shall mean Notes with a principal amount equal to the maximum amount of Notes sold under the Purchase Agreement multiplied by the Warrant Fraction. “Imputed Primary Warrants” shall mean Primary Warrants in the aggregate amount sold or issued under the Purchase Agreement multiplied by the Warrant Fraction. “IRR” shall have the meaning set forth in the Purchase Agreement. “Liquidating Dividend” shall have the meaning set forth in paragraph 3B. “Organic Change” shall have the meaning set forth in paragraph 2D. “Parent” shall have the meaning set forth in the introductory paragraph hereof. “Person” shall mean an individual, a partnership, a joint venture, a corporation, a trust, an unincorporated organization and a government or any department or agency thereof. “Primary Warrants” shall mean all Warrants, other than any Conditional Warrants, issued pursuant to the Purchase Agreement. “Registered Holder” shall have the meaning set forth in the introductory paragraph hereof. “Securities” shall have the meaning set forth in paragraph 1D hereof. “Stage 1 Conditional Shares” shall have the meaning set forth in paragraph 1D hereof. “Stage 2 Conditional Shares” shall have the meaning set forth in paragraph 1D hereof. “Stage 3 Conditional Shares” shall have the meaning set forth in paragraph 1D hereof. “Stock Equivalents” shall mean any option, warrant, right or similar security or claim exercisable into, exchangeable for, or convertible to shares...
Conditional Shares means Shares comprised in a Conditional Share Award
Conditional Shares means the shares of Common Stock under the conditional capital approved by the shareholders’ meeting of the Company for purposes of sourcing the shares of Common Stock following any exercise of Options under this Plan.