Deferred Share definition

Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;
Deferred Share means a right to receive a specified number of Shares during specified time periods pursuant to Article 8.
Deferred Share means a right to receive Shares awarded under Section 7.3.

Examples of Deferred Share in a sentence

  • The number of such additional Deferred Share Units, if any, will be calculated by dividing (a) the total amount of the dividends that would have been paid to the Eligible Director if the Deferred Share Units in the Eligible Director’s account on the dividend record date had been outstanding Shares (and the Eligible Director held no other Shares), by (b) the Fair Market Value of the Shares on the date on which such dividends were paid.

  • Subject to the absolute discretion of the Board, in the event that a dividend (other than a stock dividend) is declared and paid by the Company on the Shares, an Eligible Director may be credited with additional Deferred Share Units.

  • In the event of the death of an Eligible Director, the Deferred Share Units shall be redeemed automatically and with no further action on the 20th business day following the death of an Eligible Director.

  • Any additional Deferred Share Units awarded pursuant to this Section will be subject to the same terms, including the time of settlement, as the Deferred Share Units to which they relate.

  • The provisions of Deferred Share Unit Grant Letters issued under this Plan need not be identical.


More Definitions of Deferred Share

Deferred Share means a credit to a Participant's deferral account under Section 7 which represents the right to receive one Share upon settlement of the deferral account. Deferral accounts, and Deferred Shares credited thereto, are maintained solely as bookkeeping entries by the Company evidencing unfunded obligations of the Company.
Deferred Share means a right to receive a specified number of Shares or ADSs during specified time periods pursuant to Section 8.4 hereof.
Deferred Share means a contractual right to receive one Share on a deferred basis in accordance with the terms of the Plan.
Deferred Share means the deferred share units that confer upon a Participant the right to receive Shares at the end of a specified deferral period as set forth in Article IX.
Deferred Share means a conditional right to receive a number of shares of Common Stock upon vesting.
Deferred Share means the grant of a Stock Award consisting of a contractual right to receive a Share in the future after attainment of the vesting criteria established by the Administrator.
Deferred Share means a non-voting unit of measurement which is deemed solely for bookkeeping purposes under the Plan to be equivalent to one outstanding share of Common Stock (subject to Section 4.4(b)(4)).