Delivered Shares definition

Delivered Shares has the meaning set forth in Section 5 of this Agreement.
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Delivered Shares shall have the meaning set forth in paragraph (e) of Section 3 hereof.
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Delivered Shares has the meaning set forth in Section 2.4(a).
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Examples of Delivered Shares in a sentence

  • The Employee shall have no right to transfer, pledge, hypothecate or otherwise encumber such Unit Delivered Shares or Deferred Dividend Shares.

  • Once the Unit Delivered Shares and Deferred Dividend Shares vest and the shares of Stock underlying those units or shares have been delivered, but not until such time and only with respect to the shares of Stock so delivered, the Employee shall have the rights of a stockholder, including, but not limited to, the right to vote and to receive dividends.

  • For the avoidance of doubt, no shares of Stock (including Deferred Dividend Shares) shall be payable in respect of the Unit Delivered Shares if the Unit Delivered Shares are forfeited, and no Deferred Dividend Shares shall be payable in respect of any dividend for which the record date falls on or after the date on which the Employee or other person entitled to the Unit Delivered Shares becomes the record owner of such shares of Stock for dividend record-date purposes.

  • In no event will any Stock Payment be paid to the Recipient prior to delivery of Delivered Shares, and if the Restricted Stock Units do not vest for any reason then no Stock Payments will ever be paid with respect thereto and all rights thereto will be forfeited.

  • The number of Delivered Shares and Deferred Dividend Shares in respect of each vested Performance Share Unit, if any, shall be determined in accordance with Annex A hereto (the “Performance Unit Plan Schedule”).

  • If the Company declares and pays a dividend or other distribution with respect to the outstanding Common Stock (collectively “Stock Payments”) at or before the issuance of the Stock to the Recipient pursuant to Section 4(g), then the Company shall pay to the Recipient, at the time it delivers the Stock pursuant to Section 4(g) (the “Delivered Shares”), the Stock Payments that would have been paid on the Delivered Shares had they been outstanding at the time the Stock Payments were made.

  • In the case of either (A) or (B), there shall be delivered or paid to the Employee, within ten (10) days following vesting, the Unit Delivered Shares and Deferred Dividend Shares underlying this award, determined on the basis of the Deemed CIC Achievement.

  • Each cell of the Performance Plan Matrix sets forth in percentage terms the number common shares related to each vested Performance Share Unit that will become Unit Delivered Shares for each performance level.

  • In the event of a termination of employment by reason of the Employee’s death or Disability occurring after the date hereof but before January 24, 2011, all Performance Share Units shall immediately and automatically vest in full, but the appropriate number of Unit Delivered Shares and Deferred Dividend Shares (calculated as provided in Section 3(b)(ii)) shall not be payable until the completion of the Performance Period and the Determination Date.

  • The number of Unit Delivered Shares in respect of each vested Performance Share Unit, if any, shall be determined in accordance with Annex A hereto (the “Performance Plan Matrix”).


More Definitions of Delivered Shares

Delivered Shares means any shares of Xxxxxxx Common Stock delivered by Worldwide upon an exchange of the XXXXX to the holders thereof pursuant to Section 10.01(a) of the XXXXX Indenture.
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Delivered Shares means a number of shares of common stock of Parent equivalent to twenty percent (20%) of the aggregate issued and equitable outstanding ownership interests in Parent on a fully diluted basis.
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Delivered Shares shall have the meaning set forth in Section 1.6(a)(ix).
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Delivered Shares means a number of shares of Common Stock equal to the quotient obtained by dividing (a) the product obtained by multiplying (i) five percent (5%), by (ii) the dollar amount of the Advance, by (b) the final published sales price of shares of Common Stock on the day prior to Advance.
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Related to Delivered Shares

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • RSU Shares means shares of Common Stock that underlie an RSU.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Limited Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Non-Election Shares shall have the meaning set forth in Section 3.2.1.

  • Dividend Shares means any shares of Common Stock issuable in lieu of cash dividends paid or to be paid on the Series A Preferred.

  • Purchased Shares has the meaning set forth in Section 2.01.

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

  • Subject Shares means that number of Shares set forth on the Securityholder’s signature page attached to this Agreement, being all of the Shares owned legally or beneficially, either directly or indirectly, by the Securityholder or over which the Securityholder exercises control or direction, either directly or indirectly, and shall further include any Shares issued upon the conversion, exercise or vesting, as applicable, of Convertible Securities or otherwise acquired by the Securityholder after the date hereof.

  • Put Shares means all shares of Common Stock issued, or that the Company shall be entitled to issue, per any applicable Put Notice in accordance with the terms and conditions of this Agreement.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

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

  • Net Shares has the meaning provided in Section 2.12 hereof.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Retained Shares has the meaning set forth in the recitals.

  • Payment Shares has the meaning set forth in Section 2.02;

  • Sold Shares shall have the meaning specified in Section 6.