Examples of Dilutive Shares in a sentence
For the purposes of this Section 6.1, whenever Dilutive Shares are issued for a consideration other than cash, either in whole or in part, the fair market value of the Dilutive Shares issued shall be as established in good faith by resolution of the Company’s board of directors.
However, little thinking has been carried out on questions specifically arising from this alleged ‘mainstream- ing’.
While the Company is bound by any undertaking or agreement that this should be the case, no Option shall be granted under rule 4 if that grant would result in the total number of Dilutive Shares exceeding 10% of the issued share capital of the Company.
The Company may not grant an Award if that grant would result in the total number of Dilutive Shares exceeding 10% of the issued share capital of the Company.
The Company may not grant an Award if that grant would result in the total number of Discretionary Dilutive Shares exceeding10% of the issued share capital of the Company.