EDI Employee Transaction Bonus Shares definition

EDI Employee Transaction Bonus Shares means the aggregate number of shares of Fully-Diluted Common Stock of Parent issued to the EDI Employees pursuant to Section 2.3 in an amount that is equal to the number of shares constituting eight percent (8%) of the Selling Parties Parent Shares as allocated among EDI Employees by the Shareholders’ Representative in its sole discretion. For the avoidance of doubt, the EDI Employee Transaction Bonus Shares shall be in addition to, and not part of, the Selling Parties Parent Shares and shall be issued as Company Class A Common Stock.
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EDI Employee Transaction Bonus Shares means the aggregate number of shares of Fully-Diluted Common Stock of Parent issued to the EDI Employees pursuant to Section 2.3 in an amount that is equal to the number of shares constituting eight percent (8%) of the Selling Parties Parent Shares as allocated among EDI Employees by the Shareholders’ Representative in its sole discretion. For the avoidance of doubt, the EDI Employee Transaction Bonus Shares shall be in addition to, and not part of, the Selling Parties Parent Shares.
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Examples of EDI Employee Transaction Bonus Shares in a sentence

  • For the avoidance of doubt, the EDI Employee Transaction Bonus Shares are not subject to any lock-up agreement or restrictions on Transfer and are not counted as a part of the Selling Parties Parent Shares.

  • Immediately prior to the occurrence of any Liquidity Event, Parent shall issue to the EDI Employees the EDI Employee Transaction Bonus Shares, in the amounts for each EDI Employee as determined by the Shareholders’ Representative in its sole discretion.

  • Parent shall have issued to the EDI Employees the EDI Employee Transaction Bonus Shares pursuant to Section 2.3.

  • For the avoidance of doubt, the EDI Employee Transaction Bonus Shares are not subject to any lock-up agreement or restrictions on Transfer and are not counted as a part of the Conversion Shares or shares of BOXL Common Stock issuable upon the automatic conversion of the Conversion Shares.

  • Immediately prior to the occurrence of any Liquidity Event, Parent shall issue to the EDI Employee Transaction Bonus Shares, in the amounts for each EDI Employee as determined by K Laser in its sole discretion.

Related to EDI Employee Transaction Bonus Shares

  • Transaction Bonuses means the aggregate amount of any transaction bonuses, discretionary bonuses, “success” fees, change of control payments, retention bonuses, severance payments, payouts of deferred compensation and any similar or other payment obligations payable related to the consummation of the Merger, the terms of which have been agreed to by the Company or the Company Subsidiary prior to the Effective Time, including with respect to any Employee, any employer-side payroll or related Taxes payable with respect thereto.

  • Company RSU Award means an award of restricted stock units relating to shares of Company Common Stock granted under a Company Equity Incentive Plan (including any dividend equivalent units credited thereon).

  • Company Equity Award means a Company Stock Option or a Company Restricted Share granted under one of the Company Stock Plans, as the case may be.

  • Company Equity Awards means the Company RSU Awards and the Company PSU Awards.

  • Company Restricted Stock Unit means a restricted stock unit issued pursuant to any of the Company Equity Plans that remains outstanding as of immediately prior to the Effective Time (other than Company Performance Restricted Stock Units).

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

  • Bonus Shares means Shares that are awarded to a Grantee without cost and without restrictions in recognition of past performance (whether determined by reference to another employee benefit plan of the Company or otherwise) or as an incentive to become an employee of the Company or a Subsidiary.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • Equity Award means all incentive stock options, non-statutory stock options, shares of restricted stock, restricted stock units or other incentive equity awards in respect of shares of the Company’s equity securities that have been or will be granted to you by the Company.

  • Company Stock Option Plans shall have the meaning set forth in Section 3.07(a).

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Company Restricted Stock Award means each award with respect to a share of restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of determination, subject to forfeiture or repurchase by the Company.

  • LTIP Award means each or any, as the context requires, LTIP Award issued under any Equity Incentive Plan.

  • Company Stock Option Plan means each share option plan, share award plan, share appreciation right plan, phantom share plan, share option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any share, option, warrant or other right to purchase or acquire shares of the Company or right to payment based on the value of Company shares has been granted or otherwise issued.

  • Bonus Amount means the greater of (i) the average annual incentive bonus earned by Executive from the Company (or its affiliates) during the last three (3) completed fiscal years of the Company immediately preceding Executive's Date of Termination (annualized in the event Executive was not employed by the Company (or its affiliates) for the whole of any such fiscal year), and (ii) the Executive's target annual incentive bonus for the year in which the Date of Termination occurs.

  • Company RSUs means any restricted stock units granted under any of the Company Equity Plans.

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Bonus Stock means shares of Common Stock which are not subject to a Restriction Period or Performance Measures.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • Restricted Stock Bonus means Stock granted to a Participant pursuant to Section 8.

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Parent Stock Plan has the meaning set forth in Section 6.2(a).