Incentive Shares means Shares awarded pursuant to the provisions of Article 12.
Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.
Purchased Shares has the meaning set forth in Section 2.01.
Coop Shares Shares issued by a Cooperative Corporation.
Stockholder Shares means all securities of the Company registered in the name of, or Beneficially Owned by the Stockholder Parties, including any and all securities of the Company acquired and held in such capacity subsequent to the date hereof.
Company Shares means the common shares in the capital of the Company;
Vested Shares means "Vested Shares" as defined in the Award Agreement.
Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.
Cooperative Shares Shares issued by a Cooperative Corporation.
Sold Shares shall have the meaning specified in Section 6.
Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.
Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.
VMTP Shares has the meaning set forth in the preamble to this Agreement.
Representative Shares shall have the meaning given in the Recitals hereto.
Excluded Shares has the meaning set forth in Section 2.1(b).
Purchase Shares has the meaning set forth in Section 2.2(a) hereof.
Unvested Shares means "Unvested Shares" as defined in the Award Agreement.
Exchanged Shares has the meaning ascribed thereto in Section 2.1.
Acquired Shares has the meaning set forth in the Recitals.
Rollover Shares has the meaning given in the recitals.
Commitment Shares shall have the meaning set forth in Section 12.04.
Eligible Shares has the meaning set forth in Section 4.1(a).
Series D Shares means shares of Series D Convertible Preferred Stock, par value $0.001 per share of the Company and having the rights, privileges, preferences and restrictions set forth in the Charter.
Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.
Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.
Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.