Employee Shares definition

Employee Shares in relation to an Employee means all [Ordinary] Shares held by:

Employee Shares means (i) all Purchased Shares, and (ii) all shares --------------- issued with respect to the Purchased Shares referred to in clause (i) above by way of a stock dividend or stock split or in connection with any combination, exchange, conversion, merger, consolidation, recapitalization, or other reorganization affecting the Class A Common Stock or Class L Common Stock.

Employee Shares means the Shares purchased by employees of the Corporation or its subsidiaries under the ESPP;

Examples of Employee Shares in a sentence

• Pursuant to the provisions of this agreement, the Employee Shares (or a proportion thereof) will, in certain circumstances and at certain times, be converted into Deferred Shares.

• The Employee shall not, otherwise than pursuant to the operation of Articles 11, 12, 13, 14 and 15 of the Articles, without the prior written consent of the Investor Director (such consent to be made subject to such conditions as the Investor Director may require) transfer the Employee Shares or enter into any arrangement which may place any Encumbrance on the Employee Shares.

• The Employee has agreed to hold the Employee Shares subject to the terms of the Articles and this agreement.

• Except as otherwise provided herein, this Agreement and the Plan shall bind and inure to the benefit of and be enforceable by Employee, the Company, the Investors and their respective heirs, successors and assigns (including subsequent holders of Employee Shares); provided that the rights and obligations of Employee under this Agreement and the Plan shall not be assignable except in connection with a permitted transfer of Employee Shares in accordance with the Plan.

• Employee Shares held pursuant to this agreement shall not constitute any representation or warranty that any benefit will accrue to any individual who holds those Employee Shares.

More Definitions of Employee Shares

Employee Shares means any Shares purchased by the Administrative Agent and held by the Administrative Agent or Trustee, as applicable, on behalf of the Participating Employee in accordance with the terms of the Plan, and includes any shares or securities of the Corporation into which such shares are changed, classified, reclassified, subdivided, consolidated or converted;

Employee Shares means the Restricted Shares and Unrestricted Shares held by Employee under this Agreement.

Employee Shares means, collectively, the Option Shares, the Purchased Shares and any other shares of Common Stock acquired in connection with grant, vesting or settlement of any Award.

Employee Shares means, collectively, the Option Shares and the Purchased Shares.

Employee Shares means (i) all shares of Common Stock (other than shares of Restricted Common Stock or Common Stock issued pursuant to the exercise of any Option) originally issued to, or issued with respect to shares originally issued to, or held by, an Employee, whenever issued and (ii) for all purposes of this Agreement, all Options (treating such Options as a number of Shares equal to the number of Equivalent Shares represented by such Options), all shares of Common Stock issued pursuant to the exercise of any Option and all shares of Restricted Common Stock originally granted or issued to, or issued with respect to shares or options originally issued to, or held by, an Employee, whenever issued.

Employee Shares in relation to an Employee means, save as set out below, all Ordinary Shares in the Company issued after 22 November 2011 and held by:

Employee Shares means Additional Shares issued upon exercise of an Employee Option.