Examples of Equivalent Common Shares in a sentence
Upon any other termination of employment of the Employee, the Employee’s rights in the Deferred Common Share Award and the related Dividend Equivalent Common Shares shall immediately and automatically terminate, and no Common Shares or Dividend Equivalent Common Shares in respect of such Deferred Common Share Award not previously issued shall thereafter be issued.
In the event of a Change of Control of the Company (as defined in the Plan), all of Employee’s rights in the Deferred Common Share Award and the related Dividend Equivalent Common Shares shall become immediately and fully vested and Common Shares underlying the Deferred Common Share Award and the related Dividend Equivalent Common Shares will be delivered in connection with and immediately prior to such Change in Control of the Company.
CRISTOPIA Energy Systems provides a dedicated Web server for Cristo’Control2 applications and long-term storage of operating parameters for each site connected.
For purposes of this Section 11(a)(iii), the value of each Adjustment Share shall be the Current Per Share Market Price of the Common Shares on the Section 11(a)(ii) Trigger Date, and any Equivalent Common Shares shall be deemed to have the same value as the Common Shares on such date.
Employee is hereby awarded the right to receive, without payment, the following number of Common Shares (plus the applicable number of Dividend Equivalent Common Shares) on the following dates: 2,166.67 Common Shares to be delivered on January 24, 2009.
Common Shares and Equivalent Common Shares owned by or held for the account of the Company shall not be deemed outstanding for the purpose of any such computation.
Notwithstanding the foregoing, in no event shall the Company be required to issue any securities (including Common Shares or Equivalent Common Shares), other assets or cash upon exercise of a Right, if, in the judgment of the Board, doing so would violate the terms of any material agreement or instrument of the Company or any of its Subsidiaries.
Subject to the terms and conditions of the Agreement, the Corporation may exchange any or all of the Rights represented by this Right Certificate for shares of the Corporation’s Common Stock, par value $0.001 per share (“Common Shares”), (or Equivalent Common Shares, including Preferred Shares) at an exchange ratio of one Common Share (or an appropriate number of Equivalent Common Shares) per Right (subject to adjustment as provided in the Rights Agreement).
Subject to the terms and conditions of the Rights Agreement, the Corporation may exchange any or all of the Rights represented by this Rights Certificate for Common Shares (or Equivalent Common Shares) at an exchange ratio of one-third of a Common Share (or an appropriate number of Equivalent Common Shares) per Right (subject to adjustment as provided in the Rights Agreement).
Employee is hereby awarded the right to receive, without payment, the following number of Common Shares (plus the applicable number of Dividend Equivalent Common Shares) on the following dates: Common Shares to be delivered on January 24, 2009.