Escrowed Stock definition

Escrowed Stock shall have the meaning set forth in Section 1.2(c).

Escrowed Stock has the meaning set forth in Section 2.3(b).

Escrowed Stock means stock owned by an insurance company with respect to which an escrow receipt has been issued.

Examples of Escrowed Stock in a sentence

• The company previously established an Escrowed Stock Plan whereby a private company is capitalized with preferred shares issued to Brookfield for cash proceeds and common shares (the “escrowed shares”) that are granted to executives.

• Brookfield Asset Management has a Restricted Stock Plan and an Escrowed Stock Plan.

• The compensation expense was calculated using the Black-Scholes method of valuation, assuming an average 7.5-year term, 18.9% volatility, a weighted average expected dividend yield of 2.1% annually, a risk free rate of 2.3% and a liquidity discount of 25%.The company previously established an Escrowed Stock Plan whereby a private company is capitalized with preferred shares issued to Brookfield for cash proceeds and common shares (the “escrowed shares”) that are granted to executives.

• The compensation expense was calculated using the Black-Scholes method of valuation, assuming an average 7.5 year term, 28.0% volatility, a weighted average expected dividend yield of 1.6% annually, a risk free rate of 1.6% and a liquidity discount of 25%.The company previously established an Escrowed Stock Plan whereby a private company is capitalized with preferred shares issued to Brookfield for cash proceeds and common shares (the “escrowed shares”) that are granted to executives.

• The Escrowed Stock may be transferred by will, or pursuant to the laws of descent and distribution, or through appropriate legal proceedings, but in all cases the Shares shall remain in escrow and subject to the terms of this Agreement until released pursuant to paragraph 2 or paragraph 3 above.

More Definitions of Escrowed Stock

Escrowed Stock means that number of shares of Parent Common Stock equal to the quotient of $6,900,000, divided by the Parent Stock Per Share Price as of the Closing Date, rounded to the nearest whole share and issued pro rata and in the names of the Principals.

Escrowed Stock means a number of Parent Shares equal to the quotient of (a) the product of the Escrow Amount multiplied by the Share Consideration Percentage, divided by (b) the Parent Stock Price, rounded down to the nearest whole share, together with any non-Taxable stock dividends declared and paid in respect of such shares.

Escrowed Stock is defined in Section 4.5(a).

Escrowed Stock has the meaning set forth in Section 2.3 below. Bio-Matrix-Tasco Agrmt. Ver8:06-09-06

Escrowed Stock means the 2,300,000 shares of Common Stock of the Company, $.000l par value, represented by certificates registered in the name of the Holders, to be delivered on the Closing Date, as the term is defined in the Subscription Agreement, to the Escrow Agent in the names and denominations as set forth in Schedule A attached hereto, and to be held in escrow by the Escrow Agent.

Escrowed Stock means the 177,777,781 shares of Common Stock of the Company, $.001 par value, represented by certificates in denominations of 8,888,889, 8,666,667 and 7,222,222 shares of Common Stock registered in the names of the Holders, and allocated among the Holders as set forth on Schedule A hereto, to be delivered to the Escrow Agent on or before the Initial Closing Date, as the term is defined in the Subscription Agreement, and to be held in escrow by the Escrow Agent.

Escrowed Stock means stock with respect to which an escrow receipt has been issued.