ESOP Share definition

ESOP Share means a percentage representing the portion of the ESOP Allocation awarded to an individual Participant. A schedule showing the ESOP Share is attached as Schedule A.
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ESOP Share means any Ordinary Share granted pursuant to the ESOP;
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ESOP Share means any Ordinary Share granted pursuant to stock options under the ESOP;
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Examples of ESOP Share in a sentence

  • For each ESOP Loan entered into by the Trustee there shall be a separate ESOP Share Cost which shall be uniform for each Share acquired with the proceeds of such loan.

  • If such a Transfer does not occur within such three-month period for any reason, the restrictions provided for herein shall again become effective, and no Transfer of Ordinary Shares or ESOP Share Options may be made by the Selling Shareholder thereafter without again making an offer to the ROFR Offerees in accordance with this Article 39.

  • If such a Transfer does not occur within such three-month period for any reason, the restrictions provided for herein shall again become effective, and no Transfer of Ordinary Shares or ESOP Share Options may be made by the Selling Shareholder thereafter without again making an offer to the ROFR Offerees in accordance with this Section 3.4.

  • ESOP Share allocations were based on KeyCorp's market price of common shares as of the time of their allocation to Plan Participants.

  • If such average Closing Price is greater than the Hurdle ESOP Share Price for the Plan Year, the difference shall be computed and multiplied by the number of Shares actually released from the ESOP Loan Suspense Account for this Plan and each Related Plan during the Plan Year.

  • Second, the ESOP Share Cost of such released Shares shall be increased by (i) five percent (5%) for the first Plan Year, and (ii) ten percent (10%) compounded annually for each full Plan Year which has elapsed since the ESOP Loan proceeds were received by the Trustee, or for any Plan Year, such other percentage as may be determined by the Committee from time to time.

  • Upon the delivery of the Option Notice, the Corporation shall notify the holders of each of the ESOP Options and the ESOP Shares of the Option Notice and their requirement to sell to the Corporation, as of the Closing Date, the ESOP Options and the ESOP Shares for, respectively, the ESOP Option Price and the ESOP Share Price.

  • The ESOP Share Cost so increased shall be referred to as the Hurdle ESOP Share Price for such Plan Year.

  • If you do not specify how you want your Shares voted, the persons named as proxyholders will cast the votes represented by proxy at the Meeting FOR the approval of the ESOP Share Reserve Increase Resolution.The Board of Directors recommends that Shareholders vote FOR the ESOP Share Reserve Increase Resolution.

  • The Shares are issuable under LBMS Executive Option Scheme, the LBMS ESOP Share Option Scheme, and the LBMS Equity Incentive Scheme (together, the "Plans").


More Definitions of ESOP Share

ESOP Share means any Ordinary Share awarded, or issuable upon exercise of the options awarded pursuant to the ESOP;
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ESOP Share means any Ordinary Share issued or issuable pursuant to the ESOP;
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ESOP Share any Ordinary Share granted pursuant to stock options under ESOP; “Group Companies” the Company and its Subsidiaries from time to time and the expression “Group” shall be construed accordingly; a list of the Group Companies in this Shareholders’ Agreement as at the date hereof is set out in Schedule 2;
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Related to ESOP Share

  • Company Share means one share of common stock of the Company, $0.01 par value per share.

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Class A Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class A Ordinary Shares and having the rights provided for in these Articles;

  • Fractional Share means a fractional share in the ICAV issued in accordance with Section 12.5.

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Contribution Share means, for any Guarantor in respect of any Excess Payment made by any other Guarantor, the ratio (expressed as a percentage) as of the date of such Excess Payment of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of the Borrower and all of the Guarantors other than the maker of such Excess Payment exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Borrower and the Guarantors hereunder) of the Borrower and all of the Guarantors other than the maker of such Excess Payment; provided, however, that, for purposes of calculating the Contribution Shares of the Guarantors in respect of any Excess Payment, any Guarantor that became a Guarantor subsequent to the date of any such Excess Payment shall be deemed to have been a Guarantor on the date of such Excess Payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such Excess Payment. This Section 4.6 shall not be deemed to affect any right of subrogation, indemnity, reimbursement or contribution that any Guarantor may have under applicable law against the Borrower in respect of any payment of Guaranteed Obligations. Notwithstanding the foregoing, all rights of contribution against any Guarantor shall terminate from and after such time, if ever, that such Guarantor shall be relieved of its obligations pursuant to Section 8.4.

  • Common Share means one share of the common stock of the Company.

  • Class B Share means a Class B ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • Free Share means, in respect of a Fund, each C share of the Fund, other than a Commission Share (including, without limitation, any C share issued in connection with the reinvestment of dividends or capital gains).

  • Participating Share or “Share” means the Participating Shares of no par value in the

  • REIT Share means a share of common stock, par value $.01 per share, of the General Partner.

  • Ordinary Share means a Class A Ordinary Share or a Class B Ordinary Share;

  • equity share means any share of any class of shares of a company carrying voting rights under all circumstances and any share of any class of shares carrying voting rights by reason of the occurrence of any contingency that has occurred and is continuing; (“action participante”)

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).

  • Allocable Share means allocable share as that term is defined in the master settlement agreement.

  • Per Share Value means the average value of the consideration to be received in respect of each outstanding Common Share pursuant to the Qualifying Transaction as determined by mutual agreement of the Independent Directors (as defined in Section 2(b)(ii) below) and the holders of not less than 50% in interest of all outstanding warrants to purchase Common Shares containing this provision, or, if they shall fail to agree, by an Investment Bank.

  • Share means a share of the Common Stock, as adjusted in accordance with Section 13 of the Plan.

  • Average Parent Stock Price means the average of the volume weighted averages of the trading prices of Parent Common Stock, as such price is reported on the NYSE Composite Transaction Tape (as reported by Bloomberg Financial Markets or such other source as the parties shall agree in writing), for the 15 trading days ending on the third trading day immediately preceding the Effective Time.

  • NAV per Share means the value of a Share determined under Section 4.1.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Class A Share means a Class A ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • Per Share Cash Consideration has the meaning set forth in Section 3.01(a)(ii).