Examples of Holdings Equity Plan in a sentence
Holdings agrees to prepare and file Form S-8 (or another appropriate form) registration statement with respect to, and to cause to be registered pursuant to the Securities Act, Holdings Shares authorized for issuance under the Holdings Equity Plan and Holdings ESPP, as required pursuant to the Securities Act, before the date of issuance of any Holdings Shares pursuant to the Holdings Equity Plan or commencement of any offering period under the Holdings ESPP.
From and after the Effective Time, all JDSU Equity Awards adjusted or converted pursuant to this Article VIII shall be subject to the terms and conditions set forth in the applicable Viavi Equity Plan or Holdings Equity Plan and corresponding award agreements.
Following the Effective Time, a grantee who has outstanding equity-based awards under one (1) or more of the Viavi Equity Plans and/or converted equity-based awards under the Holdings Equity Plan shall be considered to have been employed by the applicable plan sponsor before and after the Effective Time for purposes of (i) vesting and (ii) determining the date of termination of employment as it applies to any such award.
To the extent necessary for any such Holdings Equity Awards to qualify for transitional relief under Treasury Regulation Section 1.162-27(f)(4)(iii), the JDSU Compensation Committee shall take the necessary action to approve the Holdings Equity Plan and the Holdings Equity Awards.
Prior to the Effective Time, Holdings shall adopt the Holdings Equity Plan under which the Holdings Equity Awards shall be assumed or substituted in conversion of the corresponding JDSU Equity Awards held by Lumentum Group Employees.
At the Effective Time or at an employee’s later Transfer Date, if applicable, each outstanding JDSU RSU Award held by a Lumentum Group Employee shall be converted into restricted stock unit award with respect to Holdings Shares under the Holdings Equity Plan, adjusted as follows (a “Holdings RSU Award”).
Standing Counsels in respect of court Cases.18.Payment of TA/DA to NCVT and other non-official members.19.Audit paras and Court cases pertaining to UJDTs.20.Court Cases pertaining to affiliations of ITIs/ITCs.21.O&M matters and returns and other general references from IWSU.22.Hindi Reports and other matters relating to progressive use of Hindi.23.VIP references regarding affiliation of ITIs/ITCs and Parliament Questions.
At the Effective Time, each outstanding JDSU RSU Award held by a Lumentum Group Employee shall be converted into restricted stock unit award with respect to Holdings Shares under the Holdings Equity Plan, adjusted as follows (a “Holdings RSU Award”).
Each of the Company and Holdings will use its reasonable best efforts to ensure that following the Company Merger Effective Time and Holdings Merger Effective Time, as applicable, no participant in any Company Equity Plan, Holdings Equity Plan or other Employee Plan will have any right thereunder to acquire any equity securities of the Company, Holdings, the Surviving Corporation, the Surviving LLC or any of their respective Subsidiaries.
The Holdings Equity Plan provides for 60% vesting upon achievement of $500 million of Adjusted EBITDA and 100% vesting upon achievement of $558 million of Adjusted EBITDA, with straight-line vesting between these measuring points, subject to the Management Investor’s continued employment by Holdings, the Company or any of their respective subsidiaries.