Incentive Security definition

Incentive Security means an option or other security of the Company convertible or exercisable into or exchangeable for Common Shares granted pursuant to any Share Incentive Plan.

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Incentive Security means the Net Project Incentive Payments withheld by the IESO as incentive security upon the election by the Participant in a Participant Security Election to provide incentive security and released to the Participant in accordance with Section 6.2 hereof;

Incentive Security means an option or other security of Genworth Canada convertible or exercisable into or exchangeable for Common Share(s) granted pursuant to any Share Incentive Plan;

Examples of Incentive Security in a sentence

A Performance Vesting Incentive Security shall become a Vested Security if, and only if, it has both time vested and performance vested in accordance with this paragraph.
The Call Option Exercise Notice will set forth the amount of such Incentive Securities to be acquired, the aggregate consideration to be paid for such Incentive Securities the Board’s determination of Fair Market Value in accordance with Section 10(a) (if any Incentive Security are to be purchased for a price equal to Fair Market Value) and the time and place for the anticipated closing of the transaction.
Section 3.1(6)(b) of the Company Disclosure Letter contains a complete and accurate list of all Incentive Securities issued and outstanding as of the date hereof, including, with respect to each such Incentive Security, a unique identifier for the holder, the date of grant, the Incentive Plan pursuant to which such award was granted, the number of Shares covered by such Incentive Securities and, in the case of Options, the per-share exercise price of the Option.
A Participant may elect in a Participant Security Election to provide Incentive Security, in which case Section 6.1 shall not be applicable and the Net Project Incentive shall, subject to Sections 7.3 and 7.4 hereof, be paid as set out herein.
A Performance Vesting Incentive Security shall not be performance vested unless and until (i) a Change in Control or a Public Offering occurs and (ii) the applicable Performance Threshold is achieved on a Change in Control or a Public Offering.

More Definitions of Incentive Security

Incentive Security. [insert Net Project Incentive ] Performance Security: [Insert maximum amount] [If Performance Security less than $1M]

Incentive Security means a Unit awarded by the Committee hereunder, constituting a “Unit” under the Operating Agreement, which is subject to forfeiture until it becomes vested, as described in this Plan and the Participant’s Equity Grant Agreement, the Securityholders’ Agreement and the Operating Agreement, and which is an “Incentive Security” as separately defined in the Securityholders’ Agreement.

Incentive Security means any one of them;

Incentive Security means an option or other security of the Company convertible or exercisable into or exchangeable for Common Shares granted pursuant to any Share Incentive Plan. “Independent”, in reference to an individual board nominee, means that such individual is “independent” within the meaning of sections 1.4 and 1.5 of NI 52-110 and for purposes of the rules of the TSX and the rules of the NYSE.

Incentive Security means, in the context of the Large Project Incentive Schedule, the Net Project Incentive payments withheld by the IESO as Incentive security upon the election by the Participant to receive payments under Section 4.3 of the Large Project Incentive Schedule;