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. [insert Net Project Incentive ] Performance Security: [Insert maximum amount] [If Performance Security less than $1M]
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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;
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Examples of Incentive Security in a sentence

  • Exercise Price: The exercise price for each Incentive Security will be set out in the Invitation.

  • Exercise of Incentive Securities: An eligible participant can exercise the Incentive Securities at any time before the date on which they lapse, provided this date is outside of a Closed Period specified under the Company's securities trading policy (unless the Board otherwise approves) by issuing a notice to the Board setting out the number of Incentive Securities to be exercised, paying the exercise price nominated in the Invitation for each Incentive Security that is being exercised.

  • If there is a reorganisation of the share capital of the Company, including consolidation, subdivision, reduction or return of issued capital, the number of or exercise price of an Incentive Security will be adjusted in the way specified by the Listing Rules from time to time.

  • 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 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.

  • 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.

  • The assessment of teaching quality study reported that, “The SUFER project has had a significant positive impact on teaching practice in all four of the five participating universities visited”2The December 2003 OPR reported that the project had continued to make very good progress in certain areas particularly teaching quality and development of university teacher skills and knowledge in poverty and gender sensitive aquatic research.

  • 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.

  • The Final Exercise Date by which a vested Incentive Security must be exercised is the date which is 15 years from the date of grant date.

  • The exercise price in respect of an Incentive Security may be reduced in accordance with the terms of the Plan if a pro rata issue of Shares is made to Shareholders before the Incentive Security is exercised.


More Definitions of Incentive Security

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

  • Derivative Security means any right, option, warrant or other security convertible into or exercisable for Common Stock.

  • Executive Securities means the Class A Common acquired by the Executive and will include units of the Company's Common Interests issued with respect to Executive Securities by way of a split, dividend, combination, exchange, conversion, or other recapitalization, merger, consolidation or reorganization. Executive Securities will cease to be Executive Securities when transferred pursuant to a Qualified Public Offering or Sale of the Company. Executive Securities will continue to be Executive Securities in the hands of any holder other than the Executive, including all transferees of the Executive (except for the Company and the Investor (or its designee)), and except as otherwise provided herein, each such other holder of Executive Securities will succeed to all rights and obligations attributable to the Executive as a holder of Executive Securities hereunder.

  • Definitive Security means a certificated Initial Security or Exchange Security (bearing the Restricted Securities Legend if the transfer of such Security is restricted by applicable law) that does not include the Global Securities Legend.

  • Restricted Definitive Security means a Definitive Security bearing the Private Placement Legend.

  • Unrestricted Definitive Security means Definitive Securities and any other Securities that are not required to bear, or are not subject to, the Restricted Securities Legend.

  • Derivative Securities means any securities or rights convertible into, or exercisable or exchangeable for (in each case, directly or indirectly), Common Stock, including options and warrants.

  • Definitive Securities means Bearer Securities in definitive form and includes any replacement ETP Security issued pursuant to these Conditions.

  • Performance Security means monetary guarantee to be furnished by the successful Tenderer for due performance of the contract placed on it. Performance Security is also known as Security Deposit or Performance Bank Guarantee.

  • Executive session means any meeting or part of a meeting of a governing body which is closed to certain persons for deliberation on certain matters.

  • Additional Performance Security shall have the meaning set forth in Clause 7.1;

  • Restricted Definitive Note means a Definitive Note bearing the Private Placement Legend.

  • Restricted Global Security As defined in Section 3.01(c).

  • Transfer Restricted Definitive Notes means Definitive Notes that bear or are required to bear or are subject to the Restricted Notes Legend.

  • Regulation S Global Security The meaning specified in Section 3.01(c).

  • Executive Secretary means the executive secretary of the board.

  • Definitive Note means a certificated Note registered in the name of the Holder thereof and issued in accordance with Section 2.06 hereof, substantially in the form of Exhibit A hereto except that such Note shall not bear the Global Note Legend and shall not have the “Schedule of Exchanges of Interests in the Global Note” attached thereto.

  • Interest Free Security Deposit/ Performance Security means interest free amount to be deposited by the Licensee with DMRC as per terms and conditions of License Agreement as a security against the performance of the License Agreement.

  • Restricted means the outcome of an adverse action that limits a license or the privilege to practice.

  • Restricted Stock Legend means, with respect to any Conversion Share, a legend substantially to the effect that the offer and sale of such Conversion Share have not been registered under the Securities Act and that such Conversion Share cannot be sold or otherwise transferred except pursuant to a transaction that is registered under the Securities Act or that is exempt from, or not subject to, the registration requirements of the Securities Act.

  • Temporary Offshore Global Note means an Offshore Global Note that bears the Temporary Offshore Global Note Legend.

  • Global Note shall have the meaning specified in Section 2.05(b).

  • Executive Severance Plan means the Company’s Senior Executive Employee Severance Pay Plan, as in effect from time to time.

  • Regulation S Temporary Global Security with respect to any series of Securities, means one or more temporary Global Securities, bearing the Private Placement Legend and the Regulation S Temporary Global Security Legend, issued in an aggregate amount of denominations equal in total to the outstanding principal amount of the Securities of such series initially sold, if required by Rule 903 of Regulation S.

  • Offshore Global Note means a Global Note representing Notes issued and sold pursuant to Regulation S.

  • 144A Global Security means a permanent Global Security in the form of the Security attached hereto as Exhibit A-1, and that is deposited with and registered in the name of the Depositary, representing Securities sold in reliance on Rule 144A under the Securities Act.

  • Unrestricted Definitive Note means one or more Definitive Notes that do not bear and are not required to bear the Private Placement Legend.