Incentive Shares definition

Incentive Shares means Shares awarded pursuant to the provisions of Article 12.

Incentive Shares means an award of shares granted pursuant to Section XIII.

Incentive Shares means all Shares and Options held by a Manager that are subject to vesting or other service or performance based conditions to ownership, treating such Options as a number of Incentive Shares equal to the maximum number of Shares for which such Options may at the time be exercised.

Examples of Incentive Shares in a sentence

• The Company's obligation to provide the Holder with the Incentive Shares, as set forth herein, shall survive the operation of the Agreement and any default on this obligation shall provide the Holder with all rights, remedies and default provisions set forth in this Note, or otherwise available by law.

• The Company's failure to issue the Incentive Shares constitutes an Event of Default and the Holder may elect to enforce the remedies outlined in Article 4.

• Incentive Shares awarded under this Plan shall be evidenced by an Agreement specifying the terms and conditions of such Award.

• Incentive Shares may be acquired without regard to the sequence in which the Milestones have been achieved.

• A Notice of Intention to acquire Incentive Shares shall be submitted by the Executive to the Company's Board of Directors, identifying the Milestone achieved and the number of shares covered by the relevant tranche.

More Definitions of Incentive Shares

Incentive Shares means an award providing for the contingent grant of Shares pursuant to the provisions of Section 10.

Incentive Shares means the shares of the Company’s Common Stock to be issued by the Company to Buyer in accordance with Section 7.5 below.

Incentive Shares shall have the meaning specified in the LLC Agreement.

Incentive Shares means an award providing for the contingent grant of Shares pursuant to the provisions of Section 10 hereof.

Incentive Shares means any shares of Common Stock constituting or issuable pursuant to any award under the Corporation’s 2009 Equity Incentive Plan.

Incentive Shares shall have the meaning ascribed to such term in Section 2.1.

Incentive Shares means any Shares issued pursuant to the exercise of the Option in accordance with the terms of this Agreement.