JSOP Shares definition

JSOP Shares. [ ] Shares including: (a) any other shares or securities that may be acquired in addition to or in place of such Shares being derived from this original holding as a result of any variation of share capital of the Company or Internal Reorganisation of the Company (including but not limited to the proposed redesignation of the JSOP Shares into “A Ordinary Shares” and the proposed 1 for 3 share consolidation, together with any other reconstruction, amalgamation or merger or the sub-division, consolidation or division of shares), but not as a result of a rights issue (in which case clause 5.2 shall apply); and (b) bonus shares and dividend reinvestments relating to the Shares which are the subject matter of this Deed and any other property representing the same, and any reference in this Deed to “the original number of JSOP Shares” shall take into account the effect of (a) and (b) above to determine that original number and likewise any reference to an amount or value being “as Adjusted” shall take into account the effect of (a) and (b) above;
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JSOP Shares. [ ] Shares including: (a) any other shares or securities that may be acquired in addition to or in place of such Shares being derived from this original holding as a result of any variation of share capital of the Company or Internal Reorganisation of the Company (including but not limited to any reconstruction, amalgamation or merger or the sub-division, consolidation or division of Shares), but not as a result of a rights issue (in which case clause 5.2 shall apply); and (b) bonus shares and dividend reinvestments relating to the Shares which are the subject matter of this Deed and any other property representing the same,
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JSOP Shares has the meaning given in Clause 1.1 of Schedule 3;
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Examples of JSOP Shares in a sentence

  • Where the Relevant Percentage of such JSOP Shares is less than 100%, this Deed shall continue in respect of any remaining JSOP Shares including clauses 6 and 7 as regards any subsequent Trigger Date.

  • I hereby give you notice pursuant to clause 6.2(c) of the Joint Share Ownership Deed between us dated [ ] (“the Deed”) in respect of [insert relevant number of JSOP Shares] JSOP Shares (as such term is defined in the Deed).

  • No alteration may be made under this clause 18 which would materially increase the liability of the Participant or the Company or the Trustee which would materially increase or decrease the value of the Participant’s subsisting rights under this Deed (including, but not limited to, the basis for adjusting the Participant’s interest in JSOP Shares following any variation, reorganisation or sale referred to in the definition of that term) without the approval of the person concerned.

  • Where the Trigger Date arises from an event specified in clause 6.2(c), the Relevant Percentage shall be the number of JSOP Shares set out in the written notice as a percentage of the total, or total remaining, JSOP Shares.

  • The purpose of this clause 3 is to describe and calculate the respective interests of the Participant and the Trustee in the JSOP Shares.

  • The JSOP Shares or any interest in the JSOP Shares can otherwise only be transferred or disposed of or otherwise dealt with pursuant to clauses 6 and 7 of this Deed.

  • In each case the number of JSOP Shares representing the Relevant Percentage shall be rounded down to the nearest whole number.

  • The formula calculates the beneficial interest in each JSOP Share owned by the Participant and the Trustee from time to time, the effect being that, subject to the Share Price Condition and the Performance Condition, the Participant’s interest in the JSOP Shares increases as the JSOP Shares increase in value from the Listing Price (or, before the Relisting, £2.64) (as Adjusted) per JSOP Share.

  • I note that I am not entitled to serve this notice: • before 30 Business Days after the Vesting Date; • where on the date of this notice the Share Price Condition is not satisfied; • in respect of any Unvested JSOP Shares; or • in respect of less than one third of the original number of JSOP Shares, or if less the remainder of them which remain jointly held pursuant to the Deed that have Vested, and if I fail to comply with these conditions then this notice is not valid.

  • Signed Full name and contact details: Whether the JSOP Shares are “Vested” or “Unvested” will depend on whether and to what extent the Performance Condition shall have been satisfied 30 Business Days after the Vesting Date (or on the Vesting Date where clause 6.4 applies).

Related to JSOP Shares

  • Coop Shares Shares issued by a Cooperative Corporation.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Amalco Shares means common shares in the capital of Amalco;

  • Company Shares means the common shares in the capital of the Company;

  • Acquired Shares has the meaning set forth in the Recitals.

  • Unit Shares means the Common Shares comprising part of the Units;

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Sold Shares shall have the meaning specified in Section 6.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Common Shares means the common shares in the capital of the Company;

  • Newco Shares means common shares in the capital of Newco;

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • ASA Shares has the meaning set forth in 2.4(a).

  • Purchased Shares has the meaning set forth in Section 2.01.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Issued Shares means, collectively, all outstanding Shares issued pursuant to Restricted Stock Awards, all outstanding Shares issued pursuant to Unrestricted Stock Awards, and all Option Shares.

  • Sponsor Shares shall have the meaning given in the Recitals hereto.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.