Leaver Shares definition

Leaver Shares shall have the meaning ascribed to it in Section 9.1.
Leaver Shares in relation to a Leaver, means all Shares held by:
Leaver Shares shall have the meaning given in Section 9.1.

Examples of Leaver Shares in a sentence

  • For the avoidance of doubt, the Settlement Amount shall not include any outstanding Loan Amount in respect of Shares held under the Plan that are not Leaver Shares.

  • Consider the following: “In the giant corporation of today, managers rule from the top of skyscrapers; on a clear day, they can almost see the world” (Hymer, 1970p.

  • On the G Completion Date the Company shall pay the G Leaver the transfer price for the G Leaver Shares by electronic funds transfer to such UK bank account as is notified in advance in writing.

  • Failure to produce a share certificate shall not impede the registration of G Leaver Shares under this article 73.18.

  • If a transfer of F Leaver Shares is executed on behalf of an F Leaver under this article 72.14 then the Company shall hold the purchase money on trust for that F Leaver and in the event of a transfer to a nominee of the Company, the receipt of the Company for the purchase money shall be a good discharge for the Company’s nominee who shall not be bound to see to the application of the purchase money.

  • If a transfer of G Leaver Shares is executed on behalf of a G Leaver under this article 73.18 then the Company shall hold the purchase money on trust for that G Leaver and in the event of a transfer to a nominee of the Company, the receipt of the Company for the purchase money shall be a good discharge for the Company’s nominee who shall not be bound to see to the application of the purchase money.

  • Failure to produce a share certificate shall not impede the registration of F Leaver Shares under this article 72.14.

  • Grant of Put OptionThe Company irrevocably grants to the Borrower (and each Nominated Party of a Borrower) an option which, if exercised, will require the Company or its nominee to acquire, or arrange for the acquisition of, all of the interests of the Borrower (andeach Nominated Party of a Borrower) in the Leaver Shares on the terms set out in this paragraph 15 ( Put Option).

  • Leaver Shares means any Shares under the Plan that are deemed to be Leaver Shares by operation of rule 7 or paragraph 12.8 the Loan Terms.

  • The Put Exercise Notice must specify the date (which shall be a date not less than 5 Business Days from the date of the notice) on which the Participant's interest in the Leaver Shares will be transferred ( Date of Purchase).

Related to Leaver Shares

  • Stockholder Shares means the shares of common stock of the Company issued to Stockholder in accordance with the terms and conditions of the Reorganization Agreement, including such shares of common stock of the Company transferred from Stockholder to The Cendant Charitable Foundation, and any securities of the Company issued as a dividend on or other distribution with respect to, or in exchange for or replacement of, such common stock.

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

  • Rollover Shares has the meaning given in the recitals.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

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

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

  • Retained Shares has the meaning set forth in the recitals.

  • Common Stockholder means the employee of, consultant to, or director of the Company or other person to whom shares of Common Stock are issued pursuant to this Plan.

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

  • Offer Shares means the Hong Kong Offer Shares and the International Offer Shares being offered at the Offer Price under the Global Offering together with any additional Shares to be issued pursuant to the exercise of the Over-Allotment Option;

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

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

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

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

  • Remaining Shares has the meaning set forth in Section 4.1.2.

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

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

  • Parent Stock means the common stock, par value $0.01 per share, of Parent.

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