Management Equity definition

Management Equity profits interests, restricted Capital Stock or options to acquire Capital Stock of the Borrower issued to directors, management or employees of the Borrower and its Subsidiaries, which profits interests, Capital Stock or options may be convertible into, or exchangeable or exercisable for, Capital Stock of or options to acquire Capital Stock of the Borrower.

Management Equity has the meaning ascribed to such term in the Transaction Agreement.

Management Equity shall have the meaning set forth in Section 2(d).

Examples of Management Equity in a sentence

• On the Effective Date, the Debtors shall adopt the Management Equity Incentive Plan.

• Executive represents and certifies that Executive has carefully reviewed the Company's 2003 Management Equity Incentive Plan (the "Equity Incentive Plan"), a copy of which is attached as Exhibit C hereto and is entering into this Agreement in reliance upon the terms thereof.

• Nothing in this Section 9.4 shall in any way limit or otherwise modify any confidentiality covenants entered into by the Management Members pursuant to the Management Equity Agreements or any other agreement entered into with the Company or its Subsidiaries.

• Nothing in this Agreement shall confer upon any Executive any right to be selected again as a Management Equity Plan participant.

• The issuance of New Common Stock, New Warrants and New Senior Secured Notes pursuant to the Plan (including the New Common Stock issued under the Management Equity Plan) shall be exempt from any securities laws registration requirements to the fullest extent permitted by section 1145 of the Bankruptcy Code.

More Definitions of Management Equity

Management Equity has the meaning set out in paragraph 9 of schedule 1;

Management Equity means, with respect to any Person, common equity of such Person (or warrants to acquire such common equity) issued to management of such Person.

Management Equity means that certain New Holdings Common Stock and related Equity Interests provided to certain management of the Debtors and/or Reorganized Debtors pursuant to the terms of the Lock-Up Agreement.

Management Equity means (i) the Class A Units and the Class B Units issued pursuant to all Management Agreements, (ii) upon and after the dissolution or liquidation of the LLC, the Preferred Stock and the Common Stock distributed in respect of the Class A Units and the Class B Units referred to in clause (i) above pursuant to such dissolution or liquidation, and (iii) any securities issued directly or indirectly with respect to the foregoing securities by way of a stock split, stock dividend, or other division of securities, or in connection with a combination of securities, recapitalization, merger, consolidation, or other reorganization (but not including any Class C Units issued in exchange for such Class A or Class B Units). As to any particular securities constituting Management Equity, such securities shall cease to be Management Equity when they have been (a) effectively registered under the Securities Act and disposed of in accordance with the registration statement covering them, (b) distributed to the public through a broker, dealer or market maker pursuant to Rule 144 under the Securities Act (or any similar provision then in force) or (c) repurchased by the LLC (including in exchange for Class C Units), the Company or any Subsidiary.

Management Equity means all of the Units held by Xxxxx Xxxxx and Xxxxxxx Xxxxx as of the date of this Agreement or by any Person to whom the Management Equity is transferred in accordance with Section 9.7 or designated by the Board thereafter, in each case, other than Element or Celadon or their respective Affiliates or Permitted Transferees.

Management Equity means, in accordance with the terms of the Lock-Up Agreements, the shares of New UA Common Stock reserved for Management Stock Options.

Management Equity means, collectively, the 300,000 restricted shares of Issued New Common Stock representing 10% of the Issued New Common Stock to be issued as of the Effective Date or reserved for issuance to certain members of management of Reorganized WebLink Wireless, in each case, pursuant to the Restricted Stock Plan.