Matching Shares definition

Matching Shares means Shares awarded under Part C of the Plan and which are subject to the Plan;

Matching Shares means the notional Shares credited to a Participant’s Matching Shares Account pursuant to Section A 5.1(a) and/or restricted shares issued to a Participant pursuant to Section A 5.1(b), as the context requires.

Matching Shares means Shares which are comprised in an Award.

Examples of Matching Shares in a sentence

• The Directors will notify each Participating Company of the amount it is required to contribute in relation to Matching Shares.

• When the Matching Shares and Performance Shares are acquired, the employee receives remuneration for dividends paid during the vesting period and up to the date of acquisition.

• There is a minimum service condition for the Free and Matching Shares that requires the participants to provide continuing service for at least 36 months from the date of grant.

• The Trustees will award Matching Shares to each Participant on the basis set out in the application form.

• Participant agrees to periodically submit a signed certification of his current ownership of Restricted Qualifying Shares and Restricted Matching Shares, as the Committee may request from time to time.

More Definitions of Matching Shares

Matching Shares means additional Shares specified in a Participant’s notification under Rule 2.6 and awarded under Rule 4.4;

Matching Shares. Shares awarded under Part B of the Plan and which are subject to the Plan

Matching Shares means the Shares that are comprised in an Award in accordance with Rule 6.3.

Matching Shares means Shares issued by the Company as contemplated by Section 4.2 of this Plan.

Matching Shares means Shares awarded without payment as described in rule 6 (Matching Shares), in proportion to any Partnership Shares allocated to Participants.

Matching Shares means the number of shares in NV and PLC subject to an Award;

Matching Shares means the additional Restricted Shares granted by the Company, for no cost, in a ratio of one (1) Restricted Shares for each one (1) Investment Share acquired by the Participant, as set forth herein;