Matching Shares definition

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

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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

In the event of termination of Participant's Service, Participant shall, for no consideration, forfeit to the Company all Restricted Matching Shares to the extent then subject to the Forfeiture Restrictions.
As a condition of this award of Restricted Matching Shares, Participant hereby certifies that he owns, as of the Date of Grant, a number of Qualifying Shares that is at least equal to the number of Restricted Matching Shares set forth in Article II.
The term "Restricted Qualifying Shares" shall refer to the number of Qualifying Shares owned by Participant on the Date of Grant that is equal to the number of Restricted Matching Shares set forth in Article II.
In addition, in the event Participant ceases to maintain continuous ownership of the Restricted Qualifying Shares, Participant shall, for no consideration, forfeit to the Company the number of Restricted Matching Shares to the extent then subject to the Forfeiture Restrictions that is in excess of the number of Qualifying Shares for which Participant has maintained continuous ownership.
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 Shares awarded to Participants in accordance with rule 8 (Matching Shares) and held by the Trustee under the terms of the Plan;

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

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

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

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 Shares over which rights are granted to a Participant in accordance with Rule 8;

Matching Shares means Shares awarded under Part Four of the Schedule;