Maximum Share Limit definition

Maximum Share Limit shall have the meaning set forth in Section 4.14(b).
Maximum Share Limit means 1,325,000 shares of Common Stock.
Maximum Share Limit means the number of Shares equal to (i) the Overall Share Limit as defined in the 2021 Plan minus (ii) the number of Shares issued under the 2021 Plan (excluding Shares recycled pursuant to Section 4.2 of the 2021 Plan).

Examples of Maximum Share Limit in a sentence

  • If, as determined by the Committee, there are not enough Shares available under the Plan's Maximum Share Limit for the Award to be settled in Shares, the Performance Shares may be settled through the payment of cash in which case each Performance Share represents Participant's conditional right to receive a cash payment on the Performance Share's Settlement Date if the applicable vesting requirements or other conditions set forth in this Award Agreement are satisfied.

  • Notwithstanding anything to the contrary in this Award Agreement, upon the issuance pursuant to Section 3(a) above of the number of Shares equal to the Maximum Share Limit, any remaining Earned RSUs shall be forfeited and canceled immediately without consideration, and no further Shares or cash shall be issuable or payable to the Participant hereunder.


More Definitions of Maximum Share Limit

Maximum Share Limit has the meaning set forth in Section 10 of the Plan.
Maximum Share Limit means 250,040 shares of Common Stock.
Maximum Share Limit means 331,680 shares of Common Stock.
Maximum Share Limit means 364,135 shares of Common Stock.
Maximum Share Limit means the number of Shares equal to (i) the Overall Share Limit as defined in the 2021 Plan minus