Minimum Shareholding Threshold definition

Minimum Shareholding Threshold means for each Participant, a number of Shares and/or DSU’s held by that Participant having a value equal to five times the aggregate of (i) the Annual Retainer paid to that Participant, and (ii) the dollar value of the DSU’s issued to that Participant, for any year; where the value of the Shares shall be equal to the Fair Market Value of a Share on the date of determination multiplied by the number of Shares held by the Participant and the value of DSU’s shall be equal to the Fair Market Value of a Share on the date of determination multiplied by the number of DSU’s in the DSU Bank of that Participant.
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Minimum Shareholding Threshold means the number of Shares required to be held by a Participant who is a director of the Company or product group chief executive in the Rio Tinto Group, as determined in accordance with Rule 7.3;
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Minimum Shareholding Threshold means 5% (Five percent) of the share capital of the Company, computed on a Fully Diluted Basis.
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Examples of Minimum Shareholding Threshold in a sentence

  • The Minimum Shareholding Threshold in Rule 7.3 shall not apply to Awards vesting under this Rule 8.

  • He shall thereafter continue to hold Shares equal to the Minimum Shareholding Threshold, as determined by the Committee from time to time, until the Committee shall determine otherwise, subject to any variation under Rule 10.

  • For the purposes of Rule 7.3 above, the Minimum Shareholding Threshold is the number of Shares equal in value to two times the Participant’s basic salary on 1 March in the year in which the Award vests, or such other number as the Committee may determine from time to time.

  • For the purposes of Rule 4.6 above, the Minimum Shareholding Threshold is the number of Shares equal in value to two times the Participant’s basic salary on 1 March in the year in which the Shares are awarded to him, or such other number as the Committee may determine from time to time.

  • Minimum Shareholding Threshold means the number of Shares required to be held by a Participant who is a director of the Company or a product group chief executive in the Rio Tinto Group, as determined in accordance with Rule 7.4. Participant means a person to whom an Award has been granted.

  • He shall thereafter continue to hold Shares equal to the Minimum Shareholding Threshold, as determined by the Committee from time to time, until the Committee shall determine otherwise, subject to any variation under Rule 7.

  • The Minimum Shareholding Threshold in Rule 4.6 shall not apply to Awards made under this Rule 5.

Related to Minimum Shareholding Threshold

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Minimum Holding means the minimum number or value of Shares which must be held by Shareholders as specified in the relevant Supplement.

  • Micro-purchase threshold means $10,000, except it means—

  • Minimum Period means the minimum period for the Service, the initial term of which is set out on the Front Sheet and which starts on the Service Start Date; the minimum period may be renewed on agreement between you and us from time to time for further minimum periods for the same length as, or different to, the initial term.

  • Threshold means with respect to Party B: infinity.

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.