Examples of Parent SARs in a sentence
There are no outstanding Parent SARs (as defined in Section 6.04) that were not granted in tandem with a related Parent Employee Stock Option.
As of the close of business on the Capitalization Date, Parent has not granted any options, warrants, calls, undertakings, convertible securities or any other rights to a third party to acquire capital stock from Parent or any Parent ADSs, other than Parent Options, Parent SARs, Parent RSUs and Parent Performance Share Awards.
As soon as practicable after the Exchange Effective Time, Newco shall deliver to the holders of Parent Employee Stock Options and Parent SARs appropriate notices setting forth such holders' rights pursuant to the respective Parent Stock Plans, and the agreements evidencing the grants of such Parent Employee Stock Options and Parent SARs shall continue in effect on the same terms and conditions (subject to the adjustments required by this Section 6.04 after giving effect to the Merger).
As of the date of this Agreement, there were: (i) 109,303,356 Parent Shares issued and outstanding (including 496,672 Parent Restricted Common Shares); (ii) no Parent Special Shares issued and outstanding; (iii) no Parent Preferred Shares issued and outstanding; and (iv) 1,682,962 Parent Shares issuable upon the exercise of all outstanding Parent Options, including tandem Parent SARs.
As of the Effective Time, Parent shall assume the obligations of the Company under the Company Stock Plans and shall assume such plans for purposes of employing such plans to govern the Converted Parent SARs and, in its discretion, to make grants of equity-based awards relating to Parent Common Stock following the Effective Time.
After the Distribution Date, Parent Options, Parent SARs, Parent RSUs, Parent DSUs, and Parent Restricted Shares, regardless of by whom held, shall be settled by Parent pursuant to the terms of the Parent Long-Term Incentive Plans, and SpinCo Options, SpinCo SARs, SpinCo RSUs, and SpinCo Restricted Shares, regardless of by whom held, shall be settled by SpinCo pursuant to the terms of the SpinCo Long-Term Incentive Plan.
There are no outstanding Parent SARs (as defined in Section 6.04 (a)(ii)).
The Nuclear Installations SafetyDirectorate (DSIN) is a department within the Ministry for Industry and acts for both ministries.
Following the Closing, the Company shall notify each holder of the conversion of Company Options and Company SARs into Parent Options and Parent SARs, as applicable, and any restrictions on the exercise thereof during the period prior to the registration of the shares of Parent Common Stock underlying such Parent Options and Parent SARs on Form S-8.
After such assumption, (i) 4,213,153 shares of Parent Common Stock will be issuable upon the exercise of Parent Options converted from assumed Company Options issued under the Company’s 2013 Equity Incentive Plan, (ii) 252,983 shares of Parent Common Stock will be issuable upon the exercise of Parent SARs converted from assumed Company SARs issued under the Company’s 2013 Equity Incentive Plan and (iii) 440,905 shares of Parent Common Stock will be reserved for future issuance under the 2020 Plan.