Plan Share definition

Plan Share means a fully paid Ordinary Share issued pursuant to the terms of the Plan;

Plan Share means a Common Share awarded under the Plan.

Plan Share means each and every share or unit of value credited to a Member’s Account under the Plan, representing his proportionate interest in each Investment Fund and the Trust Fund.

Examples of Plan Share in a sentence

• These Rules, any determination of the Board made pursuant to the Rules, and the terms of any Option granted and any Plan Share issued, transferred and/or allocated under the Plan, will be deemed to form a contract between the Company and the Participant.

• This Plan, each Invitation Letter and Application and any Option granted and Plan Share issued, transferred and/or allocated under it will be governed by, and must be construed according to, the laws of the State of New South Wales and the Commonwealth of Australia.

• Subject to the Board determining otherwise in an Invitation Letter, each vested Option entitles the Participant holding the Option to either, at the discretion of the Board, be issued, be transferred and/or be allocated, one Plan Share on payment of the Exercise Price (if any).

• Where any calculation or adjustment to be made pursuant to these Rules produces a fraction of a cent or a fraction of an Option or a Plan Share, the fraction will be eliminated by rounding to the nearest whole number.

More Definitions of Plan Share

Plan Share means any Share issued, transferred or allocated to a Participant under the Plan upon exercise of an Option;

Plan Share means a Share held by the Trustee for a Participant Beneficiary in accordance with these Rules and the terms of the Trust Deed.

Plan Share means a Share acquired under this Plan;

Plan Share means a Share issued under the Share Plan. "Recipient Directors" means Melissa Sturgess and Mark Burchnall. "Resolution" means a resolution referred to in the Notice.

Plan Share means Shares issued pursuant to the Plan.

Plan Share means any Share issued or transferred to a Participant upon exercise of an Option, or any Share issued or transferred to a Participant upon automatic exercise of a Performance Right;

Plan Share means each component of an award credited to a Participant's Account under this Plan in the event of an election by a Participant under Section 6 which shall be deemed to be equivalent in value to one share of Company Stock. The award of Plan Shares under the Plan shall not entitle such Participant to any dividend or voting rights or any other rights of a shareholder with respect to such Plan Shares.