Plan Share Reserve definition

Plan Share Reserve means the shares of Common Stock held by the Trustee pursuant to Sections 5.03 and 5.04.

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Plan Share Reserve means the shares of Common Stock held by the Trustee pursuant to Sections 5.02 and 5.03.

Plan Share Reserve means the Common Shares held by the Trustee pursuant to Sections 5.02 and 5.03 of this Agreement.

Examples of Plan Share Reserve in a sentence

Any Shares subject to an Award which are not earned because of forfeiture by the Participant pursuant to Section 7.01 shall be added to the Plan Share Reserve.
In particular, any earnings on cash dividends received with respect to shares of Common Stock shall be allocated to accounts for Participants, except to the extent that such cash dividends are distributed to Participants, if such shares are the subject of outstanding Plan Share Awards, or, otherwise to the Plan Share Reserve.
The Committee may, with the approval of the Board (or, if so directed by the Board) return all Common Stock in the Plan Share Reserve to the Savings Bank at any time, and cease issuing Plan Share Awards.
Upon the allocation of Plan Share Awards under Sections 6.02 and 6.05, or the decision of the Committee to return Plan Shares to the Parent, the Plan Share Reserve shall be reduced by the number of Shares subject to the Awards so allocated or returned.
The power to amend or terminate the Plan shall include the power to direct the Trustee to return to the Parent all or any part of the assets of the Trust, including shares of Common Stock held in the Plan Share Reserve, as well as shares of Common Stock and other assets subject to Plan Share Awards which have not yet been earned by the Participants to whom they have been awarded.

Plan Share Reserve means the maximum number of shares of Common Stock that may be issued with respect to Awards granted under the Plan.

Plan Share Reserve means the shares of Common Stock authorized for issuance in accordance with the Plan.

Plan Share Reserve means the shares of Common Stock held by the Trustee as determined pursuant to Sections 5.03 and 5.04.

Plan Share Reserve means the shares of Common Stock reserved for issuance pursuant to Sections 5.02 and 5.03.

Plan Share Reserve means the shares of Common Stock to be issued to Participants in accordance with the Plan.

Plan Share Reserve means the Common Shares held by the Trustee pursuant to Sections 4.02 and 4.03 of this Agreement and not yet subject to Awards.

Plan Share Reserve means the Common Shares held by the Trustee pursuant to Section 7 of this Agreement.