Prior Plan Awards means (i) any awards under the Prior Plans that are outstanding on the Effective Date, and that, on or after the Effective Date, are forfeited, expire or are canceled; and (ii) any shares subject to awards relating to Common Stock under the Prior Plans that, on or after the Effective Date, are settled in cash.

Prior Plan Awards means (i) awards that were granted under the Prior Plan and were outstanding on the Effective Date and that, on or after the Effective Date, are forfeited, expire, or are canceled in accordance with the terms of the Prior Plan and the applicable award agreement or (ii) any shares subject to awards relating to our ordinary shares under the Prior Plan that, on or after the Effective Date, are settled in cash.

Prior Plan Awards means any Common Stock subject to options, restricted stock, restricted stock units or stock appreciation rights that are outstanding under the Prior Plans as of the Effective Date and that expire or otherwise terminate without having been exercised in full or without Common Stock being issued pursuant to such options, restricted stock, restricted stock units, or stock appreciation rights, that are forfeited, or that are repurchased by the Company.

Examples of Prior Plan Awards in a sentence

As of the Effective Date, the Company will cease granting awards under the Prior Plan; however, Prior Plan Awards will remain subject to the terms of the Prior Plan.
The payment of Dividend Equivalents in cash in conjunction with any outstanding Awards or Prior Plan Awards shall not count against the Overall Share Limit.
As of the Plan’s effective date under Section 10.3, the Company will cease granting awards under the Prior Plans; however, Prior Plan Awards will remain subject to the terms of the applicable Prior Plan.
As of the Effective Date, the Company will cease granting awards under the Prior Plan; however, Prior Plan Awards will remain subject to the terms of the applicable Prior Plan.
As of the Effective Date, the Company will cease granting awards under the Prior Plans; however, Prior Plan Awards will remain subject to the terms of the applicable Prior Plan.

More Definitions of Prior Plan Awards

Prior Plan Awards means an award outstanding under the Prior Plan as of the Effective Date hereof.

Prior Plan Awards means any awards granted under the Prior Plan.

Prior Plan Awards means “Awards,” as such term is used and defined under the Prior Plan, that are outstanding as of the Effective Date.

Prior Plan Awards means (i) awards that were granted under the 2014 Plan and were outstanding on the Effective Date and that, on or after the Effective Date, are forfeited, expire, or are canceled in accordance with the terms of the 2014 Plan and the applicable award agreement or (ii) any shares subject to awards relating to our ordinary shares under the 2014 Plan that, on or after the Effective Date, are settled in cash. The Plan replaced the 2014 Plan, which was terminated effective as of the Effective Date. Consequently, no awards can be made under the 2014 Plan after the Effective Date; however, any awards issued under the 2014 Plan prior to that date shall remain outstanding, subject to the terms and conditions of the 2014 Plan and the applicable award agreement.

Prior Plan Awards means awards issued under the Prior Plan that were assumed by the Company pursuant to the Agreement and Plan of Merger by and among Tuscan Holdings Corp., TSCN Merger Sub Inc. and Microvast, Inc., dated as of February 1, 2021.

Prior Plan Awards shall have the meaning given in the Recitals hereto.

Prior Plan Awards means an award outstanding under the Prior Plan as of the Effective Date hereof. (ll) “Related Rights” has the meaning set forth in Section 8.