Readily Tradable definition

Readily Tradable means readily tradable on an established securities market within the meaning of Treasury Regulation 1.409A-1(b)(5)(iv)(A).
Readily Tradable means shares of stock that are both “publicly traded” and “not subject to a trading limitation”:

Examples of Readily Tradable in a sentence

  • In the event that Optionee acquires Option Stock pursuant to a valid exercise pursuant to this Agreement and the Optionee ceases to be an Eligible Participant, then the Participant, or the Participant's beneficiary shall have the right to require the Company to repurchase such Option Stock (the "Put Option"), provided that the Company determines that the Option Stock is not then Readily Tradable.

Related to Readily Tradable

  • Freely Tradable means, with respect to any Note, that such Note would be eligible to be offered, sold or otherwise transferred pursuant to Rule 144 or otherwise if held by a Person that is not an Affiliate of the Company, and that has not been an Affiliate of the Company during the immediately preceding three (3) months, without any requirements as to volume, manner of sale, availability of current public information or notice under the Securities Act (except that, during the six (6) month period beginning on, and including, the date that is six (6) months after the Last Original Issue Date of such Note, any such requirement as to the availability of current public information will be disregarded if the same is satisfied at that time); provided, however, that from and after the Free Trade Date of such Note, such Note will not be “Freely Tradable” unless such Note (x) is not identified by a “restricted” CUSIP or ISIN number; and (y) is not represented by any certificate that bears the Restricted Note Legend. For the avoidance of doubt, whether a Note is deemed to be identified by a “restricted” CUSIP or ISIN number or to bear the Restricted Note Legend is subject to Section 2.12.

  • Publicly Traded means listed or admitted to trading on the New York Stock Exchange, the American Stock Exchange or another national securities exchange or designated for quotation on the NASDAQ National Market, or any successor to any of the foregoing.

  • Tradable Security means a security that meets the following criteria at the time of Disposition:

  • Freely Tradeable means shares that may be sold at any time by the Consultant free of any contractual or other restriction on transfer and which have been appropriately listed or registered for such sale on all securities markets on any shares of the Common Stock are currently so listed or registered; and (ii) the Company shall be responsible for the payment of the reasonable out-of-pocket costs and expenses of Consultant incurred prior to, or on or after the date of this Agreement, in connection with its engagement under this Agreement, including, but not limited to, reasonable fees and disbursements of counsel for Consultant, travel and related expenses, document production and computer database charges. The Company shall reimburse Consultant for such costs and expenses as they are incurred, promptly after receipt of a request for reimbursement from Consultant.

  • transferable securities means those classes of securities which are negotiable on the capital market, with the exception of instruments of payment, such as: