Reserved Employee Shares definition

Reserved Employee Shares means shares of Common Stock issued to employees, officers, directors, shareholders and executives of, and consultants or vendors to, the Company either directly as compensation or upon the exercise of options granted by the Company.
Reserved Employee Shares means all Shares reserved by the Company for issuance pursuant to stock purchase, stock grant or stock option arrangements for employees, directors or consultants of the Company, all under arrangements approved by the Board of Directors, provided that such Shares shall not exceed in the aggregate eight percent (8%) of the Fully Diluted Outstanding Shares as of the date hereof without the written consent of Holders of Warrants exercisable for at least 66-2/3% of the aggregate number of Shares then purchasable upon exercise of this Warrant and the other Warrants.
Reserved Employee Shares means shares of Common Stock not to exceed in the aggregate 14,718,646 shares (appropriately adjusted to reflect stock splits, stock dividends, combinations of shares and the like with respect to the Common Stock) reserved by the Company for issuance pursuant to the Employee Stock Plans. The foregoing number of Reserved Employee shares may be increased by vote or unanimous written consent of the Board of Directors of the Company, such vote or consent including the affirmative vote or consent of the Preferred Directors.

Examples of Reserved Employee Shares in a sentence

  • Issue or sell any equity securities of the Company or securities that are convertible into equity securities of the Company, other than any issuance of Reserved Employee Shares pursuant to options and other rights granted under equity compensation plans approved by the Company's stockholders.

  • The Company shall not ----------------------------------- grant to any of its employees options to purchase Reserved Employee Shares which will become exercisable at a rate in excess of 25% per annum from the date of such grant without the approval of the Company's Board of Directors.

  • The Company shall not grant to any of its employees options to purchase Reserved Employee Shares which will become exercisable at a rate in excess of 25% per annum from the date of such grant (except as set forth on Schedule II) without the consent of the Board of Directors.

  • Ethical and moral values from religion and other sources are used to make them a responsible citizen of India.

  • Grant to any of its employees options or other rights to purchase Reserved Employee Shares unless authorized by the Company’s Board of Directors or its Compensation Committee (which Compensation Committee shall at all times be comprised of at least one of the Series A-1 Directors).


More Definitions of Reserved Employee Shares

Reserved Employee Shares means shares of Common Stock not to exceed in the aggregate 14,076,382 shares (appropriately adjusted to reflect stock splits, stock dividends, combinations of shares and the like with respect to the Common Stock) reserved by the Company for issuance pursuant to stock purchase, stock grant or stock option arrangements for employees, directors or consultants of the Company, all under arrangements approved by the Board of Directors. The foregoing number of Reserved Employee Shares may be increased by vote or written consent of the Board of Directors, including in all cases the affirmative vote or consent of a majority of the directors designated by the holders of Series A Preferred Stock.
Reserved Employee Shares means shares of Common Stock issued to employees, officers, directors, shareholders and executives of, and consultants or vendors to, the Company of up to: (i) 5,000,000 shares (as appropriately adjusted for any stock dividends, combinations, splits or the like with respect to shares of Common Stock), plus such additional number of shares of Common Stock issued or deemed issued for like purposes as shall be approved by the Holder; plus (ii) shares reserved, as of the date hereof, for issuance upon the exercise of outstanding Options to purchase up to 3,031,495 shares of Common Stock presently held by certain management employees of the Company. Such Reserved Employee Shares shall be issued, at any time, and from time to time, under such arrangements, contracts or plans as are recommended by the Company's management and approved by the Board.
Reserved Employee Shares means up to 12,000,000 shares of Common Stock (appropriately adjusted to reflect stock splits, stock dividends, combinations of shares and the like with respect to the Common Stock occurring after March 22, 2010) reserved by the Company from time to time for (i) the sale or issuance of shares of Common Stock to employees, consultants or non-employee directors of the Company or (ii) the issuance and/or exercise of options to purchase Common Stock granted to employees, consultants or non-employee directors of the Company, all pursuant to arrangements approved by the Board of Directors and the Series A Directors.
Reserved Employee Shares means options to purchase Common Stock (and shares of Common Stock issuable upon the exercise thereof) to employees, officers, directors or consultants pursuant to any stock option, employee stock purchase or similar equity-based plans approved by the Board of Directors or approved by the Board of Directors and the stockholders of the Company (in each case, as appropriately adjusted for any subsequent stock dividends, combinations, splits or the like), including the 2007 Stock Option Plan for Key Employees of USF Holding Corp. and its Subsidiaries, the US Foods Holding Corp. 2016 Omnibus Incentive Plan and the Employee Stock Purchase Plan.
Reserved Employee Shares shall have the meaning attributable to it in Section 4.12 of this Agreement.
Reserved Employee Shares means options to purchase Common Stock (and shares of Common Stock issuable upon the exercise thereof) or restricted or other shares of Common Stock or stock-based awards, in any case, issued to employees, officers, directors or consultants pursuant to any stock option, employee stock purchase or similar equity-based plans approved by the Board (including adjustments in respect thereof for any subsequent stock dividends, combinations, splits or the like), including the 2004 CSA Acquisition Corp. Stock Incentive Plan.
Reserved Employee Shares means shares of Common Stock, not to exceed in the aggregate 11,377,800 shares (appropriately adjusted to reflect stock splits, stock dividends, combinations of shares and the like with respect to the Common Stock and subject to the provisions of the Section 4.02(g) hereof), reserved by the Company for issuance pursuant to the Company's 1998 Stock Incentive Plan, provided that such number may be increased by up to 7,559,226 additional shares of Common Stock (the "Founders' Shares") (appropriately adjusted to reflect stock splits, stock dividends, combinations of shares and the like with respect to the Common Stock and subject to the provisions of the Section 4.02(g) hereof and including 2,132,100 shares previously issued or subject to options prior to the date hereof) held by the Founders upon the repurchase of such Founders Shares by the Company from the Founders pursuant to contractual rights held by the Company. The foregoing numbers of Reserved Employee Shares may be increased by the affirmative vote or written consent of a majority of the directors elected solely by the holders of Series A Preferred Stock and Series B Preferred Stock or the affirmative vote or written consent of the holders of at least 50% of the then outstanding shares of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock, voting together as a single class on a Common Stock equivalent basis.