RESERVED STOCK definition

RESERVED STOCK means the number of shares of Reserved Stock referenced in the second recital of this Agreement, which number of shares may be adjusted downward for Employee Issuances (as defined in SECTION 2 hereof) which occur prior to the issuance to Executive of the full amount of the Reserved Stock indicated in the recitals to this Agreement.
Sample 1Sample 2Sample 3
RESERVED STOCK shall have the meaning ascribed to such term in Section 4.2(d).
Sample 1Sample 2

Examples of RESERVED STOCK in a sentence

  • Executive and AppNet, Inc., a Delaware corporation (the "COMPANY") have entered into a Senior Management Agreement, dated as of June 29, 1998 (the "APPNET SENIOR MANAGEMENT AGREEMENT"), pursuant to which Executive purchased, and the Company sold, 3,566,000 shares of the Company's Common Stock, par value $.0005 per share, (the "RESERVED STOCK").

  • IN INSTANCES WHERE THE CUSTOMER HAS ORDERED ADDITIONAL STOCK OVER AND ABOVE THE ORIGINAL ORDER OR HAS DRAWN DOWN ON AN AGREED AMOUNT OF RESERVED STOCK IN ADDITION TO THE ORIGINAL ORDER, THE CUSTOMER WAIVES ITS RIGHT TO RETURN ANY OF ITS ORIGINAL CONTRACT ORDER VOLUME OR THE RESERVE DOSES DELIVERED.

Related to RESERVED STOCK

  • Reserved Shares means initially, [ ] Shares. The Reserved Shares may be increased or decreased in a Supplemental Confirmation.

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Approved Stock Plan means any employee benefit plan which has been approved by the Board of Directors of the Company, pursuant to which the Company's securities may be issued to any employee, officer or director for services provided to the Company.

  • Common Shares means the common shares in the capital of the Corporation;

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.

  • A Ordinary Shares means the ‘A’ ordinary shares of £1.00 each in the capital of the Company;

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Plan Shares means the total number of Common Shares which may be reserved for issuance as Optioned Shares under the Plan as provided in §2.2;

  • Excluded Stock and Stock Equivalents means (i) any Stock or Stock Equivalents with respect to which, in the reasonable judgment of the Collateral Agent (confirmed in writing by notice to the Borrower), the cost or other consequences (including any adverse tax consequences) of pledging such Stock or Stock Equivalents in favor of the Secured Parties under the Security Documents shall be excessive in view of the benefits to be obtained by the Lenders therefrom, (ii) solely in the case of any pledge of Stock and Stock Equivalents of any Foreign Subsidiary or any Domestic Subsidiary substantially all of the assets of which consist of Stock or Stock Equivalents of Foreign Subsidiaries to secure the Obligations, any Stock or Stock Equivalents of any class of such Foreign Subsidiary or such Domestic Subsidiary in excess of 65% of the outstanding Stock or Stock Equivalents of such class (such percentage to be adjusted upon any Change in Law as may be required to avoid adverse U.S. federal income tax consequences to the Borrower or any Subsidiary), (iii) any Stock or Stock Equivalents to the extent the pledge thereof would violate any applicable Requirement of Law, (iv) in the case of (A) any Stock or Stock Equivalents of any Subsidiary to the extent such Stock or Stock Equivalents are subject to a Lien permitted by Section 10.2(h) or (B) any Stock or Stock Equivalents of any Subsidiary that is not wholly-owned by the Borrower and its Subsidiaries at the time such Subsidiary becomes a Subsidiary, any Stock or Stock Equivalents of each such Subsidiary described in clause (A) or (B) to the extent (1) that a pledge thereof to secure the Obligations is prohibited by any applicable Contractual Requirement (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law), (2) any Contractual Requirement prohibits such a pledge without the consent of any other party; provided that this clause (2) shall not apply if (x) such other party is a Credit Party or wholly-owned Subsidiary or (y) consent has been obtained to consummate such pledge (it being understood that the foregoing shall not be deemed to obligate the Borrower or any Subsidiary to obtain any such consent) and for so long as such Contractual Requirement or replacement or renewal thereof is in effect, or (3) a pledge thereof to secure the Obligations would give any other party (other than a Credit Party or wholly-owned Subsidiary) to any contract, agreement, instrument or indenture governing such Stock or Stock Equivalents the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (v) any Stock or Stock Equivalents of any Subsidiary to the extent that (A) the pledge of such Stock or Stock Equivalents would result in adverse tax consequences to the Borrower or any Subsidiary as reasonably determined by the Borrower and (B) such Stock or Stock Equivalents have been identified in writing to the Collateral Agent by an Authorized Officer of the Borrower.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).

  • Stock Appreciation Right or “SAR” means a right to receive the appreciation on Common Stock that is granted pursuant to the terms and conditions of Section 5.

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • Unissued Option Shares means the number of Shares, at a particular time, which have been reserved for issuance upon the exercise of an Option but which have not been issued, as adjusted from time to time in accordance with the provisions of section 5, such adjustments to be cumulative.

  • Stock Appreciation Rights Agreement means a written agreement between the Company and a Holder with respect to an Award of Stock Appreciation Rights.

  • Stock Appreciation Rights or “SAR” means a right granted to a Participant under Section 6(c).

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement;

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);