Restricted Share Bonus definition

Restricted Share Bonus means a grant of Ordinary Shares subject to the provisions of Section 7.1 of the Plan.
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Restricted Share Bonus means Common Shares granted to a Participant pursuant to Section 8.
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Restricted Share Bonus means Common Shares granted to a Participant pursuant to Section 8, which, if such Common Shares may be acquired by the Participant within one year of the grant date, may only be issued upon receipt of the prior approval of the TSXV in respect of the granting of such Awards.
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Examples of Restricted Share Bonus in a sentence

  • Restricted Share Bonus PlanThe Company has a Restricted Share Bonus Plan pursuant to which the Company may grant restricted shares to directors, officers, employees and consultants.

  • In this case, the tax is also recognized in other comprehensive income or directly in equity, respectively.The Company is able to deduct certain settlements under its Restricted Share Bonus Plan.

  • The number of shares included with respect to dilutive instruments, being restricted shares issued under the Company’s Restricted Share Bonus Plan, is computed using the treasury stock method.

  • Restricted shares granted under the Restricted Share Bonus Plan are accounted for at fair value.

  • Should Shares be issued pursuant to a Restricted Share Bonus award in circumstances where they are not otherwise fully paid up, the Board may require the Participant to pay the aggregate Nominal Value of the Shares on the basis that such Shares underlying the Restricted Share Bonus award shall then be allotted as fully paid to the Participant.

  • Restricted Share Awards may be granted in the form of either a Restricted Share Bonus or a Restricted Share Purchase Right.

  • Each Restricted Share Bonus shall be evidenced by a Restricted Share Bonus Agreement which shall be in such form and shall contain such terms and conditions as the Board shall deem appropriate.

  • Rights to acquire Shares under the Restricted Share Bonus Agreement shall be transferable by the Participant only upon such terms and conditions as are set forth in the Restricted Share Bonus Agreement, as the Board shall determine in its discretion, so long as Ordinary Shares awarded under the Restricted Share Bonus Agreement remain subject to the terms of the Restricted Share Bonus Agreement.

  • In October 2003, Masonite adopted the 2002 Restricted Share Bonus Plan, providing for the grant of RSUs and the 2002 Deferred Share Plan, providing for the grant of DSUs, each described within the Report of the Human Resources and Compensation Committee on Executive Compensation.

  • No monetary payment (other than applicable tax withholding) shall be required as a condition of receiving Common Shares pursuant to a Restricted Share Bonus, the consideration for which shall be services actually rendered to a Participating Company or for its benefit.

Related to Restricted Share Bonus

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Restricted Share means a Common Share awarded under the Plan.

  • Restricted Stock means Shares issued pursuant to a Restricted Stock award under Section 7 of the Plan, or issued pursuant to the early exercise of an Option.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Restricted Stock Unit means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 8. Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company.