Restricted Share Value definition

Restricted Share Value means, with respect to any Restricted Payment Shares or Make-Whole Payment Shares, 95% of the value thereof per share to the Seller, determined by the Calculation Agent by commercially reasonable means.
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Restricted Share Value means, with respect to any Restricted Payment Shares or Make-Whole Payment Shares, 97% of the value thereof per share to the Seller, determined by the Calculation Agent by commercially reasonable means.
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Restricted Share Value means the fair market value of any Restricted Shares on the date that they become distributable to Employee. "Restricted Share Gross Up" shall mean an amount equal to the result derived by dividing: (a) the Restricted Share Value by (b) the Tax Factor (as defined below). "Tax Factor" shall mean the greater of: (i) sixty-four percent (64%); or (ii) the difference between one hundred percent (100%) and the highest marginal individual income tax rate set forth in the Internal Revenue Code of 1986, as amended, in the year in which Employee receives the portion of the Restricted Shares with respect to which this bonus is being calculated.
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Examples of Restricted Share Value in a sentence

  • If the Restricted Share Value is less than the fair value, then the fair value price at that time will be used as the share value.

  • To recognise the impact on the share price from such a change in valuation approach, there is a transition period to the new Restricted Share Value approach, during which the share is valued under both the Restricted Share Value approach and the fair value method.

  • As a result of the implementation of stages 1 and 2, shares are valued on the basis of a Restricted Share Value.

  • The value of Fonterra shares is determined by the Board on an annual basis, for each season, after taking the advice of an independent valuer.The use of a Restricted Share Value represents a constitutional change to approach from the fair value method used previously and was expected to result in a lower share valuation.

  • Once the Restricted Share Value is greater than the fair value base price, the transition period is deemed to have ended and the Restricted Share Value will be used from that point onwards.The Restricted Share Value for the 2010/11 season has been set by the Board at $4.52 per share (2009: Fair value of$4.52 per share).Shareholders may elect, within the application period (15 December–28 February) to purchase and surrender shares.

  • Studies have shown that the C = C and C = O groups from the phytocompounds act as a capping agent [41].

  • For the avoidance of doubt, the parties agree that the commissions incorporated in the definitions of Share Amount and Restricted Share Value and in Section 5(c) above are commercially reasonable fees for BAS’s activities in connection with Settlement under Section 5.

  • The use of a Restricted Share Value represents a constitutional change to approach from the fair value method used previously and was expected to result in a lower share valuation.

  • As a result of the implementation of stages one and two, shares are valued on the basis of a Restricted Share Value.

  • To recognise the impact on the share price from such a change in valuation approach, there is a transition period to the new Restricted Share Value approach, during which the share is valued separately under the Restricted Share Value approach and the Fair Value approach.


More Definitions of Restricted Share Value

Restricted Share Value means, with respect to any Restricted Payment Shares or Make-Whole Payment Shares on any day, the reported closing price of the Common Stock on the Exchange on the immediately preceding Trading Day, reduced by an amount (the “Fair Value Discount”) equal to the difference in fair values between restricted and unrestricted shares of Common Stock, as determined by the Calculation Agent using, with respect to unrestricted shares, such reported closing price and, with respect to restricted shares, the Calculation Agent’s commercially reasonable estimate of the proceeds per share that would be received by the Company in a customary private placement of restricted shares of Common Stock on such day.
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Restricted Share Value means, on any day, the Relevant Price for the Shares on such day (determined as if such day were a Valuation Date), reduced by an amount equal to the difference in fair values on such day between Shares that may be sold freely without registration (“Free Shares”) and Shares that may only be sold pursuant to an effective registration statement or an exemption from the registration requirements of the Securities Act (“Restricted Shares”), with the fair value of the Free Shares on such day being such Relevant Price and the fair value of Restricted Shares on such day being the Calculation Agent’s commercially reasonable estimate of the proceeds per Restricted Share that would be received by a seller of Restricted Shares in a customary private placement of Restricted Shares on such day.
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Related to Restricted Share Value

  • Restricted Share means a Share awarded to a Participant pursuant to Article 6 that is subject to certain restrictions and may be subject to risk of forfeiture.

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

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Company Restricted Share means each restricted share of Company Common Stock outstanding as of the Effective Time granted pursuant to any equity or compensation plan or arrangement of the Company.

  • Restricted Share Award means an award of Restricted Shares.

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

  • Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

  • Company Restricted Shares means shares of Company Common Stock granted under a Company Equity Plan, or issued upon “early exercise” of an option granted under a Company Equity Plan, that remain subject to one or more unsatisfied vesting or vesting-equivalent forfeiture or repurchase conditions.

  • Company Restricted Stock Unit means any restricted stock unit award subject to service-based vesting, payable in shares of Company Common Stock or the value of which is determined with reference to the value of shares of Company Common Stock, whether granted under a Company Stock Plan or otherwise.

  • Company Restricted Stock Award means each award with respect to a share of restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of determination, subject to forfeiture or repurchase by the Company.

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

  • Unrestricted Shares means a grant of Shares made on an unrestricted basis pursuant to Section 13 of the Plan.

  • Company Restricted Stock means each share of restricted Company Common Stock issued by the Company, which is subject to vesting conditions and rights to repurchase or reacquire by the Company, whether granted by the Company pursuant to a Company Option Plan, assumed by the Company in connection with any merger, acquisition or similar transaction or otherwise issued or granted and whether vested or unvested.

  • 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.

  • Unrestricted Stock Award means an Award of shares of Stock free of any restrictions.

  • Restricted Share Agreement means the agreement between the Company and the recipient of a Restricted Share which contains the terms, conditions and restrictions pertaining to such Restricted Shares.

  • Restricted Stock Bonus means Stock granted to a Participant pursuant to Section 8.

  • 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.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Time-share unit means a condominium unit in which a time-share estate or a time-share license exists.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

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

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Restricted Award means any Award granted pursuant to Section 7.2(a).

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;