Examples of Retained Stock in a sentence

Restricted stock granted to the Executive by the Company that is subject to forfeiture restrictions shall not be counted as Retained Stock.
Retained Stock shall include (i) restricted stock issued to Executive that is no longer subject to a forfeiture restriction, (ii) stock held in an individual retirement account, 401(k) plan or other qualified plan pursuant to the Code for the primary benefit of the Executive and/or Executive’s spouse and (iii) stock held by the Executive’s spouse.
During the Period of Restriction such electronic book entries shall contain a restrictive legend notation to the effect that ownership of such Restricted Shares (and any Retained Stock Distributions), and the enjoyment of all rights appurtenant thereto, are subject to the restrictions, terms, and conditions provided in the Plan and this Agreement.
The number of shares of Retained Stock shall be adjusted for stock splits, stock dividends, spin offs and other relevant changes in the Company’s capital structure.
Notwithstanding any other provision of this Agreement (other than Sections 4.2(c) and 5.6(f)), the Registration Rights Agreement shall exclusively govern all matters relating to the Retained Stock (including allocations thereof) addressed therein.

More Definitions of Retained Stock

Retained Stock means the outstanding SpinCo Shares, up to 19.9% of the aggregate outstanding SpinCo Shares, that Parent may retain after the Distribution.

Retained Stock means the Corner Store Common Stock retained by Valero immediately following the Distribution.

Retained Stock means any Capital Stock in GRAIL that Illumina retains after the Distribution.

Retained Stock shall have the meaning set forth in the Separation and Distribution Agreement, dated as of June 21, 2024, by and between Illumina and GRAIL.” Except as expressly modified herein, the Agreement shall remain in full force and effect in accordance with its terms. All capitalized terms not defined in this Fourth Amendment shall have the meaning ascribed to them in the Agreement. This Fourth Amendment may be executed in one or more counterparts, and each of which shall be deemed to be an original, and all of which shall constitute one and the same instrument.

Retained Stock shall have the meaning set forth in the preamble hereto.

Retained Stock means any Capital Stock in GRAIL that Illumina retains after the Distribution. “Retention Date” has the meaning set forth in Section 8.01 of this Agreement.

Retained Stock means the Enova Common Stock retained by Parent immediately following the Distribution.