Share Bonus definition

Share Bonus means a bonus payable in fully vested Common Shares granted pursuant to Section 11 hereof.
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Share Bonus with respect to the Performance Period shall mean a number of shares of Common Stock equal to the product of the Target Share Amount multiplied by the Earned Bonus Percentage for the Performance Period, to the extent vested as of the Distribution Date as provided herein.
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Share Bonus means an award of Shares pursuant to Section 6.
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Examples of Share Bonus in a sentence

  • In the event any unvested Share Bonus is not assumed or substituted by the acquiring company (or its parent) in connection with a Change in Control, such unvested Share Bonus will vest effective as of the closing of such Change in Control.

  • In the event that the Participant’s employment with the Company and its Affiliates terminates due to death, Disability, or Involuntary Termination, or the Participant is terminated for Cause at any time before the Distribution Date, the entire amount of the Share Bonus, whether vested or unvested, shall be forfeited and the Participant shall not be entitled to any payment under Section 5 hereof or have any other rights with respect to the Share Bonus.

  • In the event that the Participant’s employment with the Company and its Affiliates terminates due to Retirement, Participant’s Share Bonus shall be distributed in accordance with the otherwise applicable provisions of this Agreement; provided however, that any undistributed Share Bonus shall be forfeited in its entirety should Participant engage in any business or activity, either on his/her own or as an employee, which is deemed to be in competition with the Company.

  • The Committee shall have discretion to reduce or increase the amount of the Share Bonus determined for the Participant for the Performance Period at any time prior to the payment of such bonus to the Participant.

  • Any Share Bonus which may vest and become payable shall be determined in accordance with Sections 3 and 4 hereof.


More Definitions of Share Bonus

Share Bonus means a bonus payable in fully vested Ordinary Shares granted pursuant to Section 11 hereof.
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Share Bonus means a bonus payable in Ordinary Shares granted pursuant to Section 12.
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Share Bonus means Shares granted to a Participant pursuant to Section 7.
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Share Bonus means a bonus payable in fully vested Ordinary Shares granted pursuant to Section 11 hereof. (pp) “Shares” means Ordinary Shares reserved for issuance under the Plan, as adjusted pursuant to the Plan, and any
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Share Bonus means any Shares awarded to a Participant by the Company with respect to a Plan Year that are designated by the Company as a part of the Participant’s annual bonus for such Plan Year, whether or not actually paid during such Plan Year, determined before giving effect to any Share Bonus Deferral made hereunder, but only to the extent such Shares awarded would qualify as “performance-based compensation” for purposes of Section 409A of the Code and the regulations thereunder.”
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Share Bonus with respect to the Service Period, shall mean the number of shares of Common Stock specified in Section 2.
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Share Bonus means a bonus payable in fully vested Common Shares granted pursuant to Section 11hereof.
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