Share Bonus definition
Examples of Share Bonus in a sentence
The Employee, pursuant to the provisions set forth in the Phantom Option and Profit Share Bonus Agreement, hereby agrees to subscribe for the Issuable Shares.
The Share Bonus and the Cash Bonus shall be determined based on Target Share Amount and the Target Cash Amount, respectively, in the manner set forth in Sections 3 and 4 hereof.
Notwithstanding Section 6 below, the Executive shall be entitled to receive the Share Bonus Compensation for a period of two (2) years from the date of termination of his employment with the Company for whatever reason.
In the event that the Administrator grants a Share Bonus, the Shares constituting such Share Bonus shall, as determined by the Administrator, be evidenced in uncertificated form or by a book entry record or a certificate issued in the name of the Participant to whom such grant was made and delivered to such Participant as soon as practicable after the date on which such Share Bonus is payable.
By entering into this Agreement, Executive agrees and acknowledges that Executive has received and read a copy of the Plan and that the Restricted Share Units and Share Bonus Award are subject to the Plan.