Share Reserve definition

Share Reserve means the number of shares available for issuance under the Plan as set forth in Section 2(a).

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Share Reserve shall have the meaning given to it in Section 10.21 hereof.

Share Reserve means the aggregate number of Ordinary Shares available for issuance pursuant to Awards from and after the Effective Date under the Plan as set forth in Section 3(a).

Examples of Share Reserve in a sentence

Company further agrees to add additional Common Shares to the Share Reserve if as of the date of the issuance of an Additional Note the Common Shares being held in the Share Reserve is less than the number of Common Shares obtained by dividing the aggregate outstanding balance of the Notes by the Conversion Price (as defined in the Notes).
Company covenants and agrees to increase the Share Reserve each time an Additional Note is issued to provide for the issuances of Conversion Shares under such Additional Note (the number of Common Shares to be added shall be calculated by dividing the principal amount of the Additional Note by the Floor Price (as defined in the Initial Note)).
Company shall further require its Transfer Agent to hold the Common Shares reserved pursuant to the Share Reserve exclusively for the benefit of Investor and to issue such shares to Investor promptly upon Investor’s delivery of a Conversion Notice (as defined in the Notes) under the Notes.

More Definitions of Share Reserve

Share Reserve means the number of shares of Common Stock available for issuance under the Plan as set forth in Section 2(a), subject to adjustment pursuant to Section 6(a) in connection with Capitalization Adjustments.

Share Reserve means as defined in Section 4 of the Plan.

Share Reserve shall have the meaning set forth in Section 7.5 of this Agreement.

Share Reserve means the number of shares of Stock reserved for issuance under Article V of this Plan.

Share Reserve means the number of shares of Common Stock available for issuance under the Plan as set forth in Section 2(a).

Share Reserve means the aggregate number of shares of Stock that may be issued under the Plan, as calculated in accordance with Section 3(a)(i) and subject to adjustment in accordance with Section 3(b).

Share Reserve means the maximum number of shares of Common Stock that may be issued under the Plan, as defined and determined in accordance with Section 3(a) of the Plan.