Share Scheme definition

Share Scheme means the proposed scheme of arrangement, substantially in the form set out in Annexure 1, under Part 5.1 of the Corporations Act between the Company and Scheme Shareholders as described in clause 3 subject to any alterations or conditions made or required to be made by the Court and approved in writing by the Parties.

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Share Scheme or “Scheme” means the share scheme to be implemented in terms of this Deed in order to enable Participants to obtain and exercise Options and pursuant thereto to acquire Shares upon the exercise of such Options;

Share Scheme means the AIP, the LTIP and any other share option or share incentive scheme which may be established from time to time by the Group;

Examples of Share Scheme in a sentence

• In the event that acceleration of vesting of outstanding awards under a Share Scheme is to be reduced, such acceleration of vesting shall be undertaken in the reverse order of the date of grant of the Executive’s outstanding equity awards.

• If a reduction in payments or benefits constituting “parachute payments” is necessary so that the Payment equals the Reduced Amount, reduction shall occur in the following order: reduction of cash payments; cancellation of accelerated vesting of outstanding awards under a Share Scheme; and reduction of employee benefits.

• Such options shall be granted in accordance with the rules of an Employee Share Scheme to be proposed by the Board and approved with Shareholder Consent in accordance with Clause 9.

• Where the Employment is terminated for whatever reason and whether or not in breach of contract he shall not be entitled, and by applying for an option the Executive shall be deemed irrevocably to have waived any entitlement, by way of compensation for loss of office or otherwise to any sum or other benefits to compensate him for the loss of any rights under the Share Scheme.

• At the absolute discretion of the Board of Qantas and subject to Qantas meeting the performance criteria set by the Board from time to time for the operation of the Qantas Profit Share Scheme (QPS), shares in Qantas may be issued to each eligible employee of Qantas and QCCA.

More Definitions of Share Scheme

Share Scheme means any employees’ share scheme (within the meaning given by section 1166 of the Companies Act 2006) for employees of the Group or any other share option scheme or share award scheme which has been adopted by the Company;

Share Scheme means the scheme of arrangement under part 5.1 of the Corporations Act between BRL Hardy and the Scheme Shareholders as described in clause 5.

Share Scheme means any incentive plan or scheme established for the benefit of employees and/or directors and/or office holders and/or consultants and their respective relations (as determined in accordance with such plans or schemes) of the Company and/or any of its direct or indirect subsidiaries or affiliates (whether or not such plan or scheme is open to all employees, directors, office holders, consultants and their respective relations) and which is operated either by the Company or any of its direct or indirect subsidiaries or by a third party on their behalf and under the terms of which employees and/or directors and/or office holders and/or consultants and their respective relations may acquire and/or benefit from shares or any interest therein, whether directly, or pursuant to any option over shares granted to them, or pursuant to any equity based award or otherwise;

Share Scheme means the proposed scheme of arrangement pursuant to Part 5.1 of the Corporations Act between Anatolia and Scheme Shareholders in respect of all Scheme Shares, substantially in the form set out in Schedule 3 or in such other form as the parties agree in writing, subject to any alterations or conditions made or required by the Court under section 411(6) of the Corporations Act and approved in writing by each party. Share Scheme Consideration means, in respect of a Scheme Share, New URI Shares (or, at the election of a Scheme Shareholder, CDI Shares), the number of which is determined by application of the Share Exchange Ratio, to be provided to Scheme Shareholders under the terms of the Share Scheme as described in clause 4.2. Subsidiary has the meaning given to that term in section 46 of the Corporations Act. Superior Proposal means a bona fide Acquisition Proposal that is made in writing after the date of this agreement and did not result from a breach of clause 13 by Anatolia or its Related Entities or Representatives, and the Anatolia Board determines in good faith (after having taken advice from its legal and financial advisers) that:

Share Scheme means the scheme of arrangement under part 5.1 of the Corporations Act between BRL Hardy and the Shareholders as at the Record Date (other than persons holding such shares on behalf of or for the benefit of Constellation or its Subsidiaries).

Share Scheme means the ▇▇▇▇▇▇▇ ▇▇▇▇▇ Group Limited 1997 Unapproved Share Option Scheme as adopted on 17 December 1997 and from time to time amended;

Share Scheme means the share scheme (or schemes) to be established by the Board in accordance with clause 10.3