Shares Program definition

Shares Program means the investment program provided to Participants by
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Shares Program means the investment program provided to Participants by CalTRUST whereby Public Agencies invest in Shares.
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Examples of Shares Program in a sentence

  • Executive will receive a grant of 100,000 restricted shares or share units under the Company's Founders Performance Contingent Shares Program, which shall vest according to the terms of the Program based on the Company's total shareholder return ranking as compared to a designated peer group and the Company's targeted five year compounded shareholder return.

  • Except as otherwise provided in the Founders Performance Contingent Shares Program, Executive must be employed by the Company on December 31, 2004 in order for the restricted shares or share units to vest.

  • Except for moneys held by any custodian or depository in connection with the Shares Program and except as may otherwise be specified by resolution of the Board, the Treasurer of CalTRUST shall be responsible for safekeeping and disbursement of CalTRUST assets, and, as such, shall have the powers, duties and responsibilities specified in Sections 6505, 6505.5 and 6509.5 of the Act.

  • Each such allocation by the Board shall be conclusive and binding upon the Participants of the Shares Program in all Series for all purposes.

  • The Participants of the Shares Program in any Series shall not be entitled thereby to any distribution upon liquidation of any other Series.

  • This Agreement may be amended by the Board, except to the extent an amendment would adversely affect (i) the Shares Program in which case the amendment shall be subject to approval by a majority of the Shares or (ii) one or more Series of Shares, in which case the amendment shall be subject to approval by a majority of the Shares of any Series affected by such amendment.

  • The purpose of CalTRUST is to consolidate investment activities of the Participants and thereby reduce duplication, achieve economies of scale and carry out coherent and consolidated investment strategies through the Shares Program (as described in Articles VI and VII hereof).

  • The Board shall have the power to fix the minimum investment for Participants of the Shares Program expressed in dollars or Shares, or both.

  • Employee Stock Purchase Plan; Matching Shares Program 23 Section 8.06.

  • The Members described in Section 11(b)(i) and (ii) shall serve as Co-Chairs of the CAC (“CAC Co- Chairs”).