Stock Recipient definition

Stock Recipient means a person who receives an award of Stock subject to the Plan.
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Stock Recipient has the meaning set forth in Section 2.01(a).
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Stock Recipient applies only with respect to the shares of Target Stock set forth opposite such Person's name on the relevant schedule. It is acknowledged that the same Person may appear on both Schedule I and Schedule II; provided, however, that the aggregate number of shares of Target Stock listed on both Schedule I and Schedule II shall not exceed the total number of shares of Target Stock outstanding immediately prior to the Closing.
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Examples of Stock Recipient in a sentence

  • If a cash dividend is paid with respect to shares of Common Stock, Recipient shall be credited with additional SUs as dividend equivalent payments (“Dividend SUs”) on unissued SUs which will be earned upon the vesting of the SUs on which the Dividend SUs were credited, and paid out upon issuance of the Common Stock represented by the SUs on which the Dividend SUs were credited.

  • If a cash dividend is paid with respect to shares of Common Stock, Recipient shall not be credited with additional PSUs as dividend equivalent payments.

  • If a cash dividend is paid with respect to shares of Common Stock, Recipient shall be credited with additional RSUs as dividend equivalent payments (“Dividend RSUs”) on unissued RSUs which will be earned upon the vesting of the RSUs on which the Dividend RSUs were credited, and paid out upon issuance of the Common Stock represented by the RSUs on which the Dividend RSUs were credited.

  • Each Restriction Agreement shall state the name of the Restricted Stock Recipient and the total number of shares of the Common Stock to which it pertains, the Beneficiary of the Restricted Stock Recipient and the date as of which the Restricted Stock was granted under this Plan.

  • Doing so would however require an enormous amount of work that would extend well beyond the scope of this project.

  • As a condition to each grant of Restricted Stock, Recipient is required to pay to Eclipsys $.01 by cash or check for each share of Restricted Stock (the "Acquisition Consideration").

  • There must be at least one independent director among the general directors and shall not be less than one fifths of the general directors.

  • The Optionee, SAR Recipient or Restricted Stock Recipient shall, upon the request of the Committee, execute and deliver to the Company an agreement or affidavit to such effect.

  • If the Company pays any cash dividends on its Common Stock, Recipient will be entitled to receive an amount in cash (less any required withholding for taxes); equal to the value of such cash dividends that would have been paid on RSUs as if such underlying shares had been outstanding as of the record date for such dividends declared on or after the Grant Date and prior to the issuance date of the underlying shares (“Dividend Equivalents”).

  • Each of the covenants and obligations that the Seller is required to comply with or to perform at or prior to the Closing, and each of the covenants that the Stock Recipient Members are required to have complied with or to have performed under the Confidentiality Agreements and the Support Agreements, shall have been complied with and performed in all material respects.


More Definitions of Stock Recipient

Stock Recipient means those persons listed on Schedule II who --------------- elect at least three Business Days prior to Closing to receive only stock (other than their pro rata share of the Withheld Cash) in the Merger pursuant to Section 3.1(d). A definitive list of those Persons listed on Schedule II who elect to become Stock Recipients shall be prepared by Target and delivered to Parent at least three Business Days prior to Closing as part of the Purchase Price Allocation Table.
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Stock Recipient has the meaning set forth in Section 8.08(a).
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Related to Stock Recipient

  • Sub-Recipient means a partner, joint venturer, director, employee, agent and subcontractors of a Recipient to whom a Recipient must disclose Confidential Information.

  • Award Recipient means the person, entity or entities that are to receive or have received grant funds through an award from the Illinois State Board of Education. The terms "grantee" and "award recipient" may be used interchangeably.

  • Qualified recipient means a person certified by a qualified organization as meeting all of the following qualifications:

  • Eligible Recipients means all Employees, all Non-Employee Directors and all Consultants.

  • Grant Recipient means a nonprofit or governmental organization that receives funds to operate a center pursuant to this act.

  • Eligible Recipient means an employee, director or independent contractor of the Company or any Affiliate of the Company who has been selected as an eligible participant by the Administrator; provided, however, to the extent required to avoid accelerated taxation and/or tax penalties under Section 409A of the Code, an Eligible Recipient of an Option or a Stock Appreciation Right means an employee, non-employee director or independent contractor of the Company or any Affiliate of the Company with respect to whom the Company is an “eligible issuer of service recipient stock” within the meaning of Section 409A of the Code.

  • Designated recipient means a person chosen by a user using an online tool to administer digital assets of the user.

  • Service Recipient means, with respect to a Participant holding a given Award, the member of the Company Group by which the original recipient of such Award is, or following a Termination was most recently, principally employed or to which such original recipient provides, or following a Termination was most recently providing, services, as applicable.

  • Payment Recipient has the meaning assigned to it in Section 11.12(a).

  • Shareholder-Employee means a Participant who owns more than five percent (5%) of the Employer's outstanding capital stock during any year in which the Employer elected to be taxed as a Small Business Corporation under the applicable Code Section.

  • Awardee means the holder of an outstanding Award.

  • Option Holder means a Person or Entity who holds an unexercised and unexpired Option or, where applicable, the Personal Representative of such person.

  • Grantee means the Party receiving funds under this Contract. May also be referred to as "Contractor" in certain attachments.

  • Non-Key Employee means any Employee who is not a Key Employee.

  • Option Holders means the holders of the Options.

  • Eligible Person means individuals, corporations, trusts, the estates of deceased individuals, partnerships and unincorporated associations of persons;

  • Restricted Stock Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock Award grant. Each Restricted Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Subrecipient means an entity that:

  • Qualified service provider means a Person with specific educational training or at least two years of experience in delivering the Supportive Service(s).

  • Optionee means the holder of an outstanding Option or Stock Purchase Right granted under the Plan.

  • Nonemployee Director means a Director who is not an Employee.