Sufficient Shares definition

Sufficient Shares means the smallest number of Shares that, when sold, will produce an amount at least equal to the relevant Tax Liability (after deduction of brokerage and any other charges or taxes on the sale);
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Sufficient Shares means the smallest number of Shares which, when sold, will produce an amount at least equal to the relevant Tax Liability (after deduction of brokerage and any other charges or taxes on the sale).
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Sufficient Shares means the smallest number of Option Shares which, when sold, will produce an amount at least equal to the relevant Tax Liability (after deduction of brokerage fees and any other charges or taxes on the sale). 1 Note to Draft: Language to be included for Danish recipients, only. 2 Note to Draft: Language to be included for UK recipients, only.
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Examples of Sufficient Shares in a sentence

  • Sufficient Shares or cash, as the case may be, shall be withheld from any distribution hereunder to satisfy the Company’s tax withholding requirements in respect of such distribution.

  • Sufficient Shares Registered for Resale.....................20 Section 7.11.

  • Sufficient Shares Registered for Resale.....................................19 Section 7.11.

  • Sufficient Shares Registered for Resale..........18 Section 7.11.

  • Sufficient Shares Registered for Resale.....................................18 Section 7.11.

  • Sufficient Shares Registered for Resale..............................................18 Section 7.11.

  • If a Participant does not fulfil his obligations under either Section 11.1(a) or Section 11.1(b) in respect of any Tax Liability arising from the Award of Restricted Stock Units within seven days after the date of the Taxable Event and Shares are readily saleable at that time the Company will sell Sufficient Shares on behalf of the Participant from the Shares which would otherwise be delivered to the Participant.

Related to Sufficient Shares

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Relevant Shares means ordinary share capital of the Approved Entity that constitutes equity share capital or the equivalent (or depositary or other receipts representing the same) which is listed and admitted to trading on a Regulated Market.