Threshold Shares definition

Threshold Shares means, with respect to any person as of any time, the sum of (without duplication): (a) any shares of capital stock of the Corporation, including Class A Common Stock, Class B Common Stock and Class C Common Stock, held by such person as of such time and (b) any shares of capital stock of the Corporation, including Class A Common Stock, Class B Common Stock and Class C Common Stock, underlying any securities (including restricted stock units, options, or other convertible instruments) held by such person as of such time, whether such securities are vested or unvested, earned or unearned, convertible into or exchangeable or exercisable as of such time or in the future.

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Threshold Shares means, with respect to each Shareholder, the number of shares of Common Stock held by such Shareholder as of the Threshold Date, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Common Stock occurring after the Threshold Date.

Threshold Shares means, with respect to an Applicable Holder as of a particular time, the sum of (without duplication): (a) any shares of capital stock of the Corporation, including Class A Common Stock and Class B Common Stock, held by such Applicable Holder or his Permitted Affiliates as of such time; and (b) any shares of capital stock of the Corporation, including Class A Common Stock and Class B Common Stock, underlying any Options or Convertible Securities held by such Applicable Holder or his Permitted Affiliates as of such time, whether such securities are vested or unvested, earned or unearned, convertible into or exchangeable or exercisable as of such time or in the future.

Examples of Threshold Shares in a sentence

• Upon the occurrence of your Death or Disability when the Trigger Event Price is equal to or greater than $38.00 but less than $46.00, a number of Designated Shares equal to the greater of (i) the Trigger Event Shares or (ii) the unvested Initial Threshold Shares if a 40% Qualification Event has previously occurred plus the unvested Second Threshold Shares if a 100% Qualification Event has previously occurred, will vest immediately, and the remaining Designated Shares shall be forfeited immediately.

• Upon the occurrence of a Change of Control when the Trigger Event Price is equal to or greater than $38.00 but less than $46.00, a number of Designated Shares equal to the greater of (i) the Trigger Event Shares or (ii) the unvested Initial Threshold Shares if a 40% Qualification Event has previously occurred plus the unvested Second Threshold Shares if a 100% Qualification Event has previously occurred, will vest immediately, and the remaining Designated Shares shall be forfeited immediately.

• The Threshold Shares shall be subject to appropriate and equitable adjustment in the event of stock splits, dividends, subdivisions, recapitalizations and similar transactions.

• If a Qualified Employment Termination occurs after the occurrence of a 100% Qualification Event, on the date of the Qualified Employment Termination, a number of shares equal to one-fifth of the Initial Threshold Shares and one-seventh of the Second Threshold Shares will vest immediately, and the remaining unvested Designated Shares shall be forfeited.

• Other than the registration rights specifically stated in this Agreement, no registration rights equal or senior to the registration rights set forth in this Article 5 may be granted by the Company to any party without the prior consent of the Preferred Holders holding at least, for so long as Blue Ridge China and EI each hold their respective Preferred Threshold Shares, seventy-five percent (75%), and otherwise, fifty percent (50%) of the Subject Shares.

More Definitions of Threshold Shares

Threshold Shares means, with respect to any person as of any time, the sum of (without duplication): (i) any shares of Class B Common Stock held by such person as of such time and (ii) any shares of Class B Common Stock underlying any securities (including restricted stock units, options, or other convertible instruments) held by such person as of such time, so long as such securities were also held by such person at the Effective Date, whether such securities are vested or unvested, earned or unearned, convertible into or exchangeable or exercisable as of such time or in the future.

Threshold Shares means, with respect to any share of Series C Common, the shares of Series B Common and Series C Common outstanding immediately after such share of Series C Common is issued (other than any shares of Series C Common issued on the same date as such share of Series C Common). The Threshold Shares shall also include any shares of capital issued with respect to the Threshold Shares in a share split, share dividend, share combination or other recapitalization involving such shares. For the avoidance of doubt, shares of Series A Common are not Threshold Shares.

Threshold Shares means with respect to any person as of any time, any Class B Common Stock and any Class B Common Stock underlying any securities (including restricted stock units, options or other convertible instruments) held by such person as of such time, whether such securities are vested or unvested, earned or unearned, or convertible into or exchangeable or exercisable for such shares of Class B Common Stock, as of such time or in the future.

Threshold Shares means (i) shares of Class B Common Stock and (ii) any other securities which may be converted into or exchanged for (x) Class B Common Stock or (y) other securities which may be converted into or exchanged for Class B Common Stock, in each case whether such securities are vested or unvested, earned or unearned.

Threshold Shares means the aggregate of the shares of Series A Convertible Preferred Stock issued pursuant to the Stock Purchase Agreements and the shares of Series A Convertible Preferred Stock issued pursuant to the 1999 Stock Purchase Agreements, plus any dividends paid in additional shares of Series A Convertible Preferred Stock, as adjusted for any subdivisions or combinations.

Threshold Shares means number of authorized but unissued shares of Common Stock that would have been delivered upon conversion of 10% of the principal amount of the Debentures outstanding at the Execution Time.

Threshold Shares means twenty-five percent (25%) of the Base Shares.