Time Vested Shares definition

Time Vested Shares means a number of Common Shares equal to the sum of (i) the number of Class B Time-Vesting Shares (as defined in the applicable Class B Restricted Share Agreements) that are vested (or which become vested) as of the applicable Measurement Date; and (ii) the number of additional Common Shares that would have been vested (or which would have become vested) as of the applicable Measurement Date, assuming for this purpose that 40% of the Common Shares available under the Share Incentive Plan that are unallocated as of the Measurement Date had been granted to one individual as Class B Time-Vesting Shares on the Effective Date.
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Time Vested Shares means Shares that vest on a specified date.
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Time Vested Shares. 399 shares of previously granted, but unvested shares of stock will be vested effective April 19, 2013. During the interim, dividends will continue to be paid to the Employee on said shares. Health Benefits: Employee and currently covered dependents will continue to be covered under Whitestone's Medical, Dental and Vision insurance benefit plans through March 1, 2013, at the same premium contribution rates paid by active Whitestone employees.
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Examples of Time Vested Shares in a sentence

  • The portion which shall vest shall be determined by the following formula (rounded to the nearest whole Share):(A x B) – C, whereA = the total number of Time Vested Shares granted under this Agreement,B = the number of completed months to the date of termination of employment since the Effective Date of Grant divided by 36, andC = the number of Time Vested Shares granted under this Agreement which vested on or prior to the date of termination of employment.

  • All Performance Vested Shares and all Time Vested Shares which were subject to a Period of Restrictions on the date of employment termination and which will not be vested pursuant to the first two sentences of this Section 2(a)(ii), shall be forfeited to the Company, for no consideration.

  • Vesting of the Executive’s outstanding equity awards with respect to stock of the Company or any successor (including outstanding Options, SARs, Performance Awards and Time Vested Shares) shall be accelerated in full.

  • Each share of Time Vested Shares represents the right to receive one share of Unit common stock.

  • The Stock Bonus shall be divided with 60% being performance vested shares (the "Performance Shares") and 40% being time vested shares (the "Time Vested Shares").

  • No exclusive franchise or grant of privilege with respect to any utility shall ever be granted.

  • If an Acceleration Event occurs on or before December 31, 2002, all Time Vested Shares shall be released from the Repurchase Option immediately prior to the Acceleration Event.

  • Each grant of Time Vested Shares shall vest as to one-third of the Shares on each of the third, fourth and fifth anniversaries of the grant date.

  • Xxxxxxx.” Notwithstanding the foregoing, the Committee may, in its sole discretion, cause the Time Vested Shares to be held in book-entry form on behalf of the Participant without the issuance of certificates.

  • Accordingly, provided no Repurchase Events shall have taken place, the Employee shall acquire a vested interest in, and the Repurchase Right provided in Section 4.1 shall lapse with respect to, the Time Vested Shares, in accordance with such Vesting Schedules.


More Definitions of Time Vested Shares

Time Vested Shares means a number of Common Shares equal to the sum of (i) the number of Class B Time-Vesting Shares (as defined in the applicable Class B Restricted Share Agreements) that are vested (or which become vested) as of the applicable Measurement Date; and (ii) the number of
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Time Vested Shares means the restricted Shares described in Section 5.3(a), which shall be granted in the form of restricted stock units payable in Shares.
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Time Vested Shares. You were granted <XXX> shares that vest on a four year 25% vesting schedule as follows:
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Time Vested Shares. Performance Vested Shares" and "Repurchase Option" used in this Section 4 shall have the respective meanings set forth in the Restricted Stock Agreement dated May 31, 2000 (as amended to the date hereof and as amended, modified or restated from time to time, the "RSA"), between the Company and you.
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Time Vested Shares means the Shares listed as Time Vested Shares on Annex I.
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Related to Time Vested Shares

  • Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Company Restricted Shares Section 2.4(c)

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • RSUs means restricted stock units.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

  • RSU Shares means shares of Common Stock that underlie an RSU.

  • Dividend Shares means any shares of Common Stock issuable in lieu of cash dividends paid or to be paid on the Series A Preferred.

  • Company Restricted Share means each restricted share of Company Common Stock outstanding as of the Effective Time granted pursuant to any equity or compensation plan or arrangement of the Company.