Examples of TimkenSteel Common Shares in a sentence
TimkenSteel will register the TimkenSteel Common Shares relating to the TimkenSteel Equity Compensation Awards and make any necessary filings with the appropriate Governmental Authorities as required under U.S. and foreign securities Laws.
All TimkenSteel Deferred Shares will be subject to the same vesting requirements and dates and other terms and conditions as the Timken Deferred Shares to which they relate (including the right to be credited with dividends or other distributions paid on TimkenSteel Common Shares).
Such TimkenSteel Performance Shares will be subject to the same vesting requirements and dates and other terms and conditions as the Timken Performance Shares to which they relate (including the right to receive dividends or other distributions paid on TimkenSteel Common Shares).
Such TimkenSteel Restricted Shares will be subject to the same vesting requirements and dates and other terms and conditions as the Timken Restricted Shares to which they relate (including the right to receive dividends or other distributions paid on TimkenSteel Common Shares).
On or as soon as practicable after the Distribution Date, the Agent will mail to each Record Holder an account statement indicating the number of whole TimkenSteel Common Shares that have been registered in book-entry form in such Record Holder’s name.
Fractional TimkenSteel Common Shares will not be distributed in the Distribution nor credited to book-entry accounts.
TimkenSteel shall be entitled to any Tax deduction or credit, as the case may be, relating to (A) the exercise of TimkenSteel Common Shares compensatory stock options or (B) restricted stock with respect to TimkenSteel Common Shares.
All investment options, including TimkenSteel Common Shares, shall be valued using the market value of such investments and the closing price of TimkenSteel Common Shares on the day preceding the distribution, but not to exceed seven (7) business days from the date forms are received by the Trustee.
The Trustee may, in its discretion and with the consent of the Company, cause the Trust to assume the rights and obligations of the Company at the time the Put Option is exercised, insofar as the repurchase of TimkenSteel Common Shares is concerned.
The Investment Committee may establish an investment policy statement for the Plan and shall regularly assess the holding of TimkenSteel Common Shares in the Trust.