Unvested Securities definition

Unvested Securities means those Executives Securities which at any time are not Vested Securities.

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Unvested Securities means (i) any Common Units, (ii) any Executive Securities issued to Executive in connection with the Management Rollup, (iii) any Executive Securities issued upon dissolution and liquidation of

Unvested Securities means the sum of: (a) the aggregate number of shares of Restricted Stock; plus (b) the aggregate number of Common Shares issuable upon exercise of all Unvested Options.

Examples of Unvested Securities in a sentence

• For purposes of clarity, to the extent the vesting or other provisions of any Unvested Securities conflict with the terms of this Section, the terms of this Section shall govern.

• Upon termination of this Agreement by the Company due to Disability pursuant to Paragraph 6(b), (i) the Company shall pay the Executive the Compensation Payment; (ii) the Company shall pay the Executive the Reimbursement; and (iii) any Unvested Securities shall immediately be issued (in the case of the stock grants) and become exercisable (in the case of the stock options, warrants or other convertible securities).

• For purposes of clarity, to the extent the vesting or other provisions of any Unvested Securities conflict with the terms of this Paragraph 7(b), the terms of this Paragraph 7(b) shall govern.

• For purposes of clarity, to the extent the vesting or other provisions of any Unvested Securities conflict with the terms of this Paragraph 7(a), the terms of this Paragraph 7(a) shall govern.

• For purposes of clarity, to the extent the vesting or other provisions of any Unvested Securities conflict with the terms of this Paragraph 7(f), the terms of this Paragraph 7(f) shall govern.

• For purposes of clarity, to the extent the vesting or other provisions of any Unvested Securities conflict with the terms of this Paragraph 7(e), the terms of this Paragraph 7(e) shall govern.

• Notwithstanding anything to the contrary contained in this Agreement or the LLC Agreement, the Executive may transfer any Vested Securities or Unvested Securities (or rights therein) to his estate upon his death or for estate planning purposes to his spouse, lineal descendants, or trusts for the benefit of such individuals of which Executive is the sole trustee, pursuant to arrangements approved by the Company.

• Executive shall automatically have no further rights as an owner with respect to the Unvested Securities immediately upon such Repurchase Event.

• Upon a Repurchase Event, the Repurchase Price for all Unvested Securities then owned by Executive shall be the greater of (a) $0.01 in the aggregate and (b) the aggregate Common Contribution made by the Executive with respect to such Unvested Securities (including the amount of principal and interest outstanding on the note, if any, issued by Executive in favor of the Company in connection with the Executive's Common Contribution).

• Executive shall not sell, transfer, assign, pledge or otherwise dispose of (whether with or without consideration and whether voluntarily or involuntarily or by operation of law) (a "Transfer") any interest in Unvested Securities, and shall not Transfer any other interest in Common Units except pursuant to (A) the repurchase provisions of Section 3 hereof (B) Section 3.8 of this Agreement or (C) the LLC Agreement.

More Definitions of Unvested Securities

Unvested Securities means the Ordinary Shares subscribed for by certain employees of the Company’s group which have not vested pursuant to the provisions of the applicable agreements entered into by such employees, the Company and the Bain Investors.

Unvested Securities means shares of Parent Common Stock, Parent Options or Milestone Warrants which are unvested pursuant to the vesting schedule set forth in Section 1.9 as of the relevant time.

Unvested Securities has the meaning ascribed to such term as set forth in the Management Investment Deed (as supplemented by the Management Equity Term Sheet).

Unvested Securities means (i) any Common Units, (ii) any Executive Securities issued upon dissolution and liquidation of Investors LLC in respect of such Executive Securities and (iii) any securities issued directly or indirectly in respect of any of the foregoing securities in clauses (i) or (ii) by way of a split, dividend, distribution or other division of securities, or in connection with a combination of securities, recapitalization, merger, consolidation, or other reorganization, or upon conversion, exchange or exercise of any of the foregoing securities; in each case which securities have not vested in accordance with the terms and conditions of this Agreement. “Vested Securities” means all outstanding Executive Securities that are not Unvested Securities.