Unvested Shares definition
Unvested Shares means Shares that have not yet vested or are subject to a right of repurchase in favor of the Company (or any successor thereto).
Unvested Shares means "Unvested Shares" as defined in the Award Agreement.
Unvested Shares means “Unvested Shares” as defined in the Award Agreement for an Award.
Examples of Unvested Shares in a sentence
Cash dividends accrued on Unvested Shares shall be retained by ▇▇▇▇ until the underlying Shares have vested and restrictions lifted and shall be payable subject to fulfillment of the terms and conditions of this Agreement.
More Definitions of Unvested Shares
Unvested Shares means the total number of Shares multiplied by the Applicable Percentage at the time the Purchase Option becomes exercisable by the Company. The "Applicable Percentage" shall be (i) 100% during the 12-month period ending ____________, 200_, (ii) [75%] less [6.25%] for each three months of employment completed by the Participant with the Company from and after _________, 200_, and (iii) zero on or after ________, 200__.
Unvested Shares means the number of shares of Stock acquired upon exercise of the Option which exceed the Vested Shares determined as of such date.
Unvested Shares means the total number of Shares multiplied by the Applicable Percentage at the time the Forfeiture Right becomes exercisable by the Company. The “Applicable Percentage” shall be: (i) 100%, less 25% for each full calendar quarter of service completed by the Stockholder with the Company from and after March 31, 2005, and (ii) zero on or after March 31, 2006.
Unvested Shares means "Unvested Shares" as defined in the Option Agreement.
Unvested Shares means “Unvested Shares” as defined in the Award Agreement. “Vested Shares” means “Vested Shares” as defined in the Award Agreement.
Unvested Shares for all purposes of the Unvested Share Repurchase Option with the same force and effect as the Unvested Shares immediately prior to the Ownership Change Event. While the aggregate Repurchase Price shall remain the same after such Ownership Change Event, the Repurchase Price per Unvested Share upon exercise of the Unvested Share Repurchase Option following such Ownership Change Event shall be adjusted as appropriate. For purposes of determining the Vested Ratio following an Ownership Change Event, credited Service shall include all Service with any corporation which is a Participating Company at the time the Service is rendered, whether or not such corporation is a Participating Company both before and after the Ownership Change Event.
Unvested Shares means all Shares other than Vested Shares.