Vested Common Shares definition

Vested Common Shares. Except as provided by the Agreement and provided that the Participant’s Service has not terminated prior to the relevant date, the number of Vested Common Shares shall cumulatively increase on each respective date set forth below by the Vested Percentage set forth opposite such date, as follows: Common Share Vesting Date Vested Percentage Settlement Date 30% 1st Anniversary of Settlement Date 30% 2nd Anniversary of Settlement Date 40% Employment Agreement: Executive Employment Agreement between the Company and the Participant, as in effect at any applicable time. By their signatures below or by electronic acceptance or authentication in a form authorized by the Company, the Company and the Participant agree that the Award is governed by this Notice and by the provisions of the Plan and the Performance Share Agreement, both of which are made a part of this document. The Participant acknowledges that copies of the Plan, Performance Share Agreement and the prospectus for the Plan are available on the Company’s internal web site and may be viewed and printed by the Participant for attachment to the Participant’s copy of this Grant Notice. The Participant represents that the Participant has read and is familiar with the provisions of the Plan and Performance Share Agreement, and hereby accepts the Award subject to all of their terms and conditions. XXXX STORES, INC. PARTICIPANT By: Signature Its: Date Address: 0000 Xxxxxxxx Xxxxx Pleasanton, CA 94588 Address ATTACHMENTS: 2008 Equity Incentive Plan, as amended to the Grant Date, Performance Share Agreement and Plan Prospectus XXXX STORES, INC. PERFORMANCE SHARE AGREEMENT Xxxx Stores, Inc. has granted to the Participant named in the Notice of Grant of Performance Shares (the “Grant Notice”) to which this Performance Share Agreement (the “Agreement”) is attached an Award consisting of Performance Shares subject to the terms and conditions set forth in the Grant Notice and this Agreement. The Award has been granted pursuant to and shall in all respects be subject to the terms and conditions of the Xxxx Stores, Inc. 2008 Equity Incentive Plan (the “Plan”), as amended to the Grant Date, the provisions of which are incorporated herein by reference. By signing the Grant Notice, the Participant: (a) acknowledges receipt of and represents that the Participant has read and is familiar with the Grant Notice, this Agreement, the Plan and a prospectus for the Plan (the “Plan Prospectus”) in the form most recently prepared in...
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Vested Common Shares means shares of Common Stock outstanding immediately prior to the Effective Time to the extent such shares have become vested at the Effective Time (including shares that vest as a result of the Merger).
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Vested Common Shares means all shares of Company Common Stock other than Unvested Common Shares.
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Examples of Vested Common Shares in a sentence

  • Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the date of the Executive’s termination of employment.

  • Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.

  • In the event of the Termination for Cause or Voluntary Termination of the Participant on or after the Settlement Date, no additional Common Shares shall become Vested Common Shares.

  • For purposes of determining the number of Vested Common Shares following an Ownership Change Event, dividend, distribution or adjustment, 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 any such event.

  • No Common Shares may be sold, exchanged, transferred (including, without limitation, any transfer to a nominee or agent of the Participant), assigned, pledged, hypothecated or otherwise disposed of, including by operation of law, in any manner which violates any of the provisions of this Agreement and, except pursuant to an Ownership Change Event, until the date on which such shares become Vested Common Shares, and any such attempted disposition shall be void.

  • Any Performance Shares that become vested pursuant to this Section 8(e)(i)(1) shall be deemed to be Vested Common Shares and settled in full upon the Change in Control.

  • Subject to the Shareholders Agreement (if relevant), the Manager shall have the right, and, if so demanded by the Board, the obligation to, and the Board shall use reasonable efforts to procure that the Manager is enabled to, sell all of his Vested Common Shares (including the COC Vested Common Shares) to the acquiror | offeror on the effective date of the Change of Control at the COC Price.

  • Notwithstanding anything to the contrary herein, upon occurrence of a Change of Control and if the Manager did not elect to sell his Vested Common Shares into the Change of Control transaction, the Company shall have the unconditional right to purchase, at the sole discretion of the Company, all of the Manager's Vested Common Shares (including the COC Vested Common Shares) at the COC Price.

  • The aggregate proceeds paid at closing of a Change of Control transaction for COC Vested Common Shares shall be held in escrow with an escrow agent designated by the Company (the Escrow Amount).

  • In addition, all Unvested Common Shares held by the Manager hereunder are subject to the Repurchase Option and all Vested Common Shares held by the Manager hereunder remain subject to the restrictions set forth in the Shareholders Agreement (as long as applicable) and the Articles.


More Definitions of Vested Common Shares

Vested Common Shares means any Common Shares which have become vested in accordance with this Plan.
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Related to Vested Common Shares

  • Restricted Common Stock means shares of Common Stock which are, or which upon their issuance upon the exercise of any Warrant would be required to be, evidenced by a certificate bearing the restrictive legend set forth in Section 3.2.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

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

  • Fully-Diluted Common Stock means the aggregate of all outstanding Common Stock as of the date hereof, plus all shares of Common Stock issuable upon the exercise or conversion of securities exercisable for, or convertible into, shares of Common Stock of the Company which securities are outstanding or issuable as of the date hereof.

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

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

  • 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.

  • Amalco Common Shares means common shares in the capital of Amalco;

  • Underlying Common Stock means the Common Stock into which the Notes are convertible or issued upon any such conversion.

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

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

  • Common Shares means the common shares in the capital of the Corporation;

  • New Common Shares means the common stock or common equity of Reorganized XOG to be issued on the Effective Date.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Plan Shares means the total number of Common Shares which may be reserved for issuance as Optioned Shares under the Plan as provided in §2.2;

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

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.

  • Registered Common Shares means Common Shares that are, as of the date of consummation of a Business Combination, and have continuously been for the 12 months immediately preceding such date, registered under Section 12 of the Exchange Act.

  • Parent Common Shares means the common shares of the Parent;

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

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

  • Voting Common Stock means the voting common stock, par value $0.01 per share, of the Company.

  • Phantom Shares means an Award of the right to receive Shares issued at the end of a Restricted Period which is granted pursuant to Section 6(e) of the Plan.

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

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