Vested Equity definition

Vested Equity means any (1) Shares owned of record by any Holder, plus (2) without duplication, Shares issued to any Holder subject to any award agreement that has vested in accordance with the terms thereof and beneficially owned by the Holder or Transferred by such Holder to the Company to generate cash for the payment of taxes, including estimated taxes, due as a result of such vesting.
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Vested Equity means any Options which are vested on the date of a Participant’s termination of employment, together with any Stock acquired by such Participant upon the exercise of any Options.
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Examples of Vested Equity in a sentence

  • The Participant shall make an offer to have the Exercised Rights exchanged and redeemed only by delivering an Exercise Notice (substantially in the form attached as Exhibit A) (or other notification consistent with the Parent’s procedures in connection with an Electronic Exercise, as the case may be) to the Parent, and therein setting forth the Vested Equity Appreciation Rights offered to the Parent for exchange and redemption.

  • Accelerated Equity Awards and Vested Equity Awards that constitute options shall remain outstanding and be exercisable in accordance with the Plan, the Equity Plan and award agreements thereunder.

  • As of the date of this Agreement, there are (A) outstanding Vested Equity Awards with respect to options to purchase 1,430,790 Class A Shares, (B) outstanding Unvested Equity Awards with respect to options to purchase 3,382,192 Class A Shares, and (C) outstanding Unvested Equity Awards with respect to 3,339,000 Restricted Shares.

  • If the Executive’s employment is terminated because of the Executive’s resignation, without Good Reason, the Executive will be entitled only to the Accrued Obligations and the Vested Equity Benefits.

  • For avoidance of doubt, this Section shall be without prejudice to the Administrator’s or the Managers’ discretion to provide payment for all or any portion of the amount that the Participant would have received upon exercise of all Vested Equity Appreciation Rights immediately before (and in the absence of) the Forfeiture Event pursuant to Section 4(a) of this Award Agreement.

  • In the event of the termination of the Executive’s employment following the expiration of the Term, the Executive shall be entitled only to the Accrued Obligations and the Vested Equity Benefits.

  • Pro-Rated Vested Equity Awards (as defined in Section 4(g) below).

  • At or prior to the Closing, Parent shall deposit (or cause to be deposited) with the Company, by wire transfer of immediately available funds, the aggregate Vested Equity Award Consideration owed to all holders of Vested Company Options, Vested Company RSUs and Vested Company PSUs (collectively, the “Vested Equity Award Holders”).

  • Until the one (1) year anniversary of the closing of the Initial Public Offering, no Person that is an Employee and Other Investor shall Transfer a number of Shares exceeding fifty percent (50%), in the aggregate, of the Vested Equity of such Employee and Other Investor at the time of Transfer (for the avoidance of doubt, excluding any Excluded Transfers).

  • All payments of interest accrued hereunder shall be paid only at the date of payment by Holdings for the Vested Equity being purchased.

Related to Vested Equity

  • Adjusted Equity means the Equity funded in Indian Rupees and adjusted on the first day of the current month (the “Reference Date”), in the manner set forth below, to reflect the change in its value on account of depreciation and variations in WPI, and for any Reference Date occurring:

  • Transferred Equity means the equity interest in the Company which the WFOE has the right to request either of the Company Shareholders to transfer to it or its designated entity or individual in accordance with Article 3 hereof when the WFOE exercises its Equity Transfer Option, the quantity of which may be all or part of the Option Equity and the specific amount of which shall be determined by the WFOE at its sole discretion in accordance with the then-effective PRC Law and based on its commercial consideration.

  • Qualified Equity Interests means all Equity Interests of a Person other than Disqualified Equity Interests.

  • Qualified Equity Interest means, with respect to any Person, any Equity Interest of such Person that is not a Disqualified Equity Interest.

  • Excluded Equity means any Voting Stock in excess of 66% of the total outstanding Voting Stock of any direct Subsidiary of any Grantor that is a Non-U.S. Person. For the purposes of this definition, “Voting Stock” means, as to any issuer, the issued and outstanding shares of each class of capital stock or other ownership interests of such issuer entitled to vote (within the meaning of Treasury Regulations § 1.956-2(c)(2)).