Vested Securities definition

Vested Securities means (i) the Co-Invest Securities; and (ii) those Incentive Securities which at the relevant time have vested in accordance with this Agreement.

Vested Securities means all outstanding Executive Securities that are not Unvested Securities.

Vested Securities means the Securities held on your behalf through the Share Plan Account Service;

Examples of Vested Securities in a sentence

• 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.

• Any Unvested Securities which the LLC (or its assignees) has not elected to repurchase in the Repurchase Notice (as defined below) (including Unvested Securities originally included in the Repurchase Notice, but for which the election to repurchase was rescinded, pursuant to the terms of Section 3, by the LLC and/or its assignees having made such election) shall thereafter be deemed Vested Securities, but shall continue to be subject to Section 4.

• If the prospective transferee fails to purchase Vested Securities from any Participating Securityholder as to which such Participating Securityholder has exercised its rights under this Section 5 and the Transferring Securityholder fails to purchase such Vested Securities from the Participating Securityholder, the Transferring Securityholder shall not be permitted to make the proposed Transfer and any such attempted Transfer shall be subject to the penalty provisions of Section 4(e).

• The rights under this Section 3 of the LLC and/or its assignees to repurchase Vested Securities (but not Unvested Securities) shall terminate upon the consummation of a Public Offering.

• All Unvested Securities shall become Vested Securities if Executive's employment with the Corporation or any of its Subsidiaries terminates by reason of Executive's death or Disability.

More Definitions of Vested Securities

Vested Securities means the Securities held on your behalf through the Service;

Vested Securities means those Securities in respect of which an Award has Vested.Any reference in the Plan to any enactment includes a reference to that enactment as from time to time modified, extended or re-enacted. Where the context permits, the singular shall include the plural and vice versa and the masculine gender shall include the feminine.Expressions in italics and headings are for guidance only and do not form part of the Plan.

Vested Securities means the combination of (i) "Vested Securities", as defined in that certain Executive Securities Purchase Agreement dated as of December 15, 1994 by and among the Parties (the "Securities Purchase Agreement"), and (ii) "Vested Purchased Shares", as defined in that certain Stock Purchase Agreement dated as of December 15, 1995 by and between the Executive and SFAC (the "Stock Purchase Agreement"); and the term "Initial Securities" shall mean the combination of (i) "Initial Securities", as defined in the Securities Purchase Agreement and (ii) "Initial Purchased Shares", as defined in the Stock Purchase Agreement.

Vested Securities as defined in that certain Executive Securities Purchase Agreement dated as of December 15, 1994 by and among the Parties (the "Securities Purchase Agreement"), and (ii) "Vested Purchased Shares", as defined in that certain Stock Purchase Agreement dated as of December 15, 1995 by and between the Executive and SFAC (the "Stock Purchase Agreement"); and the term "Initial Securities" shall mean the combination of (i) "Initial Securities", as defined in the Securities Purchase Agreement and (ii) "Initial Purchased Shares", as defined in the Stock Purchase Agreement.

Vested Securities as used herein refer only to whether particular Executive Securities have time vested in accordance with the terms of this Section 2 and do not indicate whether such Executive Securities that constitute Performance Vesting Securities have or have not also performance vested under the Performance Vesting Agreement, and (B) the terms "Performance-Vested Securities" and "Un-Performance-Vested Securities" (each defined below) as used herein refer only to whether particular Performance Vesting Securities have performance vested in accordance with the terms of the Performance Vesting Agreement and do not indicate whether such Performance Vesting Securities have or have not also time vested under this Section 2.

Vested Securities means the Securities held on your behalf in the Share Plan Account through the Service which include:

Vested Securities means (i) all shares of Common Stock held by Participant as of the date hereof and (ii) all Purchased Shares, including any notional shares applied to the Matching Grant under the Deferred Compensation Plan, but does not include (x) any shares of Common Stock issued to Participant after the date hereof as payment under any current or future restricted stock unit or performance share award or (y) shares of Common Stock purchased by Participant after the date hereof that are not treated as Purchased Shares hereunder.