Voluntary Shares definition

Voluntary Shares means shares of Class A Common Stock that are issued or transferred to a Director in accordance with Section 4.1(c) in respect of the Director’s Voluntary Amount.

Voluntary Shares. The meaning set forth in Section 3.2(b).

Voluntary Shares means shares that are issued at no par value and are not a part of risk capital and are administered in accordance with Rule 15.

Examples of Voluntary Shares in a sentence

• Shares shall be subject to the restrictions set forth in this Plan, whereas Voluntary Shares shall not be so restricted.

• Shares and Voluntary Shares shall be fully paid, nonassessable shares of Class A Common Stock.

• Shares and Voluntary Shares may be shares of original issuance or treasury shares or a combination of the foregoing and, in the discretion of the Company, may be issued as certificated or uncertificated shares.

• When whole Shares are issued by the Company to the Director on January 1, the amounts in such accounts shall be reduced by that amount which (when added to the Required Retainer Shares and Voluntary Shares for such Director for such quarter) results in the issuance of the maximum number of Shares to such Director.

• Except for any restrictions required by law, a Director shall have all rights of a stockholder with respect to his Voluntary Shares.

More Definitions of Voluntary Shares

Voluntary Shares means shares that are issued at no par value, and which do not form part of risk capital and are administered as withdrawable savings.

Voluntary Shares means shares paid in cash that are with-drawable upon request in accordance with conditions as prescribed by Rule 16. Dividend shall be made payable as determined yearly by the Annual General Meeting.

Voluntary Shares means shares that are issued at par value and not a part of risk capital but are risk liabilities and are administered in accordance with Article III, Rule 17.

Voluntary Shares means any number of shares in addition to the Mandatory Shares acquired by a Member and which are subject to the Special Rules related to Voluntary Shares.

Voluntary Shares means funds that are withdrawable and may be used as collateral subject to terms and conditions provided in the By-Laws.

Voluntary Shares means shares of Class A Common Stock which are issued to a Director in accordance with Section 4.1(c) and which represent the Director’s Voluntary Amount.

Voluntary Shares means shares of Class A Common Stock which are purchased voluntarily in accordance with Section 4.1(c).