Unvested Awards definition

Unvested Awards means Options or Restricted Stock that (i) were granted to an individual in connection with such individual’s position as a Service Provider and (ii) are still subject to vesting or lapsing of Company repurchase rights or similar restrictions.

Unvested Awards means any Award that (i) was granted to an individual in connection with such individual’s position as a Service Provider and (ii) is still subject to vesting or lapsing of Company repurchase rights or similar restrictions.

Unvested Awards means Options or Restricted Stock that (i) were granted to an individual in connection with such individual’s position as an Employee and (ii) are still subject to vesting or lapsing of Company repurchase rights or similar restrictions.

Examples of Unvested Awards in a sentence

• On the basis of the Share Award Offer Price of HK$10.22 per Unvested Award or 2019 Award, 2,001,410 Unvested Awards and the Estimated Number of 2019 Awards (assuming the Roll-over Arrangements are not implemented, the vesting of the 2019 Vesting Awards is deferred and the 2019 Awards are granted in July 2019) as at the Last Trading Day, the Share Award Amount is approximately HK$30 million.

• If and to the extent the 2019 Awards are granted, following such grant and hence the determination of the final number of Unvested Awards as at the Effective Date, the Scheme Document will set out an updated confirmation by BofAML as to whether it is satisfied that sufficient financial resources are available to the Offeror for the full implementation of the Proposal, including cancellation of all of the 2019 Awards (assuming the Roll-over Arrangements are not implemented).

• The Participating Management Shareholders, both of whom are Scheme Shareholders, hold in aggregate 858,135 Shares and 785,994 Net Unvested Awards (assuming the full vesting or cash cancellation (as applicable) of the 2019 Vesting Awards), in each case, as at the Latest Practicable Date.

• The Offeror will make the Share Award Offer to cancel all of the Non Roll-over Awards (if the Roll-over Arrangements are implemented, including the 2019 Awards to the extent granted and which do not constitute Roll-over Awards), or all of the Unvested Awards (if the Roll-over Arrangements are not implemented), in each case, to the extent they have not otherwise lapsed or been cancelled, in return for the Share Award Offer Price for each Non Roll-over Award or Unvested Award (as applicable) cancelled.

• If the Roll-over Arrangements are not implemented and the vesting of the 2019 Vesting Awards is deferred, all of the Unvested Awards (including the 2019 Awards to the extent granted) will be subject to the Share Award Offer.

More Definitions of Unvested Awards

Unvested Awards has the meaning given to it in Paragraph 2.1 of Schedule III; “VAT” (a) in relation to any jurisdiction within the European Union, the value added tax provided for in Directive 2006/112/EC and charged under the provisions of any national legislation implementing that directive or Directive 77/388/EEC together with legislation supplemental thereto; and (b) to the extent not included in (a), any value added tax imposed by Value Added Tax Xxx 0000 and legislation and regulations supplemental thereto; and (c) any other Tax of a similar nature to the Tax referred to in (a) or (b), whether imposed in a member state of the European Union in substitution for, or levied in addition to, the Tax referred to in (a) or (b) or imposed elsewhere;

Unvested Awards means the Stock Awards granted to Employee which remain unvested upon the separation of Employee's employment pursuant to the terms of the Stock Agreements.

Unvested Awards means Options or Restricted Stock that (i) were granted to an individual in connection with such individual’s position

Unvested Awards means the Awards the Class Member had received prior to the Share Acquisition Date in accordance with the related Award Agreements, which had not vested prior to that date.

Unvested Awards means all Unvested Company RSUs and Unvested Company MSUs, other than the Forfeited Company MSUs.

Unvested Awards has the meaning set forth in Section 5.09(c).

Unvested Awards means Options, Restricted Stock or Other Stock Based Awards that (i) were granted to an individual in connection with such individual’s position as a Service Provider and