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Common use of Share Limits Clause in Contracts

Share Limits. The aggregate maximum number of Shares that may be issued in connection with ISOs shall be 750,000 Shares, subject to adjustment pursuant to Section 10 of the Plan.

Appears in 2 contracts

Sources: Equity Incentive Plan (Global Ship Lease, Inc.), Equity Incentive Plan (GSL Holdings, Inc.)

Related Clauses

  • Exceptions to Adjustment of Exercise Price
  • Certification of Adjusted Exercise Price or Number of Shares of Common Stock
  • Number of Shares; Exercise Price
  • Adjustments to Number of Shares
  • Certificate of Adjusted Exercise Price or Number of Shares

Parent Clauses

  • Shares Subject to Plan and Share Limits
  • Common Shares Subject to the Plan Share Limits
  • Modification of Ownership Limit
  • DURATION AND AMENDMENTS
  • PAYE

Sub-Clauses

  • Limits on Stock Grants and Stock Units
  • Limits on SARs
  • Limits on Options
  • Adjustments
  • Lapsed Awards
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