Share Ownership Requirements. For purposes of the share ownership requirements of the Trust’s governance guidelines, the Shares issued to the Grantee under the Program shall be treated as though they were restricted shares that became vested upon issuance. However, any share ownership requirement that results from this provision shall immediately lapse upon the Grantee’s termination of employment with the Employer.
Share Ownership Requirements a. The Executive will be subject to the RBA Pubco’s share ownership guideline policy, as amended from time to time.
Share Ownership Requirements a. The Executive will be subject to the Employer’s share ownership guideline policy, as amended from time to time.
Share Ownership Requirements. You are expected to acquire and retain Shares with a fair market value equal to a specified multiple of your total cash compensation (your “Share Ownership Requirement”). If you do not currently meet your Share Ownership Requirement, you must retain 100% of any Award distribution which you receive under section 2 (which will be net of any tax withholdings) until your Share Ownership Requirement is satisfied. Thereafter you must maintain ownership of a sufficient number of Shares to ensure that your Share Ownership Requirement remains satisfied. The satisfaction of the requirements of this section 3 will be reviewed periodically as determined by the Committee. In addition, you may not dispose of any portion of the beneficial interest in Shares received (net of any withheld Shares) on account of the Award within 12 months after the Shares are delivered to you, or such earlier time as you cease to be a “named executive officer” of the Company.
Share Ownership Requirements. You are expected to own shares of Company Stock with a fair market value equal to a multiple of your total cash compensation (the “Share Ownership Requirement”). If you do not currently meet your Share Ownership Requirement, you must retain 50% of any Award distribution which you receive under Section 2 (which will be net of any Company tax withholdings) until the Share Ownership Requirement is satisfied. Thereafter you must maintain ownership of a sufficient number of shares of Company Stock to ensure that the Share Ownership Requirement remains satisfied. The satisfaction of the requirements of this Section 3 will be reviewed periodically as determined by the Committee.
Share Ownership Requirements a. The Executive will be subject to the Parent's share ownership guideline policy, as amended from time to time.
Share Ownership Requirements. Notwithstanding anything else in this Agreement to the contrary, none of this Option shall become exercisable with respect to any Shares and shall be forfeited unless the Optionee shall "beneficially own" (within the meaning of both Rule 13d-3 and Rule 16a-1 as promulgated by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended (the "1934 Act"), and as currently in effect) not later than February 8, 1999 Two Hundred Thousand (200,000) Shares and shall continuously own at least that number of Shares until the earliest to occur of (i) a Change of Control, (ii) the termination of the Optionee's employment for any of the reasons described in Section 5(a), (b), (c) or (d) and (iii) January 7,
Share Ownership Requirements. The Executive will be required to comply with the Company's written share ownership requirements as in effect from time to time. A summary of the guidelines currently in effect is attached hereto as Exhibit C.
Share Ownership Requirements. Executive will be subject to the Company's executive share ownership requirements. These requirements are subject to review by the Compensation Committee from time to time, and currently require that, within five years, an executive in the position of Chief Operating Officer must hold Company shares with a value of three times his base salary. Executive will also be subject to the Company's trading policy applicable to Company executives, which requires Executive to provide advance notice to, and obtain preapproval from, the Company's legal department should he intend to exercise Options, or buy or sell Company shares, and provide the detail of any proposed transaction. Executives are not permitted to enter into “hedging” transactions (such as puts, calls, straddles, or collar transactions) relating to Company securities, nor may they pledge any of their Company securities as collateral for a loan.
Share Ownership Requirements. 3.1 The Parties agree that no Brookfield Director will be subject to the provisions of any share ownership policies or guidelines of Clarios that requires members of the Board of Directors of Clarios to own common shares or common share equivalents in Clarios.
