Conditional Share definition

Conditional Share means a conditional right to a WBC Share Granted to an Employee and if Accepted by that Employee, will Vest subject to the fulfilment of the Vesting Conditions;
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Conditional Share means a share of the Common Stock of the Company, such share becoming the sole property of a Participant upon the fulfillment of performance and/or tenure requirements as set forth by the Committee pursuant to Section 7 of the Plan.
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Conditional Share means a conditional right on the part of a Participant to acquire a Share, the Vesting of which is subject to the fulfilment of the Employment Condition and the Performance Condition (if applicable) as specified in the Award Notice;
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Examples of Conditional Share in a sentence

  • Subsequently on 15 July 2011, the Conditional Share Sale Agreement was assigned by the Company to its wholly-owned subsidiary, TSH Logistics Sdn Bhd.

  • The Company had on 7 January 2010 entered into Conditional Share Sale Agreement to acquire 500 ordinary shares of Rp1 million each, representing 100% equity interest in PT Bulungan Citra Agro Persada (“PTBCAP”) for a total purchase consideration of USD5.0 million inclusive of liabilities to be assumed.

  • On 15 December 2005, it was announced that the Company had entered into a Conditional Share Subscription Agreement (“CSSA”) with SYHSB to develop 6 lots of land under Provisional Leases of a joint-venture company namely Danum Jaya Sdn Bhd (“DJSB”).

  • ADC Therapeutics SA (the “Company”) has granted the Participant, effective as of the Grant Date (as set forth below), an award of RSUs (the “RSU Award” or the “Award”) under the ADC Therapeutics SA Conditional Share Capital Plan (as amended from time to time, the “Plan”).

  • The Ordinary Shares that may be issued from the Conditional Share Capital, if and when such Ordinary Shares are issued pursuant to the Articles of Association, the 2021 EIP, any applicable contractual arrangements and Swiss law, and after the subscription amount for such Ordinary Shares has been paid-in in cash or by way of set-off, and when such Shares have been entered into the Company's book of uncertificated securities, will be validly issued, fully paid as to their nominal value and non-assessable.

Related to Conditional Share

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Proportional Share means the annual revenue of a health care institution received in the form of medical assistance reim- bursement or public employee insurance from the state, divided by the total annual revenue of the health care institution.

  • Common Share means one share of the common stock of the Company.

  • Ordinary Share means a Class A Ordinary Share or a Class B Ordinary Share;

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.