Conditional Shares definition

Conditional Shares means shares of Common Stock awarded under this Plan subject to conditions imposed by the Committee (as defined herein) or the conditions set forth in Section 6.2 or both.

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Conditional Shares means a conditional right to acquire Shares granted in accordance with rule 3;

Conditional Shares means shares of Common Stock issued under this Plan.

Examples of Conditional Shares in a sentence

• During the interim period, and provided the Conditional Shares as held by the Trustee shall not endow him the right to appoint a director to the Company’s board of directors.

• The Primary Agreement will be terminated, the Conditional Shares will be transferred by the Trustee to the Current Shareholders (except for Microdel) as stated above in section 3.2 and Microdel shall be entitled to continue to own only the Unconditional Shares.

• Only after the Conditional Shares have been transferred to Microdel (following the Success of the Offering) or to the Current Shareholders (following the Failure of the Offering) as relevant, shall the holders of the Conditional Shares enjoy all of the rights endowed to those shareholders according to the Company’s Articles of Incorporation.

• At the Closing, each Sponsor whose HMAUF Shares are not held by the IPO Escrow Agent shall transfer and deliver to the Escrow Agent under the Escrow Agreement such Sponsor’s Conditional Shares.

• The Amount of USD 80,000 for Interim Funding for the period of April-November 2009 shall be taken into account as part of the Conditional Shares and shall not entitle Microdel to any additional shares.

More Definitions of Conditional Shares

Conditional Shares means the number of shares of Common Stock and Preferred Stock (on the basis of one share of Common Stock for every four shares of Preferred Stock) that each Conditional Purchaser is obligated to purchase from Holdings in accordance with Section 2(a)(2); provided, however, that such Purchaser shall in no event be required to purchase a greater number of shares than set forth opposite such Purchaser's name on Annex II.

Conditional Shares shall have the meaning set forth in the introductory paragraph hereof. “Conditional Warrants” shall mean Warrants issued pursuant to, and in the form of Exhibit B-2 of, the Purchase Agreement. “Determination Date” shall have the meaning set forth in paragraph 1D hereof. “Dilution Fee” shall have the meaning set forth in paragraph 3A. “Exercise Period” shall have the meaning set forth in paragraph 1A. “Exercise Price” shall have the meaning set forth in the introductory paragraph hereof. “Exercise Time” shall have the meaning set forth in paragraph 1A. “Fair Market Value” shall have the meaning set forth in the Purchase Agreement. “Former CEO Options” shall mean the options issued to Mr. David ▇▇▇▇▇ ▇▇ ▇cquire, in the aggregate, 100,000 shares of Common Stock. “Fully Diluted Basis” shall mean, at any given time, the number of shares of Common Stock actually outstanding at such time, plus the number of Stock Equivalents then outstanding (including Warrants), regardless of their exercise price or its equivalent. “Imputed Notes” shall mean Notes with a principal amount equal to the maximum amount of Notes sold under the Purchase Agreement multiplied by the Warrant Fraction. “Imputed Primary Warrants” shall mean Primary Warrants in the aggregate amount sold or issued under the Purchase Agreement multiplied by the Warrant Fraction. “IRR” shall have the meaning set forth in the Purchase Agreement. “Liquidating Dividend” shall have the meaning set forth in paragraph 3B. “Organic Change” shall have the meaning set forth in paragraph 2D. “Parent” shall have the meaning set forth in the introductory paragraph hereof. “Person” shall mean an individual, a partnership, a joint venture, a corporation, a trust, an unincorporated organization and a government or any department or agency thereof. “Primary Warrants” shall mean all Warrants, other than any Conditional Warrants, issued pursuant to the Purchase Agreement. “Registered Holder” shall have the meaning set forth in the introductory paragraph hereof. “Securities” shall have the meaning set forth in paragraph 1D hereof. “Stage 1 Conditional Shares” shall have the meaning set forth in paragraph 1D hereof. “Stage 2 Conditional Shares” shall have the meaning set forth in paragraph 1D hereof. “Stage 3 Conditional Shares” shall have the meaning set forth in paragraph 1D hereof. “Stock Equivalents” shall mean any option, warrant, right or similar security or claim exercisable into, exchangeable for, or convertible to shares...

Conditional Shares means Shares comprised in a Conditional Share Award

Conditional Shares means the shares in the Company set out in Column C of Schedule 2;

Conditional Shares means shares within the meaning given for the purposes of sections 140A and 140B of the Income and Corporation Taxes Act 1988(40) in section 140C of that Act and, by virtue of section 140A(9) of that Act, includes securities issued by a company;

Conditional Shares means Shares which have been issued to an Eligible Employee subject to forfeiture provisions, vesting conditions and other restrictions set out in a Conditional Shares Award Agreement;

Conditional Shares means rights to take ownership of Shares on a future Vesting Date, subject to the fulfilment of the Performance Conditions and the Employment Condition, by virtue of a Long-Term Performance Award;