Deferred Share definition

Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;
Deferred Share means a right to receive a specified number of Shares during specified time periods pursuant to Article 8.
Deferred Share means a right to receive Shares awarded under Section 7.3.

Examples of Deferred Share in a sentence

  • Deferred share units:The Company has a Deferred Share Unit Plan under which eligible directors of the Company receive awards of deferred share units on a quarterly basis as payment for 50% to 100% of their director fees earned.

  • On a winding up of the Company, the holder of a Deferred Share shall not be entitled to any repayment of capital except for whichever is the lesser of: (i) US$0.01 per Deferred Share; or (ii) the nominal value of each such Deferred Share, payable, in either such case, only after the sum of US$10,000 has been paid in respect of each Ordinary Share.

  • Item 4 – Approval of Deferred Share Unit Plan The Board has adopted a deferred share unit plan (the “DSU Plan”) effective July 1, 2015, the particulars of which are described below.

  • Subject to the provisions of the Acts and to any relevant authority of the Company in general meeting required by the Acts, the Board shall be entitled, for the purpose of giving effect to any conversion, consolidation or sub-division of Deferred Shares into any other class of shares of the Company, to nominate a person to execute any form of transfer or other document necessary to give effect thereto as attorney or agent for the holder of any such Deferred Share.


More Definitions of Deferred Share

Deferred Share means a credit to a Participant's deferral account under Section 7 which represents the right to receive one Share upon settlement of the deferral account. Deferral accounts, and Deferred Shares credited thereto, are maintained solely as bookkeeping entries by the Company evidencing unfunded obligations of the Company.
Deferred Share means a right to receive a specified number of Shares or ADSs during specified time periods pursuant to Section 8.4 hereof.
Deferred Share means a contractual right to receive one Share on a deferred basis in accordance with the terms of the Plan.
Deferred Share means the deferred share units that confer upon a Participant the right to receive Shares at the end of a specified deferral period as set forth in Article IX.
Deferred Share means a conditional right to receive a number of shares of Common Stock upon vesting.
Deferred Share means a non-voting unit of measurement which is deemed solely for bookkeeping purposes under the Plan to be equivalent to one outstanding share of Common Stock (subject to Section 4.4(b)(4)).
Deferred Share means the grant of a Stock Award consisting of a contractual right to receive a Share in the future after attainment of the vesting criteria established by the Administrator.