Deferred Shares definition

Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

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Deferred Shares means an Award pursuant to Section 9 of the right to receive Shares at the end of a specified Deferral Period.

Deferred Shares means the deferred shares of £1 each in the capital of the Company;

Examples of Deferred Shares in a sentence

• Subject to and consistent with the provisions of the Plan, the Committee, at any time and from time to time, may grant Deferred Shares and/or Restricted Share Units to any Eligible Person, in such amount and upon such terms as the Committee shall determine.

• A Grantee awarded Deferred Shares or Restricted Share Units will have no voting rights with respect to such Deferred Shares or Restricted Share Units prior to the delivery of Shares in settlement of such Deferred Shares and/or Restricted Share Units.

• Delivery of Shares subject to a Deferred Shares grant will occur upon expiration of the deferral period or upon the occurrence of one or more of the distribution events described in Section 409A(a)(2) of the Code as specified by the Committee in the Grantee’s Award Agreement for the Award of Deferred Shares.

• An Award of Deferred Shares may be subject to such substantial risk of forfeiture conditions as the Committee may impose, which conditions may lapse at such times or upon the achievement of such objectives as the Committee shall determine at the time of grant or thereafter.

• Unless otherwise determined by the Committee, a Grantee will have the rights to receive Dividend Equivalents in respect of Deferred Shares and/or Restricted Share Units, which Dividend Equivalents shall be deemed reinvested in additional Shares of Deferred Shares or Restricted Share Units, as applicable, which shall remain subject to the same forfeiture conditions applicable to the Deferred Shares or Restricted Share Units to which such Dividend Equivalents relate.

More Definitions of Deferred Shares

Deferred Shares means the Deferred Ordinary Shares with a nominal value of €1.00 each in the capital of the Company;

Deferred Shares means the right granted pursuant to Section 9 hereof to receive Shares at the end of a specified deferral period or periods and/or upon attainment of specified performance objectives.

Deferred Shares means deferred shares of £0.01 each in the capital of the Company arising on Conversion;

Deferred Shares means deferred shares within the meaning of the Act;

Deferred Shares means deferred shares of £[•] each in the capital of the Company from time to time;

Deferred Shares means deferred shares of £[●] each in the capital of the Company from time to time;

Deferred Shares means an Award payable in Common Shares at the end of a specified deferral period that is subject to the terms, conditions and limitations described or referred to in Section 7(d)(iv).