Employee Rollover Shares definition

Employee Rollover Shares means Common Shares to be acquired by Stile or an Affiliate pursuant to an Employee Rollover Agreement.
Sample 1Sample 2Sample 3
Employee Rollover Shares means Shares which are to be acquired pursuant to an Employee Rollover Agreement;
Sample 1Sample 2
Employee Rollover Shares means the common shares in the capital of the Company held by the Masonite Securityholder specified in Schedule 1 which are to be acquired by Stile Holding pursuant to this Agreement;
Sample 1

Examples of Employee Rollover Shares in a sentence

  • Until surrendered as contemplated by this Section 4.1, each certificate of Shares (excluding Employee Rollover Shares) held by a Qualifying Shareholder shall be deemed at all times after the Effective Time to represent only the right to receive upon such surrender a cash payment as contemplated by this Section 4.1, less any amounts withheld pursuant to Section 4.5.

  • The Masonite Securityholder has the exclusive right to dispose of the Employee Rollover Shares and the Employee Rollover Options as provided in this Agreement and such disposition will not violate, contravene, breach or offend against or result in any default under any contract, Laws or Governmental Authorizations to which the Masonite Securityholder is a party or subject or by which the Masonite Securityholder is bound or affected.

  • The Masonite Securityholder hereby tenders to Stile Holding share certificates representing the Employee Rollover Shares duly endorsed in blank for transfer, or accompanied by irrevocable security transfer powers of attorney duly executed in blank and receipt by Stile Holding is hereby acknowledged.

  • All representations, warranties and covenants contained in this Agreement on the part of each of the Parties shall survive the Closing, the execution and delivery under this Agreement of any share or security transfer instruments or other documents of title to any of the Employee Rollover Shares and/or the Employee Rollover Options and the payment of the consideration for the Employee Rollover Shares and/or the Employee Rollover Options.

  • For greater certainty, but without limitation, the Masonite Securityholder shall have entered into (i) as part of the exchange of Employee Rollover Options, the Option Agreement, and (ii) as part of the exchange of Employee Rollover Options and/or the sale and purchase of Employee Rollover Shares, a management stockholders agreement and a sale participation agreement, in form and content satisfactory to Stile Holding.

  • It is intended that the transfer hereunder of the Employee Rollover Shares be on a tax-deferred basis to the Masonite Securityholder for purposes of the ITA and applicable provincial income tax statutes.

  • This included interviews, site visits, observations of video conference and conference calls, and frequent discussions with and presentations to GLOBALIS personnel regarding the team’s findings.

  • The cuts resulted in the Department’ reduction and/or total suspension of various programmes such as Reading Festivals, Procurement of Library Materials and so on.

  • The obligation of the Masonite Securityholder to complete the sale and purchase of the Employee Rollover Shares and/or the exchange of Employee Rollover Options under this Agreement shall be subject to the satisfaction of or compliance with, at or before the Closing Time, each of the conditions precedent set out in Sections 8.1 and 8.2 below (each of which is acknowledged to be inserted for the exclusive benefit of the Masonite Securityholder and may be waived by it in whole or in part).

  • Until surrendered as contemplated by this section 4.1, each certificate of Company Shares (excluding Employee Rollover Shares) shall be deemed at all times after the Effective Time to represent only the right to receive upon such surrender a cash payment as contemplated by this section 4.1, less any amounts withheld pursuant to section 4.5.


More Definitions of Employee Rollover Shares

Employee Rollover Shares means Company Shares which are to be acquired pursuant to an Employee Rollover Agreement;
Sample 1

Related to Employee Rollover Shares

  • Rollover Shares has the meaning given in the recitals.

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Grandfathered Stockholder has the meaning set forth in Section 1.1.

  • Company Stockholder means the holder of either a share of Company Common Stock or a share of Company Preferred Stock.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • Shareholder-Employee means a Participant who owns more than five percent (5%) of the Employer's outstanding capital stock during any year in which the Employer elected to be taxed as a Small Business Corporation under the applicable Code Section.

  • Company Stock Option Plans has the meaning ascribed to it in Section 2.6(c).

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Company Optionholder means a holder of Company Options.

  • Rollover Unit holder shall be defined as set forth in Section 5.05, herein."

  • Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).

  • Company Stock Option Plan means each stock option plan, stock award plan, stock appreciation right plan, phantom stock plan, stock option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any stock, option, warrant or other right to purchase or acquire capital stock of the Company or right to payment based on the value of Company capital stock has been granted or otherwise issued.

  • Employee Share Scheme means a scheme established by a company, whether by means of a trust or otherwise, for the purpose of offering 10 participation therein solely to employees and officers of the company or a subsidiary of the company, either—

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Rollover means the renewal of all or any part of any LIBOR Rate Loan upon the expiration of the Interest Period with respect thereto, pursuant to Section 2.3.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Parent Stock Plan has the meaning set forth in Section 6.2(a).

  • Employee Stock Purchase Plan means a plan that grants Purchase Rights intended to be options issued under an “employee stock purchase plan,” as that term is defined in Section 423(b) of the Code.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Company Optionholders means the holders of Company Options.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.