Incentive Security definition

Incentive Security means an option or other security of the Company convertible or exercisable into or exchangeable for Common Shares granted pursuant to any Share Incentive Plan.
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Incentive Security means a Unit awarded by the Committee hereunder, constituting a “Unit” under the Operating Agreement, which is subject to forfeiture until it becomes vested, as described in this Plan and the Participant’s Equity Grant Agreement, the Securityholders’ Agreement and the Operating Agreement, and which is an “Incentive Security” as separately defined in the Securityholders’ Agreement.
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Incentive Security means the Net Project Incentive Payments withheld by the IESO as incentive security upon the election by the Participant in a Participant Security Election to provide incentive security and released to the Participant in accordance with Section 6.2 hereof;
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Examples of Incentive Security in a sentence

  • If any Incentive Security is provided under the EIP in error or by mistake to a person (Mistaken Recipient) who is not the intended recipient, the Mistaken Recipient will have no right or interest, and will be taken never to have had any right or interest in, that Incentive Security and the Incentive Security will immediately lapse or be forfeited (as applicable).

  • If any Incentive Security is provided under the EIP in error or by mistake to a person ( Mistaken Recipient) who is not the intended recipient, the Mistaken Recipient will have no right or interest, and will be taken never to have had any right or interest in, that Incentive Security and the Incentive Security will immediately lapse or be forfeited (as applicable).

  • This Part explores the doctrine and the thorny issues it has raised.

  • Incentive Security a Restricted Share, Right and/or Option (as the case may be) TermMeaning Listing Rules the official Listing Rules of the ASX and any other exchange on which the Company is listed as they apply to the Company from time to time.

  • Vesting Condition performance, service or other conditions that must be satisfied or circumstances which must exist before an Incentive Security Vests under these Rules.

  • Participant a person who has been allocated an Incentive Security or Share under the terms of these Rules from time to time.

  • The Option Plan and Incentive Security Plan were both approved by the former shareholders of Lone Pine Resources Inc.

  • The concrete procedures of healthcare, although they belong to the health, but the availability of health care is a matter of social policy (Tomeš, 2011, p.

  • If there is a reorganisation of the share capital of the Company, including consolidation, subdivision, reduction or return of issued capital, the number of or exercise price of an Incentive Security will be adjusted in the way specified by the Listing Rules from time to time.

  • Exercise Price: The exercise price for each Incentive Security will be set out in the Invitation.


More Definitions of Incentive Security

Incentive Security means any one of them;
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Incentive Security means, in the context of the Large Project Incentive Schedule, the Net Project Incentive payments withheld by the IESO as Incentive security upon the election by the Participant to receive payments under Section 4.3 of the Large Project Incentive Schedule;
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Incentive Security means an option or other security of Genworth Canada convertible or exercisable into or exchangeable for Common Share(s) granted pursuant to any Share Incentive Plan;
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Related to Incentive Security

  • Derivative Security means any right, option, warrant or other security convertible into or exercisable for Common Stock.

  • Executive Securities means the Class A Common acquired by the Executive and will include units of the Company's Common Interests issued with respect to Executive Securities by way of a split, dividend, combination, exchange, conversion, or other recapitalization, merger, consolidation or reorganization. Executive Securities will cease to be Executive Securities when transferred pursuant to a Qualified Public Offering or Sale of the Company. Executive Securities will continue to be Executive Securities in the hands of any holder other than the Executive, including all transferees of the Executive (except for the Company and the Investor (or its designee)), and except as otherwise provided herein, each such other holder of Executive Securities will succeed to all rights and obligations attributable to the Executive as a holder of Executive Securities hereunder.

  • Definitive Security means a certificated Initial Security or Exchange Security (bearing the Restricted Securities Legend if the transfer of such Security is restricted by applicable law) that does not include the Global Securities Legend.

  • Restricted Definitive Security means a Definitive Security bearing the Private Placement Legend.

  • Unrestricted Definitive Security means Definitive Securities and any other Securities that are not required to bear, or are not subject to, the Restricted Securities Legend.

  • Derivative Securities means any securities or rights convertible into, or exercisable or exchangeable for (in each case, directly or indirectly), Common Stock, including options and warrants.

  • Definitive Securities means Bearer Securities in definitive form and includes any replacement ETP Security issued pursuant to these Conditions.

  • Performance Security means monetary guarantee to be furnished by the successful Tenderer for due performance of the contract placed on it. Performance Security is also known as Security Deposit or Performance Bank Guarantee.

  • Executive session means any meeting or part of a meeting of a governing body which is closed to certain persons for deliberation on certain matters.

  • Additional Performance Security means the Bank Guarantee to be submitted by Successful Bidder in accordance with Clause 8.7 of this RFP Document

  • Restricted Definitive Note means a Definitive Note bearing the Private Placement Legend.

  • Restricted Global Security As defined in Section 3.01(c).

  • Transfer Restricted Definitive Notes means Definitive Notes that bear or are required to bear or are subject to the Restricted Notes Legend.

  • Regulation S Global Security The meaning specified in Section 3.01(c).

  • Executive Secretary means the executive secretary of the board.

  • Definitive Note means a certificated Note registered in the name of the Holder thereof and issued in accordance with Section 2.06(c) hereof, substantially in the form of Exhibit A hereto, except that such Note shall not bear the Global Note Legend and shall not have the “Schedule of Exchanges of Interests in the Global Note” attached thereto.

  • Interest Free Security Deposit/ Performance Security means interest free amount to be deposited by the Licensee with DMRC as per terms and conditions of License Agreement as a security against the performance of the License Agreement.

  • Restricted means the outcome of an adverse action that limits a license or the privilege to practice.

  • Restricted Stock Legend means, with respect to any Conversion Share, a legend substantially to the effect that the offer and sale of such Conversion Share have not been registered under the Securities Act and that such Conversion Share cannot be sold or otherwise transferred except pursuant to a transaction that is registered under the Securities Act or that is exempt from, or not subject to, the registration requirements of the Securities Act.

  • Temporary Offshore Global Note means an Offshore Global Note that bears the Temporary Offshore Global Note Legend.

  • Global Note shall have the meaning specified in Section 2.05(b).

  • Executive Severance Plan means the Company’s Senior Executive Employee Severance Pay Plan, as in effect from time to time.

  • Regulation S Temporary Global Security with respect to any series of Securities, means one or more temporary Global Securities, bearing the Private Placement Legend and the Regulation S Temporary Global Security Legend, issued in an aggregate amount of denominations equal in total to the outstanding principal amount of the Securities of such series initially sold, if required by Rule 903 of Regulation S.

  • Offshore Global Note means a Global Note representing Notes issued and sold pursuant to Regulation S.

  • 144A Global Security means a permanent Global Security in the form of the Security attached hereto as Exhibit A-1, and that is deposited with and registered in the name of the Depositary, representing Securities sold in reliance on Rule 144A under the Securities Act.

  • Unrestricted Definitive Note means one or more Definitive Notes that do not bear and are not required to bear the Private Placement Legend.