Incentive Shares definition
Incentive Shares means an award of shares granted pursuant to Section XIII.
Incentive Shares means Shares awarded pursuant to the provisions of Article 12.
Incentive Shares means all Shares and Options held by a Manager that are subject to vesting or other service or performance based conditions to ownership, treating such Options as a number of Incentive Shares equal to the maximum number of Shares for which such Options may at the time be exercised.
Examples of Incentive Shares in a sentence
The Shares, when issued in accordance with the terms of the Notes or Warrant, or the Incentive Shares, will be validly issued, fully paid and nonassessable shares of Common Stock of the Company, free and clear of all Liens other than restrictions on transfer provided for in this Agreement..
More Definitions of Incentive Shares
Incentive Shares means an award providing for the contingent grant of Shares pursuant to the provisions of Section 10.
Incentive Shares means 550,000 Common Shares payable to the Investor on or prior to the date of this Agreement, which shares shall be free from trading restriction on such date.
Incentive Shares shall have the meaning specified in the LLC Agreement.
Incentive Shares means the shares of the Company’s Common Stock to be issued by the Company to Buyer in accordance with Section 7.5 below.
Incentive Shares means an award providing for the contingent grant of Shares pursuant to the provisions of Section 10 hereof.
Incentive Shares shall have the meaning ascribed to such term in Section 2.1.
Incentive Shares means any Shares issued pursuant to the exercise of the Option in accordance with the terms of this Agreement.