IPO Awards definition

IPO Awards means 600,000 new Ordinary Shares, each with a nominal value of €1.00, issued by the Company and awarded to beneficiaries determined by the resolution of the Board of Directors made on April 11, 2025 at no cost pursuant to the Share Capital Increase by Capitalization of Distributable Reserves in accordance with the provisions of Article 114 of Law 4548/2018 and the Company’s IPO Awards Plan, subject to the Admission occurring.
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IPO Awards has the meaning assigned to it in Section 3(c).
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IPO Awards means Awards granted in connection with the initial public offering of the Shares.
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Examples of IPO Awards in a sentence

  • For the avoidance of doubt, IPO Awards granted under the Plan shall not constitute Awards granted for purposes of this Section 4(c)).

  • The terms and conditions of the IPO Awards and any other such awards shall be as set forth in the 2011 Plan and award agreements entered into between BPS and the Executive.

  • One-third (1/3) of the IPO Awards shall vest on the first (1st) anniversary of the Initial Public Offering, one-third (1/3) of the IPO Awards shall vest on the second (2nd) anniversary of the Initial Public Offering and one-third (1/3) of the IPO Awards shall vest on the third (3rd) anniversary of the Initial Public Offering, subject to the Service Provider’s continued Service through the applicable vesting date.

  • Effective on or about the Effective Date, the Executive shall be granted additional options (the ''IPO Awards") to acquire common shares of BPS under the ▇▇▇▇▇ Performance Sports Ltd.