Linked Shares definition

Linked Shares means the equity Securities specified in the Investment Schedule and applicable Pricing Supplement, purchased on behalf of the Investor.

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Linked Shares means King Shares that are not transferable by the holder and are held subject to the terms of an Individual Option and Subscription Agreement;

Linked Shares means shares acquired by the Subscriber which, in the relevant Letter of Allotment, are expressed as being “Linked Shares” for the purposes of this Agreement (or any other shares into which the same are converted);

Examples of Linked Shares in a sentence

• Where the Linked Shares are listed on a stock exchange, this paragraph 3 shall not apply in respect of such number of the Linked Shares as have been Released.

• The Subscriber agrees to hold such Linked Shares subject to the terms and conditions of this Agreement and the Articles.

• The Subscriber shall not, otherwise than pursuant to a Sale, an Exchange or the operation of Articles 13 or 15 of the Articles, without the prior written consent of the Board (subject to the approval of the Investor Director) (such consent to be made subject to such conditions as the Board may require), or paragraph 2 of this Agreement, transfer the Linked Shares or enter into any arrangement which may place any Encumbrance on the Linked Shares.

• The Board shall notify the Subscriber of the number of the Remaining Linked Shares which shall be treated as Released, the number of Option Shares in respect of which the Option shall be treated as exercised and the number of Option Shares in respect of which the Option shall be treated as lapsing.

• The provisions of schedule 2 apply and relate (amongst other things) to the terms of the Subscriber’s holding of any Linked Shares, certain restrictions relating to the same and matters relating to the conversion of shares.

• The Parties agree not to sell, promise to sell, exchange, donate or otherwise dispose of, transfer or encumber, directly or indirectly, in whole or in part, the Linked Shares for a period of thirty-six (36) months from the execution of this Agreement (“Restriction Period”).

• The parties acknowledge that the Subscriber may in the future acquire Linked Shares.

• The Subscriber shall not transfer or dispose of any Linked Shares that have not been Released or enter into any arrangement which may place any Encumbrance on such Linked Shares, without the prior written consent of the Board.

• The Company shall retain the share certificates issued in respect of Linked Shares until they are Released”.

• The New Linked Shares shall be held by the Subscriber subject to the KDE Articles and the terms and conditions set out in the Option and Subscription Agreement, as if amended by this Agreement.

More Definitions of Linked Shares

Linked Shares in Clause 1.1 of the Option and Subscription Agreement shall be deleted in its entirety and replaced with the following:

Linked Shares means the D3 Ordinary Shares of $0.000149 each in the capital of the Company which in the letter of allotment issued by the Company to the Subscriber are expressed as being “Linked Shares” for purposes of the Option or any A Ordinary Shares of $0.00008 in the capital of the Company into which such shares convert immediately prior to a Listing, redesignated as Ordinary Shares upon a Listing;”.

Linked Shares means ordinary shares held by me under an individual option and subscription agreement which prevents me for transferring those shares and provides for loss of those shares in certain circumstances;