Examples of Non-Vested Share in a sentence
The repurchase price under this Section 4 shall be the Exercise Price for each Non-Vested Share being repurchased by the Company (or its assignees), reasonably and ratably adjusted for any stock split, stock dividend or Reorganization.
Non-Vested Share AwardsDuring 2005, our shareholders approved the 2005 Long-Term Incentive Plan (the "LTIP") to provide for the issuance of non-vested share awards, share option awards and performance awards.
The repurchase price under this Section 4 shall be equal to twenty- five cents ($0.25) for each Non-Vested Share being repurchased by the Company (or its assignees), reasonably and ratably adjusted for any stock split, stock dividend or Reorganization.
Non-Vested Share Awards During 2005, our shareholders approved the 2005 Long-Term Incentive Plan (the "LTIP") to provide for the issuance of non-vested share awards, share option awards and performance awards.
With respect to the repurchase of LBYTA Shares pursuant to this Section 4(a), the number of LBYTA Shares that were issued in exchange for a Class A Share will be treated as one Non-Vested Share for all purposes of this Section 4(a).
Table of Contents Non-Vested Share Awards Under the LTIP Plan, non-vested share awards may be issued to our officers, non-employee directors and key employees who are in a position to contribute materially to our growth, development and long-term success.
Non-Vested Share AwardsGrants of non-vested share awards generally vest at rates of 20% or 33% per year, as determined by a committee or subcommittee of the Board of Directors at the time of grant.
A dissolution or liquidation of the Corporation or Alpine, other than a dissolution or liquidation immediately following a sale of all or substantially all of the assets of the Corporation or Alpine, which shall be governed by the immediately preceding sentence, shall cause this Plan to terminate and each Non-Vested Share under any Grant to be Vested.
On the Effective Date, the Executive and the Company shall execute and deliver the Long-Term Non-Vested Share Award attached as Exhibit A hereto.
The repurchase price under this ---------------- Section 4 shall be equal to twelve cents ($0.12) for each Non-Vested Share being repurchased by the Company (or its assignees), reasonably and ratably adjusted for any stock split, stock dividend or Reorganization.