Notional Shares definition

Notional Shares means the number of assumed shares of Common Stock of the Company as determined by the Committee from time to time in order to implement the purposes of the Plan. The number of Notional Shares under the Plan (including the Plan as in effect prior to the Effective Date) shall equal 20 million shares.

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Notional Shares means any notional Shares to which a Phantom Option relates (notwithstanding the fact that such Phantom Option may not entitle the holder thereof to acquire Shares);

Notional Shares means notional shares to be issued under the Plan, with each Notional Share notionally representing one Common Share;

Examples of Notional Shares in a sentence

Shares held by Affiliates and Associates of an Acquiring Person, and Notional Shares held by counterparties to a Derivatives Contract with an Acquiring Person, will be deemed to be beneficially owned by the Acquiring Person.
The Allegion Notional Shares shall be subject to substantially the same terms and conditions (including vesting terms) as in effect for the corresponding IR Notional Shares immediately prior to the Effective Time.
IR Notional Shares held by an Allegion Group Employee or Former Allegion Group Employee immediately prior to the Effective Time shall be replaced with a number of Allegion notional shares (the “Allegion Notional Shares”) determined by dividing the number of IR Notional Shares held by such individual by the Allegion Ratio.
The terms and conditions (including vesting terms) to which the IR Notional Shares are subject shall be substantially the same terms and conditions before and after the Effective Time.
If the resulting product includes a fractional share, the number of adjusted IR Notional Shares shall be rounded up to the nearest whole share.

More Definitions of Notional Shares

Notional Shares means the notional Shares over which a Phantom Option is or has been granted;

Notional Shares means the number of assumed shares of Common Stock of the Company as determined by the Committee from time to time in order to implement the purposes of the Plan, and shall equal 15 million shares on the effective date described in Section 10 hereof.

Notional Shares means the number of assumed shares of Common Stock of the Company as determined by the Committee from time to time in order to implement the purposes of the Plan, and shall equal 20 million shares on the effective date described in Section 10 hereof.

Notional Shares means, at any time during the Option Period, that number of Shares which the Holder would hold if:

Notional Shares means fictitious shares of the Company's common stock that are equivalent in value at all times to shares of Stock.

Notional Shares has the meaning given to it in the Investment Agreement.

Notional Shares means rights to receive a cash payment and/or Common Shares under the Plan based on notional shares and notional dividends credited in respect of notional shares, with each Notional Share notionally representing one Common Share when granted;