Plan Limit definition

Plan Limit means the maximum aggregate number of Shares that may be issued for all purposes under the Plan as set forth in Section 5(a) of the Plan.
Plan Limit means the maximum number of Shares that are issuable under the Plan in accordance with Section 4.2;
Plan Limit means the maximum number of Common Shares authorized to be issued or transferred under the Plan as provided in Section 5(a).

Examples of Plan Limit in a sentence

  • If any Common Stock or Convertible Securities (other than shares or options issued or which may be issued pursuant to the Incentive Plan up to the Incentive Plan Limit) are issued or sold or deemed to have been issued or sold for cash, the consideration received therefor will be deemed to be the gross amount received by the Company therefor.

  • Options may be granted under the Plan with respect to a maximum number of 8% of the Common Units as of the Effective Date (the “Plan Limit”); provided that such Plan Limit shall be subject to adjustment as hereinafter provided in Section 12.

  • Series B Options will represent the remaining 5% of the Common Units comprising the Plan Limit.

  • Combined Plan Limit of Code Section 415(e) Employers who adopt this Prototype Plan may not elect to continue to apply the combined Plan limit of Code Section 415(e) in years beginning after the date the Employer adopts its GUST-related Plan.

  • With acceptance of the TPP Plan, TPP on behalf of the Owner, retains liability for losses resulting from fire/windstorm (excluding flood and storm surge) up to the Protection Plan Limit based on the Terms and Conditions of this Addendum.


More Definitions of Plan Limit

Plan Limit means the limit defined in paragraph 4.1(a)(i).
Plan Limit means the limit on the number of Shares that may be placed under Award pursuant to the Plan as set out in Rule 3.1;
Plan Limit means the maximum aggregate number of shares of Stock that may be issued for all purposes under the Plan as set forth is Section 4(a).
Plan Limit means the limitation contained in the Redevelopment Plan on the number of dollars of taxes which may be divided and allocated to the Agency pursuant to the Redevelopment Plan, as such limitation is prescribed by Section 33333.2 of the Law.
Plan Limit means the total number of Shares that may be issued or transferred under this Plan pursuant to Section 4(a) hereof.
Plan Limit means the maximum aggregate number of shares of Common Stock that may be issued for all purposes under the Plan as set forth in Section 3.1(a).
Plan Limit means, at any time, the aggregate number of Common Shares that may be issued or reserved for issuance pursuant to this Plan (as provided in Section 3.2 and subject to adjustment as set forth in Section 3.2).