Plan Shares definition

Plan Shares means the total number of Common Shares which may be reserved for issuance as Optioned Shares under the Plan as provided in §2.2;
Plan Shares means shares of Common Stock held in the Trust which are awarded or issuable to a Participant pursuant to the Plan.

Examples of Plan Shares in a sentence

  • A Participant may exercise any voting rights attaching to Plan Shares.

  • A Participant will be entitled to any dividends declared and distributed by the Company on the Plan Shares and may participate in any dividend reinvestment plan operated by the Company in respect of Plan Shares.

  • If the invitation provides that any Plan Shares are subject to any restrictions as to the disposal or other dealing by a Participant for a period, the Board may implement any procedure it deems appropriate to ensure the compliance by the Participant with this restriction.

  • All Shares issued under the Plan, or issued or transferred to a Participant upon the valid exercise of a Convertible Security, (Plan Shares) will rank pari passu in all respects with the Shares of the same class.

  • A Participant may participate in any dividend reinvestment plan operated by the Company in respect of Plan Shares held by the Participant (or a Trustee for and on behalf of the Participant).


More Definitions of Plan Shares

Plan Shares or "Shares" means shares of Common Stock held in the Trust which may be distributed to a Recipient pursuant to the Plan.
Plan Shares means shares of Common Stock issuable pursuant to the Plan.
Plan Shares means shares of Common Stock held in the Trust and issued or issuable to a Recipient pursuant to the Plan.
Plan Shares means the shares of Stock, whole and fractional, that are held by the Plan Administrator for the benefit of the Participants under the Plan.
Plan Shares means those 200,000 no par value ordinary shares in the capital of the Company that are the subject of the Form S-8 which may be issued to a Participant pursuant to, or in connection with, an Award made or to be made under the Plan.
Plan Shares means an aggregate of 3,124,281 ordinary shares of $0.012 nominal value each in the capital of the Company which are to be issued or transferred to an award holder pursuant to, or in connection with, an award made or to be made under the Plan.
Plan Shares or “Shares” means shares of Common Stock which may be distributed to a Recipient pursuant to the Plan.