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.

Plan Shares means shares of Common Stock from time to time subject to this Plan.

Examples of Plan Shares in a sentence

• For the avoidance of doubt, the Board will administer the Plan and may resolve conclusively all questions of fact or interpretation arising under or concerning the Plan and any dispute of any kind that arises under the Plan, including as to the interpretation, effect or application of the Plan or any restrictions or other conditions relating to any Options granted, or Plan Shares allocated or provided, under the Plan.

• Only in circumstances where the Company is not listed on a recognised stock exchange, the Participants agree that the Plan Shares, or any beneficial or legal interest in those Plan Shares, are subject at all times to the various terms, conditions, rights and obligations contained in the Shareholders Agreement.

• In circumstances where the Company is not listed on a recognised stock exchange, the Participants agree to be bound by the terms of any tag along rights in the Shareholders Agreement and that those tag along rights will apply to all Participants in respect of Plan Shares in favour of all other Shareholders.

• In circumstances where the Company is not listed on a recognised stock exchange, the Participants agree to be bound by the terms of any drag along rights in the Shareholders Agreement and that those drag along rights will apply to all Participants in respect of Options and Plan Shares.

• Without limiting any other provisions of the Plan, the Board may determine prior to or in an Invitation Letter if any Forfeiture Conditions apply in respect of Options and/or Plan Shares.

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 or “Shares” means shares of Common Stock which may be distributed to a Recipient pursuant to the Plan.

Plan Shares means an aggregate of 5,459,972 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.