Plus Shares definition
Examples of Plus Shares in a sentence
Accounts in Vanguard Funds maintained by the Intermediary may qualify for Admiral Shares, Signal Shares, Institutional Shares and/or Institutional Plus Shares, if and to the extent available from time to time, by satisfying the applicable requirements set forth below.
Vanguard agrees to make Institutional and Institutional Plus Shares available to those Agent accounts with Vanguard, that satisfy the then-current Institutional Shares or Institutional Plus Shares Eligibility Requirements, as specified in Exhibit F, which Exhibit may be modified by Vanguard from time to time in its discretion, subject to the conditions set forth below.
Certain Vanguard Funds identified on Exhibit F attached to this Agreement offer special share classes known as Institutional Shares and Institutional Plus Shares to qualifying investors.
All such information will be kept confidential by Vanguard, will not be disclosed to any unaffiliated third party and will be used solely for purposes of monitoring compliance with the eligibility requirements of the Institutional Shares and Institutional Plus Shares program.
The Intermediary shall be responsible for ensuring that only those accounts and/or Plans that satisfy all applicable eligibility requirements below receive and continue to hold Admiral Shares, Signal Shares, Institutional Shares or Institutional Plus Shares, as appropriate, and/or such additional or substitute share classes as the Vanguard Funds may offer from time to time.
Until surrendered and exchanged as herein provided, each outstanding certificate owned by Shareholders or its affiliates which, prior to the Effective Date, represented a ABV Consulting ownership certificate shall be deemed for all corporate purposes to evidence ownership of the Allied Plus Shares.
The Accounts’ accounts may qualify for Admiral Shares, Signal Shares, Institutional Shares and/or Institutional Plus Shares, if and to the extent available from time to time, by satisfying the applicable requirements set forth below.
Such shares of Soft Plus Common Stock that remain unvested immediately following the Closing are referred to herein as the Unvested Soft Plus Shares.
Each Soft Plus Shareholder shall be entitled to receive a pro rata portion of the proceeds of the USI Note when paid in full, based on the relative number of shares of USI Common Stock received at or in connection with the Closing by Soft Plus Shareholders, as the same may be reduced to reflect shares of USI Common Stock into which Unvested Soft Plus Shares are converted and exchanged in connection with the Merger that are repurchased in accordance with the provisions of Section 3.2.8.
All Allied Plus Shares owned by ABV Consulting which are outstanding immediately prior to the Effective Date shall at the Effective Date, by virtue of this Rescission Agreement, and without any action on the part of ABV Consulting, be exchanged into only the right to receive the ABV Consulting Shares delivered to Shareholders pursuant to the SPA.