Qualifying Shares definition

Qualifying Shares means shares of Common Stock which either (i) have been owned by the Grantee for more than six (6) months and have been “paid for” within the meaning of Rule 144 promulgated under the Securities Act, or (ii) were obtained by the Grantee in the public market.
Qualifying Shares means the mandatory, non-withdrawable minimum shares to be purchased by an approved applicant to be admitted and to enjoy the full rights and privileges of becoming a member of a co-operative society;
Qualifying Shares means (i) Common Shares purchased and held by Participant in open market transactions on or before the Date of Grant, excluding (A) "leveraged buy-out" Common Shares acquired in connection with the purchase of Core Laboratories from Western Atlas International, Inc., and excluding (B) Common Shares received in connection with the purchase or acquisition of a business by the Company or a Subsidiary; (ii) Common Shares acquired in open market purchases and held in Participant's account under the Core Laboratories Profit Sharing and Retirement Plan or its equivalent on or before the Date of Grant; (iii) Common Shares designated to be held in Participant's account under the Core Laboratories Deferred Compensation Plan or its equivalent on or before the Date of Grant; (iv) Common Shares acquired and held in Participant's individual retirement account or its equivalent on or before the Date of Grant; (v) Common Shares acquired and held in a family trust controlled by Participant or a family partnership controlled by Participant on or before the Date of Grant; and (vi) Common Shares acquired and held by Participant's Spouse in an account under a 401(k) plan, Keogh plan, individual retirement account, or other similar tax-qualified retirement savings plan on or before the Date of Grant.

Examples of Qualifying Shares in a sentence

I have read this Application Form and I confirm that I have provided information on my personal and financial circumstances which is true and accurate at the date of this Application Form in order that the Portfolio Managers may assess the suitability for me of investment in the Qualifying Shares.

In particular, the Investor acknowledges that the Investments are of a type that cannot easily be valued or realised and that the default period of holding Qualifying Shares will be at least three years for the Investor’s protection since tax relief may be otherwise lost.

The Portfolio Managers are required by the FCA Rules to obtain sufficient information from you to determine whether investment in Qualifying Shares is either suitable or appropriate for you depending on your choices of investment.

Directors Qualifying Shares of subsidiaries are deemed to be owned by their immediate parent entity.

We will act on the instructions of the Fund Manager to realise investments for investors; and be authorised to buy, sell, retain, convert, exchange or otherwise deal in the Qualifying Shares.


More Definitions of Qualifying Shares

Qualifying Shares means all shares of a Fund held by MFMP investors, except for Excluded Shares.
Qualifying Shares means shares of Common Stock issued pursuant to a Qualifying Award which are subject to the right of Data I/O to repurchase some or all of such shares at the original purchase price (if any) upon termination of the Holder’s services to Data I/O.
Qualifying Shares means the shares of Thai Romo stock held by PRRTHAI, Inc., THAIPRR, L.P., JAMTHAI, Inc., THAIJAM, L.P. and MOMTHAI, Inc., representing an aggregate of five ordinary shares.
Qualifying Shares means all shares of a Fund held by Clients in Programs.
Qualifying Shares means the minimum number of fully paid shares in the Company required to be held by a Transacting Shareholder to be eligible for rebates.