Examples of Reserved for Issuance in a sentence
Maximum Number of Shares Reserved for Issuance The maximum aggregate number of Common shares that may be reserved for issuance under the Plan (“Plan Shares”) at any point in time is 10% of the issued and outstanding Common shares of the Company at the time Plan Shares are reserved for issuance as a result of the grant of an Option, unless amended pursuant to the requirements of the TSX-V Policies, and, if applicable, the NEX Policies.
The maximum number of Shares Reserved for Issuance under the Plan (and under any other share compensation arrangements of the Company) shall be equal to 10% of the number of shares in the capital of the Company that are outstanding from time to time.
In no event may the number of Shares that are Reserved for Issuance to any one person pursuant to Deferred Share Units and Options exceed 5% of the Outstanding Issue.
Subject to adjustment as provided for herein, the maximum aggregate number of Shares that may be Reserved for Issuance pursuant to this Plan is 2,000,000 Shares.
The Company shall cause to be Reserved for Issuance in its treasury a sufficient number of Common Shares to permit the allotment and issue of the Optioned Shares in the event the Optionees exercise all of the Options available hereunder.
The aggregate number of Shares Reserved for Issuance pursuant to Options granted under the Plan and options or other entitlements granted under any other Share Compensation Arrangement to Insider Participants, shall not exceed 10% of the aggregate Shares outstanding (on a non-diluted basis) on the date of grant.
APPLICATION FOR PERMIT RENEWAL OR MODIFICATION FOR FACILITY CHANGES The Permittee must submit an application for renewal of this permit by Reserved for Issuance.
In no event may the number of Common Shares Reserved for Issuance to any one person pursuant to an Option exceed 5% of the Outstanding Issue.
Shares Reserved for Issuance At December 31, 2018, there were 10,286,639 shares of common stock reserved for issuance pursuant to unexercised warrants and stock options, or available for issuance under the Plan.
He reminded members that he had met Paul Harris from HMCTS last September and that a new interpreters’ contract had come into effect from January 2012, following which there had been many complaints about the level of service.