Restricted Shares Award definition

Restricted Shares Award shall have the meaning ascribed to such term in Section 1 of this Agreement.
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Restricted Shares Award. AND "RESTRICTED SHARES AWARD AGREEMENT" - shall have the meanings ascribed to such terms in the Prior Agreement.
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Restricted Shares Award means an award of the Company’s common shares, without par value, subject to specified restrictions, as set forth thereon, which is made to an Employee under the Stoneridge, Inc. Long-Term Incentive Plan or the Amended and Restated Long-Term Incentive Plan (collectively, the “LTIP”). A Restricted Shares Award shall be subject to the terms and conditions of the LTIP and the Restricted Shares Grant Agreement therefor, except to the extent the receipt of such Restricted Shares Award is deferred by a Participant pursuant to Section 3.3(e) below, in which case the provisions of the Plan will govern such Restricted Shares Award once the restrictions to which the Restricted Shares Award are subject lapse.
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Examples of Restricted Shares Award in a sentence

  • Each Restricted Shares Award shall be evidenced by an Award Agreement that shall specify the number of Restricted Shares, the restricted period(s) applicable to the Restricted Shares, the conditions upon which the restrictions on the Restricted Shares will lapse and such other terms and conditions as the Committee shall determine and which are not inconsistent with the terms and conditions of the Plan.

  • Certificates will be transferred to you only as provided in paragraph 3 of this Restricted Shares Award section.

  • The Non-Qualified Stock Option Award, Restricted Shares Award and Performance Share Award and this Agreement are subject to the terms and conditions of the Plan.

  • You agree to consult with any tax consultants you think advisable in connection with tax issues regarding your Non-Qualified Stock Option Award, Restricted Shares Award and Performance Share Award and you acknowledge that you are not relying, and will not rely, on the Company or any Affiliate for any tax advice.

  • Any such Shares that become vested under this paragraph 7 will not be forfeited under paragraph 8 of this Restricted Shares Award section.

  • The Committee shall require that the stock certificates evidencing the Restricted Shares be held in custody by the Company until the restrictions thereon shall have lapsed, and that, as a condition of any Restricted Shares Award, the participant shall have delivered to the Company a stock power, endorsed in blank, relating to the Shares covered by that Award.

  • During the Period of Restriction you will have all of the rights of a stockholder of the Company with respect to the Restricted Shares subject to the provisions of paragraph 2 of this Restricted Shares Award section.

  • Notwithstanding anything contained herein to the contrary, the Board shall have the authority to remove any or all of the restrictions on the Restricted Shares whenever it may determine that, by reason of changes in applicable laws or other changes in circumstances arising after the date of the Restricted Shares Award, such action is appropriate.

  • The Administrator may require that any share certificates evidencing such shares be held in custody by the Company or any third party determined by the Company, until the restrictions thereon shall have lapsed, and that, as a condition of any Restricted Shares Award, the Participant shall have delivered a duly signed share transfer deed, endorsed in blank, relating to the Shares covered by such Award.

  • Each Award of Restricted Shares shall be evidenced by a Restricted Shares Award Agreement that shall specify the period of restriction, the number of Restricted Shares granted, and such other terms and conditions as the Committee, in its sole discretion, shall determine.


More Definitions of Restricted Shares Award

Restricted Shares Award means an award of the Company’s Common Shares, without par value, subject to specified restrictions, as set forth thereon, which is made to a Director under the Stoneridge, Inc. Directors’ Restricted Shares Plan (“DRSP”). A Restricted Shares Award shall be subject to the terms and conditions of the DRSP and the Restricted Shares Grant Agreement therefor, except to the extent the receipt of such Restricted Shares Award is deferred by a Participant pursuant to Section 3.3(e) below, in which case the provisions of the Plan will govern such Restricted Shares Award once the restrictions to which the Restricted Shares Award are subject lapse.
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Restricted Shares Award means an Award designated as a Restricted Shares Award under Rule 3.2 (Type of Award); Back to ContentsDISPLAY VERSIONITEM 19 EXHIBIT NUMBER 3.10
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Restricted Shares Award means an Award of Restricted Shares subject to such restrictions and conditions as the Administrator may determine at the time of grant.
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Related to Restricted Shares Award

  • Restricted Share Award means an award of Restricted Shares.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Restricted Share Unit Award means an award of Restricted Share Units under this Plan.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Restricted Share means a Share awarded to a Participant pursuant to Article 6 that is subject to certain restrictions and may be subject to risk of forfeiture.

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

  • Restricted Share Agreement means the agreement between the Company and the recipient of a Restricted Share which contains the terms, conditions and restrictions pertaining to such Restricted Shares.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • Restricted Stock means Shares issued pursuant to a Restricted Stock award under Section 7 of the Plan, or issued pursuant to the early exercise of an Option.

  • Plan Share Award or "Award" means a right granted to a Participant under this Plan to earn or to receive Plan Shares.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Restricted Stock Bonus means Stock granted to a Participant pursuant to Section 8.

  • Restricted Stock Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock Award grant. Each Restricted Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Company Restricted Stock Award means each award with respect to a share of restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of determination, subject to forfeiture or repurchase by the Company.

  • Share Award means an Award of Shares granted pursuant to Section 10.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Company Restricted Shares means all shares of Company Common Stock subject to vesting restrictions and/or forfeiture back to the Company, whether granted under a Company Stock Plan or otherwise.

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • Restricted Award means any Award granted pursuant to Section 7.2(a).

  • Unit Award means a grant of a Unit that is not subject to a Restricted Period.