Retained Stock definition

Retained Stock has the meaning set forth in the Recitals.

Retained Stock shall have the meaning set forth in the recitals hereto.

Retained Stock means the outstanding Brighthouse Common Stock, up to 19.9%, that MetLife may retain after the Distribution.

Examples of Retained Stock in a sentence

• Restricted stock granted to the Executive by the Company that is subject to forfeiture restrictions shall not be counted as Retained Stock.

• Retained Stock shall include (i) restricted stock issued to Executive that is no longer subject to a forfeiture restriction, (ii) stock held in an individual retirement account, 401(k) plan or other qualified plan pursuant to the Code for the primary benefit of the Executive and/or Executive’s spouse and (iii) stock held by the Executive’s spouse.

• The number of shares of Retained Stock shall be adjusted for stock splits, stock dividends, spin offs and other relevant changes in the Company’s capital structure.

• During the Period of Restriction such electronic book entries shall contain a restrictive legend notation to the effect that ownership of such Restricted Shares (and any Retained Stock Distributions), and the enjoyment of all rights appurtenant thereto, are subject to the restrictions, terms, and conditions provided in the Plan and this Agreement.

• Any Retained Stock not disposed of in the Debt Exchanges will be disposed of no later than five years after the Split-Off.

More Definitions of Retained Stock

Retained Stock means the outstanding SpinCo Shares, up to 19.9% of the aggregate outstanding SpinCo Shares, that Parent may retain after the Distribution.

Retained Stock means the Corner Store Common Stock retained by Valero immediately following the Distribution.

Retained Stock means the Enova Common Stock retained by Parent immediately following the Distribution.

Retained Stock shall have the meaning set forth in the preamble hereto.

Retained Stock means the shares of Class A Common Stock included in the Acquisition Consideration (as defined in the Asset Purchase Agreement) other than the Trust Stock and the shares of Class A Common Stock sold by the Parent Group in the Stock Offering, plus (from and after the date of the termination of the Trust) the shares of Trust Stock in excess of the number of shares of Trust Stock necessary to settle the Parent Group's delivery obligations pursuant to the purchase agreement entered into in connection with the Trust Offering (whether or not the Trust Stock is used to settle such obligations); provided that any such excess shares of Trust Stock are released from the collateral arrangements entered into by Parent or any other member of the Parent Group in connection with the Trust Offering. References herein to numbers of shares of Retained Stock shall be appropriately adjusted to give effect to any stock split, reverse stock split, stock dividend or similar recapitalization event, and any merger, consolidation, exchange or other similar reorganization or business combination involving the Company occurring after the Closing." ; (v) to amend and restate the definition of "Trust Stock" in Section 1.1 of the Stockholder Agreement to read in its entirety as follows:

Retained Stock has the meaning set forth in Section 2.1(b).

Retained Stock means the stock-in-trade used in the Retained Business together with any Stock given a nil value in accordance with the provisions of Schedule 2 including raw materials, goods and other assets purchased for resale, stores, component parts, work in progress, together with finished products and packaging and promotional material;