Returned Shares definition

Returned Shares has the meaning set forth in Section 12.2.2.

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Returned Shares has the meaning assigned to such term in Section 4(b).

Returned Shares means Class A Ordinary Shares (including in the form of ADSs) underlying an Award and Related Income of the relevant Class A Ordinary Shares (including in the form of ADSs) underlying an Award which are referable to a Grantee and which are not vested in accordance with the terms of the Scheme, or returned in accordance with the clawback mechanism of the Scheme, or such Class A Ordinary Shares (including in the form of ADSs) that are deemed by the Board or its delegate(s) to be Returned Shares

Examples of Returned Shares in a sentence

For avoidance of doubt, however, if any Shares subject to an Award granted hereunder are withheld or applied as payment in connection with the exercise of an Award or the withholding or payment of taxes related thereto (“Returned Shares”), such Returned Shares will be treated as having been delivered for purposes of determining the maximum number of Shares available for grant under the Plan and shall not again be treated as available for grant under the Plan.
If any Shares subject to an Award granted hereunder are withheld or applied as payment in connection with the exercise of an Award or the withholding or payment of taxes related thereto (“Returned Shares”), such Returned Shares, shall again be available for grant under the Plan.
Each Stockholder Party shall abide by the provisions set forth in this Section 3 with respect to a Transfer of any of its Shares (including, in the case of the Trust, any Returned Shares); provided, however, that the provisions of this Section 3 shall not apply with respect to any Transfer made by the Trust pursuant to the Stock Option Agreement.
If 70% of the originally-issued Merger Shares are returned by the ▇▇▇▇▇▇▇▇ II Members as Returned Shares (the minimum threshold to close this Agreement), Dala will receive 7,000,000 common shares for cancellation and will then return to ▇▇▇▇▇▇▇▇ 61% of the acreage in the Property, or 49,000 acres (with Dala retaining 31,000 acres in the Property).
The closing shall not occur unless the amount of Returned Shares consists of at least 70% of the Merger Shares that were initially issued to the ▇▇▇▇▇▇▇▇ II Members as part of the Merger in June 2014.

More Definitions of Returned Shares

Returned Shares means Shares which were originally allocated as Shares subject to an Award by the Company or by the Trustee but such Award has then lapsed, and such Shares are then withheld from distribution to the Participants and issued to or retained by the Trustee as part of the Shares Pool for the purposes of satisfying future Awards granted under the Plan.

Returned Shares has the meaning set forth in Section 14.2(b) of the Agreement.

Returned Shares defined in Section 5.7.

Returned Shares means such RSU Shares or Related Income which are not vested and/or forfeited in accordance with this Plan (whether as a result of a Total RSU Forfeiture or a Partial RSU Forfeiture or otherwise), or such Ordinary Shares being deemed to be Returned Shares in accordance with this Plan and the Trust Deed.

Returned Shares means the 2,009,622 Alcanna Company Shares which shall be returned to the Company for cancellation pursuant to Section 2.4.”

Returned Shares means any Second Closing Escrow Shares or Third Closing Escrow Shares that are returned to the status of authorized but unissued shares of Parent Capital Stock pursuant to Section 1.9, as applicable.

Returned Shares means Shares and related income which are not vested and/or forfeited in accordance with the Share Award Scheme;