SGS Shares definition

SGS Shares means the Shares granted to the Grantees pursuant to Grants under the Scheme which will be vested to the Grantee in accordance with By-Law 8
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SGS Shares shall have the meaning set forth in Section 4.03(a).
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SGS Shares means the Shares granted to the Grantees pursuant to Grants under the Scheme which will be vested to the Grantee in accordance with By-Law 8 “Shares” means ordinary shares in the Company “SICDA” means the Securities Industry (Central Depositories) Act 1991 “Sponsor” means such persons who are registered on the register of sponsor maintained by Bursa Securities for the ACE Market specifying all persons who have been approved to act as sponsors by Bursa Securities “Subsidiary” means a subsidiary (has the meaning ascribed to it in Section 4 of the Act) of the Company which is not dormant, and include such subsidiaries which are existing as at the Effective Date and those subsequently acquired or incorporated at any time during the SGS Period and “Subsidiaries” shall be construed accordingly “Trust” means the trust that may be established to facilitate the implementation and administration of the Scheme “Trust Deed” means the trust deed constituting the Trust to be executed between the Trustee and the Company “Trustee” means the trustee to be appointed by the Company from time to time to administer the trust for the Scheme in accordance with the Trust Deed “Unvested SGS Shares” means SGS Shares which have been granted pursuant to the Grant but which have not been vested in the Grantee at the relevant time stipulated in the Grant “Vesting Conditions” means the conditions determined by the SGS Committee and stipulated in the Grant which must be fulfilled for the SGS Shares to be vested in a Grantee “Vesting Date(s)” means in relation to a Grant, the date or dates stipulated by the SGS Committee on which all or some of the SGS Shares to which that Grant relates in accordance with By-Law 8.1 are vested pursuantto the Grant
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Examples of SGS Shares in a sentence

  • Once the Grants are accepted by the Grantees, the SGS Shares comprised in the Grants may be vested in tranches to the Grantees, subject to the fulfilment of the vesting conditions stipulated in the Grants.

  • In addition, the SGS Committee may from time to time and at its discretion decide on the performance targets and/or service objectives to be achieved by the Grantee before the SGS Shares granted can be vested.

  • The Company will not raise any proceeds from the Proposed SGS given that the SGS Shares to be issued and/or transferred to the Grantees will not require any payment from the Grantees.

  • Notwithstanding anything to the contrary, all unvested SGS Shares comprised in any Grant (whether fully or partially unvested) shall cease to be capable of vesting on the Date of Expiry or the date of the resolution of the termination of the Scheme.

  • Pursuant to the Proposed SGS, save for the potential impact of Malaysian Financial Reporting Standards 2, on “Share-Based Payment” (“MFRS 2”) issued by the Malaysian Accounting Standards Board, as elaborated in Section 4.3 of this announcement, the Proposed SGS is not expected to have any immediate effect on the NA, NA per Share and gearing of the Group until such time when the Shares are issued and/or transferred pursuant to the vesting of the SGS Shares granted.

  • Under the Proposed SGS, no monetary consideration is required to be paid by the Grantees for the acceptance of the Grants and the subsequent vesting of the SGS Shares comprised in the Grants.

  • Eligibility for consideration under the Scheme does not confer an Eligible Person a claim or right to participate in or any right whatsoever under the Scheme and an Eligible Person does not acquire or has any rights over or in connection with the Grants or the SGS Shares comprised in the Grants unless the Grants have been made in writing by the SGS Committee to the Eligible Person and the Eligible Person has accepted the Grants in accordance with the terms of the Grants and the By-Laws.

  • Under the SGS, no monetary consideration is required to be paid by the Grantees for the acceptance of the Grants and the subsequent vesting of the SGS Shares comprised in the Grants.

  • The SGS Shares comprised in the Grant shall vest in multiples of and no less than a hundred (100) Shares.

  • The SGS Shares to be issued and/or transferred to a Grantee pursuant to the vesting of SGS Shares comprised in any Grant to the Grantees under the Scheme may be subject to such retention period or restriction on transfer (if any) which the SGS Committee shall, from time to time and at its own discretion, be entitled to prescribe or impose as it sees fit.

Related to SGS Shares

  • ASA Shares has the meaning set forth in 2.4(a).

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Sold Shares shall have the meaning specified in Section 6.

  • Acquired Shares has the meaning set forth in the Recitals.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Company Shares means the common shares in the capital of the Company;

  • Newco Shares means the common shares in the capital of Newco;

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Net Shares has the meaning provided in Section 2.12 hereof.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Common Shares means the common shares in the capital of the Corporation;

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

  • Sale Shares shall have the meaning given to it in Recital (B);

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.