Share Bonus definition

Share Bonus means a bonus payable in fully vested Common Shares granted pursuant to Section 11 hereof.

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Share Bonus with respect to the Performance Period shall mean a number of shares of Common Stock equal to the product of the Target Share Amount multiplied by the Earned Bonus Percentage for the Performance Period, to the extent vested as of the Distribution Date as provided herein.

Share Bonus means a bonus payable in fully vested Ordinary Shares granted pursuant to Section 11 hereof.

Examples of Share Bonus in a sentence

In the event the Milestone Objectives are not achieved by December 31, 2025, no bonus shall be earned, and the Participant shall not be entitled to any other payment under this Agreement or have any other rights with respect to the Share Bonus.
In the event of the Company’s material restatement of its financial results the Participant shall repay the entire Share Bonus, or forfeit such if not already paid, whether vested or unvested, to the extent the restatement is caused or substantially caused by the fraud or intentional misconduct of the Participant.
In the event the Participant’s employment with the Company terminates prior to the achievement of the Milestone Objectives for any reason other than an involuntary termination without Cause, no bonus shall be earned, and the Participant shall not be entitled to any other payment under this Agreement or have any other rights with respect to the Share Bonus.
The Share Bonus shall be distributed in shares of Common Stock, less applicable taxes and withholdings, which may be satisfied with shares of Common Stock, and shall be distributed on the Distribution Date.

More Definitions of Share Bonus

Share Bonus means an award of Shares pursuant to Section 6.

Share Bonus means Shares granted to a Participant pursuant to Section 7.

Share Bonus means a bonus payable in Ordinary Shares granted pursuant to Section 12.

Share Bonus means a bonus payable in fully vested Ordinary Shares granted pursuant to Section 11 hereof. (pp) “Shares” means Ordinary Shares reserved for issuance under the Plan, as adjusted pursuant to the Plan, and any

Share Bonus means any Shares awarded to a Participant by the Company with respect to a Plan Year that are designated by the Company as a part of the Participant’s annual bonus for such Plan Year, whether or not actually paid during such Plan Year, determined before giving effect to any Share Bonus Deferral made hereunder, but only to the extent such Shares awarded would qualify as “performance-based compensation” for purposes of Section 409A of the Code and the regulations thereunder.”

Share Bonus with respect to the Service Period, shall mean the number of shares of Common Stock specified in Section 2.

Share Bonus means the number of shares of Common Stock specified in Section 2, which is the amount of the Common Stock to be paid to Participant in the event the Milestone Objectives are achieved before December 31, 2025, provided Participant is still employed with the Company on the Determination Date.