Examples of Shares Granted in a sentence
In addition, if, after the Allocation Date, the Company carries out a merger or company split, or if it is otherwise necessary to adjust the Number of Shares Granted in a similar manner to such cases, the Company may appropriately adjust the Number of Shares Granted to a reasonable extent.
In addition to the above, if, after the Allocation Date, the Company carries out a merger, company split or share exchange, or if it is otherwise necessary to adjust the Number of Shares Granted in a similar manner to such cases, the Company may adjust the Number of Shares Granted as deemed necessary by the Board of Directors of the Company.
However, such adjustment will be made to the Number of Shares Granted for the share acquisition rights that have not been exercised at the time of such adjustment, and any fraction of less than one share resulting from such adjustment will be rounded down.
If the Company conducts a share split or a reverse share split, the Number of Shares Granted will be adjusted in accordance with the following formula.
Shares Granted for which you cannot exercise the Option under this Section 6 shall be forfeited.
Value of property contributed upon the exercise of share acquisition rightsThe value of property contributed upon the exercise of share acquisition rights is ¥1 per share eligible for granting upon the exercise of share acquisition rights multiplied by the Number of Shares Granted.
If the Bank conducts a share split or a reverse share split, the Number of Shares Granted will be adjusted in accordance with the following formula.
Value of assets contributed upon exercise of rights to subscribe for new shares The value of assets contributed upon the exercise of each right to subscribe for new shares shall be the exercise price of one yen per share that can be delivered by exercising each right to subscribe for new shares, multiplied by the Number of Shares Granted.
In this case, the Adjusted Number of Shares Granted shall retroactively apply from the day after the day the applicable shareholders’ meeting closes and the day following the applicable record date.
In addition to the above items, when for unavoidable reasons it is necessary to adjust the Number of Shares Granted after the Allotment Date, the Company reserves the right to adjust the Number of Shares Granted within reasonable limits.