Stock Holdings definition
Examples of Stock Holdings in a sentence
Upon any termination of the employment of the Employee prior to a public offering of Common Stock, Holdings or its designee may at its option purchase all Common Stock acquired upon any exercise of the Option then held by the Employee for a purchase price equal to the determined value of such stock at the time of purchase.
If, after the aforementioned aggregation, the conversion would result in the issuance of a fraction of a share of Common Stock, Holdings shall, in lieu of issuing any fractional share, pay the holder otherwise entitled to such fraction a sum in cash equal to the Current Market Price of such fraction on the date of conversion.
The Investor understands that no active trading market currently exists for the Common Stock or the Preferred Stock, Holdings does not intend to list the Preferred Stock on any national securities exchange and an active market may not develop for the Common Stock or the Preferred Stock.
Upon any termination of the employment of the Executive prior to a public offering of Common Stock, Holdings may purchase Common Stock acquired upon any exercise of the Option then held by the Executive in accordance with the terms and provisions of the Management Stock Buyback Agreement, dated as of the date hereof, by and between Holdings and certain other purchasers of Holdings Common Stock signatory thereto.
Common Stock, Holdings Preferred Stock and Senior Subordinated Notes.
The Committee may, in its sole discretion, allow a Participant to replace Non Transferable Shares with other shares of Common Stock held by the Participant for purposes of satisfying the Restricted Stock Holdings.
After giving effect to the Spin-Off, the Company will not have any Subsidiaries, and the Company will not own directly or indirectly any interest or investment (whether equity or debt) in any Person other than the Company Parent Stock Holdings.
Effective as of the date that the Participant attains his or her Restricted Stock Holdings, 100% of the shares of Common Stock underlying the RSUs that vest on each subsequent Vesting Date shall be transferable, in whole or in part, by the Participant.
Common Stock, Holdings Common Stock and Holdings Preferred Stock.
Subject to Section 5(c), the Participant’s Restricted Stock Holdings shall not be transferable, in whole or in part.