Stock Payments definition

Stock Payments as defined in Section 7.6(b).

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Stock Payments means any dividend, distribution or payment of any nature (whether in cash, securities, or other property) on account of or in respect of any shares of the capital stock or other equity interests (or warrants, options or rights therefor) of such Person, including but not limited to any payment on account of the purchase, redemption, retirement, defeasance or acquisition of any shares of the capital stock or other equity interests (or warrants, options or rights therefor) of such Person, in each case regardless of whether required by the terms of such capital stock or other equity interest (or warrants, options or rights) or any other agreement or instrument.

Stock Payments means (a) a payment in the form of shares of Common Stock, or (b) an option or other right to purchase shares of Common Stock, as part of a deferred compensation arrangement, made in lieu of all or any portion of the compensation, including without limitation, salary, bonuses and commissions, that would otherwise become payable to an employee in cash.

Examples of Stock Payments in a sentence

In no event will any Stock Payment be paid to the Recipient prior to delivery of Delivered Shares, and if the Restricted Stock Units do not vest for any reason then no Stock Payments will ever be paid with respect thereto and all rights thereto will be forfeited.
If the Company declares and pays a dividend or other distribution with respect to the outstanding Common Stock (collectively “Stock Payments”) at or before the issuance of the Stock to the Recipient pursuant to Section 4(g), then the Company shall pay to the Recipient, at the time it delivers the Stock pursuant to Section 4(g) (the “Delivered Shares”), the Stock Payments that would have been paid on the Delivered Shares had they been outstanding at the time the Stock Payments were made.
If the Company declares and pays a dividend or other distribution with respect to the outstanding Common Stock (collectively “Stock Payments”) at or before the issuance of the Shares to the Recipient pursuant to Section 5(d), then the Company shall pay to the Recipient, at the time it delivers the Shares pursuant to Section 5(d) (the “Delivered Shares”), the Stock Payments that would have been paid on the Delivered Shares had they been outstanding at the time the Stock Payments were made.
In all cases, payment (i.e., issuance of the Stock and payment of any applicable Stock Payments as provided in Section 2) with respect to any Vested RSUs shall be made promptly and, in any event, within twenty (20) days following the later of (x) the applicable Vesting Date or the date of any accelerated vesting as described in Section 4(a), Section 4(b) or Section 4(d) above and (y) the determination of whether the performance goal in Section 3(c) has been met.
If the Company declares and pays a dividend or other distribution with respect to the outstanding Common Stock (collectively “Stock Payments”) at or before the issuance of the Stock to the Recipient pursuant to Section 4(f), then the Company shall pay to the Recipient, at the time it delivers the Stock pursuant to Section 4(f) (the “Delivered Shares”), the Stock Payments that would have been paid on the Delivered Shares had they been outstanding at the time the Stock Payments were made.

More Definitions of Stock Payments

Stock Payments means the unrestricted Shares granted pursuant to the Equity Incentive Plans as are specified as eligible for deferral under the Program from time to time by the Committee, in its discretion and in compliance with all applicable laws.

Stock Payments shall exclude treasury stock transactions of up to twenty five percent (25%) of the net worth of the Borrower (determined according to GAAP) consummated by Borrower during any one fiscal year.

Stock Payments has the meaning set forth in (S)2(b)(ii).

Stock Payments an amount equal to the value of the Stock as determined pursuant to Schedule 1.

Stock Payments means any dividend, distribution or payment of any nature (whether in cash, securities, or other property) on account of or in respect of any Pledged Shares, including but not limited to any payment on account of the purchase, redemption, retirement, defeasance or acquisition of any Pledged Shares, in each case regardless of whether required by the terms of the Pledged Shares or any other agreement or instrument.

Stock Payments has the meaning specified in subsection 8.4(a). --------------

Stock Payments shall have the meaning specified in § 7.13. “Amount” when used with reference to a Stock Payment shall mean the amount of cash paid, and the greater of net book value or fair market value at the time of distribution of property distributed, in respect of such Stock Payment.