Unvested Shares definition

Unvested Shares means Shares that have not yet vested or are subject to a right of repurchase in favor of the Company (or any successor thereto).

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Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

Unvested Shares means “Unvested Shares” as defined in the Award Agreement for an Award.

Examples of Unvested Shares in a sentence

From the award date and for so long as the Unvested Shares shall not have been forfeited as provided in Section 2 above, you will have the right to vote the Restricted Shares and to receive with respect to the Restricted Shares any dividends that the Company may declare regarding the Common Shares; provided, however, that any dividend payable in Common Shares also will be deemed to be Restricted Shares under this Notice.
The Company shall retain the same and any other stock certificate or certificates that evidence Unvested Shares at any time.
You acknowledge and agree that all certificates evidencing Unvested Shares will bear substantially the following legend: THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN VESTING AND FORFEITURE PROVISIONS AS SET FORTH IN A RESTRICTED SHARE AGREEMENT BETWEEN THE CORPORATION AND THE REGISTERED HOLDER, A COPY OF WHICH IS ON FILE AT THE PRINCIPAL OFFICE OF THE CORPORATION.

Unvested Shares means the total number of Shares multiplied by the Applicable Percentage at the time the Purchase Option becomes exercisable by the Company. The “Applicable Percentage” shall be (i) 75% less 6.25% for each three months of employment completed by the Participant with the Company from and after [ , 20 ], and (ii) zero on or after [ , 20 ].

Unvested Shares means the number of shares of Stock acquired upon exercise of the Option which exceed the Vested Shares determined as of such date.

Unvested Shares means the total number of Shares multiplied by the Applicable Percentage at the time the Forfeiture Right becomes exercisable by the Company. The “Applicable Percentage” shall be: (i) 100%, less 25% for each full calendar quarter of service completed by the Stockholder with the Company from and after March 31, 2005, and (ii) zero on or after March 31, 2006.

Unvested Shares means "Unvested Shares" as defined in the Option Agreement.

Unvested Shares means Shares that are not Vested Shares.

Unvested Shares means “Unvested Shares” as defined in the Award Agreement. “Vested Shares” means “Vested Shares” as defined in the Award Agreement.

Unvested Shares for all purposes of the Unvested Share Repurchase Option with the same force and effect as the Unvested Shares immediately prior to the Ownership Change Event. While the aggregate Repurchase Price shall remain the same after such Ownership Change Event, the Repurchase Price per Unvested Share upon exercise of the Unvested Share Repurchase Option following such Ownership Change Event shall be adjusted as appropriate. For purposes of determining the Vested Ratio following an Ownership Change Event, credited Service shall include all Service with any corporation which is a Participating Company at the time the Service is rendered, whether or not such corporation is a Participating Company both before and after the Ownership Change Event.