Vested Shares definition

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

Vested Shares means any portion of the Restricted Stock subject to this Agreement that is and has become vested pursuant to this Section 2.

Vested Shares means Common Shares to which the holder of the Restricted Share Units becomes entitled upon vesting thereof in accordance with Section 2 or 3 hereof.

Examples of Vested Shares in a sentence

• The Recipient shall deposit with the Company stock powers or other instruments of transfer or assignment, duly endorsed in blank with signature(s) guaranteed, corresponding to each certificate representing shares of Restricted Stock until such shares become Vested Shares, on a form attached hereto as Exhibit A.

• Unless otherwise determined by the Board, the shares of Restricted Stock are not transferable unless and until they become Vested Shares in accordance with this Amendment, otherwise than by will or under the applicable laws of descent and distribution.

• Except as otherwise permitted pursuant to the first sentence of this Section, any attempt to effect a Transfer of any shares of Restricted Stock prior to the date on which the shares become Vested Shares shall be void ab initio.

• One or more stock certificates evidencing the Restricted Stock shall be issued in the name of the Recipient but shall be held and retained by the Company until the date (the “Applicable Date”) on which the Shares (or a portion thereof) subject to this Restricted Stock award become Vested Shares pursuant to Section 2 hereof, and are thereafter delivered, subject to Section 7 of this Amendment.

• In addition, notwithstanding any provision to the contrary herein, any cash dividends declared with respect to shares of Restricted Stock subject to this Amendment shall be held in escrow by the Board until such time as the shares of Restricted Stock that such cash dividends are attributed to shall become Vested Shares, and in the event that such shares of Restricted Stock are subsequently forfeited, the cash dividends attributable to such portion shall be forfeited as well.

More Definitions of Vested Shares

Vested Shares means those Shares in respect of which an Award Vests.

Vested Shares has the meaning specified in Section 3.1 hereof.

Vested Shares means all Shares which are not Restricted Shares.

Vested Shares means Shares that have vested in accordance with Section 3.1 or Section 3.2.

Vested Shares means the Option Shares with respect to which the Option is exercisable at any particular time.

Vested Shares means the shares of Restricted Stock which are no longer subject to the Restrictions by reason of Section 3.2.

Vested Shares means the Option Shares which have vested in accordance with the Vesting Schedule applicable to those shares or any special vesting acceleration provisions and which are no longer subject to the Repurchase Right.