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

  • If the Participant is Terminated for any reason other than death, Disability or for Cause, then the Participant may exercise such Participant’s Options only to the extent that such Options are exercisable as to Vested Shares upon the Termination Date or as otherwise determined by the Committee.

  • If the Participant is Terminated because of Participant’s death or Disability (or the Participant dies within three (3) months after a Termination other than for Cause), then Participant’s Options may be exercised only to the extent that such Options are exercisable as to Vested Shares by Participant on the Termination Date or as otherwise determined by the Committee.

  • If the Participant is terminated for Cause, the Participant may exercise such Participant’s Options, but not to an extent greater than such Options are exercisable as to Vested Shares upon the Termination Date and Participant’s Options shall expire on such Participant’s Termination Date, or at such later time and on such conditions as are determined by the Committee.

  • Except as otherwise provided herein, the Option shall be exercisable on and after the Initial Vesting Date and prior to the termination of the Option (as provided in Section 6) in an amount not to exceed the number of Vested Shares less the number of shares previously acquired upon exercise of the Option.

  • If the Participant’s Service terminates because of the Disability of the Participant, the Option, to the extent unexercised and exercisable for Vested Shares on the date on which the Participant’s Service terminated, may be exercised by the Participant (or the Participant’s guardian or legal representative) at any time prior to the expiration of twelve (12) months after the date on which the Participant’s Service terminated, but in any event no later than the Option Expiration Date.


More Definitions of Vested Shares

Vested Shares means “Vested Shares” as defined in the Award Agreement. * * * * * * * * * * *
Vested Shares means all Shares which are not Restricted Shares.
Vested Shares means those Shares in respect of which an Award Vests.
Vested Shares means the Option Shares with respect to which the Option is exercisable at any particular time.
Vested Shares means, on any given date, a number of shares of Stock equal to the Number of Option Shares multiplied by the Vested Ratio determined as of such date and rounded down to the nearest whole share. On such given date, the "UNVESTED SHARES" shall mean the number of shares of Stock acquired upon exercise of the Option which exceed the Vested Shares determined as of such date.
Vested Shares has the meaning specified in Section 3.1 hereof.
Vested Shares means the shares of Restricted Stock which are no longer subject to the Restrictions by reason of Section 3.2.