Bonus Investment Shares definition

Bonus Investment Shares means shares in the Company purchased by a person for the purpose of the Scheme using part of his annual bonus pursuant to Rule 5;
Sample 1
Bonus Investment Shares means shares in the Company designated as such by a Participant under Rule 3(1) below;
Sample 1

Examples of Bonus Investment Shares in a sentence

  • A Participant who acquires Bonus Investment Shares in accordance with Rule 5.1 will be the legal and beneficial owner of those Shares and will not forfeit those Shares in any circumstances.

  • The Board may in its absolute discretion invite an Employee who receives a Bonus to acquire Shares ("Bonus Investment Shares") in the Company with a percentage or a part of the proceeds of his or her Bonus (after tax and other required withholdings have been deducted) being such part and percentage as the Board may determine, on the terms set out in this Plan and such other terms as the Board may specify prior to the time of acquisition.

  • The number of Shares subject to a Matching RSU Award shall be equal to 25% of the number of Shares subject to the RSU Award granted or the number of Bonus Investment Shares acquired and in respect of which the Matching RSU Award is awarded, or such other percentage as the Board may in its absolute discretion determine prior to the Award Date of the Matching RSU Award.

  • Controlled foreign corporation rules Japanese tax law provides special rules pertaining to foreign corporations that are 50 percent owned, directly or indirectly, by domestic corporations and residents (controlled foreign corporations, or “CFCs”).

  • The number of Shares subject to a Matching RSU shall be equal to 25% of the number of Shares subject to the Bonus RSU granted or the number of Bonus Investment Shares acquired and in respect of which the Matching RSU is awarded, or such other percentage as the Board may in its absolute discretion determine prior to the Award Date of the Matching RSUs.

  • The Board shall grant an RSU Award ("Matching RSU Award") to each Participant in respect of an RSU Award granted under Rule 4.1 above and an acquisition of Bonus Investment Shares under Rule 5.1 above, on the terms set out in the Plan and such other terms as the Board may specify at the time of the award.

  • The proportion of the annual bonus a person may use to acquire Bonus Investment Shares in any Financial Year shall be specified by the Board at the time invitations are issued and unless the Board decides otherwise will be an amount equal to 50% of their net annual bonus paid to him in that Financial Year in the case of a director of the Company and 25% of the net annual bonus paid to him in that Financial Year in the case of a person who is not a director of the Company.

  • Unless otherwise determined by the Board, the price of the Bonus Investment Shares which the Employee may acquire under Rule 5.1 above shall be the price per Share equal to the closing price of the Shares on the New York Stock Exchange on the Award Date, except that where the nominal value of such Share exceeds the closing price, the Board may required that the Employee pay such nominal value.

  • Unless otherwise determined by the Board, the price of the Bonus Investment Shares which the Employee may acquire under Rule 5.1 above shall be the closing price of a Share on the New York Stock Exchange on the last trading day immediately preceding to the payment of the Bonus.

  • Bonus Investment shares and Matching Shares (1) A Participant shall designate shares in the Company as Bonus Investment Shares in accordance with sub-rules (2) and (3) below.

Related to Bonus Investment Shares

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • Payment Shares has the meaning set forth in Section 2.02;

  • Earn-Out Shares has the meaning provided in Section 2.2(b).

  • Full Entitlement Share(s) shall have the respective meanings set forth in Section 2.12.

  • Investment Amount means the dollar amount to be invested by Investor to purchase Put Shares with respect to any Put as notified by the Company to Investor in accordance with Section 2.2.

  • Investor Shares shall have the meaning given in the Recitals hereto.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Cash Election Shares shall have the meaning set forth in Section 3.2.1.

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Earnout Shares has the meaning set forth in Section 3.6(a).

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Commitment Shares shall have the meaning set forth in Section 12.04.

  • Rollover Shares has the meaning given in the recitals.

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Incentive Shares means Shares awarded pursuant to the provisions of Article 12.

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Bonus Shares means Shares that are awarded to a Grantee without cost and without restrictions in recognition of past performance (whether determined by reference to another employee benefit plan of the Company or otherwise) or as an incentive to become an employee of the Company or a Subsidiary.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Qualifying Shares means shares of Common Stock which either (i) have been owned by the Grantee for more than six (6) months and have been “paid for” within the meaning of Rule 144 promulgated under the Securities Act, or (ii) were obtained by the Grantee in the public market.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.