Covered Share definition

Covered Share means, with respect to a Founder, each share of Class B Common Stock that such Founder or his Permitted Transferees beneficially owns or hereafter acquires from time to time, whether upon the exercise of options or convertible securities or by means of an exchange, dividend, substitution, distribution, stock split or otherwise, and, for the purpose of determining Bhusri’s Covered Shares, excluding Class B Common Stock beneficially owned directly or indirectly by Greylock Partners unless and until such Class B Common Stock is distributed or otherwise Transferred to Bhusri or a Permitted Transferee of Bhusri.
Sample 1Sample 2
Covered Share means any Share or Retained Share.
Sample 1
Covered Share means (i) any shares of Common Stock or (ii) any share of Common Stock issued or issuable upon conversion of the Preferred
Sample 1

Examples of Covered Share in a sentence

  • The parties agree that the Fair Market Value of each Covered Share as of the Grant Date is $9.01.

  • The parties agree that the Fair Market Value of each Covered Share as of the Grant Date is $10.00.

  • The purchase price for each Covered Share to be purchased hereunder shall be the exercise price set forth on the Cover Page (the “Exercise Price”).

  • During the Restricted Period for a Covered Share, the Covered Share may not be sold, assigned, transferred pledged or otherwise encumbered in any manner otherwise than by will or by the laws of descent or distribution.

  • The Company hereby grants to the Grantee “Covered Shares” of Restricted Stock pursuant to the Plan (“Award”), where each Covered Share represents the right of the Grantee to enjoy, subject to the terms and conditions set forth in this Award Agreement and the Plan, one (1) share of Stock free of restrictions once the Restricted Period ends.

  • The Retained Interest Holders and the Company entered into a put/call agreement pursuant to which the Retained Interest Holders are entitled to sell their shares of common stock of EcoSynthetix U.S. (the “Covered Shares”) to the Company at any time prior to the date that is five years following the closing of the offering (the “Put Expiry Date”) in exchange for Common Shares of the Company on the basis of seven common shares for one Covered Share, subject to adjustment.

  • Upon the vesting of any Covered Share, the Participant shall own such share free of all restrictions otherwise imposed by this Agreement, other than the restrictions imposed by paragraph 6 hereof.

  • As is seen, the closed­ room spectra roll­off much more rapidly than open­air ones within the inertial interval; besides, within the interval, there are only short individual frequency regions (in echelon), inside which the turbulence can be considered as Kolmogorov (WT ~f –5/3).

  • Unless Parent shall otherwise request, Stockholder shall tender or cause to be tendered (and shall not withdraw or permit the withdrawal of), pursuant to and in accordance with the terms of the Offer, each Covered Share in consideration for the Offer Price.

  • Unless Parent shall otherwise request, each Stockholder shall tender or cause to be tendered (and shall not withdraw or permit the withdrawal of), pursuant to and in accordance with the terms of the Offer, the Covered Shares in consideration for the Offer Price per Covered Share.


More Definitions of Covered Share

Covered Share means a Share that is subject to an Award.
Sample 1

Related to Covered Share

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Phantom Share means a right, pursuant to the Plan, of the Grantee to payment of the Phantom Share Value.

  • Unit Share means a Common Share comprising part of each Unit;

  • Membership Unit means a Membership Common Unit, a Company Preferred Unit, a Company Junior Unit or any other fractional share of the Membership Interests that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof.

  • Participating Share or “Share” means the Participating Shares of no par value in the

  • Restricted Share means a Share awarded to a Participant pursuant to Article 6 that is subject to certain restrictions and may be subject to risk of forfeiture.

  • Time-share unit means a condominium unit in which a time-share estate or a time-share license exists.

  • car-share means the practice where a number of people share the use of one or more cars that are owned by a profit or non-profit car-sharing organization and where such organization may require that use of cars to be reserved in advance, charge fees based on time and/or kilometres driven, and set membership requirements of the car-sharing organization, including the payment of a membership fee that may or may not be refundable;

  • Common Share means one share of the common stock of the Company.

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Share means a share of the Common Stock, as adjusted in accordance with Section 13 of the Plan.

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

  • Preferred Share means a share of stock of the General Partner of any class or series now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.

  • Company Restricted Share means each restricted share of Company Common Stock outstanding as of the Effective Time granted pursuant to any equity or compensation plan or arrangement of the Company.

  • Share Unit means a unit credited by means of an entry on the books of the Corporation to a Participant pursuant to the Plan, representing the right to receive, subject to and in accordance with the Plan, for each Vested Share Unit one Share, at the time, in the manner, and subject to the terms, set forth in the Plan and the applicable Grant Agreement;

  • Free Share means, in respect of a Fund, each C share of the Fund, other than a Commission Share (including, without limitation, any C share issued in connection with the reinvestment of dividends or capital gains).

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

  • Applicable Stock Price means, in respect of a Conversion Date, the average of the Closing Sale Prices per share of Common Stock over the five-Trading Day period starting the third Trading Day following such Conversion Date.

  • Optioned Stock means the Common Stock subject to an Option.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Per Share Value means the average value of the consideration to be received in respect of each outstanding Common Share pursuant to the Qualifying Transaction as determined by mutual agreement of the Independent Directors (as defined in Section 2(b)(i) below) and the holders of a majority in interest of all outstanding warrants to purchase Common Shares containing this provision, or, if they shall fail to agree, by an Investment Bank.

  • Said Unit means the said Flat, the said Vehicle Parking Space, (if any), and the right of common use of the Common Portions and wherever the context so intends or permits, shall also include the Said Undivided Share.

  • Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.