Equity Bonus definition

Equity Bonus means, with respect to each $1,000 principal amount of Securities, the greater of (i) zero and (ii) the product of:
Equity Bonus means a number of shares of Common Stock with an aggregate Market Value equal to 75% of the Principal Amount. “Market Value” means $0.10 per share of Common Stock. The Purchaser shall have no obligation to provide any additional consideration to the Company for the issuance of the Equity Bonus. The Company shall authorize and reserve sufficient shares of the Company’s capital stock to be issued upon the issuance of the Equity Bonus. The shares of Common Stock comprising the Equity Bonus shall be included in any registration of shares of Common Stock under the Securities Act of 1933, as amended (the “Securities Act”), occurring after the date hereof.
Equity Bonus means a bonus accrued for and paid in accordance with Section 7.

Examples of Equity Bonus in a sentence

  • Funds for contract fees paid by the Virginia Railway Express for access to the rights-of-way of CSX Transportation, Norfolk Southern Corporation, and the National Railroad Passenger Corporation shall be allocated from the public transportation's portion of federal Equity Bonus program funds.

  • The Equity Bonus can only be applied to new direct clients who open live accounts at the Company and have never participated in the promotion of "The 100% First Deposit Bonus".

  • Sweat Equity, Bonus Shares & Employee Stock Option Plan The company has neither issued sweat equity or bonus shares nor has provided any stock option scheme to the employees.

  • For example, congressional earmarks in SAFETEA’s National Corridor Infrastructure Improvement Program ($1.9 billion), Projects of National and Regional Significance ($1.8 billion), Transportation Improvements ($2.5 billion), as well as discretionary programs earmarked during the annual appropriations process are all outside the scope of SAFETEA’s Equity Bonus (EB) program.

  • The MG program and the proposed Equity Bonus program also apportion funds by formula.


More Definitions of Equity Bonus

Equity Bonus means with respect to each $1,000 principal amount of Securities, the greater of (i) zero and (ii) the product of:
Equity Bonus. Employee Share Purchase Scheme”, “Shares – Employee Share Purchase Scheme” or “Employee Option Plan”] dated [insert date]. Group means us and our Related Bodies Corporate, and Group Company means any one of them.
Equity Bonus means and include the terms
Equity Bonus means a bonus determined in the manner, and payable to certain employees of the Company, described under Item 1 on Schedule 5.01 of the Company Disclosure Letter in an amount equal to Fifteen Million Dollars ($15,000,000). The Equity Bonus shall be payable to such employees as follows: (a) one-third (1/3rd) of the aggregate portion of the Equity Bonus allocated to any employee shall be due and payable on the eightieth (80th) day following the Effective Time of the Merger and (b) the remaining portion of the Equity Bonus allocated to such employee will be payable on the fifteen (15) month anniversary of the Effective Time. To the extent that any employee who is entitled to an Equity Bonus payment is terminated following the Effective Time without cause or terminates his or her employment for good reason (as the terms cause and good reason are defined in the SPARTA, Inc. Employee Severance Plan), then any unpaid Equity Bonus payments allocated to such employee shall be paid to such former employee at the same time as they are paid to continuing employees of the Surviving Corporation.
Equity Bonus means a number of shares of Common Stock with an aggregate Market Value of not less than $225,000. “Market Value” means either (i) the average of the three (3) lowest closing prices of the Common Stock published by Bloomberg L.P. for the forty-five (45) trading days preceding the Closing (the “Average Trading Price”) or (ii) $0.15 (fifteen cents), whichever is lower. The Purchaser shall have no obligation to provide any additional consideration to the Company for the issuance of the Equity Bonus. The Company shall authorize and reserve sufficient shares of the Company’s capital stock to be issued upon the issuance of the Equity Bonus and any Board Meeting Fees. As of the date hereof, the Market Value was $0.15 per share and the number of shares of Common Stock required to be included in the Equity Bonus is not less than 1,500,000 shares of Common Stock (not including any Board Meeting Fees).
Equity Bonus means an amount equal to [ ]% of the Equity Management Pool.
Equity Bonus means for a Plan Year an amount equal to the product of (i) the portion of the Participant’s Annual Bonus Pool Percentage allocable to the Participant’s Equity Bonus Pool Percentage and (ii) the Bonus Pool, provided that, as of the Effective Date, the Deferred Bonus for members of the Company’s senior management shall be twenty-five percent (25%) of the Bonus Pool allocable to such individuals, subject to adjustment by the Committee in Future Plan Years.