Forfeitable Shares definition

Forfeitable Shares means Shares held in the name of or for the benefit of a Participant subject to the Forfeitable Share Agreement;

Forfeitable Shares means any Shares with respect to which the restrictions have not lapsed in accordance with the Schedule set forth on Annex 1.

Forfeitable Shares means Shares comprised in a Forfeitable Shares Award which are subject to certain restrictions and forfeiture under the Plan;

Examples of Forfeitable Shares in a sentence

• Dividends paid on the Forfeitable Shares where the record date falls after the Release Date shall be mandated by the Nominee to be paid to the Award Holder.

• Under the FSP, Participants will become owners of the Forfeitable Shares from the settlement date, shortly after the award date and will immediately benefit from distributions (subject to certain restrictions set out below), and have shareholder voting rights in respect of the Forfeitable Shares over the vesting period.

• If the Company makes an offer conferring any rights on its members to acquire (for payment) additional securities in a Group Company, the Nominee shall comply with any direction from the Award Holder concerning the exercise or sale of any rights or securities attributable to the Forfeitable Shares.

• The Nominee shall hold any additional shares or securities so acquired on the same terms as the Forfeitable Shares.

• The Forfeitable Shares shall be registered in the name of the Nominee until the end of the Holding Period.

More Definitions of Forfeitable Shares

Forfeitable Shares means Shares held in the name of or for the benefit of a Participant subject to the Forfeitable Share Agreement and granted in accordance with rule 3;

Forfeitable Shares shall have the meaning set forth in Section 9.04.

Forfeitable Shares means the restrictions in the Forfeitable Share Agreement ceasing to have effect as described in rule 3.6.2(i);

Forfeitable Shares means those LIPO Canada Shares which are designated as “forfeitable” in accordance with the terms of the LIPO Canada Option Plan and the terms of the options with respect to which such shares were initially issued;

Forfeitable Shares means those Exchangeable Shares issued pursuant to the Plan of Arrangement in exchange for LIPO Canada Shares which were designated as “forfeitable shares” pursuant to the LIPO Option Plan, until such shares cease to be forfeitable in accordance with the conditions set out in Appendix A.

Forfeitable Shares shall have the meaning set forth in Section 9.04 of this Plan.

Forfeitable Shares means any shares of Series B Preferred Stock that have become subject to a Forfeiture Triggering Event.