Incentive Securities definition

Incentive Securities means Company Securities purchased or acquired by, or issued to, a Management Shareholder or its Permitted Transferees pursuant to the exercise of options (including any options for common shares) or other rights to acquire Common Shares, restricted stock or any other equity or equity-linked security issued by the Company, pursuant to the Incentive Plan;

Incentive Securities means, collectively, the Norbord DSUs, the Norbord RSUs and the Norbord Options;

Incentive Securities means, collectively, (a) the Options, (b) the RSUs, (c) the PSUs.

Examples of Incentive Securities in a sentence

• With respect to the approval of the Arrangement by the Board, the term "unanimously" shall mean the approval by every director of the Company present at a duly convened meeting of the Board, other than any director who refrains from voting on the approval of the Arrangement pursuant to subsection 132(5) of the OBCA due to the fact that he is entitled to compensation solely in his capacity as an employee of the Company in accordance with his employment agreement and his holdings of Incentive Securities.

• If the Company purchases any Incentive Securities subject to the Call Option, the Incentive Securities so acquired shall be redeemed in accordance with the provisions of Article 49-8 of the law of 10 August 1915 on commercial companies, as amended.

• At the Effective Time, the Arrangement will without any further authorization, act or formality on the part of the Court become effective and be binding upon RAC, Great Canadian, the Shareholders, including Dissenting Shareholders, the holders of Incentive Securities and the Depositary.

• In the event that the Performance Vesting Incentive Securities do not become Vested Securities as a result of the Performance Threshold not being achieved upon a Change in Control or Public Offering in accordance with Section 2(f), such Performance Vesting Incentive Securities may be purchased the Company or the Xxxx Investors or such other Person as the Xxxx Investors may identify, at the lower of Fair Market Value and their Original Cost in accordance with the procedure set forth in Section 9(b)(iv).

• If the Company or the Xxxx Investors (or their assignees) shall have elected to exercise its Call Option to purchase Incentive Securities, then at any time prior to the closing of such transaction, the Company or the Xxxx Investors (or their assignees) may resell such of the Incentive Securities as have been purchased to any Executive(s) in such amount(s) as the Board shall determine in its full discretion and the relevant Executive shall have agreed to purchase.

More Definitions of Incentive Securities

Incentive Securities means collectively, (i) the Class G Ordinary Shares, the Class H Ordinary Shares, the Class I Ordinary Shares, the Class J Ordinary Shares, the Class H Ordinary Shares and the Class K Ordinary Shares issued to or held by the Executive and (ii) any Securities issued or issuable directly or indirectly with respect to the Securities referred to in (i) above by way of a dividend or split or in connection with a combination of securities, recapitalization, merger, consolidation or other reorganization including a recapitalization or exchange, notwithstanding any subsequent transfer or assignment to other holders thereof.

Incentive Securities means and include, at any time, (a) all Stock Options and (b) all shares of Capital Stock issued upon the exercise of Stock Options.

Incentive Securities means, collectively, the Company Options, the RSUs, the PSUs and the DSUs.

Incentive Securities means collectively the Company Options, Company DSUs and Company RSUs;

Incentive Securities means any Common Shares and/or Equity Securities issued or issuable (a) pursuant to any Share Incentive Plan; or (b) on the exercise of any Right.

Incentive Securities means the Options, DSUs, RSUs, PSUs and SARs issuable to any Participant under this Plan or, in the case of Options, any pre-existing stock option plan of the Company;

Incentive Securities means, collectively, (a) the Options, (b) the RSUs, (c) the PSUs and (d) the PRSUs.